Steel
ArcelorMittal forms JV with Nippon Steel to run Essar Steel
18 Dec 2019
With an annualised crude steel production capacity of 7.5 million tonnes and iron ore pellet facilities with current annual capacity of 14 million tonnes, the new joint venture company AM/NS India plans to increase finished steel shipments to 8.5 million tonnes over the medium-term
Tata Steel Q1 net profit plummets 63% as demand, prices fall
08 Aug 2019
Besides falling steel prices due to subdued economic activity in the domestic economy, Tata Steel said its failure to sell its European assets weighed on its finances