Corus Group News

As announced, the takeover battle between Tata Steel and Brazilian steelmaker CSN for Corus Group plc has entered the auction stage.

Chennai: Rating agency Standard & Poor's has kept its 'BB' long-term corporate credit rating on UK-based steelmaker Corus Group PLC on CreditWatch with developing implications.

Mumbai: Anglo-Dutch steelmaker Corus is putting up its primary aluminium smelters in Germany and the Netherlands for sale after renegotiating electricity contracts for the plants, Corus CEO Philippe Varin said.

Mumbai : Corus Steel, the world's sixth-largest steelmaker, has moved the European Commission against BHP Billiton's $208 billion bid to take over mining major Rio Tinto, even as reports said top producer AcelorMittal is planning to enter the race for Rio Tinto.

In July 2011, I wrote an article that discussed the doubts surrounding China Green Agriculture's credibility and the devastating effect these concerns have had on its share price.