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Thursday, April 30, 2026
TopicArcelorMittal

Topic: ArcelorMittal

ArcelorMittal Nippon Steel gets started on building India’s largest greenfield steel plant in Andhra

Project will eventually produce 18 MMT of steel annually, while providing direct & indirect employment to a lakh people. 'We're creating a steel city,' says CM Naidu.

ArcelorMittal revives plan to set up steel plant in Odisha, to invest Rs 50,000 crore

ArcelorMittal’s move to expand in India comes at a time when the Modi government is planning to boost investment in sectors such as housing, roads, ports and railways.

Supreme Court stops ArcelorMittal’s payments to Essar

New Delhi: India’s top court stopped ArcelorMittal from making a payment to lenders to buy Essar Steel India Ltd., extending billionaire Lakshmi Mittal’s wait...

Homecoming costs Lakshmi Mittal’s ArcelorMittal $7 billion after a year of legal drama

Challenges from rival bidders & creditors have seen Mittal's firm make dozens of trips to court since an initial bid in Feb 2018 to acquire Essar Steel.

Essar Steel may not even be bankrupt by the time bidding for it ends

If Numetal decides to pay for Essar’s defaults, bidding to resolve the high-profile bankruptcy will be one where the firm isn’t even bankrupt anymore.

India’s top steelmakers plan record output on strong demand

JSW and Tata Steel have planned to expand their own facilities, while aiming to snap up some of the distressed assets for sale under India’s new bankruptcy laws.

Bitter court battles bog down Arcelor, Tata as bankruptcy law is tested

The successful resolution of stressed loans, which holds nearly 90 percent of impaired assets is crucial for Modi to clean up the balance sheets...

India turns a bad-loan tragedy into a bankruptcy farce

It'll be unfortunate if India's next steel king is decided not on the wrestling mat  — but via walkovers.

On Camera

New promo video by PLA Navy is a teaser of China’s deep blue capabilities

Rather than functioning as conventional propaganda, the video operates as a device for interpretation, subtly shaping expectations about future developments in China’s naval trajectory.

Adani’s giant copper plant hits technical setbacks in first year

The 500,000 tonne-per-year plant produced just 94,000 tonnes of refined copper from April 2025 to February this year.

Indian drone tech company ideaForge signs MoU with Japanese firm to develop next-gen AI powered drones

By pairing Indian drone engineering with Japanese semiconductor expertise, the two firms aim to develop more advanced autonomous systems tailored to both defence & commercial use.

Trump, Netanyahu’s Iran gamble: The regime change rebound

American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.