Paradip - ArcelorMittal Nippon Steel India Ltd (AM/NS India) has won the rights to mechanise and run the CQ-III berth at state-owned Paradip Port for handling 10 million tonnes (mt) of dry bulk cargo on captive basis for 30 years, entailing an investment of ₹451 crore, multiple sources said.
ArcelorMittal Nippon Steel India Ltd, a joint venture between ArcelorMittal and Nippon Steel, two of the world’s top steelmakers, agreed to share ₹62.20 per metric tonne of cargo handled at the berth to win the deal, which is key to shipping cargo into and . . .
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