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Wednesday, May 19, 2010

Essar Steel eying Kandil Steel in Egypt - NDTV Report

NDTV reported that Essar Steel is eyeing is the Egyptian steel market through an acquisition bid on Kandil Steel.

NDTV learnt from company sources that Essar Steel sent initial feelers to Kandil Steel recently and will soon offer a formal proposal to Kandil Steel's management.

But in

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