India steel ministry proposes KIOCL, NMDC merger: Govt official

Indian steel ministry proposes merger of KIOCL and NMDC, with NMDC aiming to export iron ore pellets post-merger.

The Indian steel ministry is proposing a merger between state-run KIOCL and NMDC, a government official said on Monday.

Mining company NMDC aims to export iron ore pellets from KIOCL post the merger, the official told reporters but declined to be identified.
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Business News › Industry › Ind'l Goods/Svs › Steel › India steel ministry proposes KIOCL, NMDC merger: Govt official
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