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MACARTHUR COAL
- Ambition of having steel plant in India remains a dream: Lakshmi Niwas Mittal
Expressing hope that some day his plans will be realised and ArcelorMittal will begin construction of steel plants in India, he said, "I do...
- ArcelorMittal sees China, autos supporting Q3
ArcelorMittal, world's largest steelmaker has said that the auto industry should indirectly ensure no repeat of last year's sharp slowdown.
- ArcelorMittal issues $750mn convertible bonds
Global steel giant ArcelorMittal on Tuesday said it has raised $750 million (Rs 3,500 crore) through issue of convertible bonds by its whol...
- Tata buys 7.29 pc stake in Riversdale Mining at $120mn
Tata Steel has bought 7.29 per cent additional stake in Australia-based Riversdale Mining for a sum of $ 120.7 mn through its Singapore sub...
- Tata Steel buys 7% more in coal mines co for $121 million
Tata Steel has bought about 7.3% equity stake in Riversdale Mining, which owns coal blocks in Mozambique, for $120.7 million, taking its to...
- Price cut, costly ore to hit JSW Steel hard
JSW Steel expects its bottomline to take a hit of Rs 450-500 crore in 2008-09, due to increasing input costs and a reduction in steel price...
- ArcelorMittal increases its stake in Macarthur Coal to 19.9 pc steel
Global steel player ArcelorMittal has increased its stake in Australia's Macarthur Coal to 19.9 per cent through purchase of a further 5 pe...
- Lakshmi Mittal in Rio Tinto takeover bid
Rio is the world's biggest iron ore producer and bankers believe its iron ore assets are currently worth about $50 billion. High-fliers sti...
- POSCO agrees to buy 10% stake in Macarthur Coal
South Korea's POSCO said on Monday it had agreed to buy a 10 percent stake in coal mining firm Macarthur from the Australian group's shareh...
- Macarthur Coal director steps down, fueling ArcelorMittal takeover speculation
A key stakeholder in Australia's Macarthur Coal Ltd. stepped down from the board, fueling speculation the company is close to striking a ta...
- ArcelorMittal buys 14.9% stake in Macarthur Coal
World's largest steel maker ArcelorMittal on Wednesday said it has acquired a 14.9 per cent stake in Australia's Macarthur Coal Limited for...
- India eyes Australia for coking coal supply
In view of massive capacity expansions announced by state-run steel makers SAIL and RINL, Steel Minister Ram Vilas Paswan is leading a high...