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    HomeNewsMesco steel

    Mesco Steel

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    • Mesco plans to acquire steel plants, says CMD

      According to sources, Mesco is interested in Electrosteel which has a debt of Rs 10,000 crore and is also exploring a few options in three Indian states.

    • Mesco chases iron ore, coal assets in US, Australia

      Mesco Steel has already announced its plan to take its capacity to 4.5 million tonnes (MT) in the next 3-5 years with an investment of Rs 13,500 crore.

    • India to be active on M&A in steel, mine: ArcelorMittal

      The Luxembourg-based group also expressed optimism over its pact with state-run steel maker SAIL to establish a plant in India to cater to the rapidly expanding automotive sector.

    • POSCO's Finex plant likely to be shifted to India by Oct

      Not able to take off its 12 million tonnes plant in Odisha, global Steel giant POSCO is likely to shift its first Finex plant to Kalinganagar, in the state from Pohang, South Korea after a definitive pact with homegrown steelmaker MESCO, which is scheduled by August.

    • Mesco Steel acquires Maithan Ispat in Rs 1,160 crore deal

      The deal will help bail out Maithan Ispat, which is under debt burden of Rs 795 crore, and enable Mesco to utilise large iron ore mines of the Odisha-based company. "It is a win-win scenario for Mesco.

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