Amid sharp decline in steel demand due to global economic slowdown, steel giant ArcelorMittal may half the size and slash its investment for the first phase of its INR 1,00,000 crore projects in India.
The world's largest steel maker also sees a delay of at least two years in commencing
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Thursday, April 16, 2009
CAPEX cuts - ArcelorMittal to delay Indian projects by 2 year
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