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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......

Essar joins race to buy ArcelorMittal's mill

Essar Steel has emerged as one of the potential suitors for the Sparrows Point, Md., mill of ArcelorMittal SA, with leading Russian steelmakers, according to a report. "The most prominent suitors......

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......

Essar may join race for CSN's ore mines

After Tata Steel, Essar Steel is likely to join the race for Brazilian miner and steelmaker CSN's Nacionale Minerios (Namisa), a fully integrated iron ore company. Sources close to the......

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Algoma Steel Industry

News for Algoma Steel Industry

Why steel is a hot commodity in India

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

Essar joins race to buy ArcelorMittal's mill

Tatas' Corus takeover 'steels' the thunder in 2007

Essar may join race for CSN's ore mines

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