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STEEL REFINANCE TALKS
India's export ambitions need more than infrastructure, says BCBAAs India pursues its economic ambitions, the customs and logistics ecosystem will play a pivotal role in enhancing trade competitiveness an...- Brazil emerges as major rare earths source for IndiaBrazil is actively courting foreign investment including from India while pushing to localise the refining and processing value chain. Indi...
- US Israel-Iran War Day 48: US' new sanctions on Iran, Tehran vows to 'sink' ships as battle for Hormuz intensifiesIran War News Day 48: As the Iran-Israel war reaches its 48th day, tensions escalate with Iran threatening US forces and the US intensifyin...
- US military widens blockade on Iran to include 'contraband' shipments, advisory saysThe US has broadened its maritime blockade in response to escalating Iran war tensions, enabling forces to globally intercept, search, and ...
- Jayaswal Neco in talks with funds to refinance its debt of Rs 3,200 croreDuring the period from December 2018 to April 2021, ACRE acquired Jayaswal Neco's debt from its lenders, and subsequently got a 32% equity ...
- Runaya inaugurates integrated aluminium dross processing unit in OdishaThe facility is said to provide end-to-end green and sustainable solutions for the recovery of aluminium from dross and processing residual...
- India's top refiner buys its first Guyanese oil: SourceThe 1 million-barrel cargo will set sail around July 4 on Greece-flagged tanker Militos for India's Paradip port, where it is set to arrive...
- What changed your market while you were sleepingShort term traders may book profits at current levels or trail the position at 9,750.
- Chinese demand prospects likely to brighten zincZinc's performance in the coming months would be better given the tightening prospects of the refined market.
- India Ratings downgrades Uttam Galva Steels to defaultIndia Ratings downgraded Uttam Galva Steels to default, citing ongoing delays in debt servicing since February this year due to liquidity s...
- Essar in talks with Russia’s VTB to refinance $3.5 billion loansStandard Chartered Bank, which was among the most aggressive lenders for industrial houses, is believed to be having more than $3 billion e...
- Bank of India classifies Essar Steel as bad loanThe Ruia brothers backed Essar Steel is now a bad asset with Bank of India. According to the bank officials, the auditors have observed tha...
- JSW Steel raises $500 million though forex bondsThe five year bond carried a coupon rate of 4.75%. The bankers involved in the issue were Deutsche Bank, Citibank, Standard Chartered, ANZ ...
- Tata Steel eyes UK firm Stemcor's Indian assetsTata Steel has set its sights on the Indian iron ore assets of one of Britain's largest independent steel trading companies - Stemcor.
- Jindal Steel in talks to buy Stemcor's pellet unit in OdishaJindal Steel and Power (JSPL) is in talks with UK-based steel trader Stemcor to buy its Odisha-based unit, Brahmani River Pellets.
- Tata Steel in talks with banks for 3.5 bn pounds loanLeading steel producer Tata Steel is in discussions with banks to raise loans worth 3.5 billion pounds (over Rs 25,000 crore) for its UK un...
- Tata Steel in talks to refinance $5.4-b debtTata Steel began talks with lenders, including Citigroup, to refinance as much as £3.5 billion ($5.4 billion) in loans for its UK unit, six...
- Essar Group spells out investment detailsEssar plans to invest about $1 billion in its steel project in Minnesota, about $1 billion for buying Shell’s refineries and $200 million f...
- Essar plans 2 bn dlr refinery in IranEssar Group, the multi-billion dollar steel-to-telecom conglomerate, is in talks with Iran to set up a two billion dollar refinery in the o...
- The frame that held the man of steel togetherRight from the first time he decided to spread his empire beyond Indonesia where the family had been settled for almost 14 years, and move ...
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