Steel
ArcelorMittal raises bid for Essar Steel to Rs42,000 crore
11 Sep 2018
Essar Steel, with its 10 million tonne a year production capacity, had outstanding debt of Rs50,786 crore as of March 2018 and the Rs42,000 crore offer is almost 83 per cent of its outstanding debt
Tata Steel’s Q1 profit more than doubles to Rs1,934 crore
14 Aug 2018
Tata Steel’s revenues rose 13.8 per cent year-on-year to Rs16,405 crore while EBITDA for the quarter jumped 75.2 per cent to Rs5,118 crore on the back of rising demand for industrial steels
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