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India and Canada agreed to cooperate in Iron and Steel Sector
Jan 14, 2014

The Ministry of Steel has signed a Letter of Intent with Canada, to foster cooperation in mining and steel sector. The (LoI) will further supplement the dialogue of co-operation in the iron and steel sector.

Through the LoI, both countries plan to develop and expand mutual co-operation, inter-alia, through information exchanges in areas of mutual interest including iron-ore, coking coal and other steel making raw materials and encourage bilateral investment opportunities in iron and steel related business. Efforts made by the two countries would ensure raw material security and forge alliances with global entities for tapping new market.

During the meet both the nations exchanged their views on prospects and growth of the iron and steel industry, as well as investment opportunities in raw materials, including pelletization plants and other associated industries in both the countries.





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