Tag: Stemcor
-
India: Steel Players Lack buying Interest in Stemcor Assets
Stemcor, the world’s largest steel trader had offered its Indian assets on sale which includes an Iron ore mine, a 4 MnT Iron Pellet plant, beneficiation plant and a surry pipeline, because of poor financial health. After submission of financial bids this week, sources say it might so happen that the assets will not be…