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Essar Steel

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Essar's US unit files for bankruptcy

In 2007, Essar had said it would set up a $1.8-bn unit in Minnesota, but scaled down from a full-scale taconite steel mill project to pellet plant after the 2008 financial crisis In a setback, the......

Ruias to sell Essar Steel stake to strategic partners

Following intense pressure from banks to repay loans, the Ruia-owned Essar Steel has appointed ICICI Securities and SBI Capital Markets as advisers to help it identify and induct strategic or......

1839 hectares of forest land in Odisha given to 15 industries

Posco, Essar Steel, JSPL are among the major beneficiaries.Forest land measuring 1838.79 hectares (ha) has been diverted for 15 industrial projects in Odisha between 2004 and 2013. A written reply......

Naxal activities dent businesses of India's steel companies

Essar’s business of transporting iron ore from Chhattisgarh has been cut to about half its capacity, with Naxal activities casting a shadow on these operations.About two years after Naxalites......

Funding Naxals: Essar Steel GM arrested

J S Verma, general manager of Essar Steel, was on Tuesday arrested for allegedly conspiring in funding Naxal groups in Dantewada area of Chhattisgarh. Verma is the third person to be arrested in......
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ICICI moves US court to recover loans from Essar

Five Indian banks, led by ICICI Bank, have approached a top court in New York in a bid to recover loans and interest worth $ 560 million extended... ...

http://www.mydigitalfc.com/news/icici-moves-us-court-recover-loans-essar-407
Flat Steel Market Worth 757.15 Billion USD by 2026

/PRNewswire/ -- The report " Flat Steel Market by Type (Sheets & Strips, Plates), End User (Building & Infrastructure, Automotive & Other... ...

http://www.prnewswire.co.in/news-releases/flat-steel-market-worth-75715-billion-usd-by-2026-605184476.html
Steel firms hike prices by Rs 3,000 per tonne

Related to : Tata Steel Ltd Tata Steel Ltd BSE 06 Dec 16 | 04:01 PM 418.35 4.8 (1.16%) NSE 06 Dec 16 | 03:59 PM 418.45 4.95... ...

http://smartinvestor.business-standard.com/market/Marketnews-428678-Marketnewsdet-Steel_firms_hike_prices_by_Rs_3_000_per_tonne.htm
Steel prices to see limited upside owing to demonetisation

The government's decision to extend floor price on steel imports is likely to provide support to pricing of the commodity in the near-term amid... ...

http://www.ibtimes.co.in/steel-prices-see-limited-upside-owing-demonetisation-707141
Bad loan targets collateral damage amid cash crunch

MUMBAI: Banks are so busy trying to cope with the cash crunch caused by demonetisation that the critical task of going after bad loans is falling... ...

http://economictimes.indiatimes.com/industry/banking/finance/banking/bad-loan-targets-collateral-damage-amid-cash-crunch/articleshow/55823453.cms

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