हिन्दी मराठी বাংলা தமிழ் മലയാളം ગુજરાતી తెలుగు ಕನ್ನಡ ਪੰਜਾਬੀ

Steelmaker

ArcelorMittal to pay $110 million fine for price fixing in South Africa

Steelmaker ArcelorMittal has agreed to pay a $110-million (88-million-euro) fine for illegal price fixing in South Africa, the country`s competition watchdog announced Monday.

Aug 22, 2016, 19:04 PM IST

Citigroup cuts long-term iron ore forecast to $55 as demand shrinks

Global demand for the steelmaking commodity is likely to decline by more than 60 million tonnes between 2018 and 2025, said Citigroup,

May 27, 2015, 10:35 AM IST

POSCO Q1 profit up 20%, low iron ore costs outweigh weaker steel prices

That compared with 518 billion won in operating profit in the same period a year earlier, and 632 billion won in the October-December quarter.

Apr 21, 2015, 13:00 PM IST

Banks may extend Bhushan Steel's nearly $6 bn loan

Banks owed nearly $6 billion by Bhushan Steel Ltd could extend the maturity of the steelmaker`s debt under a Reserve Bank of India scheme that would spare the lenders from booking hefty provisions, bankers said.

Mar 18, 2015, 20:34 PM IST

Posco Q2 profit jumps 102.6%

The company said global steel demand would rise three percent this year thanks to fast recovery in advanced markets including the United States.

Jul 24, 2014, 13:26 PM IST

ArcelorMittal mulls bid for Italian steelmaker Lucchini

ArcelorMittal, the world`s biggest steelmaker, is considering making an offer later this month for Italy`s second largest steel producer Lucchini, according to Italian union CGIL FIOM.

Jul 05, 2014, 01:52 AM IST