01
May
12:34
India to set up first auto shredder
Steel service centre Mahindra Intertrade and state-owned scrap processor MSTC Limited have signed a memorandum of understanding to set up India’s first automobile shredder plant, Kallanish learns from India’s steel ministry.
The joint venture will support the environment by utilising waste and will also reduce imports of scrap into India, resulting in foreign exchange savings. Such initiatives are “…the need of the hour for a stronger an…
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Anonymous
Very good overview of the weekly steel market.
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