ArcelorMittal stakeholders OK merger finalisation

Monday, November 5, 2007, 17:42 [IST]

Luxembourge, Nov 5: Shareholders in ArcelorMittal , the world's largest steelmaker, gave a last clearance on Nov 5 for the merger between ex-rivals Mittal Steel and Arcelor.

Arcelor shareholders in June 2006 accepted a 26 billion euro ($37 billion) friendly offer from Mittal after an acrimonious takeover battle, but investors representing 6 percent of the stock decided not to tender their shares.

Reuters>

Topics: steel, arcelormittal, lakshmi mittal, investors, mittal steel, sharholders

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Kalinga Nagar Tribals ends 14 mnths road blockade

Friday, March 9, 2007,10:33 [IST]

Bhubaneswar, Mar 09: The tribals of Kalinga Nagar, the steel hub of Orissa, today announced to lift a 14-month road blockade on the Paradeep-Daitari Express Highways from midnight last night putting at rest all speculation of use of force to carry out the High Court order.Bisthapan Birodhi Janamanch, the tribal outfit spearheading the agitation, against land acquisition for industry purposes in Kalinga Nagar ever since 13 tribals were killed in Police firing on January 2 last year,took the decision.....

Kobe in talks with Indian firm on steel plant tech

Wednesday, May 23, 2007,8:34 [IST]

Tokyo, May 23: Kobe Steel Ltd, Japan's fourth-biggest steel maker, said on Wednesday it is in talks with India's Chowgule Group over the use of its steel-making technology. A Kobe spokesman said the two parties could agree on building a 500,000 tonnes-a-year steel plant using the technology in India, but it was also possible that Kobe would only license the know-how, called the ITmk3 process, that enables the production of high-grade steel from low-priced iron.....

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SAIL mine receives QMS certificate

Saturday, May 19, 2007,18:09 [IST]

Ranchi, May 19: The Steel Authority of India Limited mine at Kiribiru has been awarded with ISO 9001-2000 Quality Management System (QMS) certificate, a company release said today. According to the release, the certificate awarded by the Bureau of Indian Standard was received by company's executive director M.S. Rai, in-charge of raw and material division, at Kiribiru. One of the Kiriburu mines had already received environment related ISO 14001 certification......