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Police probe British Steel pension fraud claims
Release time: 2018/01/19 17:12:00
Police in south Wales are probing allegations that steelworkers at Port Talbot were victims of pension fraud.Subscribers may share up to 10 or 20 articles per month using the gift article service.“South Wales P...
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Tata Steel launches two products — Aggreto, Nirman
Release time: 2018/01/19 17:11:00
Tata Steel has launched two new products, Tata Aggreto and Tata Nirman, India's first branded LD slag products for applications in road, fly ash brick and clinker making, the company said in a statement.Tata Ste...
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India Steel Ministry Seeks Abolition of Met Coal Import Tax
Release time: 2018/01/19 16:58:00
Benchmark prices of premium coking coal have risen 34 percent over the past year, after cyclone Debbie affected supplies from Australia, the biggest shipper of the commodity.Indian steel producers, including sta...
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Delay in Bhushan Steel sale; billionaire Sanjeev Gupta's Liberty House ...
Release time: 2018/01/19 16:54:00
While January 18 was earlier the last day for bids to be submitted, now it has been extended to January 25, said sources.The Anil Agarwal-led Vedanta is fast emerging as a favourite.“Especially after it out-bid...
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ArcelorMittal and SAIL in possible joint bid for Bhushan Steel
Release time: 2018/01/10 16:53:00
Both ArcelorMittal and SAIL had separately submitted their expressions of interest for the Bhushan asset.While the LN Mittal-headed company had shown its interest in October last year, SAIL was a last entrant in...
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Rio Tinto set to sell Dunkerque aluminium smelter to UK’s ‘Man of Ste...
Release time: 2018/01/10 16:52:00
Rio Tinto has accepted an offer for its Dunkerque aluminium smelter, Europe’s biggest producer of the lightweight metal, from Sanjeev Gupta, the acquisitive UK industrialist.Over the past year the metal, used i...
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Vedanta, Tata Steel, two others submit bids for Electrosteel
Release time: 2018/01/10 16:51:00
Electrosteel Steels, which owes Rs 10273.6 crore to its lenders, was among the 12 companies which the Reserve Bank of India(RBI)had referred for insolvency proceedings.The company said the corporate insolvency r...
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Ukraine steel output falls 12 pct in 2017
Release time: 2018/01/04 17:13:00
Steel production rose 5.5 percent in 2016 to 24.2 million tonnes as the industry picked up after a sharp drop the previous year due to the conflict in eastern Ukraine, where most of the country’s steel producti...
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China's steel industry profits improve
Release time: 2018/01/04 17:11:00
In the January-November period last year, combined net profits in the ferrous metal smelting and rolling sector surged 180 percent year on year to 313.88 billion yuan(about 48 billion U.China plans to eliminate ...
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China's steel output rises, prices pick up
Release time: 2018/01/04 17:10:00
The steel price index came in at 116.62 in November, up 0.92 percentage point from the previous month, the NDRC said in an online report.In the first 11 months of 2017, crude steel production went up 5.7 percent...
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Looking to expand further in India: Tata Steel
Release time: 2018/01/03 17:16:00
The successful roll out of the Goods and Services Tax(GST)also had positive implications across the company's value chain in India, T V Narendran, CEO and Managing Director of Tata Steel, said in a message to em...
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Gerdau steel plant in Baldwin sold
Release time: 2018/01/03 17:13:00
The Baldwin plant grinds and melts metal from old cars, appliances, etc., and turns into rebar(reinforcing bar used in concrete)and wire.
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