Stemcor's India Assets Sale On Hold
  • Prabha Hedge
  • Mar 10 2014

MMarch 10: Stemcor's India assets sale has been put on hold, the move comes despite Indian steel companies like JSW steel, JSPL and Essel Mining having put in final bids in January 2014. Bloomberg TV India has learnt that U.K.'s largest steel trader has decided to wait for better valuations and improved sentiment for sale of its India assets. Swati Khandelwal Jain shares a detailed report on the same.