Steel
SAIL, ArcelorMittal finalise terms of Rs5,000-cr joint venture: reports
01 Jun 2017
ArcelorMittal may follow up the joint venture with a ramp-up of its India presence through purchase of stake in three of SAIL's weak units, reports pointed out
Tata Steel plunges to Rs1,168-cr Q4 loss on UK pension deal
17 May 2017
Tata Steel’s losses come at a time when all other major steel makers in India have reported profits
Thyssenkrupp workers erupt in protest over Tata Steel merger
04 May 2017
Thousands of Thyssenkrupp steelworkers have protested against the German industrial group's plan to merge its European steel operations with those of Tata Steel
National steel policy aims at 300 million tonne capacity by 2030-31
04 May 2017
The new steel policy focuses on enhancing domestic consumption, quality steel production and making the sector globally competitive
Local sourcing norms to boost Indian steel industry
03 May 2017
The government is expected to come out with a new policy that makes local sourcing of steel mandatory for all state infrastructure projects
Tata Steel UK completes sale of Specialty Steels business to Liberty House
03 May 2017
The specialty steels division is one of the world's biggest suppliers to the aerospace industry, with customers that include Rolls-Royce, Boeing and Airbus, and the automotive and oil and gas industries
Creditors oust Usha Martin chairman to facilitate asset sale
26 Apr 2017
Selling a property worth Rs2,500 crore to recover Rs5,000 crore would amount to writing off Rs2,500 crore, a decision that ordinary people may not digest
Liberty House to bid for bankrupt Essar project in the US
26 Apr 2017
Essar had invested around $1.8 billion into the Nashwauk project over several years but walked away from it in late 2015 due to shortage of cash even after having taken over $1 billion in debt from a consortium of Indian banks to fund the project
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