Brazil’s Gerdau buys out Sumitomo Corp and JSW in Gerdau Summit
The transaction is expected to close in early 2025.
Bangalore Mirror reported that the details in the Central Empowered Committee’s report on illegal mining could well be just a little ripple on the surface. Going by the findings of a CID probe, which is still in progress, it wasn’t just 3.5 million tonnes of illegal iron ore that was exported from Belekeri, but way over that figure.