Construction Industry News
The mineral-rich states in the country will not be doing any service either to themselves or to the industry by making allocations of iron ore and coal deposits in small parcels to modest capacity steel mills by Monday’s global benchmark. Mining to be cost-effective and environment friendly is ideally done on some scale.
Though this is globally proven, records in recent years show the states here have allowed modest scale mining and deposit allocation for attracting investment in steel. This, however, is going against the grain of modern day mining and steel making. Chinese reforms in the recent times are a vindication of virtues of big scale mines and steel mills.
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