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EUROPEAN STEEL MILLS
Time to think of the repair cycle? 8 engineering stocks from India’s capital goods ecosystem with upside potential of up to 26%At a time when the markets are focused on war, crude oil, inflation, and supply disruption, it is easy to miss a quieter shift. India’s eng...- India aiming to cut steel emissions by 25%, double capacity, document showsIndia is set to boost its steel production significantly by 2035-36. The new National Steel Policy 2025 targets a substantial reduction in ...
- India will support steel exports hit by Europe's carbon tax: Govt officialIndian steel exports face ongoing challenges from the European Union's carbon tax and import quotas. The Indian government plans to support...
- India's steel exports to Europe set to drop as EU carbon tax loomsIndian steel exports to Europe will likely decrease as the European Union's carbon tax begins next month. Mills are now exploring new marke...
- Tata Steel to continue separation of European activities: Works council"It is unclear how we will proceed, but we expect the separation to continue," works council chair Cinta Groos told Reuters.
- Rourkela Steel Plant bags over 6,000-tonne of plates order for European marketAmid sluggish market scenario across the world due to the COVID-19 crisis, the Rourkela Steel Plant, a unit of state-run SAIL, on Sunday sa...
- JSW Steel to integrate Aferpi mill with Indian facilitiesJSW Steel would integrate the recently acquired Aferpi mill with its Indian facilities, including the newly purchased Monnet Ispat and Ener...
- Liberty House to buy 3 more EU plants from ArcelorBillionaire PIO steel tycoon Sanjeev Gupta has struck a deal to purchase three more European steel plants from ArcelorMittal.
- British Indian tycoon to buy 3 more of Lakshmi Mittal's European plantsThe company said it will acquire two Belgian steel mills and one in Luxembourg from ArcelorMittal in addition to the four it said last mont...
- Tata Steel, Thyssenkrupp sign MoU for European Steel JVIt freed Tata Steel UK and its affiliate companies from 15 billion pounds of pension liabilities paving the way for the merger.
- Tata Steel completes the sale of pipe mills to Liberty House GroupTata Steel will retain its 20-inch tube mill at the same Hartlepool site and is poised to make a £1 million investment at the unit which ha...
- Tata Steel to sell SAW mills in UK to Liberty House GroupThe two parties will work to complete consultations with employees and trade unions, as well as transfer of supplier and customer contracts.
- Tata Steel sells two mills to Liberty House GroupIt will employ almost 8,500 people in the UK, manufacturing advanced products for sectors like automotive and construction.
- SAIL widens export base to EuropeThe consignment, which consists of High Tensile Plates with CE (European Confirmity) marking, is the first-of-its-kind for the Plate Mill.
- JSW Steel, Cevital submit final bids for assets of Italy's LucchiniLucchini, Italy's second largest steelmaker, was previously owned by Russia's Severstal but was declared insolvent in 2012 and placed under...
- Tata Steel plans to sell UK division to Klesch GroupThe company, which employs 6,500 people across Europe, said it had signed an agreement with Geneva-headquartered Klesch Group, which it hop...
- JSW Steel close to acquiring Italy's Lucchini for sub $100 millionThe deal would not involve taking on any debt from the bankrupt company and would not require fund-raising, Sajjan Jindal said.
- JSW Steel may conclude takeover of Lucchini in a monthSajjan Jindal-owned JSW Steel is in the final stages of negotiations to buy 'part' of bankrupt Italian steelmaker Lucchini.
- Corus to use full capacity by fiscal-endTata Steel said its European subsidiary Corus will be able to meet full capacity utilisation by the end of the current fiscal, riding on re...
- Arcelor Mittal to sell steel unit in PolandArcelor Mittal has decided to sell off a steel unit in Poland. The sale of Huta Bankowa to Alchemia Capital group is the third such sale of...
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