India: NMDC plans to sell nearly 49% stake in Chhattisgarh steel plant

India: NMDC plans to sell nearly 49% stake in Chhattisgarh steel plant

Photo: Reuters

India’s top iron ore miner NMDC Ltd. is looking to sell a stake of at least 49% in its Chhattisgarh steel plant, as it prepares to begin production at the 3-million-ton facility in three to six months, according to a company official.

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