Steel Times International News
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Greybull announces £400 million rescue plan for 'British Steel'
The good news for employees of Tata Steel UK’s Long Products Europe division, based in Scunthorpe, is that Greybull Capital, a British-based family investment business, has, according to an announcement just released, reached a binding sale and purchase agreement to buy the business in North Lincolnshire.
11 April 2016 -
POSCO's patience runs out over Odisha steel plant project
A report by India’s Business Standard claims that ‘project proponents’ are allowed to ask for five-year extensions to environmental clearances and these are routinely granted in most cases.
11 April 2016 -
Liberty Steel reports positive meeting with UK government
Sanjeev Gupta, executive chairman of Liberty House Group, has met with Secretary of State Javid in London today to discuss the way forward for Tata Steel UK, ahead of Mr Javid's meeting with Tata Steel in India.
05 April 2016 -
Latin American trade deficit with China reaches US$31 billion
Declining Latin American exports of raw materials and a corresponding growth of steel products imports from China are to blame for a US$31 billion trade deficit recorded for 2015 – up 21% on 2014.
05 April 2016 -
NLMK doubles container deliveries of electrical steel
Russian steelmaker NLMK doubled the volume of container deliveries of electrical steel to 100kt in 2015. By expanding the range of its container cargo handling operations, the company saved roughly 110 million rubles, it is claimed.
05 April 2016 -
Furnace revamp a success, claims ArcelorMittal
The German SMS group has received the final acceptance certificate for its revamp of a walking beam furnace from ArcelorMittal Asturias, Spain, in October 2015.
05 April 2016
