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While Bhushan Steel is in default of Rs 44,478 crore to banks, Essar Steel owes Rs 37,284 crore and Electrosteel Steels Rs 10,273.6 crore. (Representational image)

Essar Group, Tatas, ArcelorMittal bid for Essar Steel

Essar Steel is among the largest single location steel producers with a 10 MTPA liquid steel capacity.

29 Oct 2017 6:52 PM IST

NCLAT has directed the resolution professional, committee of creditors and NCLT not to pass any order in the matter related to insolvency resolution of Essar Steel.

NCLAT asks resolution professional, NCLT to hold order on Essar Steel

NCLAT would conduct daily hearing from July 23 on the matter.

22 May 2018 4:04 PM IST

Consensus on SAIL, ArcelorMittal JV likely to be reached in 2 months

The JV will also focus on producing specialised grade steel products for defence, space and automobiles.

6 Aug 2017 6:21 PM IST

Arcelor Mittal reports USD 1 billion profit

The company also reported a rise in net debt to USD 12.1 billion during the period.

12 May 2017 2:13 PM IST