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STEELMAKERS NEWS
How will Resonac's plant closures impact the global graphite market?Graphite electrodes are mainly used in steelmaking and by chemical firms. China is the world's leading producer of graphite, used for milit...
Steelmakers may cut down on Capex amid price slumpSteelmakers in India are expected to reduce their capital expenditure plans in 2025 due to declining steel prices, impacted by increased im...
Sweden's SSAB eyes Tata Steel's Europe business as Thyssenkrupp's back-up plan: Bloomberg“SSAB is holding preliminary talks with Tata Steel of India as it seeks merger options,” the report said quoting persons familiar with the ...
New owners of this steelmaker offer Re 0.098495 per share for delistingIn total, it will pay Rs 60 lakh for 6,09,16,798 shares to the shareholders.
Tata Steel denies UK media reports, says still in talks with ThyssenKruppThe company was reacting to news reports that suggested that the merger talks between the two had lost steam.
Tata Steel's UK and Dutch steel union leaders asks clarity on operationsAt this time we are asking Tata to alleviate the uncertainty for the workforce, customers and suppliers, by clarifying the situation regard...
JSW Steel's bid for Italy's Lucchini assets rejectedLucchini found Cevital's offer more attractive because it foresaw full employment at Piombino, which employs about 2000 people.
JSPL close to acquiring iron ore mine in CameroonMedia reports stated that JSPL has agreed to buy 90% of Legend’s stake in the Camina SA holding company for the Ngovayang rail project in C...
POSCO consortium eyes $1 billion stake in ArcelorMittal Canada mine: ReportA consortium including POSCO is seeking to acquire a roughly $1 billion stake in a Canadian iron ore mine operator controlled by ArcelorMit...
- POSCO picked as preferred bidder for S Korea's Daewoo
South Korea's largest steelmaker POSCO on Friday moved closer to securing a controlling stake in trading and resources company Daewoo Inter...
- ArcelorMittal sued for USD 101.4 mn over iron ore shipments
ArcelorMittal was sued for USD 101.4 million by shipper Zodiac Maritime Agencies, which said the world's biggest steelmaker breached an agr...
- China gets new steel maker, Guangxi Iron & Steel
Major Chinese steel maker Wuhan Iron & Steel Group has joined with smaller partner Liuzhou Iron & Steel Group to set up a venture with an e...
- Tata-VSC JV gets Vietnam government nod
Tata Steel & Vietnam Steel Corporation will build a steel complex at an investment of Rs 14,000 cr.
- Nippon Steel, Tata Steel discuss joint production
The companies are likely to spend about 50 billion yen ($423 million) to make thin-sheet steel mainly used in automotive bodies at a jointl...
- Steel prices to go up by Rs 1k per tonne
Price hikes in Europe and low inventory levels in developed markets have led Indian steelmakers to increase hot rolled steel prices, the ba...
- Cos feel European heat wave, hike steel prices
Price hikes in Europe and low inventory levels in developed markets have led Indian steelmakers to increase hot rolled steel prices - the b...
- ET report on Reliance’s stake buy lifts Wood Group shares
Shares of John Wood Group, a UK-oil-field services provider, made their largest gain in five months on Wednesday, after a report in The Eco...