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ArcelorMittal makes open offer for Uttam Galva

India-origin billionaire Lakshmi Mittal-led ArcelorMittal on Monday made an offer to buy an additional 29.4 per cent stake in domestic steel firm Uttam Galva Steel at Rs 120 a share.In a public......

It's curtains for major standalone steel players

The Uttam Galva-ArcelorMittal deal is the second consolidation move in the steel industry in the past month, the first being Essar Steel's acquisition of Shree Precoated.The main reason for the......

Government defers duty on steel intermediate

The prospect of a mid-month price increase in cold rolled (CR) and galvanised steel--used by automobile and consumer durables makers--has abated with the government deferring a decision to impose a......

Uttam Galva in Russian JV talks

Uttam Galva Steels is in talks with Russia'slargest steel manufacturer, Magnitogorsk Iron and Steel Works, for a joint venture to construct a 10 million tonne steel plant with an investment of......

Make in India? It's tough, say steel manufacturers

Govt continues to dither on anti-dumping duty against cheap Chinese steel imports; risk of steel sector NPAs looms large as production is unviable. The central government’s Make-in-India......
  Web results for Uttam Galva Steels Ltd
Integrating group companies into a cohesive unit got me fame says Uttam Galva Steels' Anuj R Miglani

Anuj R. Miglani, 40 Managing Director, Uttam Galva Steels Education: Imperial College of Science & Technology, UK Claim to fame: Integrating... ...
Import duty on steel products increased to stop China dump

To curb dumping of steel in the country, the government on Wednesday hiked import duty on long steel products from 5.5 per cent to 7.5 per cent and... ...
Late recovery pares losses! Nifty ends above 8,100 level

Indian equity market logged its fourth straight session of losses on Thursday. Market-participants continued to square off their positions on fears... ...
For Mittal, frustration gives way to hope in India

In 2012, Lakshmi Niwas Mittal, chairman and CEO of the world's largest steelmaker, ArcelorMittal, was at his wit's end, having waited for six years... ...
Uttam Galva Steels standalone net profit declines 36.64% in the March 2015 quarter

Sales rise 37.58% to Rs 2047.77 crore Net profit of Uttam Galva Steels declined 36.64% to Rs 9.58 crore in the quarter ended March 2015 as against... ...

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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