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We list below a number of recent iron and steel industry (or related) legal disputes. This page is updated regularly.

S Korea court freezes Japan steelmakers assets tweet
Wed, 09 Jan 2019 00:00:00 GMT
...A South Korean district court has decided to freeze the local assets of Nippon Steel & Sumitomo Metal after the Japanese steelmaker refused to compensate four wartime Korean labourers, in a move...

India's Supreme Court clears way for reopening Vedanta's ... tweet
Tue, 08 Jan 2019 09:04:03 GMT
By Sudarshan Varadhan NEW DELHI Reuters - India's Supreme Court on Tuesday cleared the way for Vedanta (NS:VDAN) to reopen its south Indian copper smelter by refusing to stay an order from the...

NCLT to decide Essar case by January 31 tweet
Mon, 07 Jan 2019 00:00:00 GMT
Earlier on January 2, the committee of creditors to Essar Steel, led by the State Bank of India, filed an application at the National Company Law Appellate Tribunal (NCLAT) seeking the disposal of the insolvency case within the next three weeks.

Snag in Adhunik Metaliks debt drill tweet
Thu, 03 Jan 2019 17:04:00 GMT
Jinan. He informed the tribunal that despite assurances that ... Sources said Sanjeev Gupta has paid Rs 96 lakh, roughly 15-days salary, to 1100 odd workers of secondary steel producer Adhunik at Rou...

On bailout path: NCLT clears Bhagwati Power resolution ... tweet
Wed, 26 Dec 2018 14:42:00 GMT
The Kolkata bench of the National Company Law Tribunal (NCLT) has approved Bhagwati Power and Steels (BPSL) resolution plan for ... resolution of BPSL and voted in favour of it. Justice Jinan KR said ...

Indian court clears way for reopening Vedanta copper ... tweet
Sat, 15 Dec 2018 19:04:04 GMT
By Sudarshan Varadhan CHENNAI Reuters - An Indian environment court set aside on Saturday the Tamil Nadu state government's order to close Vedanta's (NS:VDAN) copper smelter plant...

Azerbaijan: aluminum sections exported to Denmark tweet
Fri, 14 Dec 2018 00:00:00 GMT
Russian Platinum won the competition for Jerooy thanks to the best technical and economic proposals, as well as the offer for a license of $100 million (which it paid in June 2015) and the obligation to remove from Kyrgyzstan the court claims for $580 million (the problem was resolved in August of the same year).

Standard Chartered Bank moves NCLT against CoC selecting ... tweet
Sun, 25 Nov 2018 00:00:00 GMT
Standard Chartered Bank (SCB), which has more than 7.5 per cent weightage in the Committee of Essar Steel Creditors, in the petition before the National Company Law Tribunal (NCLT) claimed that ArcelorMittal's revised bid of Rs 42,000 crore was never considered by the CoC.

Adhunik Metaliks faces liquidation - Report tweet
Tue, 13 Nov 2018 20:59:00 GMT
Telegraph India reported that Adhunik Metaliks, the Calcutta-based beleaguered steel maker ... However, judicial member KR Jinan expressed his inability to do this. He observed he has no ...

Kyrgyzstan: Alliance Altyn fails to pledge license ... tweet
Wed, 31 Oct 2018 00:00:00 GMT
The Subsoil Use Licensing Commission denied Alliance Altyns application for obtaining permission to pledge a license for development of Jerooy gold deposit in a bank for taking a loan, the State Committee for Industry, Energy and Subsoil Use of Kyrgyzstan reported. The commission denied the application due to litigation over the accrued fines under the

ArcelorMittal declares force majeure for Duisburg-Ruhrort ... tweet
Mon, 22 Oct 2018 00:00:00 GMT
FRANKFURT/DUESSELDORF Reuters - ArcelorMittal (AS:MT), the world's largest steelmaker, has declared force majeure for its Duisburg-Ruhrort site in Germany due to the Rhine river's low water levels,...

5th Circ. Passes Daewoo Iron Shipment Row To La. High ... tweet
Thu, 18 Oct 2018 18:47:00 GMT
The litigation is part of a larger dispute involving Stemcor USA Inc., which was the first to sue a Brazilian pig iron manufacturer, Cia Siderurgica Do Para Cosipar, and its English trading arm, AMT, ...

Belarus: BMZ results for January-September 2018 tweet
Wed, 17 Oct 2018 00:00:00 GMT
In just one week there appeared 3 announcements on the start of bankruptcy procedures of Svetlinsky Ferronickel Works. Three claimants are EnergosbyT Plus Company, Absolut Bank and an individual. The combined volume of claims is 48 million rubles. The situation at the works worsened in spring, when the experiment to commission the newest energy saving

Azerbaijan: gold and silver prices down on October ... tweet
Tue, 09 Oct 2018 00:00:00 GMT
Police officers detained a local council member in Jalal-Abad on the fact of a rally and arson of a gold extraction plant in Toguz-Toro district, Interior Ministry Department for the region reported. He was detained on suspicion of organizing riots. Investigation is underway. The suspect was placed in a pretrial detention center. The court chose

Hydro updates force majeure notice following full curtailment ... tweet
Fri, 05 Oct 2018 00:00:00 GMT
Hydro Aluminium International SA and Hydro Aluminium AS have updated the force majeure declarations previously sent to their alumina and hydrate customers in March 2018, reflecting the decision taken on October 3 to fully curtail operations at Alunorte, as this will affect all alumina and hydrate deliveries from Alunorte to Hydros customers.

SC grants one more opportunity to ArcelorMittal, NuMetal ... tweet
Thu, 04 Oct 2018 00:00:00 GMT
A bench comprising Justices R F Nariman and Indu Malhotra held that both the firms were ineligible under amended Insolvency and Bankruptcy Code to bid for the firm but granted them a fresh opportunity after taking note of the plea of Committee of Creditors that it does not want liquidation of Essar Steel.

NCLAT wrongly allowed ArcelorMittal to pay dues after ... tweet
Thu, 20 Sep 2018 00:00:00 GMT
A bench of Justices R F Nariman and Indu Malhotra has been hearing the cross appeals of NuMetal and steel and mining major ArcelorMittal against the order of the National Company Law Appellate Tribunal (NCLAT).

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