Steel
JSPL close to acquiring West African iron ore mine for around $2 bn
22 Oct 2012
After terminating a $2.1-billion iron ore development deal in Bolivia this year, Jindal Steel & Power Ltd (JSPL), controlled by billionaire politician Naveen Jindal, is close to acquiring an iron ore mine in West Africa for $2 billion.
ArcelorMittal bids for ThyssenKrupp’s Americas steel business
22 Oct 2012
ArcelorMittal, the world’s largest steelmaker, is among eight bidders in the race for ThyssenKrupp’s unprofitable US and Brazilian plants