Industrial Info Resources claimed that the company had recently withdrawn a proposed investment plan of USD3bn in Bangladeshbecause of the country's prevalent political instability.
Essar Steel (Mumbai), POSCO (Pohang, South Korea) and Baosteel (Shanghai, China) were also reported to be in the race with Tata Steel for the project, according to Industrial Info Resources.
Comments on this story may be sent to admin@m2.com

More News:
Market Updates |
Stock Alerts |
All Trading News |
Stock Index