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We are not going to be deterred by tactics of competitors: Aranha, Ogawa

ArcelorMittal's Brian Aranha and NipponSteel & Sumitomo Metal's Hideki Ogawa talk about why they will win Essar bid

Brian Aranha (left), executive vice-president of ArcelorMittal, and Hideki Ogawa, managing director of NipponSteel & Sumitomo Metal
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Brian Aranha (left), executive vice-president of ArcelorMittal, and Hideki Ogawa, managing director of NipponSteel & Sumitomo Metal

Aditi Divekar
With JSW Steel's tie-up with Numetal after the submission of  the resolution plan for Essar Steel, ArcelorMittal says Sajjan Jindal has joined only to keep the consortium out of the country. In an interview with Aditi Divekar, Brian Aranha, executive vice-president, ArcelorMittal, and Hideki Ogawa, managing director, NipponSteel & Sumitomo Metal, talk about why they will win the Essar bid. Edited excerpts:

ArcelorMittal has come out strongly against JSW Steel joining Numetal to bid for Essar Steel assets. It is an open competition. Why have you reacted so strongly?

Brian Aranha: We have no problem with competition. Once we are