MSP Steel & Power has acquired 63.69% stake in Prateek Mines & Minerals. Consequently, Prateek Mines & Minerals has become the subsidiary of the company with effect from November 18, 2019.
MSP Steel & Power is involved in the manufacturing of sponge iron and trading of steel products. The product range of the company includes construction bars, structural rolling mills, M.S Billet, power, pallet and sponge iron.