Nippon Steel not to import from overseas mills in bid to save US Steel deal
Nippon is looking to close its $14.9 billion deal for US Steel by the end of the year.
NEW DELHI – An Indian court on Friday said Vedanta cannot reopen its South Indian copper smelter until its hears a case challenging an order by the country’s environment court which provided relief to the conglomerate, the petitioner in the case said.
The smelter was ordered shut permanently by the Tamil Nadu state government in May following violent protests against its operation, killing 13 and injuring several others.
The case was filed in the Madras high court by anti-Vedanta campaigner Fatima Babu, challenging a decision by the national green tribunal which set aside the state government’s order.
Vedanta did not immediately respond to requests seeking comment.
(By Sudarshan Varadhan; Editing by Keith Weir)
