Tag: Stemcor Asset Sale
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JSW Steel on Verge of Acquiring Stemcor’s India Assets
Sajjan Jindal led JSW Steel is understood to be in the final lap of negotiations to buy out London-based Steel Marketing Corporation’s (Stemcor) India assets. If the deal fructifies, it would mean the culmination of efforts by the British steel trading company to sell off its assets in India after years of failed attempts. The…