Tag: Hyundai
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South Korean Steel Majors Inspect RINL’s Vizag Unit taking a Step Ahead in Setting up Steel Plant in India
In September last month, the Indian steel ministry had initiated talks with Japanese and Korean steel companies for setting up a 5-mtpa steel plant through a joint venture with state-run Rashtriya Ispat Nigam (RINL) in Vizag (Visakhapatnam). The companies involved in the discussion are POSCO and Hyundai Steel and the proposed venture is entailed to…