AMittal'surprised' at special admin decision for former Ilva. Franco-Indian steel giant accuses state investment agency of failing to "share this intention at the AdI Holdingboard meeting that took place today" ArcelorMittal refused to put up more money to guarantee continuity at the plant or dissolve the joint venture.
AdI subsequently announced that it had filed for so-called'conditional composition' (agreed with reservations) and asked for"protective measures" pending submission of a request for'composition with creditors'