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ArcelorMittal keen to spread wings in India

ArcelorMittal may be interested in Bhushan Steel or Essar Steel, two of the five steel companies referred by the RBI for insolvency proceedings.Ishita Ayan Dutt reports. ArcelorMittal, the world's......

Why steel products will become costlier from April

JSW Steel, Tata Steel, Steel Authority of India, Bhushan Steel, Essar Steel, Jindal Steel & Power, and Rashtriya Ispat Nigam are among the top producers of the alloy in the domestic market With......

Now, Essar Steel forays into defence manufacturing sector

Essar Steel aims to participate in the indigenisation of products used in naval defence Essar Steel has forayed into high-growth defence manufacturing sector by developing steel grades which find......

Keen to reduce debt, banks get tough with large borrowers

The Essar group, Jindal Steel and Power, Monnet Ispat, Bhushan Steel and the Avantha group have been asked to close deals by March-end. Alarmed by the losses of Rs 15,000 crore (Rs 150 billion)......

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......
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Sources

A day after reports said that the bids of ArcelorMittal and Numetal Mauritius for Essar Steel have been disqualified, resolution professional... ...

http://www.moneycontrol.com/news/business/resolution-professional-denies-arcelormittal-numetal-disqualified-for-essar-steel-bid-sources_10546401.html
PNB fraud, Essar Steel auction, Rotomac scam, and more

Private companies would soon be able to mine and sell coal in India, alongside state-owned Coal India ...

http://www.business-standard.com/article/current-affairs/news-digest-pnb-fraud-essar-steel-auction-rotomac-scam-and-more-118022100040_1.html
Mittal steers clear of trouble, sells stake in KSS ahead of Essar Steel bid

Requires you to share personal information like date of birth, income, location amongst other fields. This information alongwith your contact... ...

http://www.business-standard.com/article/companies/mittal-steers-clear-of-trouble-sells-stake-in-kss-ahead-of-essar-steel-bid-118021301387_1.html
Essar Steel's insolvency bid, NPPA cuts stent prices, and more

BS brings you up to date with the latest news BS Web Team Last Updated at February 13, 2018 02:03 IST Final bidding round: ArcelorMittal, Numetal... ...

http://www.business-standard.com/article/current-affairs/news-digest-essar-steel-s-insolvency-bid-nppa-cuts-stent-prices-and-more-118021300049_1.html
ArcelorMittal, Russian VTB-led group make bids for Essar Steel

MUMBAI (Reuters) - ArcelorMittal SA and a group led by Russia's VTB have made separate bids for India's Essar Steel, which is undergoing bankruptcy... ...

http://feeds.reuters.com/~r/reuters/INbusinessNews/~3/VF6lbTlip6E/arcelormittal-russian-vtb-led-group-make-bids-for-essar-steel-idINKBN1FW1Z2

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