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Rio Tinto Declares Force Majeure at Richards Bay Minerals
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Rio Tinto has declared force majeure on customer contracts at Richards Bay Minerals in South Africa due to an escalation in the security situation at the operations. |
Mr Gupta in Talks with Glencore over Loan for Aluminium Business
Mr Sanjeev Gupta is negotiating with Glencore to refinance its European aluminum business debt to remain in control of one of his best assets. |
India Starts Anti Dumping Probe on Import of Electrogalvanized
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India’s Director General Trade Remedies announced that American Precoat Speciality Private Limited has filed for initiation of anti-dumping investigation concerning imports of Electrogalvanized originating in. |
Saarstahl Inks Provisional Deal to Buy Liberty Ascoval & Hayange
A provisional deal reached between Liberty Steel and Germany’s Saarstahl. |
Chinese Steel Mills Expect Strong Profit in H1 of 2021
China’s steel makers expect profits to bounce back for the first half of the year to mirror rising steel prices. |
Tata Steel Highlights Major Focus Areas for FY 2021-22
Tata Steel in Annual report for 2020-21 said that “Strengthening the Balance Sheet continues to be the enterprise strategy of the Company. |
BHP: first shipment of ore from South Flank destines for China Baowu
BHP: first shipment of ore from South Flank destined for China Baowu. |
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