INDIAN SPECIALISTS AND STEEL INDUSTRY
Ulaanbaatar, Mongolia /MONTSAME/ Indian specialists will arrive in June to launch a consrtruction of the steel industry.
A memorandum on this work has been signed between Mongolia's Ministry of Mineral resources and energy and the Steel Authority of India Limited (SAIL).
India will establish here a steel industry and, in return, will possess a coking coal deposit and export it. As economists say, this will be beneficial to both sides.
The above Ministry says that Mongolia needs one million tons capacity industry for domestic use.
A first step of the Indian side will be conductuing a research into economics and technology matters.
B.Oyundelger
A memorandum on this work has been signed between Mongolia's Ministry of Mineral resources and energy and the Steel Authority of India Limited (SAIL).
India will establish here a steel industry and, in return, will possess a coking coal deposit and export it. As economists say, this will be beneficial to both sides.
The above Ministry says that Mongolia needs one million tons capacity industry for domestic use.
A first step of the Indian side will be conductuing a research into economics and technology matters.
B.Oyundelger
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