Warren Buffett’s 1977 letter hints at why he likes Japan trading housesWhile Buffett has offered few details on what attracted him to names like Itochu Corp. and Mitsui & Co., investors could do worse than look...
01 Sep, 2020, 03.21 PM IST
ArcelorMittal to make $1 bln creditor payment to bid for Essar SteelEssar Steel's committee of creditors now has an eight-week period to evaluate bids.
17 Oct, 2018, 06.29 PM IST
Nikkei ends flat, snaps 8-day rally on US-China trade war fearsThe Nikkei gained 1.2 per cent for the week and 1.4 per cent for the month.
31 Aug, 2018, 01.30 PM IST
Nikkei tumbles 2% to 5-week low as emerging market rout hits sentimentJAPAN-STOCKS/Nikkei tumbles 2 pct to 5-week low as emerging market rout hits sentiment
13 Aug, 2018, 01.29 PM IST
Amtek Auto sells its SMI JV stake to Nippon Steel and Sumitomo Metal CorpAmtek Auto is one of the 12 large insolvency cases which are undergoing insolvency resolution process with the National Company Law Tribuna...
18 Apr, 2018, 12.53 PM IST
Vedanta unlikely to participate in rebidding of Essar SteelVedanta had submitted an Expression of Interest (EoI) for Essar Steel but did not bid for the bankrupt steel maker which owes over Rs 45,00...
23 Mar, 2018, 06.42 PM IST
ArcelorMittal plans to rebid for Essar SteelThe SBI-led consortium of creditors had this week rejected the bids by ArcelorMittal and Numetal finding them ineligible under the IBC.
23 Mar, 2018, 03.27 PM IST
Essar Steel re-bidding issue may be taken up on Wednesday: SourcesThe meeting is likely to take a decision on the eligibility of bids offered by ArcelorMittal and Numetal for the bankrupt firm. The option ...
19 Mar, 2018, 03.24 PM IST
Essar Steel's $6 billion sale is said to face delayA committee of Essar Steel creditors, originally slated to convene earlier this week, has postponed a meeting to discuss the offers, accord...
07 Mar, 2018, 01.35 PM IST
Essar Steel creditors' panel meeting with IRP deferredThe IRP and the CoC could not decide on the eligibility of the bidders who have submitted resolution plans for Essar Steel, a person in the...
05 Mar, 2018, 10.18 PM IST
Donald Trump roars, China yawns, US shoots itself in footChina's steelmakers care much more about is their domestic market, which consumes about half of the world's steel and has been doing rather...
03 Mar, 2018, 06.58 AM IST
SAIL in talks with Nippon Steel, Kobe on plant operations"SAIL is in preliminary discussions with Nippon Steel & Sumitomo Metal Corp and Kobe Steel on various areas of operations of steel plants,"...
19 Dec, 2016, 06.44 PM IST
India slaps anti-dumping duty on steel products from 6 nationsAn anti-dumping duty of USD 474 per tonne was imposed on import of hot-rolled flat products of alloy or non-alloy steel of a width up to 21...
09 Aug, 2016, 12.38 PM IST
- Emerging hub for automotive steel
Thrust on small cars leading to Japanese interest in making auto grade steel in India.
28 May, 2010, 01.34 AM IST
- Tata Steel forms JV with Nippon Steel
Tata Steel, in continuation of an industry-wide trend, said it has formed a 51:49 joint venture with Japan’s Nippon Steel for production an...
29 Jan, 2010, 01.52 AM IST
- Sumitomo eyes stake in India steel plant
Sumitomo Metal Industries of Japan is eyeing a stake in a steel plant being built by Bhushan Steel in West Bengal.
16 Dec, 2009, 10.05 PM IST
- Brazil steelmaker CSN sells part of iron ore mine
Brazilian steelmaker CSN says it has reached a deal to sell 40 percent of its Namisa iron ore mine to a consortium of Asian companies for U...
21 Oct, 2008, 01.31 AM IST