Jindal Steel Said to End Afferro Takeover Talks

Jindal Steel Said to End Afferro Takeover Talks

Debasis Palit/The India Today Group/Getty Images

A view of Jindal Steel & Power Ltd. plant in Raigarh, Chhattisgarh, India. Jindal Steel was close to acquiring an iron ore mine with more than 1 billion tons of reserves in West Africa, executive director Manish Kharbanda said in an interview on Oct. 18.