Steel
ArcelorMittal to sell entire 29% stake in Uttam Galva at Re1 a share
06 Feb 2018
ArcelorMittal, which is planning to make a strong pitch for distressed assets, has to get rid of the tag of the promoter of a stressed asset in order to become an eligible bidder for stressed assets on the block
Tata Steel raising $2.15 bn to refinance existing debt
28 Dec 2017
Tata Steel Ltd has initiated the process of raising $2.15 billion in six-year syndicated loans as part of its $5.1 billion loan programme to refinance its existing debt
Thyssenkrupp to cement Tata Steel deal with offer to workers
11 Dec 2017
Thyssenkrupp and Tata Steel had in September agreed to merge their European steel operations, creating Europe’s second largest steelmaker
SAIL-ArcelorMittal automotive steel tie-up soon, AP likely locale: minister
09 Dec 2017
According to union steel minister Chaudhary Birender Singh a joint venture between state-owned SAIL and LN Mittal's ArcelorMittal to produce high-end automotive steel will be signed soon