The Competition Commission of India (CCI) has announced that it has approved the proposed merger between Indian steelmakers Uttam Galva Steels Limited (UGSL) and Shree Uttam Steel and Power Limited (SUSPL). The CCI stated that the ...
Tags: steel, metallurgy
Posco is planning to cooperate with Indian cold roller and galvanizer Uttam Galva Steels Ltd (UGSL) to set a joint venture. Under the joint venture, they will cooperate to build an annual 3 million tons integrated steelworks in Maharashtra ...
Tags: Metallurgy, Mineral, Energy, steel
The US Department of Commerce (DOC) announced Friday the initiation of administrative reviews of antidumping (AD) and countervailing duty (CVD) orders with a December anniversary date. The DOC initiated the following administrative review ...
Tags: steel products, HRC, Steel
India-based Uttam Galva Steels Ltd, one of the largest producers of cold rolled steel and galvanized steel in western India, has announced that it has not received any proposals from the global steelmaker ArcelorMittal, a minority ...
Tags: Steels, cold rolled steel, galvanized steel
PTI quoted Uttam Galva Steels as saying that the steel demand is likely to grow by around 10% in the next financial year. Mr Ankit Miglani deputy MD of Uttam Galva said that "We are expecting a 10% growth in the steel demand in the ...
Tags: Uttam Galva Steels, steel demand, steel market, steel industry
Business Standard reported that the Mr Miglani family, joint owner with ArcelorMittal of Uttam Galva Steels, has completed the acquisition of Lloyds Steel by reconstituting its board. The company is now in talks with private equity ...
Tags: Mr Miglani family, ArcelorMittal of Uttam Galva Steels, acquisition
Economic Times reported that the income tax department carried out a survey last week on two Mumbai based steel companies,after a tip off that these companies have not been offering their full income for taxation. An I-T source said that ...
Tags: ITD, Uttam Galva, Lloyds Steel, Economic Times, Mumbai
Economic Times reported that Uttam Galva group,which recently acquired majority stake in the ailing Lloyds Steel,would turn around the fortunes of the acquired company and planned to double its operating profit in about a year. Mr ...
Tags: Lloyds Steel, Economic
Manila Bulletin reported that Uttam Galva Metallics Ltd has started conducting due diligence on Global Steel Philippines Inc for a planned acquisition of the steel complex in Northern Mindanao. As per report, Mr CSS Rao director ...
Tags: Manila Bulletin, Uttam Galva Metallics Ltd, Global Steel Philippines Inc