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JSW Steel to pick up 20%-40% stake in Teck's coal unit: Report

JSW Steel to pick up 20%-40% stake in Teck's coal unit: Report https://ift.tt/tsQbMHO biggest steel producer intends to bid for 20% to 40% of Elk Valley Resources Ltd., a unit of the Canadian company, Jindal said. JSW, along with some Japanese and South Korean mills, is planning to buy a stake in the asset and a combined offer could value the unit at $8 billion, he said
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