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South Asia Steel Sector News

India, Pakistan, Bangladesh - Steel News

India should be wary of taking lessons from Trumpian style of ...
Wed, 14 Mar 2018 00:00:00 GMT
Steel magnate Sajjan Jindal who chairs JSW Steel has reponded by asking the Indian government to replicate US in the imposition of tariffs to protect its own steel producers.

Trumps higher steel duty potential bane to BBB
Mon, 12 Mar 2018 09:00:00 GMT
It imports steel and aluminum from over 110 countries and territories, of which the top sources are Canada, Brazil, South Korea, Mexico, Russia, Turkey, Japan, Taiwan, Germany and India. It also imports from China, Thailand, South Africa and the United ...

Company law court drill begins for control of insolvent Electrosteel ...
Thu, 08 Mar 2018 20:51:00 GMT
challenging the eligibility of Vedanta Ltd and Tata Steel as resolution applicants to take over Electrosteel Steels Ltd (ESL). K.R. Jinan, the judicial member of NCLT's eastern regional bench, has asked the respondents to file counter submissions by March ...

Court drill begins for ESL control
Thu, 08 Mar 2018 11:55:00 GMT
challenging the eligibility of Vedanta Ltd and Tata Steel as resolution applicants to take over Electrosteel Steels Ltd (ESL). K. R. Jinan, the judicial member of NCLT's eastern regional bench, has asked the respondents to file counter submissions by March ...

Tata steel identified as highest bidder for Bhushan Steel
Wed, 07 Mar 2018 00:00:00 GMT
Apart from Tata Steel, other players that had submitted bids for the asset were JSW Steel, as well as a group of employees in a tie-up with a private equity firm.

Dalmia company Renaissance Steel questions Vedanta, Tatas bid
Wed, 07 Mar 2018 00:00:00 GMT
The Dalmia firm has claimed that it came to know that two RAs Vedanta and Tata Steel are not eligible to bid according to Section 29A of the IBC later.

Liberty confirmed as preferred H1 bidder for Amtek Auto India
Wed, 07 Mar 2018 00:00:00 GMT
Liberty House, part of Sanjeev Gupta's global industrial group GFG Alliance, is set to make a dramatic entry into India after being chosen as preferred H1 bidder for Amtek Auto Pvt Ltd assets which include 35 automotive component plants across India, Japan, Thailand and Spain, employing some 6,000 people

Final call on JSW-AION bid for Monnet Ispat likely in fortnight
Tue, 06 Mar 2018 00:00:00 GMT
The resolution plan submitted jointly by JSW Steel and AION Capital was the only offer that Monnet Ispat and Energy received by December 23 -- the last date for submission of the bids for the company.

ArcelorMittal safe from Trump's import tariff hike: Moodys Investor ...
Tue, 06 Mar 2018 00:00:00 GMT
ArcelorMittal, the worlds largest steel company, recently put in a bid in joint venture with Nippon Steel to acquire Essar Steel in India.

Global Iron Oxide Market Status and Prospect, Forecast 2018 to ...
Mon, 05 Mar 2018 08:42:00 GMT
Increasing adoption of iron oxide from plastic industry, steel industry, cosmetic industry ... Jiangsu Yuxing Industry and Trade Co., Ltd., Hunan Three-ring Pigments Co., Ltd., Yaroslavsky Pigment company, and Tata Pigments Ltd. Prudour Pvt.

SAIL February Growth Soars 9%, To Ramp Up Production
Sat, 03 Mar 2018 00:00:00 GMT
SAIL is looking to ramp up its production after achieving 9 per cent growth in crude steel production to 1.272 million tonnes in February over the corresponding period last yea

ArcelorMittal forms a JV with Nippon for Essar Steel
Sat, 03 Mar 2018 00:00:00 GMT
Under the agreement, both companies are poised to jointly acquire the Ruia family's steelmaking asset in Hazira, Gujarat, if ArcelorMittal wins the bid.

Electrostatic Precipitator Market - U.S. to hit US$1 billion ...
Thu, 01 Mar 2018 08:26:00 GMT
Major participants in the industry are GEECO Enercon Ltd, Siemens AG, Ducon Technologies Inc., Fujian Longking Co. Ltd., Total Air Pollution Control, Thermax Ltd. (India), Hamon Corporation (U.S.), Babcock & Wilcox Enterprises, Clean Tunnel Air ...

Essar steel holds key to Arcelors India entry
Wed, 28 Feb 2018 02:41:00 GMT
The asset offers an entry point for India-born Mittal into a market where he has been absent even as he built a global steel empire from Kazakhstan to Brazil. We think we are in a good position to bring the asset to full potential in operative terms ...

Creditors to take final call on JSW-Aion Capital bid for Monnet ...
Tue, 27 Feb 2018 00:00:00 GMT
The resolution plan for Monnet Ipsat proposed by the Aion Capital-JSW Steel consortium is being reviewed by legal advisors presently.

Bhushan insolvency process: NCLT asks RP to submit stand on Liberty ...
Mon, 26 Feb 2018 00:00:00 GMT
UK-based Liberty House is also keen to buy Bhushan Power and Steel, for which the Tatas have emerged the highest bidder at Rs 24,000 crore.

Trump is said to favour stiffest US steel and aluminium tariffs
Sun, 25 Feb 2018 09:53:00 GMT
Alternatively, the president could slap a tariff of at least 53% on steel imports from a select number of countries, including China, India and Brazil, while other countries would have their shipments capped at the amount they exported to the US last year.

Australia faces nervous wait over US steel tariffs
Sun, 25 Feb 2018 08:31:00 GMT
It proposes harsher steel tariffs of 53 per cent on imports from a list of 12 countries including China, Brazil, India, South Africa and Vietnam. aluminium would face a 23.6 per cent tariff for products from China, Russia, Venezuela and Vietnam.

Officials, Steel Industry Groups React to US Agencys Tariff Recommendations
Thu, 22 Feb 2018 02:27:00 GMT
Numerous US steel mill closures, a substantial decline in employment ... That tariff would be set at a minimum of 53 percent, and would target countries such as Brazil, China, India, and Korea, among others. The third option on the table would impose ...

Liberty's bid rejected; Tatas all set to bag Bhushan Power
Wed, 21 Feb 2018 00:00:00 GMT
The lenders' refusal to entertain Liberty's late bid means that Tata Steel now the clear leader in the race to buy out the unlisted Bhushan Power SOTN-REMOVE Steel.

Number of news reports: 20

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