07
Jan
12:15
KIOCL announces new pellet plant, solar power investments
Indian state-owned iron ore producer KIOCL has announced two investment initiatives in a posting to the country’s stock exchanges, Kallanish notes.
The company has signed a memorandum of understanding (MOU) with fellow government-owned steelmaker RINL for a greenfield project for setting up an iron ore pellet plant at Vizag. The MOU was signed by Shri Subba Rao, KIOCL interim chairman-cum-managing director (CMD), and Shri P Madhusudan, CMD, RINL on 6 …
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Very good overview of the weekly steel market.
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