The Arcelor-Mittal Nippon Steel India (AM/NS India) signed a Memorandum of Understanding (MoU) with POSCO Maharashtra Steel to supply Hot Rolled Coils (HRC).
Sixth such agreement between the two companies since 2015, the MoU is valued at about?5000 crore.
As part of the agreement signed on January 27 in Mumbai, AM/NS India and POSCO Maharashtra Steel will also jointly work to enhance the quality of current grades and develop new value-added grades to provide the best quality and state-of-the-art steel products and solutions to consumers.
