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Union cabinet approves LTA for iron ore supply to Japan and South Korea through MMTC Ltd

Apr 25, 2018, at 08:53 pm

New Delhi, Apr 25 (IBNS): The Union Cabinet, chaired by Prime Minister Narendra Modi, 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. April 1, 2018 to March 31,2023) through MMTC Limited.