Bhubaneswar: Steel and mines minister Raghunath Mohanty on Monday said that South Korean steel major Posco will not insist on inclusion of swapping of iron ore clause in the fresh MoU to be signed soon.

Briefing newsmen here, the minister said that since the MoU signed on June 22, 2005 for a period of five years had already expired, the state government was in the process of preparing a fresh M