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Latest Articles in Steel

Tata Steel Aims To Double Indian Workforce's Productivity

Tata will also focus on further automation and restructuring at its flagship 10 million tonnes a year plant at Jamshedpur, which will help bring down its costs

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KPS Capital Partners Backs Out Of Essar Steel Algoma Bid

A group that includes shareholders of Essar Global signed a letter of intent with a local unit of the United Steelworkers Union (USW) on Tuesday to negotiate a deal to buy ESA for about $900 million

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Essar Global Investors, Others Keen To Buy Essar Algoma

Algoma, bought nearly a decade ago by Indian energy and resources conglomerate Essar Global, had put itself up for sale while operating under creditor protection

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Japan May Seek WTO Help To Resolve India Steel Tariff Dispute

India has extended its safeguard import taxes on some steel products until March 2018, in a bid to stop cheap overseas purchases from flooding its market and bolster the domestic steel sector

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ArcelorMittal Pushes Bid For Italy's Ilva Steel Plant

The Italian government has extended to June 30 the deadline for presentation of binding offers for Europe's largest steel plant by output capacity

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Indian Steel Players To Be More Profitable In Near Term: ICRA

Industry players can see additional gains due to an increase in sales volumes, as imports are likely to reduce in the current year

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'We Won't Let Them Wreck Our Plant,' Tata's Dutch Steelworkers Say

Problems in the British steel industry long predate Tata's involvement. As state-owned British Steel, it was often starved of investment to modernise plants

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At Least Four Parties Bid For Tata Steel's UK Assets

Management buyout vehicle Excalibur Steel, Sanjeev Gupta's Liberty House metals group, India's JSW Steel Ltd and Greybull Capital have submitted separate bids for Tata's UK operations

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Buyout Group To Back Rival's Bid For Tata's UK Steel Assets

A decision on how to proceed with the British plant sale set to be taken at a meeting of the Tata board in Mumbai on Wednesday

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Indian-Origin UK Tycoon To Restart Steelworks Bought From Caparo

Sanjeev Gupta's Liberty House is also at the forefront of a bid to acquire Tata Steel's assets in Britain

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India Urges POSCO To Use Local Raw Material For Auto Steel Plant

POSCO has been importing most of the raw material - hot-rolled coils - from Korea, helped by a free trade agreement between New Delhi and Seoul

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Tata Steel Confirms 7 Interested Buyers For UK Assets

All seven bidders have been 'immediately taken forward' to the next stage of the sale process, which involves inputs from the British government

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No Guarantee Over Future Of UK Steel Industry: Cameron

'While I want to do everything we can to secure the future ... we're coping with a massive oversupply, a collapse in prices'

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Cameron Tells Tata To Sell Whole Of Its Steel Business

British government making efforts to ensure Tata's sale of loss-making plants does not leave thousands unemployed just before a referendum on EU membership

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Cameron Visits Tata Steel Plant In Wales To Discuss Its Future

'It is an opportunity for the prime minister to hear first-hand their views and discuss the way forward'

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