24
May
13:00
India government to divest from NSL post elections
The Indian government will speed up its NMDC Steel (NSL) divestment plans after the general elections conclude, Kallanish notes. NSL is the steelmaking arm of state-owned iron ore mining company National Mineral Development Corporation (NMDC).
The general elections are set to conclude on 1 June. The push to sell off its NSL stake comes amid the government’s expectations of increased investor interest after the elections. The Ministry of Steel holds a 60.79% …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous