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MESABI METALLICS
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...
- 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...
- Mesabi Metallics secures $150 million from Macquarie for Minnesota iron ore projectMesabi Metallics, a proud member of the Essar Group, has successfully garnered USD 150 million in funding from Macquarie Group. This invest...
- US EXIM announces USD 10 billion support to Essar's Mesabi MetallicsThe US Export-Import Bank (EXIM) made the announcement during the Indo-Pacific Energy Security Ministerial and Business Forum in Tokyo last...
- Essar Capital names Anil Kumar Chaudhary as Chief Executive Officer for metal and mining verticalEssar Capital’s metals and mining business is at an advanced stage of developing and executing projects in India and the US. It is foraying...
- Essar Global repays all debt to Indian and foreign lendersIn the last two years the group has returned more than Rs 1,37,000 crore of borrowings, mostly to the Indian banking system.
- From Essar to Tata, Gupta father & son duo turns messiah for troubled Indian assetsThe struggling steel businesses of the Tatas and the Ruias, as also many other businesses, have found a common benefactor in this family.
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