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AM/NS takes over banks' claims linked to Essar Group promoters' personal guarantees"Banks had claims attached to the personal guarantees issued by the Essar promoters which was linked to the Essar Steel resolution. AM/NS' ...- ArcelorMittal partners with AWS to automate global operationsSteel giant ArcelorMittal is joining forces with Amazon Web Services (AWS) to revolutionize its global operations. By integrating AWS's clo...
- India to lead next phase of global steel demand, says Lakshmi MittalIndia is set to become the global leader in steel demand. This shift follows decades of strong growth from China. Lakshmi Mittal, executive...
- Reliance, Vedanta, Adani join India's drive to cut China rare earth dependence, sources sayIndian conglomerates Reliance, Vedanta, and Adani are among ten companies expressing interest in developing rare-earth processing facilitie...
- SBI Chairman, Apple India MD among 29 members appointed to Board of TradeThe government has appointed 29 non-official members to the Board of Trade. This includes prominent figures like SBI Chairman CS Setty and ...
- ArcelorMittal Nippon Steel India gets first PM-SETU nod; Andhra Pradesh leads industry-driven ITI overhaulArcelorMittal Nippon Steel India secured the first Strategic Investment Plan approval under the Pradhan Mantri Skilling and Employability T...
- Steel giants step on capex pedalJSW, Tata, SAIL, JSPL are set to hike capex up to 65%; spending surge defies West Asia cost pressures.
- India's steel ministry flags met coke shortage, seeks withdrawal of anti-dumping dutyIndia's Steel Ministry wants finance ministry to remove import duties on met coke. Domestic supplies are low and prices are high. Steel man...
- AM/NS India finance chief Amit Harlalka to replace retiring CEO Dilip OommenDilip Oommen, CEO of AM/NS India, will retire at the end of June. Amit Harlalka, the current chief financial officer, will take over as CEO...
- ArcelorMittal Nippon Steel chief Dilip Oommen to retire; Amit Harlalka promoted to CEOArcelorMittal Nippon Steel India announces CEO Dilip Oommen's retirement on June 30. Oommen will continue as a board member and Vice-Chairm...
- Arcelormittal Nippon Steel India in talks for $1 bn loanArcelormittal Nippon Steel India Ltd., a joint venture between two global steel giants, is in discussions with banks to raise approximately...
- Elecon Engineering bags project worth Rs 82 cr from ArcelorMittal Nippon Steel IndiaElecon Engineering has secured a contract worth Rs 82.78 crore from ArcelorMittal Nippon Steel India for the manufacture and supply of belt...
- ArcelorMittal files contempt pleas against Essar entities in Bombay High CourtArcelorMittal is seeking a refundable security deposit that the erstwhile Essar Steel had paid to these two companies and were payable upon...
- Odisha's new steel plant: Big, greenNote that modern steel-making is hugely knowledge-intensive; many of the high-grade steels in use today were quite unheard of just a decade...
- ArcelorMittal Nippon Steel India initiates feasibility study for 12-MTPA steel project in OdishaIn March 2021, the Gujarat-based ArcelorMittal Nippon Steel India (AM/NS India) had signed a memorandum of understanding (MoU) with the Odi...
- ArcelorMittal challenges Gujarat Government, Essar Group over Hazira port licenceEssar Steel owns a 10 million tonnes per annum steel plant at Hazira in Gujarat, which is serviced by a captive jetty constructed at port.
- Coronavirus impact: ArcelorMittal plans to cut production in EuropeThe statement issued by ArcelorMittal did not have any mention of the steel plant in Hazira, India but said at all global operations, the c...
- ArcelorMittal, Nippon Steel sign $5.14 billion loan pact to refinance Essar Steel buyThe 10-year-term loan would be used to refinance their acquisition of Essar Steel India, now known as ArcelorMittal Nippon Steel India Ltd....
- LN Mittal’s son Aditya may head new Essar Steel boardArcelorMittal is integrating Essar Steel into its fold, marking the global giant's first major foray here.
- ArcelorMittal, Nippon Steel defer $240 million US projectTwo of the world's leading steel makers ArcelorMittal and Nippon Steel will delay their $240 million joint venture project in the US follow...
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