Numetal, ArcelorMittal bids for Essar Steel rejected, Essar Steel to see new round of bidding

(G.N.S) Dt. 21 New Delhi Bids by Numetal and AreclorMittal for Essar Steel have been rejected by the lenders after failing to clear the eligibility test. The decision was taken at a meeting on Wednesday between the resolution professional and Essar Steel’s Committee of Creditors, which consists of the lenders.