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Tata, NMDC steel plant hits a dead end
Tata Steel and NMDC, in 2010, signed a memorandum of understanding (MoU) to examine setting up of joint alliances in mines and steel plants. However, two years later, and after several round of talks to set up a steel plant, the two have decided otherwise. Koushik Chatterjee, chief financial officer, Tata Steel, confirmed to Business Standard, the two companies would not be building a steel plant together
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