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Home › Posco faces another setback in India

 

Posco faces another setback in India

2015-02-05 21:26:21| Steel - Topix.net

The project to be set up by the world's sixth-largest steelmaker has been caught up in a regulatory maze for the past decade, but the company had waited in the hope of getting preferential access to iron ore in Odisha. But steel and mines minister Narendra Singh Tomar on Thursday ruled out an exception to an executive order mandating auctions for all new mines.

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