CutTheClutter: Debt to an $18 billion bet: Ruias' journey as Trump ropes in Essar to build US' largest steel plant
US President Donald Trump announced $18-billion investment by Essar-backed Mesabi Metallics. The investment is to build the largest ever US steel plant. #CutTheClutter Episode 1909 traces the journey of the Ruias and Essar— from debt, to $25 billion repayment & and now an $18 billion bet in America. ThePrint Editor-In-Chief Shekhar Gupta also explains why Trump’s celebrating this step, and how his thinking on rejuvenating basic manufacturing in US has remained linear.----more----Read the Reuters report from November 2022 here: India's Essar Group is debt-free after repaying $25 bln |…
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