Latest News on Nippon Steel
Showing of 0 - 10 from 11 results
Nippon Steel - Total results - 11
Mar 15, 2019
Pay all bad loans first, then we will consider your resolution package for Essar Steel: NCLAT to RuiasThe NCLAT also asked ArcelorMittal why it could not offer more for Essar Steel, which is worth of about Rs 54,000 crore, said the report.
Jan 29, 2019
China's HBIS to buy Southeast Asian holdings from Tata Steel; firm eyes to expand overseas capacityNatSteel and TSTH have combined steel production capacity of around 3.7 million tonnes per year and assets in Singapore, Thailand, Vietnam and Malaysia.
Dec 04, 2018
Competition Commission clears Nippon Steel and Sumitomo Metal Corp's 51% acquisition in Sanyo SteelNippon Steel is based in Tokyo and is engaged in the business of manufacture and sales of tubes and pipes and auto parts in India
Nov 01, 2018
ArcelorMittal Q3 net income declines 25% to $900 million; EBITDA increases 42% to $2.7 billionArcelorMittal had posted net income of $1.2 billion in the year-ago period, the firm said in a statement
Sep 20, 2018
Competition Commission of India approves ArcelorMittal's acquisition of debt-ridden Essar SteelEarlier this month, ArcelorMittal had offered Rs 42,000 crore to acquire Essar Steel, upstaging a Rs 37,000 crore bid by Russia's VTB Group-backed Numetal.
Jul 19, 2018
NCLAT reserves order on Numetal and ArcelorMittal pleas over debt-ridden Essar Steel bidsNumetal's eligibility is linked to the shareholding of Arora Enterprises Ltd (AEL), (beneficially owned by Rewant Ruia) which has already exited from Numetal.
Apr 26, 2018
Essar Steel insolvency: Numetal moves NCLAT ahead of lenders' meet, hopes to pre-empt plausible call for fresh bidsAhead of the lenders' meeting on Friday which may ask for fresh bids for the bankrupt Essar Steel's assets, Numetal on Thursday approached the NCLAT
Apr 25, 2018
Essar Steel insolvency: Lenders could seek fresh bids in upcoming meeting; bankers may pick Arcelor over NumetalAs meeting of CoC of Essar Steel, ended inconclusive, there is likely to be a third round of bids in which ArcelorMittal’s offer for will be higher than that of Numetal
Mar 23, 2018
Luxembourg-based ArcelorMittal plans to rebid for Essar Steel in second round of biddingThe SBI-led consortium of creditors had this week rejected the bids by ArcelorMittal and Numetal -- SPV floated by Russian lender VTB Bank and Rewant Ruia -- finding them ineligible under the IBC (Insolvency Bankruptcy Code) laws that debar related parties from bidding
Mar 22, 2018
Lenders reject Numetal, ArcelorMittal bids for Essar Steel; open fresh round of auction by 2 AprilSBI-led consortium of lenders to Essar Steel on Wednesday rejected the bids by both Numetal as well as ArcelorMittal after finding them to be ineligible