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Tata Steel keen on joining hands with SAIL

18 May 2010 Evaluate
Tata Steel that is keen on forming a JV with Steel Authority of India (SAIL) to set up a steel plant. Tata Steel and Arcelor Mittal both have evinced an interest in joint ventures with SAIL. The two companies have had a few rounds of talks and are looking at a 2 million tonne (MT) steel making venture using Finex technology developed by Posco. crackcrack
Peers
Company Name CMP
JSW Steel 1345.20
Tata Steel 187.00
Steel Authority 176.40
Jindal Stainless 713.00
APL Apollo Tubes 2250.00
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