India, Brazil ink steel raw materials MoU; Adani, NMDC, Vale plan iron ore SEZ

India and Brazil have signed a memorandum of understanding to strengthen cooperation in mining and minerals used in steelmaking, as Indian producers expand capacity and seek to secure longer-term access to key raw materials, according to a Feb. 21 joint statement. Brazil ranks among the world’s leading producers of iron ore and has reserves of minerals used in steelmaking, including manganese,India and Brazil have signed a memorandum of understanding to strengthen cooperation in mining and minerals used in steelmaking, as Indian producers expand capacity and seek to secure longer-term access to key raw materials, according to a Feb. 21 joint statement. Brazil ranks among the world’s leading producers of iron ore and has reserves of minerals used in steelmaking, including manganese,Read More