05
Sep
09:20
India to invite bids for NMDC-NSP by March
The Indian government is expected to invite bids for the strategic sale of Chhattisgarh-based NMDC’s Nagarnar Steel Plant (NSP) by end-March 2023, an NMDC official informed the Press Trust of India.
NSP is under construction now and is likely to begin operations in September, Kallanish notes. According to the official, once the demerger process is completed, NSP’s privatisation process will be undertaken by the Department of Investment and Public Asset…
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Very good overview of the weekly steel market.
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