The government said it had committed up to £2.5bn to "rebuild" the country's steel industry. The two new furnaces are set to ...
On Wednesday, Wolfe Research changed its stance on Reliance Steel & Aluminum (NYSE:RS), moving the rating up from Underperform to Peer Perform following a notable decline in the company's share price.
The steelmaker will commission its new $1-billion production line in March. Currently, car companies in India consume about 8 ...
The Sensex and Nifty both ended in the red, marking a significant decline. The Sensex fell 0.55 per cent or 423.49 points to ...
Union Minister HD Kumaraswamy met with Andhra Pradesh officials in Delhi to discuss a new steel plant by ArcelorMittal Nippon ...
Donald Trump has promised to safeguard American steel manufacturing. The Nippon-U.S. Steel deal is not as good for the industry as it looks.
The Chinese company behind British Steel, Jingye, is poised to ditch its plan to build an electric arc furnace (EAF) at Lackenby, near Redcar, according to the Sunday Times, external. The move ...
Richard Tice, Reform Party MP for Boston and Skegness, challenged the Ministry of Defence’s reliance on foreign steel suppliers, urging the Government to prioritise manufacturers such as British Steel ...
Presented as a step toward self-reliance, the measure to impose temporary restrictions on the import of low-ash metallurgical ...
While RS faces pricing and demand headwinds, it benefits from resilient business model and actions to drive growth through acquisitions.
The Insolvency and Bankruptcy Code (IBC), introduced in 2016, was designed as a robust framework to address corporate ...