Tags - Arcelor Mittal
Chinese HRC export offers continue to remain downside - Chinese HRC exports offers witnessed slight correction by USD 5/MT on weekly basis due to slow demand from overseas buyers.
News ID: 5857    Publish Date : 2019/08/08

Chinese HRC export offers inch down over ample supply- This week Chinese HRC exports offers witnessed slight correction amid availability of increased stock levels both in domestic and overseas market. Thus overseas buyers are reluctant to purchase over expectation of further decline in prices on the back of volatile futures.
News ID: 5689    Publish Date : 2019/08/02

SteelMint learned from market sources that Essar Steel having the steel making capacity of 10 MnT has witnessed the growth of 10% in its crude steel output in FY19.
News ID: 4302    Publish Date : 2019/04/11

Market sources shared with SteelMint that imported HRC offers to Vietnam have inched down this week by USD 5/MT. Disparity between HRC export offers from mills in China, India and lower bids resulted to slowdown in buying activities from Vietnam.
News ID: 4120    Publish Date : 2019/03/22

In a recent update on Essar Steel’s insolvency case, after the Ahmedabad bench of NCLT (National Company Law Tribunal) announced its decision in favour of Arcelor Mittal last week, the three directors of board of Essar Steel on Monday approached the National Company Law Appellate Tribunal (NCLAT) against this decision of NCLT.
News ID: 4084    Publish Date : 2019/03/19

According to reports, UK headquartered Arcelor Mittal is planning to build up a new integrated steel facility of capacity 3-6 MnT at Paradip port in Odisha. Only recently Arcelor Mittal has received approval from the Essar Steel’s lenders to take over the company with its resolution plan of INR 42,0000 crore.
News ID: 2782    Publish Date : 2018/12/02