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Times of India reported that bidders have intensified efforts to place takeover bids for Essar Steel and Bhushan Steel, debt laden companies under the Insolvency and Bankruptcy Code proceedings.

Posted By : Nanda Koijam 2 days 13 hours 53 minutes ago
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Economic Times reported that the Indian government will ensure rising steel prices do not lead to increase in cost of infrastructure projects, since the steel ministry has already notified that preference will be given...

Posted By : Nanda Koijam 2 days 13 hours 39 minutes ago
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The Local reported that Italians living near one of the biggest steelworks in Europe have appealed to the government to protect their health after a dramatic photo showed water near the plant running red. In a picture...

Posted By : Nanda Koijam 2 days 13 hours 50 minutes ago
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Mint, citing five people familiar with the matter, reported that insolvency professionals of Essar Steel Ltd and Bhushan Steel Ltd have initiated fresh forensic audits of these companies’ accounts following the recent...

Posted By : Nanda Koijam 2 days 13 hours 25 minutes ago
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Economic Times reported that the Mumbai bench of the National Company Law Tribunal (NCLT) on Thursday cited the ongoing bankruptcy resolution process to suspend arbitration proceedings on a credit transaction involving...

Posted By : Nanda Koijam 2 days 13 hours 36 minutes ago
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Post Gazette reported that environmentalists are questioning why the public wasn’t notified about an October chemical spill into a Lake Michigan tributary that US Steel asked Indiana regulators to keep confidential....

Posted By : Nanda Koijam 2 days 13 hours 48 minutes ago
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Tougher EU rules to fight dumped and subsidised imports from third countries were voted by MEPs on Wednesday. For the first time worldwide, EU trade rules will require trade partners outside the EU to meet international...

Posted By : Nanda Koijam 2 days 13 hours 33 minutes ago
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NLMK Group, an international steel company with operations in Russia, the USA and the European Union, has supplied transformer steel to the Siemens Transformers plant based in the city of Voronezh, Central Russia. The...

Posted By : Nanda Koijam 2 days 13 hours 30 minutes ago
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Ahead of schedule, on October 24th, 2017, Nam Kim Steel Joint Stock Company rolled the first coil on the new reversing cold mill (RCM) installed by SMS group at Nam Kim Steel’s facility in the Vietnamese province of...

Posted By : Rabi Wangkhem 2 days 13 hours 39 minutes ago
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Houston Chronicle reported that global steel pipe giant Tenaris commenced full operations Wednesday at its new USD 1.8 billion mill southwest of Houston in Bay City to start churning out piping for shale oil and gas...

Posted By : Rabi Wangkhem 2 days 13 hours 41 minutes ago
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