visakhapatnam

Visakhapatnam (Andhra Pradesh) [India], September 9: Steel Exchange India Limited (NSE: STEELXIND | BSE: 534748) one of Eastern India’s leading integrated steel manufacturers, has entered into a strategic Memorandum of Understanding (MoU) with NMDC Limited, India’s premier government-owned iron ore producer. The MoU establishes a commercial and operational framework for the supply and procurement of consistent-grade Iron Ore Fines (Fe 61–63% and above) sourced from NMDC’s upcoming Buffer Stockpile & Blending Yard at Visakhapatnam, Andhra Pradesh. This agreement significantly enhances SEIL’s raw material security, providing direct conveyor, FOB, FOR, FOT, or Ex-Stockpile supply access to consistent-grade iron ore right in its…