Tag: Steel industry news

Tata Steel, BHP to partner on lower carbon iron and steelmaking technology

businessnewstoday- July 20, 2022

Tata Steel has signed a memorandum of understanding (MoU) with Australia-based mining major BHP with an objective to jointly understand and explore lower carbon iron ... Read More

BENTELER Group to sell steel tube plant in Shreveport to Tenaris

businessnewstoday- July 9, 2022

Germany-based BENTELER Group said that it will divest its steel tube plant in Shreveport, Louisiana to Tenaris, a steel pipe products manufacturer and supplier based ... Read More

Tata Steel Long Products accepts DIPAM’s LoA for NINL acquisition

businessnewstoday- February 9, 2022

Tata Steel Long Products said that it has accepted the letter of award (LoA) issued by the Indian government’s Department of Investment and Public Asset ... Read More

Tata Steel to acquire 93.7% stake in Neelachal Ispat Nigam for Rs 12,100cr

businessnewstoday- February 1, 2022

Tata Steel said that its subsidiary Tata Steel Long Products has prevailed in a bidding process to acquire a stake of 93.71% in Neelachal Ispat ... Read More

Ashoka Metcast increases stake in Rhetan TMT to 89.3%

businessnewstoday- January 23, 2022

Ashoka Metcast Limited, an Indian manufacturer of structural steel products, has acquired an additional stake of 3.03% in Rhetan TMT Limited (formerly Rhetan Rolling Mills), ... Read More

Nippon Steel to acquire Thai flat steel producers G Steel and GJ Steel

businessnewstoday- January 22, 2022

Nippon Steel Corporation (NSC) said that it will acquire Thailand-based flat steel producers G Steel Public Company Limited and GJ Steel Public Company Limited to ... Read More

Nucor to build $2.7bn sheet mill in Mason County, West Virginia

businessnewstoday- January 14, 2022

Nucor Corporation has selected Mason County in West Virginia for its nearly $2.7 billion worth new sheet mill that will produce three million tons of ... Read More

JSW Steel produces 14.6 lakh tonnes of crude steel in Nov 2021

businessnewstoday- December 8, 2021

JSW Steel has reported production of 14.6 lakh tonnes of crude steel for the month of November 2021, an increase of 10% compared to 13.32 ... Read More

Hi-Tech Pipes Limited QY FY22 revenue up by 21% to Rs 461cr

businessnewstoday- October 30, 2021

Hi-Tech Pipes Limited has reported a 21% growth in its revenue from operations for the second quarter of the fiscal year 2022 (QY FY22) to ... Read More

thyssenkrupp divests AST stainless steel mill in Italy to Arvedi

businessnewstoday- September 19, 2021

German conglomerate thyssenkrupp (tk) said that it has sold the Acciai Speciali Terni (AST) stainless steel mill in Italy to Italian company Arvedi for an ... Read More