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India

JFE Holdings Inc (5411.T)

5411.T on Tokyo Stock Exchange

2,700JPY
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¥42 (+1.56%)
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Wed, Nov 22 2017

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Japan's JFE to bid for Bhushan Steel with India's JSW as partner - sources

MUMBAI/TOKYO Japan's JFE Holdings Inc and India's JSW Steel Ltd are lining up a joint bid with a private equity firm for the assets of India's insolvent Bhushan Steel Ltd, two industry sources familiar with the matter said.

Japan's JFE to bid for Bhushan Steel with India's JSW as partner -sources

MUMBAI/TOKYO, Nov 22 Japan's JFE Holdings Inc and India's JSW Steel Ltd are lining up a joint bid with a private equity firm for the assets of India's insolvent Bhushan Steel Ltd, two industry sources familiar with the matter said.

Japan steelmakers see solid profit growth on product price hike

* Nippon Steel forecasts 72 pct jump in annual profit, JFE 136 pct

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