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Engineering | October 2013

Visa Steel joins race to buy Stemcors assets

Visa Steel has evinced interest to acquire assets of Stemcor in Odisha that includes an iron ore pellet plant and stakes in an iron ore and manganese mine. The race for the Stemcor asset is already crowded with Tata Steel, JSPL, Essar Steel and Mesco Steel announcing their intention to acquire the asset earlier.

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