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Moulding of a mega steel merger

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BusinessLine Earlier this week, top executives at Tata Steel and German industrial conglomerate ThyssenKrupp gathered in Brussels to mark the long-awaited merger of their European steel assets – spread across Germany, the Netherlands and Britain – to create a ... More »

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Tata Steel to be junior partner, post ThyssenKrupp merger

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BusinessLine Tata Steel and ThyssenKrupp are close to finalising the terms of a long-awaited merger, paving the way for the creation of Europe’s second largest steel company after ArcelorMittal. The deal is expected to be concluded within days, various British... More »

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Steel on a structural mend

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BusinessLine   After a prolonged hiatus, the steel sector’s fortunes have started to look up as domestic demand revives and resolution of stressed assets referred to the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code gathers pace... More »

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Global excellence can be a ‘steel’

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BusinessLine India’s growing economic dynamism requires a productive and best-in-class steel industry that will help push growth to the 8-10 per cent region. On one hand, we are seeing tempering of demand in countries such as China, slow abatement of global ov... More »

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Brexit may strengthen EU’s steel sector

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BusinessLine The UK is trying to dilute Europe’s anti-dumping rules in order to please its trade partners, imperilling its own steel industry January 19, 2018:   In early 2016, the British government, then led by David Cameron, faced criticism from politicians... More »

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Steel fortunes to shape nickel outlook

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BusinessLine Stainless steel production forecast to grow at 2.7 per cent this year The world nickel market is currently buffeted by demand and supply forces; but the demand side seems to have an edge.Although nearly two-thirds of global consumption demand for ... More »