Steel

ArcelorMittal to sell $1.1 bn stake in Canadian iron ore mine to Posco, China Steel

02 Jan 2013

ArcelorMittal, battling sluggish steel demand, is looking to offload a 15 per cent stake in Canada's Labrador Trough iron ore mining and infrastructure as part of a process to cut debt

RINL, MOIL eye JV with NMDC for iron ore assets in Brazil

26 Dec 2012

ArcelorMittal takes $4.3-bn writedown on European business

22 Dec 2012

ArcelorMittal, the world’s largest steelmaker, says demand had fallen by about 29 per cent since 2007 and there was no sign of a quick recovery

Non-revision of iron ore prices cost NMDC Rs746-cr during 2007-10: CAG

20 Dec 2012

ArcelorMittal sells 20 % stake in Canada’s Baffinland Iron Ore Mines to partner Nunavut

14 Dec 2012

With debts of around $23 billion, ArcelorMittal has sold a 20-per cent stake in Canada's Baffinland Iron Ore Mines to Nunavut

Fortescue Metals to sell 25 % stake in Nullagine iron-ore mine to BC Iron for $199 mn

10 Dec 2012

SC administers Karnataka pill to Goa mining industry

08 Dec 2012

Mittal can’t be trusted, says French minister

03 Dec 2012

France strikes deal with Mittal to save Florange operations

01 Dec 2012

Under the deal, ArcelorMittal would invest 180 million euros ($234 million) in its Florange steelworks in Lorraine, saving around 600 jobs at the two shuttered blast furnaces

French employers’ group slams government plan to take over ArcelorMittal plant

29 Nov 2012

Tata Steel to eliminate 900 jobs across Britain

24 Nov 2012

SunCoke Energy to invest Rs368 crore in cokemaking JV with Visa Steel

21 Nov 2012

ArcelorMittal to sell stake in South African miner Kalagadi Manganese for $438 mn

16 Nov 2012

Posco consortium to buy $1-bn stake in ArcelorMittal Mines Canada

14 Nov 2012

ArcelorMittal Mines Canada is one of the leading suppliers of iron ore to steel markets around the world, generating some 40 per cent of Canada’s total ore production

Aditya Birla Group, Prominvest drop plans to acquire Australia’s Northern Iron

12 Nov 2012

Tata Steel registers Rs364-cr loss as demand slumps

10 Nov 2012

ArcelorMittal acquires land for steel plant in Karnataka

07 Nov 2012

Tata Steel, others fined for ‘illegal mining’ in Odisha

06 Nov 2012

Noble, Posco drop $1.24 billion bid for Australia’s Arrium

31 Oct 2012

Arrium had, on 1 October, rejected the consortium's offer of A$75 cents a share that valued the Sydney-based company at $1-billion

Russia's Severstal in talks to buy ArcelorMittlal's assets in France

30 Oct 2012

JSPL close to acquiring West African iron ore mine for around $2 bn

22 Oct 2012

After terminating a $2.1-billion iron ore development deal in Bolivia this year, Jindal Steel & Power Ltd (JSPL), controlled by billionaire politician Naveen Jindal, is close to acquiring an iron ore mine in West Africa for $2 billion.

ArcelorMittal bids for ThyssenKrupp’s Americas steel business

22 Oct 2012

ArcelorMittal, the world’s largest steelmaker, is among eight bidders in the race for ThyssenKrupp’s unprofitable US and Brazilian plants

Global demand for steel to rise 3.2 per cent

12 Oct 2012

RINL divestment deferred indefinitely

09 Oct 2012

ArcelorMittal to close 2 French blast furnaces

01 Oct 2012