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27 Jul
01:00

Posco may move Finex to India by October

India’s Mesco says it expects to sign a final deal with South Korea’s Posco for their Finex joint venture, and the plant could arrive on site within three months of signing. The project comes after Posco admitted its 12 million tonne/year greenfield steelworks project in India has stalled and it has struggled to sell its proprietary Finex technology, Kallanish notes. An initial agreement between the two companies was signed earlier this…
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