06
Jun
14:47
India eyes demerging NMDC-NSP within 5 months
The Indian steel ministry aims to demerge NMDC and under construction Nagarnar Steel Plant (NSP) in the next 4-5 months, Kallanish notes.
According to sources, the steel ministry will arrange a meeting of shareholders and creditors of NMDC on Tuesday, to speed up the process of NMDC-NSP demerger.
"The next big event in the demerger calendar is on 7 June, when there is a meeting of creditors and meeting of shareholders,” says the ministry of steel. &ldq…
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