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SAIL, ArcelorMittal ink pact for plant in India

Industry Metallurgical industries

Steel Authority of India Ltd has signed MoU with ArcelorMittal to set up an automotive steel manufacturing facility through a joint venture in India. The proposed joint venture will construct a cold rolling mill and other downstream finishing facilities in India that will offer technologically advanced steel products to the automotive sector.

Extracted from HBL, May 22,’15

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