ArcelorMittal Nippon sues India over raw material imports as fight escalates
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ArcelorMittal's joint venture in India has filed a lawsuit against the Indian government for rejecting imports of a steelmaking raw material. The company claims that the import curbs are being imposed retroactively, negatively impacting its business.
March 12, 2025 | 10:30 am
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ArcelorMittal's joint venture in India is suing the Indian government over retroactive import curbs on steelmaking raw materials, which could impact its operations and financial performance.
The lawsuit indicates a significant legal and regulatory challenge for ArcelorMittal's operations in India. Retroactive import curbs can disrupt supply chains and increase costs, potentially affecting the company's financial performance. The legal battle may also create uncertainty for investors.
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