Brazil’s Gerdau buys out Sumitomo Corp and JSW in Gerdau Summit
The transaction is expected to close in early 2025.
Tata Steel and SAIL’s equal joint venture, S&T Mining Company, will set up a 1.8 million tonnes per annum (mtpa) coal washery at Bhelatand, in Jharkhand, through an investment of Rs 200 crore.