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ESSAR STEEL
New steel policy draft ready, to set 2047 road map: SecretaryThe government is revisiting the current national steel policy 2017 to address major changes in the sector in the past decade including AI,...- India Inc's legal bill swells as global ambitions growAs Indian companies expand overseas, a more fractious global geopolitical environment is exposing them to a wider web of sanctions, trade r...
- Essar-backed Mesabi Metallics to set up $15-billion steel plant in USMesabi Metallics will use iron ore for the Iowa plant from its mine in Minnesota, which was recently operationalised. The company has inves...
- From India to Iowa: Ruias return to steel with an ambitious $18 billion US betRuias are planning a new steel venture in Iowa. This project involves a $15 billion steel plant, aiming to produce 10 million tonnes annual...
- School assembly news headlines September 30: Top India, international, sports and business updatesSchool assembly news headlines for September 30 cover major developments across India and the world, including political updates, flood con...
- India to soon release new steel policy, eyes 600 million tons capacity by 2047, secy saysIndia's government will soon unveil a new national steel policy aimed at boosting steel production. The production capacity is expected to ...
- Essar to invest $18 billion in US, build America's largest steel plant in IowaEssar Group, through its subsidiary Mesabi Metallics, plans to invest USD 18 billion for a steel plant in Iowa. The facility aims to produc...
- Sintex Industries: NCLAT upholds clean slate principle, rejects shareholder's plea for compensationIn a critical ruling, the National Company Law Appellate Tribunal (NCLAT) upheld the clean slate principle enshrined in the Insolvency and ...
- AM/NS takes over banks' claims linked to Essar Group promoters' personal guarantees"Banks had claims attached to the personal guarantees issued by the Essar promoters which was linked to the Essar Steel resolution. AM/NS' ...
- Numetal buys key pipeline provider, gains edge in race for Essar SteelThe consortium that is believed to be spearheading the Ruia family’s bid to retain Essar Steel, is buying a majority stake in Orissa Slurry...
- Essar Steel, Posco sign pact for supply of flat steel productsThe quality of Essar Steel products is consistent with international products and hence many buyers prefer to have a long-term arrangements...
- Essar Steel reports 47% growth in flat steel productionDuring Q4 ended March 31, 2017 (Q4FY17), Essar Steel recorded an increase of 25% in flat steel production at 1.5 million tonne, against 1.2...
- Essar Steel Minnesota hires debt restructuring advisers: SourcesEssar Steel has hired financial and legal advisers to help it restructure its debt, according to people familiar with the matter.
- Essar Steel eyes $100 million revenue in first year via online marketplaceEssar Steel is also targetting 30% of Essar Hypermart's sales to come from the online marketplace, the company said in a statement.
- Essar Steel-Inox Air Products deal gets CCI green signalFair trade regulator CCI has cleared Essar Steel's proposed sale of a gas plant in Gujarat to Inox Air Products, owing to no adverse compet...
- Essar Steel to commission pellet unit in OdishaBuoyed by its Hazira complex becoming the country's largest single location flat steel maker with 10 mtpa capacity, Essar Steel is set to c...
- Essar Steel to double service centresEssar Steel will almost double its service centres in India to make more customer-friendly steel that would increase sales in the fast-grow...
- Essar Steel, Kobe Steel to manufacture steel sheets for autoEssar Steel said it has inked a memorandum of understanding with Japan-based steel-maker Kobe Steel to manufacture advanced high-strength s...
- Essar Steel to expand its retail chain in KeralaEssar Steel will increase its retail distribution network, Hypermart and Expressmarts in Kerala.
- Essar Steel plans to raise $1 bn from overseas marketEssar Steel, the flagship company of the $15-billion Essar Group, is planning to raise $1 billion (Rs 4,600 crore) from overseas markets to...
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