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Business News: Read latest Business News headlines, LIVE share market news and updates, financial, economic and banking news from India & across the World on Mint.
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ArcelorMittal drops takeover of Italy JV after government ruling | Company Business News
1+ week, 4+ day ago (233+ words) (Bloomberg) — ArcelorMittal SA dropped its planned takeover of a joint venture with struggling carpart manufacturer CLN-Coils Lamiere Nastri SpA after the Italian government-imposed restrictions, paving the way for a domestic rival to take control. The steel conglomerate had originally agreed…...
JSW Steel aims to eliminate iron ore imports as domestic supply improves | Company Business News
3+ week, 1+ day ago (607+ words) JSW Steel, India’s largest importer of iron ore, plans to gradually eliminate imports of the key steelmaking raw material as domestic supplies improve and new mines become operational, according to a top company executive. The shift could reduce India’s dependence…...