Tata Steel may dispute Libertys Bhushan bidWed, 25 Apr 2018 00:00:00 GMT
Liberty House had submitted a resolution plan for Bhushan Power SOTN-REMOVE Steel on February 20, although the last day of submitting bids was February 8.
UK Stocks-Factors to watch on April 23Mon, 23 Apr 2018 04:35:00 GMT
Samarco iron ore mine is jointly owned by Vale and BHP . * FIDESSA: British financial trading systems firm Fidessa has ditched a takeover by Swiss banking software business Temenos in favour of a 1.5 billion-pound ($2.10 billion) deal with rival bidder Ion.
NCLT asks Bhushan Steel creditors to consider Liberty House bidMon, 23 Apr 2018 00:00:00 GMT
The tribunal's order came over a petition filed by Liberty House, challenging the rejection of its bid by the RP for Bhushan Power and Steel on account of late submission.
Bhushan Power SOTN-AND Steel sale: NCLT asks lenders to consider ...Mon, 23 Apr 2018 00:00:00 GMT
The National Company Law Tribunal (NCLT) today asked the lenders of Bhushan Power SOTN-AND Steel, led by PNB, to consider the bid submitted by UK-based Liberty House for the debt-ridden company. Allowing the plea of Liberty House, the tribunal has directed the committee of creditors (CoC) to complete its resolution proceedings by June 23.
Major North Sea order accelerates Liberty pipe mills comebackWed, 28 Mar 2018 00:00:00 GMT
Libertys mission to reinstate Hartlepool pipe mills as a global force in the oil and gas sector has taken a big step forward with the news that the plant has secured a multi-million-pound order from Subsea 7 to provide large diameter steel pipe for Statoils Snorre Expansion Project off the coast of Norway.
Temporary Exemption From Trump Steel Tariffs Is Step In Right ...Thu, 22 Mar 2018 00:00:00 GMT
Commenting on reports that the EU is set to secure a temporary exemption from the Trump steel tariffs, Member of Parliament for Aberavon, home of the Port Talbot steelworks, Stephen Kinnock, said: Steelworkers across the UK and Europe will sigh with relief if it is confirmed that the EU have secured a temporary exemption from the Trump tariffs, but we are by no means out of the woods yet. Continue reading
Liberty acquires Florida-based scrap business Export MetalsMon, 19 Mar 2018 00:00:00 GMT
The British GFG Alliance has announced the purchase of Florida-based scrap business Export Metals by GFG member company, Liberty Recycling.
Could Trump tariffs damage US steelWed, 14 Mar 2018 04:17:37 GMT
For aluminium, it's 42%. That still leaves a lot of metal potentially affected by the tariffs. For steel, the biggest supplier not yet exempted is Brazil, followed by South Korea and Russia. The UK comes in 17th, with several other European countries in ...
Prime Minister Found Wanting As Trump Steel Tariff Executive ...Fri, 09 Mar 2018 00:00:00 GMT
Commenting on Trump's Executive Order confirming 25% tariffs on British steel imports to the USA, Stephen Kinnock, Member of Parliament for Aberavon, home of the Port Talbot steelworks said, President Trump's signing of an Executive Order imposing steel tariffs is a milestone moment for the future of the British steel industry, and for the future of the rules-based global economy. And once again, our government and Prime Minister have been found wanting. Continue reading
Donald Trump signs order imposing tariffs on steel and aluminium ...Thu, 08 Mar 2018 16:12:00 GMT
But the order, which would go into effect in 15 days, could hit South Korea, China, Japan, Germany, Turkey and Brazil. The UK steel industry has said that tariffs would have a profound impact on their business and the British Prime Minister has ...
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