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SA's competition body backs clearing ArcelorMittal S.Africa's Thabazimbi deal

8:37am EDT

May 25 (Reuters) - South Africa's Competition Commission::Recommended to tribunal to approve ArcelorMittal South Africa's <<>> acquisition of Thabazimbi mine from Sishen Iron Ore Co.Commission finds that proposed transaction is unlikely to substantially prevent or lessen competition in affected markets.

SA's competition body backs clearing ArcelorMittal S.Africa's Thabazimbi deal

8:37am EDT

May 25 (Reuters) - South Africa's Competition Commission::Recommended to tribunal to approve ArcelorMittal South Africa's <<>> acquisition of Thabazimbi mine from Sishen Iron Ore Co.Commission finds that proposed transaction is unlikely to substantially prevent or lessen competition in affected markets.

Kalyani Steels March-qtr profit after tax rises

4:36am EDT

May 25 (Reuters) - Kalyani Steels Ltd ::Recommended dividend of 5 rupees per share.March quarter profit after tax 372.5 million rupees versus 291 million rupees year ago.March quarter total revenue 3.66 billion rupees versus 3.04 billion rupees year ago.

India's Gujarat Intrux March-qtr loss narrows

3:42am EDT

May 25 (Reuters) - Gujarat Intrux Ltd :March quarter loss 671,000 rupees versus loss 5.6 million rupees year ago.March quarter total revenue 78.4 million rupees versus 70.2 million rupees year ago.

Tubacex targets sales of 1.00 bln euros, EBITDA 100 mln euros for 2016-2020

Wednesday, 24 May 2017 08:27am EDT

May 24 (Reuters) - TUBACEX SA ::PLANS TO REACH SALES ABOVE 1.00 BILLION EUROS, EBITDA 100 MILLION EUROS UNDER STRATEGIC PLAN 2016-2020.

India's Steelco Gujarat posts March-qtr loss

Wednesday, 24 May 2017 06:40am EDT

May 24 (Reuters) - Steelco Gujarat Ltd ::March quarter net loss 220.4 million rupees versus profit of 153.8 million rupees year ago.March quarter net sales 1.19 billion rupees versus 1.52 billion rupees year ago.

AM Castle & Co says $115 mln of exchange notes offered

Wednesday, 24 May 2017 06:10am EDT

May 24 (Reuters) - AM Castle & Co ::AM Castle & Co files to say $115 million of exchange notes offered to holders of prepetition second lien and third lien secured claims.AM Castle & Co - notes offered under the co's prepackaged joint chapter 11 plan of reorganization, as may be amended.

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