Reuters reveals India’s JSW Steel examining bid for Gupta’s British business; market reacts
Shares of India’s largest steel producer, JSW Steel, fell nearly 4% in early trading after Reuters revealed that it was […] The post Reuters reveals India’s JSW Steel examining bid for Gupta’s British business; market reacts appeared first on Reuters News Agency.
admin
0
59
Shares of India’s largest steel producer, JSW Steel, fell nearly 4% in early trading after Reuters revealed that it was considering a bid to buy Liberty Steel in Britain, part of commodities tycoon Sanjeev Gupta’s sprawling global empire. JSW’s interest, which extends to plants including Gupta’s Adhunik steel mill in eastern India, could mark yet another chapter for Britain’s steel industry, which has been privatized and sold to overseas buyers as its pre-eminence slid in lock-step with the country’s manufacturing might.
The post Reuters reveals India’s JSW Steel examining bid for Gupta’s British business; market reacts appeared first on Reuters News Agency.
