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Essar Steel lines up $4-bn investment in N America

 Money to be spent on acquired firms in Canada and US Essar Steel Holdings, a part of Essar Global, has lined up investments of more than $4 billion (over Rs 18,000 crore) in North America. The......

Essar joins race to buy ArcelorMittal's mill

 Essar Steel has emerged as one of the potential suitors for the Sparrows Point, Md., mill of ArcelorMittal SA, with leading Russian steelmakers, according to a report. "The most prominent suitors......

Essar acquires Algoma Steel

 Ruias owned Essar Steel on Monday announced that they have agreed to acquire Canadian Algoma Steel for an aggregate value of Canadian $1.8 billion (approx. US $1.58 billion) to be paid in cash.......

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