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Japan's Sumitomo, Jindal Steel among 8 bidders for Railways' global tender

The tender will end the monopoly of state-owned Steel Authority of India in supplying rails

Reuters  |  New Delhi 

Japanese trader Sumitomo Corp and India's Jindal Steel and Power Ltd are among eight bidders competing for Indian Railways' first global tender to supply 487,000 tonnes of rails, a government official told Reuters. The other bidders are East Metals AG, a unit of Russian steel and coal producer Evraz, Austrian company voestalpine Schienen, CRM Hong Kong Trading Ltd, New Delhi-based Atlantic Steels, French company British Steel France Rail and China-based Angang Group International, according to the official with direct knowledge of the matter. The official declined to be ...

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First Published: Fri, December 22 2017. 21:53 IST
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