GFG Alliance completes acquisition of ArriumThe group will be investing 1 billion US dollar across the Whyalla steelworks and mining businesses for modernisation and expansion.
31 Aug, 2017, 08.10 PM IST
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.
03 May, 2017, 10.56 AM IST
US steel project delay lands Essar in bad books of feared Wall St creditor DK Partners; recalls $370 million loanDK Partners is one of Essar Steel Minnesota LLC’s leading creditors for the $1.8-billion iron-ore pellet project in Naushwauk, northern Min...
01 Apr, 2016, 04.38 AM IST
Essar group raises $450 million to expand Minnesota mine projectEssar Steel Minnesota had raised $450 million from banks, but returned the funds after securing a better deal from funds based in New York.
15 Oct, 2014, 07.55 AM IST
- Essar to list North American steel units?
Ruias of Essar may take their North American steel business for IPO in Canada, or mull other strategic options, as one of India's largest p...
30 May, 2012, 05.38 AM IST
- Essar Group to ramp up capacity at US pellet plant to 7 million tonnes
The new pellet plant will secure Algoma's raw material needs. Expanded capacity will leave a surplus which can be sold in the market.
08 Jun, 2011, 07.35 AM IST
- Coal India in talks to buy US mines
Coal India, the world’s largest coal producer, is in talks to acquire mines from two US companies, Peabody Energy and Massey Energy, its ch...
13 Nov, 2010, 02.15 AM IST
- Essar among world's top 15 steel cos after Esmark buy
Essar group offered a deal with an enterprise value of $1.1 bn and got the foreign co with a capacity of 3 mtpa and its service centres in ...
02 May, 2008, 10.21 AM IST
- Essar Steel seals deal for US steel firm for $1.1 bn
Steelmaker Essar Steel said on Thursday it planned to acquire US steel company Esmark, valuing the deal at 1.1 billion dollars, as it pushe...
01 May, 2008, 02.17 PM IST
- Essar Steel joins race for ArcelorMittal's US plant
Essar Steel has emerged as one of the potential suitors for the Sparrows Point, Maryland, a mill of ArcelorMittal, according to a report.
21 Mar, 2008, 01.29 AM IST
- Essar joins race to buy ArcelorMittal's Sparrows Point mill
Essar Steel has emerged as one of the potential suitors for the Sparrows Point, Md., mill of ArcelorMittal SA, with leading Russian steelma...
20 Mar, 2008, 02.51 PM IST
- Essar in talks with Arcelor Mittal to buy US steel co
Essar Global, has visited the Sparrows Point unit in Baltimore and had rounds of discussions with Arcelor Mittal for the acquisition. Compa...
16 Mar, 2008, 12.14 AM IST
- Tatas, Ruias set sights on Stelco
Tata Steel, India’s largest private sector steel maker, and Essar Global, the holding company of the Essar group, have shown preliminary in...
05 Jun, 2007, 04.25 AM IST
- Essar to buy Minnesota Steel
Essar's unit Essar Steel Holdings Ltd. on Sunday said it would buy Canadian Algoma Steel Inc. for $1.63 billion.
19 Apr, 2007, 09.42 AM IST
- Essar Global buys Minnesota Steel
Essar Global, the holding company of the Ruia empire, late on Wednesday night announced the acquisition of the US-based Minnesota Steel for...
19 Apr, 2007, 01.45 AM IST
- Essar to acquire US steel firm
Essar Global today signed an agreement to acquire Minnesota Steel LLC in the US for an estimated Rs 350-375 cr.
18 Apr, 2007, 09.40 PM IST
- Essar to acquire US steel firm for Rs 350-375 cr
Ruias-owned Essar Global today signed an agreement to acquire iron ore-rich Minnesota Steel LLC in the US.
18 Apr, 2007, 09.40 PM IST