RINL to form JV with Saudi steelmaker

Jun 15, 2012 | 04:55 AM |

India’s government-owned Rashtriya Ispat Nigam Ltd (RINL) is in talks about forming a joint venture with Saudi Arabia’s Rajhi Steel, in a bid to tap the steel markets in the Middle East. The joint venture involves the setting up of a gas-based steel plant in Saudi Arabia. The 3 million tpy integrated plant, which will produce both long and flat products, will be set up with....

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