Arcelor News Monitoring

Arcelor Mittal, Government of Liberia ‘Owe’ Nimba Community College Us$627,000 In Liabilities - Front Page Africa

Sanniquellie, Nimba County – The president of the Nimba County Community College (NCCC) has disclosed that the Government of Liberia, the county administration and ArcelorMittal are in US$627,000 debt with the college. The disclosure was made by the …

Photo: The glow of Arcelor

Lenders reject Arcelor’s bid to buy Essar firm at 93% discount

EPC Constructions likely to receive fresh bids by Tuesday. Lenders to EPC Constructions India Ltd, an Essar group firm, have called for fresh bids after rejecting an offer from ArcelorMittal SA because they found it too low, said a banker aware of the …

Holding firm's offer on Essar violates SC order: creditors, Arcelor to NCLT

While Essar Steel’s hearing in the Ahmedabad bench of the National Company Law Tribunal (NCLT) was deferred till December 13, the insolvent company’s committee of creditors (CoC) on Monday argued that the settlement proposal made by its 72 per cent holding …

Standard Chartered Bank moves NCLT against CoC selecting Arcelor for Essar Steel

Standard Chartered Bank has filed an interlocutory application in the bankruptcy court against a panel of lenders selecting ArcelorMittal to takeover debt-ridden Essar Steel, saying the decision was "illegal" and was taken without considering its …

‘Arcelor Mittal Is Going No Where’- Says Executive

November 23, 2018 Cholo Brooks Other News 0 The management of Arcelor Mittal Liberia through its Corporate Communication Office has refuted reports that it has shut down or is intending to shut down its operations in Liberia. The company’s head of …

Tata steel, JSW have a plan to take on Arcelor

MUMBAI: India's two biggest private sector steel companies JSW Steel Ltd and Tata Steel Ltd are banking on their diversified product mix to take on steel giant ArcelorMittal SA as it gears up to enter the country. In October, creditors of bankrupt …

Creditors move NCLT against Arcelor takeover of Essar Steel

Arcelor Mittal Profit Falls In Q3

Arcelor Mittal (MT) reported a profit for third quarter that dropped from the same period last year. The company's bottom line totaled $0.90 billion, or $0.88 per share. This compares with $1.21 billion, or $1.18 per share, in last year's third …

Liberty House to buy 3 more EU plants from Arcelor

Naomi Canton Billionaire PIO steel tycoon Sanjeev Gupta has struck a deal to purchase three more European steel plants from ArcelorMittal. Gupta’s Liberty Steel announced on Friday plans to expand its steel production capacity in Europe by buying two steel …

Arcelor a nod away from biggest steel prize

MUMBAI: ArcelorMittal has agreed to pay a total of Rs 50,000 crore, including a Rs 8000-crore capital infusion, to acquire Essar Steel, as bankers started voting on its offer. Electronic voting started at 4 pm Tuesday. Banks have 24 hours to support or …

After Arcelor Essar Steel bid win, billionaire Lakshmi Mittal eyes grand India foray

The move by lenders comes after Arcelor on Wednesday agreed to clear about 74.69 billion rupees ( billion). Lenders for Essar Steel India Ltd., the biggest steel mill on the block under India’s new bankruptcy law, have selected ArcelorMittal as the …

Arcelor to clear $1bn in loans as Essar Steel deadline nears

Mumbai — ArcelorMittal has agreed to pay off loans for two group companies in India to be eligible to bid for the indebted Essar Steel India as the steel maker seeks a foothold in a market that is poised to be the second-biggest producer of the alloy. The …

Essar Steel lenders pick Arcelor as highest bidder

MUMBAI: ArcelorMittal said on Friday that it has been selected as the highest bidder to buy Essar Steel, ending months of speculation on which bidder will clinch the deal. The $69-billion ArcelorMittal, the world’s leading alloy player, and Anil Agarwal’s …

