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Latest Articles in Steel

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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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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