Arcelor has stoked up its attack against NRI steel tycoon Lakshmi Mittal blaming him for inflaming political opinion over his $22.1 billion
Rejecting NRI steel tycoon Lakshmi Mittal's takeover bid, the chief executive of the European steel group Arcelor said the Indian billionaire had behaved improperly in initiating the £12.7 billion bid and that he presided over a company with poor sta
But he is actively pursuing greenfield steel plants in Karnataka and Jharkhand; ultimately, only one of these might come up.