Essar Steel: CoC dumps Ruias' Rs 543 bn offer, chooses Arcelor's Rs 420 bn

With lenders picking ArcelorMittal for Essar Steel takeover, the debt-laden company on Friday said the committee of creditors should consider the Rs 543.89 billion offer made by promoters to clear all outstanding dues as it offers maximum value to all …

Essar Steel lenders settle for Arcelor

ArcelorMittal chairman and CEO LN Mittal New Delhi: The world’s largest steel maker, ArcelorMittal, on Friday said it had been chosen by lenders to takeover debt-laden Essar Steel for around Rs 42,000 crore. Also read: ArcelorMittal entry set to heat up …

Essar Steel: Arcelor to pay Rs 7,469 crore to qualify for bid

Liberty House set to buy Arcelor's 4 plants in EU

Global High-Strength Low-Alloy Steel Sales Market 2018 Trending: Arcelor Mittal, Ansteel, Baosteel, All Metals & Forge ...

As per a new research report titled Global High-Strength Low-Alloy Steel Sales Market Report 2018, the forenamed market delivers extensive analysis of market trends and shares. It’s an insightful data for all the players operating in the market. The report …

Gibson Public Relations Introduces New Client Dr. Darjene Graham-Perez

GPR Introduces New Client Dr. Darjene Graham-Perez BEVERLY HILLS, CA, USA, January 22, 2019 /⁨EINPresswire.com⁩/ -- For Immediate Release: Contact: Gail@GibsonPublicRelations.com (323) 799-6266 Gibson Public Relations Introduces …

The Gandhi Murder Shall not be released in India

The producers of The Gandhi Murder have decided against releasing the movie in India, citing security concerns. NY, --, USA, January 22, 2019 /⁨EINPresswire.com⁩/ -- “Our Co-Producer Ms. Lakshmi Iyer has been threatened, forcing her to change her …

Immigration Attorney Michael P. DiRaimondo to be Featured on CUTV News Radio

NEW YORK, NEW YORK, UNITED STATES, January 22, 2019 /⁨EINPresswire.com⁩/ -- Michael P. DiRaimondo is more than just a successful lawyer with many years of experience—he is a passionate advocate who fights tenaciously to help his clients stay here …

Altrice Investment Co. Limited – Asian Markets Cautious – IMF Downgrade and Brexit Worries

Asian shares and U.S. stock futures slipped on Tuesday as pessimism about world growth drove investors away from risky assets. CENTRAL, HONG KONG, HONG KONG, January 22, 2019 /⁨EINPresswire.com⁩/ -- Sterling dithered as the latest plan for Brexit …

A vote for energy is a vote for a prosperous Alberta: CAPP Alberta Energy Platform

CALGARY, Alberta, Jan. 22, 2019 (GLOBE NEWSWIRE) -- Alberta has an opportunity to become one of the most attractive places in the world for oil and natural gas investment, but only if Albertans vote for energy in the next provincial election, and insist …

State Visit of President of South Africa to India (January 25-26, 2019)

Download logo At the invitation of Shri Narendra Modi, Prime Minister of India, His Excellency Cyril Ramaphosa, President of South Africa will undertake a State Visit to India on 25-26 January 2019 as a State Guest of Honour for Republic Day 2019. …

Visit of Prime Minister of Republic of Mauritius to India as Chief Guest at 15th Pravasi Bharatiya Divas

Download logo The Prime Minister of Republic of Mauritius H.E. Mr. Pravind Jugnauth is on Official Visit to India from 20-28 January 2019 as the Chief Guest at the 15th Pravasi Bharatiya Divas (PBD) Convention being held in Varanasi. He is accompanied by …

UK aid protects thousands from extreme weather as ‘mega storms’ tracked across Africa

Download logo UK aid, from DFID, is driving British-led analysis from the UK Centre for Ecology & Hydrology in Oxfordshire and other global experts to track these storms, how powerful they are becoming, and why they are occurring more regularly. This …

Newly Launched Secure Work Coalition Aims to Help Americans With Disabilities Return to Work

Washington, D.C., Jan. 22, 2019 (GLOBE NEWSWIRE) -- The Secure Work Coalition officially launched today with the goal of protecting and improving Social Security work incentive and benefits counseling programs that help beneficiaries of disability programs …

Fraser Institute News Release: Prime Minister Trudeau now owns the two highest-spending years in Canadian history ...

