21
Jun
14:06
India’s Ferro Scrap Nigam divestment receives interest
The strategic divestment of Ferro Scrap Nigam (FSNL) has received multiple expressions of interest (EOIs) from prospective buyers, Department of Investment and Public Asset Management (DIPAM) secretary Tuhin Kanta Pandey informed on Monday. The firm is a wholly-owned subsidiary of MSTC.
DIPAM invited EOIs on 31 March for the privatisation of state-run FSNL (see Kallanish passim).
FSNL is a Mini-Ratna II, IMS certified company specialised steel mill service provid…
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Very good overview of the weekly steel market.
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