Severfield's India partner mulls bid for bits of British Steel

By Dave Rogers2019-06-10T05:00:00

Source: Shutterstock

JSW Steel understood to be looking at stricken business

The Indian firm with which steelwork contractor Severfield has a joint venture to carry out work in the country is believed to be weighing up a bid for part of collapsed British Steel.

Severfield has been working in a 50:50 partnership with JSW Steel since 2008 and in its last update to the market ahead its full year results announcement next Wednesday said workloads at its India business stood at £149m on 1 April.

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