BRUSSELS – The European Commission has extended until Feb. 1 its investigation into measures required to prevent a surge of steel imports following the U.S. imposition of metal tariffs.
News ID: 3010 Publish Date : 2018/12/20
On Monday, after hearing the petitions filed by Essar Steel’s Committee of Creditors (CoC), Resolution Professional (RP) and ArcelorMittal , the two-member Ahmedabad bench of the National Company Law Tribunal (NCLT) comprising Justice Harihar Prakash Chaturvedi and Justice Manorama Kumari, has deferred the case’s hearing further till 13 Dec’18.
News ID: 2951 Publish Date : 2018/12/18
The founding family of India's private-sector Essar Steel has offered $7.4bn to creditors in an attempt to take the company out of the bankruptcy resolution process, complicating a bid by global steelmaker ArcelorMittal for the firm.
News ID: 2450 Publish Date : 2018/10/26
ArcelorMittal will have sold off all the plants it needs to divest by the end of this year as part of its Ilva transaction. And more clarity is emerging over the potential outcomes.
News ID: 2356 Publish Date : 2018/10/04
European steel pricing has been resolutely supported by trade defence measures, loose monetary policy, and rising Chinese mill profitability over the last 18 months.
News ID: 2281 Publish Date : 2018/09/26
US hot-rolled coil prices stabilised somewhat this week as lead times at one recently-aggressive seller nudged up a touch to four-five weeks.
News ID: 2271 Publish Date : 2018/09/25
Rio Tinto the world’s second-biggest producer of iron ore, is closer than ever to selling its $6 billion-stake in Iron Ore Company of Canada (IOC), as it hired investment bank Credit Suisse.
News ID: 2172 Publish Date : 2018/08/16
Thyssenkrupp's supervisory board on Friday gave the green light for a steel joint venture with Tata Steel, paving the way for the European steel sector's biggest shake-up in more than a decade.
News ID: 2148 Publish Date : 2018/06/30
Day 2 of Danieli Innovaction Meeting 2017 began with a visit to the workshops at Group Headquarters in Italy.
News ID: 1386 Publish Date : 2017/10/04
Buying activity in the Iranian flat steel import market was limited last week, with customers looking for lower prices amid weaker domestic demand and the downward sentiment afflicting the global steel market.
News ID: 1370 Publish Date : 2017/10/03
Iran’s largest flat steel producer Mobarakeh Steel Company ended the first half of the current year (March 21-Sept. 22) with notable growth in sales value and modest upticks in production and sales volume.
News ID: 1358 Publish Date : 2017/09/27
ArcelorMittal South Africa is considering job cuts and restructuring to save costs in a challenging global steel market and recession at home, it said on Tuesday.
News ID: 1218 Publish Date : 2017/08/27
It will improve the performance of scale removal from plates during rolling and increase plant maintainability
News ID: 1114 Publish Date : 2017/04/14
World’s largest steel producing group of companies– ArcelorMittal –expanded its cooperation with Iran in 2016 by increasing steel product shipments to the country.
News ID: 1013 Publish Date : 2017/03/05
Iranian buyers now prefer locally produced flats, as their prices are more competitive compared to those of imported material.
News ID: 913 Publish Date : 2017/01/25
ArcelorMittal awarded Danieli Service the contract for the revamping of the entry section of its existing picking line in Fos sur Mer, France.
News ID: 838 Publish Date : 2017/01/07
Danieli to supply a major finishing-end upgrade to improve safety, enhance product quality, product yield and productivity.
News ID: 583 Publish Date : 2016/09/03
Iran is among countries the European Union has threatened to hit with tariffs to check their exports of hot-rolled flat iron and alloy and non-alloy steel products to the continent.
News ID: 514 Publish Date : 2016/08/09
Production of 3rd generation advanced high-strength steel grades (AHSS) for the automotive industry
News ID: 482 Publish Date : 2016/07/26
Matteo Meneghello :
At the moment, Turkey’s Erdemir remains out of the consortium. In the past days, in a statement to a local television, Managing Director Ali Pandir said that the company's board “had not obtained enough information” to decide on the participation in the competitive bid within the set time. It is not excluded that the Turks can enter later on, taking over shares from the original proponents.
News ID: 412 Publish Date : 2016/07/01