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Bloomberg, citing people with knowledge of the matter, reported that ArcelorMittal and Russia’s state-controlled VTB Group have hit a fresh snag in their pursuit of Essar Steel India Ltd. The report quoted a source

Posted By : Ratan Singh 12 hours 28 minutes ago
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Mr Sushim Banerjee DG of Institute of Steel Growth and Development in his personal capacity wrote for Financial Express that a look at the major performance indicators of global steel industry in 2017 signals

Posted By : Ratan Singh 12 hours 31 minutes ago
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New Europe reported that the EU is bracing for a reaction to threats of a 24% US tariffs on steel and 7,7% on aluminum. The European Commission is preparing for countermeasures in kind

Posted By : Ratan Singh 12 hours 33 minutes ago
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Mint, citing two people aware of the matter, reported that UK-based Liberty House has become a last minute entrant in the race to acquire Bhushan Power and Steel Ltd and that the firm submitted

Posted By : Ratan Singh 12 hours 35 minutes ago
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Hurriyet Daily News reported that proposed US steel imports tax could affect Turkey. One of those alternatives proposes a tariff of 53 percent on steel imports from 12 countries, including Turkey

Posted By : Ratan Singh 12 hours 37 minutes ago
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Reuters reported that Mr Bimlendra Jha chief executive of Tata Steel UK, while speaking at a conference in London organised by EEF, Britain’s largest manufacturing industry representative said that UK’s steel...

Posted By : Ratan Singh 12 hours 39 minutes ago
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Reuters reported that policies aimed at boosting demand for cars and homes in emerging markets helped Japanese mills increase crude steel output by more than a third in January from a year ago

Posted By : Ratan Singh 12 hours 41 minutes ago
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Economic Times, citing two people familiar with the matter, reported that Tata Steel plans to raise up to USD 800-900 million through overseas borrowings to replace expensive debt

Posted By : Ratan Singh 12 hours 43 minutes ago
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The News reported that Amreli Steels Limited, country’s leading steelmaker, on Tuesday announced its board had approved the second phase of expansion to increase its annual production capacity

Posted By : Ratan Singh 12 hours 45 minutes ago
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Topy Industries has chosen Danieli K-Spool technology to produce hot-rolled, high-quality compact coils to serve a demanding downstream market. This new installation will make Topy Industries the first Japanese...

Posted By : Ratan Singh 12 hours 47 minutes ago
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