(THE NEWSMAN OF INDIA.COM)
Cabinet approves Long Term Agreements for supply of iron ore to Japan and South Korea through MMTC Limited
The Union Cabinet Chaired by Prime Minister Narendra Modi has approved the renewal of Long Term Agreements (LTAs) for supply of iron ore (lumps and fines) of grade +64% Fe content to Japanese Steel Mills (JSMs) and POSCO, South Korea for another five years (i.e. 1.4.2018 upto 31.3.2023) through MMTC Limited of which Ved Prakash is CMD.