ArcelorMittal-Nippon plans to take control of captive jetty at Hazira

摘要

AM/NS the joint venture in India of ArcelorMittal and Nippon Steel is trying to take control of the captive jetty at Hazira in Gujarat from the Ruias of the Essar group. AM/NS declined to comment on the issue but sources in the state government confirmed it had applied for a transfer of licence from Essar Bulk Terminal (EBTL), the majority in which is held by Essar. The move has been initiated by AM/NS on the reasoning that this was a captive licence for the steel plant and the captive jetty should remain with the plant.