"For (financial year) 2022, we have guided that our capex will be...Rs 3,000 crore for Europe. It is more for sustenance capex, environment...

Capacity expansion, deferred capex from last year and investments driven by the government’s production-linked incentive scheme will be the...

The world's largest steelmaker had clocked a net loss of USD 447 million in the year-ago quarter, the company said in a statement.

AM/NS India received approval from NCLT Cuttak for its resolution plan for OSPIL.

The capex will be implemented over the medium term and it will be largely self-funded out of AMNS India’s internal accruals as the unit is ...

Going by that valuation yardstick, it might not be incorrect to say that even JSW Steel could be overpaying for Bhushan’s assets.

In the first stage the plan envisages raising the capacity to 6.5 mt by 2019-20 on the back of efforts to rapidly restore current assets to...

ArcelorMittal has already announced a major USD 1 billion investment programme for its Mexican operations, which are focussed on building A...

"We see opportunity in Essar, that is why we put in our bid,” the company's chairman and CEO said in an interaction with TOI.

Sales of the Luxembourg-based company rose 21.4 per cent to USD 17.63 billion in July-September.

Global commodity price deflation amid slow demand means big investments in steel and manufacturing will take a long time to happen.

The company, headed by NRI billionaire Laxmi N Mittal, had clocked $0.345 billion net loss in the January-March quarter of the last year.

The company estimates net debt of $17 billion by the end of 2013, falling to $15 billion in the medium term.

ArcelorMittal on Wednesday reported a 10 per cent dip in net income for the second quarter ended June 30, 2011.

Prices of domestic galvanised steel products are likely to rise by another Rs 500-1,000 per tonne over the next two-months.

ArcelorMittal plans to spin off its stainless steel unit to the parent’s shareholders, signalling the failure of years of talks among produ...

Mumbai-based Uttam Galva Steel, plans a capex of Rs 300-500-crore over the next 2-years, a top company official said.