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Steel

ArcelorMittal S.Africa notofies acquisition of beneficial interest in securities

ArcelorMittal South Africa Ltd : Says acquisition of a beneficial interest in securities . Acquisition, by way of subscription, by Amandla We Nsimbi Ltd on Dec.7, of 243.2 million shares such that B-BBEE co has beneficial interest in co .Acquisition, by way of subscription, by Isabelo Employee Share...

Friday, 9 Dec 2016

India's NMDC Sept-qtr profit down about 6 pct

NMDC Ltd : Sept quarter net profit 7.71 billion rupees . Sept quarter total income from operations 17.39 billion rupees . Consensus forecast for Sept quarter profit was 6.96 billion rupees .Net profit in Sept quarter was 8.17 billion rupees last year as per Ind-AS; total income from operations was...

Friday, 9 Dec 2016

Monnet Ispat and Energy Sept-qtr loss widens

Monnet Ispat and Energy Ltd : Says resignation of Raj Kumar Ralhan as CFO (not CEO) . Sept quarter net loss 4.09 billion rupees . Sept quarter net sales 3 billion rupees .Net loss in Sept quarter last year was 4.01 billion rupees as per Ind-AS; net sales was 5.63 billion rupees.

Friday, 9 Dec 2016

Thyssenkrupp aims to lower costs at Industrial Solutions

Thyssenkrupp AG in presentation slides : Says aims to lower costs at industrial solutions by 450 million euros in three years Further company coverage: [TKAG.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).

Friday, 9 Dec 2016

Xinjiang Ba Yi Iron & Steel to sell steel unit for 3 bln yuan to controlling shareholder

Xinjiang Ba Yi Iron & Steel Co Ltd : Says it signs agreements to restructure its and unit's debts of 238.9 million yuan ($34.62 million) .Says it plans to sell steel unit for 3.0 billion yuan to controlling shareholder.

Friday, 9 Dec 2016

U.S. Steel clarifies CEO Longhi's comments on CNBC regarding recalling jobs

United States Steel Corp : United States Steel Corp - "issued a statement regarding comments made yesterday by President and CEO Mario Longhi during an interview on CNBC" .United States Steel - "to clarify, Longhi's comments about potentially recalling some 10,000 workers was referring to American...

Thursday, 8 Dec 2016

Nico Steel Holdings responds to SGX queries

Nico Steel Holdings Ltd : Response to queries raised by singapore exchange securities . Decided last week to suspend negotiations on same as certain key terms could not be agreed on . Company stated that it was in discussions with a view to entering into a potential transaction .Save as disclosed...

Thursday, 8 Dec 2016

ADF Group Q3 earnings per share C$0.00

ADF Group Inc : ADF Group. Inc. - Results for the third quarter and nine-month period ended October 31, 2016 . Q3 earnings per share C$0.00 .Q3 revenue C$21.1 million.

Thursday, 8 Dec 2016

China Oriental Group says Han Li appointed CFO

China Oriental Group Co Ltd : Appointment Of Chief Financial Officer .Han Li has been appointed as deputy general manager and chief financial officer of company.

Thursday, 8 Dec 2016

Shanghai Prosolar Resources Development to sell investment management company at 10 mln yuan

Shanghai Prosolar Resources Development :Says it will sell 100 percent stake in a Shanghai-based investment management company at 10 million yuan to a Shanghai-based holding company.

Thursday, 8 Dec 2016

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