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Indian steel News

03 Apr 2016

Sanjeev Gupta keen on acquiring Tata Steel's Port Talbot plants

UK-based Indian steel tycoon Sanjeev Gupta has come to the rescue of the troubled Tata Steel by opening discussions with owners of the steel giant to acquire its plants at Port Talbot, Britain's largest employing some 4,000 people

08 Nov 2015

Lakshmi Mittal's S African steel plant in government bailout

The South African arm of Indian steel magnate Lakshmi Mittal's business empire has received a bailout from government interventions after earlier being at loggerheads with it over a closure that would have effectively destroyed an entire town that depended on it.

04 Aug 2015

ArcelorMittal expects India to be active on M&A in steel, mine

Global steel giant AreclorMittal expects merger and acquisition (M&As) activity in the Indian steel and mining industry, though at a slower pace, even as the sectors are going through an economic downturn.

01 Apr 2015

Tata Steel completes Nordic acquisitions

Indian steel major Tata Steel has completed the acquisition of a range of service centres in the Nordic region of Europe, including a takeover from a Swedish steel manufacturer.

08 Aug 2014

New Afghan mining law paves way for SAIL-led steel consortium

Decks are almost clear for Indian steel makers' consortium AFISCO to initiate final negotiations with Afghanistan on a truncated Rs 7,000 crore investment plan following the passage of a new Mining Law in Kabul.

14 Jul 2014

WTO panel faults US duties on Indian steel

The United States broke global trade rules by slapping import duties on Indian steel products, a WTO panel ruled on Monday, calling on Washington to fall into line.

08 Jul 2014

US says Indian steel threaded rod being dumped, subsidised

The US Department of Commerce on Monday said that imports of steel threaded rod from India have been dumped and subsidised.

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