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STEMCOR INDIA
JSPL leads race to buy Stemcor India business for over $1 billionSources with direct knowledge suggest that JSPL is leading the race to buy Stemcor's India business for a little over $1 billion.- Going head-to-head for first time, JSW Steel and JSPL may bid for Stemcor's India assetsJSW Steel and Jindal Steel & Power Limited are expected to submit final offers on January 20, the last date for accepting bids.
- Stemcor extends time for Indian assets sale by about a monthStemcor Holdings has extended the deadline for selling its Indian assets by about a month as it has secured time till February-end from its...
- Tata, Essar, JSW Steel shortlisted to bid for Stemcor's India assetsEssel Mining and Bhushan Steel, which are also in the fray, will have to submit their final and "binding" bids by the third week of Novembe...
- JSW Steel may team-up with Noble Group for Stemcor dealSources with direct knowledge suggest that Sajjan Jindal’s JSW Steel may form an alliance with Hong Kong-based trading giant Noble Group to...
- Calcutta HC restrains Stemcor from selling India assetsStemcor was in the process of selling an iron ore mine and a pellet plant in Odisha as part of a bid to pare debt of $1.2 billion.
- JSW Steel, JSPL to bid for Stemcor's Indian assetsThe two firms promoted by Sajjan (JSW) and Naveen (JSPL) will be the among the 9-10 parties interested in Stemcor's assets, estimated at US...
- Stemcor sets September 10 as deadline to put bids for Indian assetsProspective suitors, including the likes of Tata Steel and JSW Steel, eyeing UK-based Stemcor Holdings' Indian assets worth $ 800 million.
- Stemcor Holdings up for sale, Indian firms like Tata Steel, Jindal Group top contendersStemcor Holdings has a deadline of early December this year to conclude the deal process and pay back the debt of $900 mn to it’s lenders.
- Yet to hear from Stemcor on our EoI: Tata SteelTata Steel is yet to receive any communication from the British parent of the iron ore producer and pellet maker.
- Mines minister says Stemcor violated rules to buy mining rights; co rubbishes chargeState govt of Odisha has raised the red flag over the proposed sale of the Indian mining and steel-manufacturing operations of Stemcor Hold...
- Adani Group in race to buy Stemcor India assetsAdani Group is understood to have firmed up plans to take part in the auction of USD 800 million assets of Stemcor India.
- Essar Steel front-runner in race for Stemcor India's assetsRuais-promoted Essar Steel is the front-runner to clinch Stemcor India's assets for which at least a dozen domestic and overseas firms, inc...
- JSPL leads race to acquire Indian assets of StemcorThe two have also entered into an “exclusivity” arrangement recently for bilateral negotiations that will allow JSPL to conduct a detailed ...
- Stemcor may auction its Indian assets: ReportWith race for buying Stemcor's $ 800-million Indian assets hotting up, the British steel company may go the auction way to choose a buyer f...
- JSPL in talks to buy Stemcor’s pellet unit in OdishaNaveen Jindal’s JSPL is in talks with global steel trader Stemcor for buying their pellet unit in Odisha, sources with direct knowledge sug...
- Stemcor's iron ore project in Odisha gets Rs 900 crore fundingA consortium of lenders led by IL&FS have agreed to provide funding to Stemcor, sparking hopes of a revival in lending to large mining proj...
- Stemcor to up stake in SathavahanaThe UK-based steel trading major Stemcor, which owns minority stakes in various Indian steel companies, is planning to increase its stake i...
- Stemcor closes finance for Indian iron ore pellet projectStemcor India, a subsidiary of the London-based steel trader, has completed the financial arrangements for its new 330-million dollars iron...
- Stemcor looks to ramp up presence in IndiaStemcor, the world’s leading metals trading group, is in talks to double its stake in Delhi-based Mesco Steel from the current 10%.
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