Nov 14, 2011

NMDC, Russia's Severstal sign execution protocol for Karnataka JV

NMDC, Russia's Severstal sign execution protocol for Karnataka JV
State-owned miner NMDC Limited and Russian steel and mining giant OAO Severstal have signed the implementation protocol in Moscow, a step further on the memorandum of understanding (MoU) they had signed in December 2010 for establishment of a steel plant with an initial capacity of 3 million tonnes in Karnataka.
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