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Latest Articles in Steel

Britain Says Support For Tata's UK Steel Assets Selloff Will Meet EU Rules

Business Secretary Sajid Javid said last week that the government could take a 25 per cent equity stake as part of a support package worth hundreds of millions of pounds

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Tata Steel Working With StanChart For UK Unit Sale

The steel business was put up for sale on March 30, but has failed to attract the attention of most major British investment banks

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Tata, Thyssenkrupp In Talks On Europe Steel Joint Venture

Expectations of long-awaited consolidation in Europe's battered steel industry rose after Tata Steel said two weeks ago that it plans to sell its loss-making British business

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UK Most Likely To Offer Loan For Tata Steel Plant Investment

Tata put its entire UK business up for sale last month, including its flagship production plant at Port Talbot in south Wales

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UK's SFO Initiates Probe Into Tata Steel's Operations

Police officers are investigating charges that Tata Steel's staff in and around its Yorkshire's site may have faked certificates on the composition of the products, Telegraph reported

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Tata Steel To Launch UK Sale Process By Monday

Prime Minister David Cameron's government has sought to broker a deal with potential buyers after Tata Steel put its British operations up for sale last week

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Tata Steel In Talks To Take Stake In Thyssenkrupp Steel Unit

Talks are at an advanced stage and several scenarios were being discussed, German business paper Rheinische Post reports

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Tata Steel's UK Exit Raises Expectations Of European Mergers

At stake is an EU industry with annual turnover of about 170 billion euros ($193 billion) that directly employs 330,000 people

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Government Extends Import Taxes On Some Steel Products

India last September imposed provisional safeguard import duties on some steel products for 200 days

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Essar Steel Minnesota Hires Debt Restructuring Advisers

The US affiliate of India's Essar Global Group is in the final stages of building a $1.8 billion iron ore pellet plant in northern Minnesota

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Tata Steel To Sell Clydebridge And Dalzell Plants

The agreement follows Tata Steel's announcement in October 2015 that it would stop its European plate production

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Rourkela Plant To Develop High Strength Steel Using Russian Technology

Technology of manufacturing high strength steel is being transferred from Russia to India, according to a Rourkela Steel Plant statement

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Tata Steel To Start Commercial Production At Odisha Plant By September

With the Kalinganagar plant's first phase, annual capacity of the steel major is expected to go up to 13 -million tonnes in India

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Steel Imports Drop For Fourth Straight Month As Tax Helps

Domestic steel makers including JSW Steel, Tata Steel and Kalyani Steels have lobbied the government for more protectionist measures

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Steel Companies Gain As India Imposes Minimum Import Price

China and Japan are exporting large quantities of steel to India to tide over their own poor demand due to slowing economies and over-capacity

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