Japan’s Sumitomo, Jindal Steel among 8 bidders for India rails tender – source

Japanese trader Sumitomo Corp and India’s Jindal Steel and Power are among eight bidders competing for Indian Railways’ first global tender to supply 487 000 t of rails, a government official told Reuters. The other bidders are East Metals, a unit of Russian steel and coal producer Evraz, Austrian company voestalpine Schienen, CRM Hong Kong Trading, New Delhi-based Atlantic Steels, French company British Steel France Rail and China-based Angang Group International, according to the official with direct knowledge of the matter.