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MMTC to ink iron ore export deals with Japanese, Korean firms
With expectations and participation being very low, expect markets to stay range-bound with 5100/5130 being a strong support, says Bhasin.
29 Apr 2012, 11:35 AM IST 
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State-owned trading giant MMTC will next month sign iron ore supply contracts with Japanese and South Korean steel companies, including Posco, for a period of three years."An official delegation headed by MMTC chairman and managing director Vijaylaxmi Joshi will visit Tokyo and Seoul next month to sign contracts with five Japanese companies and one South Korean company," sources said.Last month, the Cabinet had approved the export of...
