India steel ministry proposes KIOCL, NMDC merger, government official says
06/01/2025 12:20
Jan 6 (Reuters) - The Indian steel ministry is proposing
a merger between state-run KIOCL KIOC.NS and NMDC NMDC.NS , a
government official said on Monday.
Mining company NMDC aims to export iron ore pellets from
KIOCL post the merger, the official told reporters but declined
to be identified.
(Reporting by Neha Arora in New Delhi and Manvi Pant in
Bengaluru; Editing by Savio D'Souza)
((Manvi.Pant@thomsonreuters.com; +918447554364;))