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MAITHAN ISPAT
Tata Steel Mining's Rs 780 crore resolution plan for Rohit Ferro Tech approved by NCLTVedanta’s ESL Steel, Rimjhim Ispat, Shyam Metallics, and Maithan Alloys were among the other bidders in the race for the Kolkata-based comp...- Mesco keen to buy struggling steel companiesSteel prices have been on an upswing and thanks to government spending on construction and infrastructure, domestic demand is finally showi...
- Mesco Steel chases iron ore, coal assets in US, AustraliaMesco Steel is scouting for assets like precious minerals, iron ore and coal to ensure raw material availability for its steel plants under...
- ArcelorMittal expects India to be active on M&A in steel, mineThe country has become the world's third largest steel consumer after China and the US and is the world's third largest steel producer afte...
- POSCO's Finex plant likely to be shifted to India by OctoberGlobal Steel giant POSCO is likely to shift its first Finex plant to Kalinganagar in the state from Pohang, South Korea.
- Mesco plans Rs 13,500 crore investment to raise capacity in 3-5 yearsPrivate steelmaker Mesco plans to take its capacity to 4.5 million tonnes (MT) in the next 3-5 years with an investment of Rs 13,500 crore.
- Mesco flagship to get a third of Malangtoli minesOdisha govt has recommended 457 hectares of Malangtoli iron ore deposit to Mideast Integrated Steel -the flagship company of Mesco Group.
- India Inc's M&A deal value shrinks in April: Grant ThorntonCorporate India announced M&A deals worth $1.19 bn in April, registering a decline of 83% in value terms over the year-ago period.
- Mesco Steel buys Maithan Ispat for Rs 1160 croreThis acquisition provides us with a wonderful synergy, whereby we raise our own capacity to 2.2mt," Rita Singh told ET.
- Mesco Steel acquires Maithan Ispat in Rs 1,160-crore dealThe deal is worth Rs 1,160 crore, she said. As per the deal, Delhi-based Mesco will take over Maithan Ispat's 1 million tonne steel plant a...
- Mesco Group to buy Maithan Ispat for approx Rs 1100 croreSources indicate that the deal is struck to bail out the debt-laden Maithan Ispat & Mesco with its huge iron ore reserves will be able to m...
- Sponge iron makers accuse Orissa Mining of setting unrealistic pricesOdisha accounts for more than half the country’s total iron ore production, and remains critical to the country’s iron and steel requiremen...
- PSU banks get aggressive on loan recovery, begin forcing management changesAccording to sources close to the development, SBI Chairman Arundhati Bhattacharya has been personally involved in some of these meetings.
- Coal Ministry queries CIL on pacts with power companiesThe Letter of Assurance (LoA) route, introduced in 2007, provides for assured supply of coal to developers.
- Maithan Ispat raises Rs 73 cr from stake saleMaithan Ispat, a part of the Kolkata-based Maithan Group, has raised over Rs 73 crore by diluting some equity stake to Orix Corporation and...
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