27 Jul 2016 -
Bain Capital, the investment firm that was founded by former Republican presidential nominee Mitt Romney, is among a consortium of lenders looking to acquire Canada’s Essar Steel Algoma, reports the online SooToday.com
12 Jul 2016 -
The United Steelworkers union said it will not support Essar Steel Algoma’s tentative sale to a private equity firm and instead is pushing for an alternate deal, one with the steelmaker’s former owner.
11 Jul 2016 -
Tata Steel cannot guarantee that the U.K.’s largest steelmaking facility has a future ahead of it, even if it is able to sign a joint venture agreement for its strip business, reports The Guardian newspaper.
06 Jul 2016 -
Steelmaking facilities at Tata Steel’s new integrated mill in India have been successfully commissioned, according to machine and mill builder SMS group.
13 Jun 2016 -
In the face of a weak steel market, Mitsubishi Heavy Industries Ltd. is looking to cut costs at its Primetals Technologies venture, reports the Bloomberg news service.
10 Jun 2016 -
SMS group has won a contract to overhaul two continuous slab casters at an ArcelorMittal sheet mill in Spain, the company has announced.