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Steel

India's Tata Steel evaluating bids for UK assets

: Tata Steel exec says we are in the process of evaluating bids for UK assets . Exec says all 7 shortlisted bidders for UK assets are there, some have submitted final bids and some have sought clarity . Exec says net debt of company at 740 billion rupees ($11.00 bln) . Exec says positive that south...

Wednesday, 25 May 2016

India Steel Works March-qtr profit rises

India Steel Works Ltd : March-quarter net profit 22.8 million rupees versus 7.9 million rupees last year . March-quarter net sales 1.69 billion rupees versus 1.25 billion rupees last year . Approved appointment of varun s gupta as CFO .

Wednesday, 25 May 2016

Usha Martin March-qtr consol loss widens

Usha Martin Ltd : March-quarter consol net loss 1.53 billion rupees; March-quarter consol net sales 10.43 billion rupees .

Wednesday, 25 May 2016

Chengdu Huaze Cobalt & Nickel Material's chairman, executive director resign

Chengdu Huaze Cobalt & Nickel Material Co Ltd : Says chairman Wang Tao, executive director Wang Hui resign for personal reasons . Says 84.2 million shares held by Wang Tao have been frozen by court until Dec. 31, 2016 .Says 107.4 million shares held by Wang Hui have been frozen by court until Dec....

Wednesday, 25 May 2016

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