Japan's Sumitomo, Jindal Steel among 8 bidders for India rails tender – source

Japan's Sumitomo, Jindal Steel among 8 bidders for India rails tender – source
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Japanese trader Sumitomo Corp and India’s Jindal Steel and Power are among eight bidders competing for Indian Railways’ first global tender to supply 487 000 t of rails, a government official told Reuters.

The other bidders are East Metals, a unit of Russian steel and coal producer Evraz, Austrian company voestalpine Schienen, CRM Hong Kong Trading, 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.



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