Categories: Business National

SAIL-Arcelor Mittal JV to be formalised soon: Minister

Dharamshala, June 10 (IANS) Steel Minister Chaudhary Birender Singh on Saturday said that the joint venture (JV) between state-run SAIL and Arcelor Mittal will be formalised soon.

He was speaking at a press conference here after holding a Consultative Committee meeting on achievements of the Steel Ministry during the last three years of the NDA government.

SAIL and Arcelor Mittal had signed an MoU in May 2015 for setting up of a Rs 5,000 crore JV to produce automotive-grade steel.

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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.

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