VANCOUVER, British Columbia, Jan. 22, 2019 (GLOBE NEWSWIRE) -- Prime Minister Justin Trudeau has now recorded the two years with the highest levels of per person government spending in Canadian history, outside of wars or recessions, finds a new study …

The Nairobi Summit to advance the implementation of the International Conference on Population and Development Programme ...

Download logo The Government of the Republic of Kenya and the United Nations Population Fund (UNFPA) today announced the convening of a high-level conference to advance the implementation of the International Conference on Population and Development (ICPD) …

Norwegian Refugee Council (NRC) Statement: Nigerian Refugees Fleeing to Cameroon Cannot Be Sent Back

Download logo Statement by Eric Batonon, Nigeria Country Director for the Norwegian Refugee Council: “The Norwegian Refugee Council calls for Nigerian and Cameroonian authorities to provide immediate assistance to thousands of Nigerian civilians fleeing …

International Tourist Arrivals Reach 1.4 billion Two Years Ahead of Forecasts

Middle East (+10%) and Africa (+7%) grew above the world average while Asia and the Pacific and Europe grew at 6%; 2018 totalled 1.4 billion international tourist arrivals (+6%), consolidating 2017 strong results and proving to be the second strongest year …

A Week in the Horn: Ethiopia - Prime Minister Dr Abiy Ahmed met with some 60 Ethiopian Ambassadors and Diplomats

Download logo Prime Minister Dr Abiy Ahmed met with some 60 Ethiopian Ambassadors and diplomats on Monday (January 14) to discuss the country’s ongoing reforms, the challenges and prospects of contemporary international relations and diplomacy and how to …

CEO of Strategic Centric Solutions, LLC to Visit Ukraine for U.S. Embassy Contract

ALLEN, TEXAS , Jan. 21, 2019 (GLOBE NEWSWIRE) -- On Dec. 18, 2018, Strategic Centric Solutions, LLC was awarded its first federal contract. The purchase order, valued at $39,546.10 was for 500 tablets and 700 tablet cases for the U.S. Embassy in Ukraine. …

Egypt shares its education reform vision in London

Download logo His Excellency Minister of Education Tarek Shawky headed the high-ranking Egyptian delegation is headed by. The delegation includes Deputy Minister for Teacher Affairs Dr. Mohamed Omar, as well as senior advisors at the ministry. The …

Communiqué on the Democratic Republic of the Congo

Download logo The African Union Commission takes note of the decision of the Constitutional Court of the Democratic Repubic of the Congo proclaiming the final results of the presidential and national and provincial and legislative elections of 30 December …

Specialist risk consultancy Control Risks’ Nairobi-based team available for analysis of 14 Riverside attack

Download logo Specialist risk consultancy Control Risks (www.ControlRisks.com) is supporting its national and international clients with the response to the 15 January terrorist attack at the 14 Riverside Drive complex in the Westlands district of Nairobi. …

President Trump says US - Liberia ties "Stronger Now Than Ever" - Accepts Credentials of Ambassador Pattern

Download logo United States President Donald Trump says he is committed to working with the Government of Liberia to advance our common agenda and deepen the strong and abiding friendship between our two countries. The American President statement was made …

Ten UN peacekeepers killed in a terrorist attack in northern Mali

Download logo The UN Secretary-General, António Guterres, strongly condemned the deadly attack which killed ten peacekeepers from Chad and injured at least 25 others. “MINUSMA forces responded robustly and a number of assailants were killed,” a statement  …