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English news

24-Aug-2016

Indian firm wins USD230m contract for steel mill

Shriram EPC FZE, the Sharjah-based subsidiary of India’s Shriram EPC, has bagged a USD230mn contract to build a 1.2mn tonnes per annum mini steel mill project in Sohar. The steel mill is being developed by Moon Iron and Steel (MISCO), which is promoted by Gulf Investment Corporation, Oman Development Fund and Sultan’s Special Forces Pension Fund. (Times of Oman)

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