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04 May
11:56

Narendran steps down as Indian Steel Association president

TV Narendran has stepped down as president of the Indian Steel Association (ISA), the body confirms to Kallanish. According to Indian press reports, Tata Steel chief executive Narendran vacated the position due to the dispute over mineral resources between long-established players such as Tata Steel and new entrants. The former have always had captive iron ore leases, but during recent iron ore mine auctions newer entrants, such as JSW Steel, have offered huge pre…
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