14
Feb
07:13
MSTC invests in joint venture, eyes recycling expansion
Indian state-run MSTC says it is investing INR 1.40 crores ($169,309) in its 50:50 joint venture company “Mahindra MSTC Private (MMRPL)” for the expansion of the recycling and vehicle scrapping business, Kallanish notes.
“The equity shares of the Joint Venture Company would tentatively be subscribed within 31 March 23, 2023,” MSTC informs. “The percentage of shareholding/control in MMRPL after the acquisition of such equity shares wil…
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Very good overview of the weekly steel market.
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