UK Steel Industry News

Liberty Steel Georgetown continues preparations for restart
Mon, 21 May 2018 00:00:00 GMT
Liberty Steel USA preparations for the restart of Georgetown wire mill, South Carolina, will reach another milestone this week (21st May) with the arrival of new general manager, Revansidha Rohit Gulve, who is joining the operation from Gerdau Steel in Beaumont, Texas.


Rotherham steel trainee scoops top UK apprentice award
Tue, 15 May 2018 00:00:00 GMT
South Yorkshire steel apprentice Joseph Briggs of Liberty Speciality Steels has won the coveted national title of Metals Industry Apprentice of the Year 2018.


Tata Steel moves NCLAT against ruling allowing Liberty House ...
Wed, 09 May 2018 00:00:00 GMT
Liberty House submitted a bid for Bhushan Power SOTN-REMOVE Steel on February 20, well past the deadline for making binding offers for the company.


Barclays recommends BHP Billiton over Rio Tinto
Fri, 04 May 2018 09:42:00 GMT
Assets include Cerro Colorado, Nickel West, UK & Algeria petroleum, Samarco, Cerrejon and Mt Arthur, they said. They also suggested that the company could ration commodity supply of iron ore, as Rio Tinto has successfully done with iron ore, because the ...


Strong growth predicted for Speciality Steel business
Tue, 01 May 2018 00:00:00 GMT
Production from major South Yorkshire speciality steel plants has soared by an impressive 63% since being acquired by fast-growing global metals and industrials group, Liberty House part of Sanjeev Guptas GFG Alliance - a year ago.


Liberty House trumps Tata Steel bid for Bhushan Power
Fri, 27 Apr 2018 00:00:00 GMT
The committee of creditors of Bhushan Power and Steel met today to open Liberty House's bid for the company after directions from the National Company Law Tribunal.


Tata Steel may dispute Libertys Bhushan bid
Wed, 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 23
Mon, 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 bid
Mon, 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.


Number of news reports: 10