13
Jul
06:13
'No proposal' to sell Southeast Asia units: Tata
India-headquartered Tata Steel has responded to reports it is seeking buyers for its NatSteel business in Singapore and Tata Steel Thailand by saying it has “…no firm proposal for consideration.”
According to Indian press reports, the steelmaker has mandated a Singapore-based banker to find buyers for its Southeast Asian units. The report in India’s Economic Times says Tata values the businesses at just $500 million.
Tata Steel tells …
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Anonymous
Very good overview of the weekly steel market.
Anonymous