India steel ministry proposes KIOCL, NMDC merger, government official says

(Reuters) – The Indian steel ministry is proposing a merger between state-run KIOCL and NMDC, a government official said on Monday.

Mining company NMDC aims to export iron ore pellets from KIOCL post the merger, the official told reporters but declined to be identified.

(Reporting by Neha Arora in New Delhi and Manvi Pant in Bengaluru; Editing by Savio D’Souza)

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