JSW, JSPL, Birla seen considering joint bid for Stemcor's India assets.

JSW Steel Ltd. (JSW), Jindal Steel and Power Ltd. (JSPL) and Aditya Birla Group unit Essel Mining and Industries Ltd. are considering the possibility of jointly bidding for the Indian assets of debt-laden UK steel trader Stemcor Holdings Ltd., two people familiar with the development said.

'Everybody is talking to everybody..there is a possibility the interested bidders for Stemcor may get together and bid,' said one of the two people. The person, from one of the companies interested in bidding, didn't want to be named.

LIVEMINT