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Latest Articles in Steel

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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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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