Steel company

Share Bazaar Live: Government soon impose MIP on steel companies

The government soon impose MIP i.e. Minimum Import Price on steel companies. To know more about this watch the full video.

Dec 11, 2015, 11:38 AM IST

ArcelorMittal's net loss widens to $728 million, cuts capex to $3 billion

The company, controlled by NRI billionaire Lakshmi Mittal, had reported a net loss of USD 205 million in the year-ago period, it said in a statement.

May 07, 2015, 12:43 PM IST

ArcelorMittal cuts R&D expenses by 4% at $259 mn in 2014

The NRI-billionaire Laxmi Mittal led company had reported R&D expenditure of USD 270 million in the year-ago period, ArcelorMittal said in a report.

Apr 21, 2015, 15:58 PM IST

ArcelorMittal narrows Q4 loss to $955 mn

The company, controlled by NRI billionaire Lakshmi Mittal, had reported USD 1.2 billion net loss in the October-December quarter of the last year, it said in a statement.

Feb 13, 2015, 17:59 PM IST

ArcelorMittal, Gerdau sell US steel mill for $770 million

Gallatin Steel is a joint venture between ArcelorMittal and Gerdau.

Oct 09, 2014, 13:57 PM IST

SAIL eyes majority stake in Neelachal Ispat

NINL also produces LAM coke used by the steel industry. It has a 62.5 MW captive power plant to meet captive needs.

Aug 05, 2014, 15:35 PM IST

SAIL may invest Rs 1.5 lakh cr for raising capacity

SAIL is raising its hot metal capacity to 23.4 mtpa from 13.8 mtpa now with Rs 72,000 crore investment. Expansions are at the advanced stages of implementation.

Jul 30, 2014, 19:08 PM IST

India likely to sell 5% stake in SAIL: Sources

The sources declined to be named as they were not authorised to speak to the media before a government announcement.

Jul 03, 2014, 15:13 PM IST