01
Apr
15:18
India eyes strategic sale of Ferro Scrap Nigam
India’s Department of Investment and Public Asset Management (DIPAM) has invited expression of interest (EOI) on 31 March for the privatisation of state-run Ferro Scrap Nigam (FSNL). FSNL is 100% subsidiary of MSTC, Kallanish notes.
The Cabinet Committee on Economic Affairs (CCEA) and the Indian government have accorded their in-principle approval to disinvest the entire stake held through MSTC in FSNL. DIPAM will oversee the strategic disinvestment on behal…
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Very good overview of the weekly steel market.
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