.gif?width=220&height=200&mediaprotectionhash=b13da841472e6e7ed500ee35df2a350aaf53d75246118b33ea2095cc7e9a3fc4&ext=.gif)
20% of India's Steel Capacity Is Up for Grabs
05/17/2018 - Acquisitive steelmakers are offering to pay the equivalent of US$14 billion for one-fifth of India’s steelmaking capacity, reports the online publication Quartz.
Quartz compiled the figure as part of a look at the ongoing bidding for the five steelmakers, which are among the 12 debt-laden companies forced into insolvency proceedings last year by India’s central bank.
You can read more about the bidding here.
_1.jpg?width=100&height=200&mediaprotectionhash=e817ea75e8c413fd6ce48f3d3af9bfea72af81b1ec90ee33ad39b089fd969104&ext=.jpg)
