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1 min read
AMNS India parent signs USD 5 bn term loan to refinance Essar Steel acquisition
"AMNS Luxembourg Holding S A (AMNS), the parent company of the AMNS India joint venture between Nip…
PTI
1 min read
AMNS to ramp up finished steel output to 8.5 MT by 2024-end
The first stage involves investments to increase the production of finished steel goods sustainabl…
PTI
1 min read
Coronavirus impact: ArcelorMittal plans to cut production in Europe
"Given the extent of the outbreak, the health and safety implications, and particularly the impact …
PTI
1 min read
ArcelorMittal chairman calls on Pradhan
ArcelorMittal made its foray into the Indian market by acquiring Essar Steel in December 2019 thro…
PTI
1 min read
ArcelorMittal Nippon Steel completes acquisition of Bhander power plant in Hazira
"ArcelorMittal Nippon Steel India (AM/NS India) today announced that it has completed the acquisiti…
PTI
1 min read
COVID-19: Lakshmi Mittal announces contribution of Rs 100 cr to PM CARES Fund
"ArcelorMittal Nippon Steel India (AM/NS India), a joint venture between (L N Mittal's) ArcelorMitt…
PTI
2 mins read
India’s steel industry is set for a shakeup after ArcelorMittal finally emerges as the winning bidder for Essar Steel
The decision caps an eight-month long saga which saw the company vy for the prized assets of …
1 min read
ArcelorMittal aims to complete Essar Steel acquisition by 2019-end
New Delhi, Nov 19 () Following the Supreme Court verdict on Essar Steel resolution plan, global ste…
PTI
2 mins read
ArcelorMittal initiates Rs 42,000 cr payment for Essar Steel acquisition
New Delhi, Dec 13 () Global steel giant ArcelorMittal has initiated payment for acquisition of debt…
PTI
1 min read
Tata Steel CEO T V Narendran resigns as ISA President
New Delhi, May 4 () Tata Steel CEO and Managing Director T V Narendran has stepped down as Presiden…
PTI
1 min read
Tata Steel leaves Indian Steel Association; T V Narendran steps down as President
Leading steelmakers such as JSW Steel Ltd, Steel Authority of India Ltd (SAIL), Rashtriya Ispat Ni…
PTI
2 mins read
Arcelor Mittal Nippon Steel signs ₹19,000 crore deal to buy Essar's port and power assets
Essar on Friday announced signing definitive agreements with Arcelor Mittal Nippon Steel (AM/NS) fo…
2 mins read
ArcelorMittal submits a higher bid for bankrupt Essar Steel but on one condition
A fresh round of bidding for the indebted Essar Steel - which was one of the first 12 accounts iden…
2 mins read
IIT Madras average salary rises 30% while IIT Jodhpur’s best salary rises 90%
IIT Madras clocked in 100% placements, IIT Jodhpur says that they have successfully placed 97% of B…
1 min read
NCLT approves ArcelorMittal's Rs 2,360 cr bid for Odisha Slurry Pipeline
Commenting on the development, an ArcelorMittal spokesperson in a statement said: "We welcome toda…
PTI
1 min read
Steel sector needs govt's handholding to recover from COVID-19 disruptions: Seshagiri Rao
The COVID-19 outbreak in India followed by the lockdown has impacted the steel industry severely. …