TOKYO JFE Holdings Inc, parent of Japan's second-biggest steelmaker, plans to spend more than 650 billion yen (£4.3 billion) over the next three years upgrading domestic production facilities in a bid to raise productivity and competitiveness.
MUMBAI/TOKYO, Nov 22 Japan's JFE Holdings Inc
and India's JSW Steel Ltd are lining up a
joint bid with a private equity firm for the assets of India's
insolvent Bhushan Steel Ltd, two industry sources
familiar with the matter said.