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Jindal Steel in bid to buy Zimbabwe firm

Jindal Steel in bid to buy Zimbabwe firm
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First Published: Fri, Dec 11 2009. 10 55 PM IST
Updated: Fri, Dec 11 2009. 10 55 PM IST
New Delhi:Jindal Steel and Power Ltd has bid to acquire a majority stake in Zimbabwe Iron and Steel Co., Jindal Steel director Sushil Maroo said on Friday in an interview in New Delhi.
Jindal Steel is also looking for coal mines in Zimbabwe and aims to tap steel demand in the region.
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First Published: Fri, Dec 11 2009. 10 55 PM IST