29
Jan
08:52
Tata sets in motion Indian deep-draft port acquisition
India’s Tata Steel is taking steps to acquire and develop a deep-draft port facility in Odisha, Kallanish learns from a company statement.
Last week the steelmaker executed definitive agreements with Creative Port Development Private Limited (CPDPL) and their promoters for the proposed development of Subarnarekha Port in the Balasore district of Odisha.
As per the agreements, Tata will acquire majority equity stake in CPDPL, and the port development is …
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Anonymous
Very good overview of the weekly steel market.
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