ArcelorMittal Is Said to Boost Essar Steel Bid

The video discusses the bidding process for Essar Steel, focusing on Arcelor Mittal's bid, which is the highest among three competitors. The lenders are undecided due to ongoing legal challenges, including a Supreme Court case questioning New Metal's eligibility. The outcome of these proceedings will significantly impact the future of the bids.

What challenges does Arcelor Mittal face in the bidding process?

What impact does the Supreme Court's decision have on the bidding process?