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Mittal concerned about Arcelor's plan to spoil takeover bid Brussels, Belgium - Steel king, Lakshmi Mittal, has expressed his concerns about a plan by Arcelor management to spoil his 19 billion euro ($ 23 billion) takeover bid. 05 Apr 2006
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Posco's port project in Orissa may face roadblocks The proposed private port of South Korea's Pohang Steel Company (Posco) at Jatadhari river mouth near Paradip in Orissa may face a few roadblocks. 04 Apr 2006
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Luxembourg will not interfere in Mittal Bid New Delhi - Luxembourg's trade minister pledged Wednesday that his government would not interfere with a bid by Mittal Steel for European steelmaker Arcelor, insisting the company's shareholders should have the final say. 01 Apr 2006
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Japanese steelmakers plan joint defense Tokyo, Japan - Three major Japanese steelmakers, led by Nippon Steel Corp., said Wednesday they will plot a joint defense strategy to counter hostile takeover attempts in the wake of Mittal Steel Co.'s unsolicited bid for Luxembourg's Arcelor SA. 31 Mar 2006
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Birlas to sell stake in Tata Steel Mumbai - The Birlas have announced that they would be selling off their stake in Tata group flagship, Tata Steel - a stock that the group has owned since the days of the legendary industrialist, G.D. Birla. 30 Mar 2006
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Steel Stocks Rise on Good Price Outlook Shares of companies that make and distribute steel rose Wednesday on a positive outlook for steel prices and a second upgrade in three days for Steel Dynamics Inc. 29 Mar 2006
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Japanese Steelmakers Plan Joint Defense Three major Japanese steelmakers, led by Nippon Steel Corp., said Wednesday they will plot a joint defense strategy to counter hostile takeover attempts in the wake of Mittal Steel Co.'s unsolicited bid for Luxembourg's Arcelor SA. 29 Mar 2006
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Takeover Rules Could Affect Mittal Steel Bid The finance committee in Luxembourg's national parliament unanimously backed changes to takeover rules Wednesday that could affect Mittal Steel Co.'s 19 billion euro ($23 billion) unsolicited buyout offer for Luxembourg-based Arcelor SA. 22 Mar 2006
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Tata Steel achieves 5 MT hot metal production milestone Mumbai - Tata Steel Ltd, India's largest private sector steel maker, has announced that it has surpassed the 5 million tonne (MT) milestone in hot metal production on March 20 after an expanded facility came on stream. 21 Mar 2006
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Oneida Files for Chapter 11 Protection Oneida Ltd., which was once the world's largest maker of stainless steel flatware, has filed a pre-negotiated plan to reorganize under Chapter 11 bankruptcy protection that calls for the company to shed about $100 million in debt. 20 Mar 2006
