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Latest Articles in Metals and Mining

Court Rejects Plea Against Arcelormittal's Bid For Essar Steel

ArcelorMittal has been trying to enter India's steel market, which is dominated by local companies, for over a decade but bureaucratic hassles and land acquisition woes stifled its bids.

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JSW Cement Plans 8 Million Tonne Capacity In Eastern Region By 2023-24

The current cement making capacity in the region is about 4 million tonne -- 2.4 million tonne at Salboni in West Bengal and 1.5 million tonne at Odhisa under Shiva Cement -- taken over by JSW Cement in 2017.

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NCLAT Reserves Order On ArcelorMittal Takeover Of Essar Steel

Essar Steel has reported an Ebitda of around Rs 4,000 crore during the over 600 days of insolvency period.

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Goa Govt Mulls Tapping Iron Ore Mines Not Covered By SC Order

The resumption of mining was a major issue during the Lok Sabha polls in Goa which voted on April 23

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JSPL Bags Rs 665 Cr Rail Order From RVNL

JSPL has won an order from RVNL "to supply 89,042 tonnes of UIC 60 kg IRS T-12 880 grade 13 meter rails for its upcoming projects

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Tata Steel Says Supports Logic Of Joint Venture With Thyssenkrupp

"We continue to engage in a constructive dialogue with the European Commission and believe our proposals address their concerns, and still very much support the industrial logic of the joint venture"

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SC To Hear Tomorrow Plea Of ArcelorMittal Against NCLAT Order On Essar Auction

Anil Aggrawal's Vedanta is a third qualified bidder for Essar Steel whose lenders have initiated insolvency proceedings for recovery of around Rs 49,000 crore dues

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Gold At Rs 31,000 Amid Festive Buzz

Silver also advanced by Rs 50 to Rs 38,300 per kg due to increased offtake by industrial units and coin makers

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Confident Of Achieving The 2030 Targets: Steel Secretary Aruna Sharma

In an interview with BW Businessworld, Steel Secretary Aruna Sharma talks about the growth of the sector, increasing per capita consumption, dealing with NPAs in the sector, evolution of private players in the steel sector and the challenges the sector is facing due to the ongoing trade wars

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Consolidation & Innovation Will Create a Structurally Sound Indian Steel Industry

It is most likely that future competitive advantage for steel enterprises with sustained higher margins above the industry average will come through innovation in process, product and business models

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Thyssenkrupp CEO Steps Down Days After Tata Steel Merger

In a move that came as a surprise, the company announced that Heinrich Hiesinger has asked the Supervisory Board of the company to end his mandate as Chief Executive Officer of Thyssenkrupp AG "in mutual agreement"

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NCLT Approves Tata Steel Bid For Bhushan Steel

The bench comprising NCLT President Justice M M Kumar and S K Mohapatra also dismissed the plea of engineering and construction major L&T seeking higher priority in recovery of loan and imposed a fine of Rs 1 lakh

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Gold Falls On Global Cues, Slack Demand

Silver also fell by Rs 250 to Rs 40,250 per kg due to reduced offtake by industrial units and coin makers

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India Aims To Split GAIL Within A Year To Open Up Gas Sector

GAIL already keeps separate accounts for its gas pipeline and marketing businesses, making it easier to split them into two entities before a change of ownership

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