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Essar acquires Algoma Steel

Ruias owned Essar Steel on Monday announced that they have agreed to acquire Canadian Algoma Steel for an aggregate value of Canadian $1.8 billion (approx. US $1.58 billion) to be paid in cash.......

Essar Steel lines up $4-bn investment in N America

Money to be spent on acquired firms in Canada and US Essar Steel Holdings, a part of Essar Global, has lined up investments of more than $4 billion (over Rs 18,000 crore) in North America. The......

Why steel is a hot commodity in India

India's steel industry is surging ahead, entering into global deals and taking the country's economy to new heights. The Indian government plans to invest over $350 billion in steel industries......

Essar to acquire US steel firm for Rs 350-375 cr

In its second overseas takeover within three days, Ruias-owned Essar Global on Wednesday signed an agreement to acquire iron ore-rich Minnesota Steel LLC in the United States for an estimated......

Tatas' Corus takeover 'steels' the thunder in 2007

A century ago when India was a British colony, Sir Frederick Upcott, the then chief commissioner of Great Indian Peninsular Railway, vowed to "eat every pound of steel rail" if Tatas succeeded in......

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Algoma Steel

News for Algoma Steel

Essar acquires Algoma Steel

Essar Steel lines up $4-bn investment in N America

Why steel is a hot commodity in India

Essar to acquire US steel firm for Rs 350-375 cr

Tatas' Corus takeover 'steels' the thunder in 2007

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