'Vedanta open to selling steel unit at the right price': Anil Agarwal

"If we get the right price, we might sell the steel business at this point in time," Agarwal said. "Steel was never our core business. We are producing 1.01 million tonnes and have ESL, which is in one of the best locations and is a strong company. It has the potential to comfortably produce 15 million tonnes of steel, including electrical and special steel. The company is performing extremely well and generating cash profits, so we are comfortable. However, I would prefer to focus my efforts on other businesses.""If we get the right price, we might sell the steel business at this point in time," Agarwal said. "Steel was never our core business. We are producing 1.01 million tonnes and have ESL, which is in one of the best locations and is a strong company. It has the potential to comfortably produce 15 million tonnes of steel, including electrical and special steel. The company is performing extremely well and generating cash profits, so we are comfortable. However, I would prefer to focus my efforts on other businesses."

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