10
Nov
12:51
Essar Steel seeks strategic investors
Essar Steel has appointed ICICI Securities and SBI Capital Markets as advisors to help bring on board strategic investors, Kallanish learns from the Indian steelmaker.
The firm previously announced plans to monetise certain non-core assets to raise equity and infuse additional funds for ramping up production.
“The global steel industry is facing major headwinds due to falling steel prices and increased exports from China,” Essar Steel says. &ldquo…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous