Latest India & Pakistan Steel News
- BSE METAL index up by 0.64% 13 May 2008 18:55 GMT
... India Infoline News Service / Mumbai May 13, 2008 ... to develop a nickel smelting and stainless steel facility. Jindal Stainless advanced by 0.3% to Rs142 ... to Rs142 after reports stated that the company signed a JV agreement with the Indonesia-based ...
- BEML enters MoU with SAIL for supplying equipments, spares 13 May 2008 18:46 GMT
... entered into a memorandum of understanding with Steel Authority of India Ltd (SAIL), India’s largest steel producer, for supply ... entered into a MoU with National Aluminum Company (NALCO) to collaborate for the production of ...
- Mineral exports expected to grow 13 May 2008 18:36 GMT
... online. Exports of iron ore, a key steel making ingredient, and mineral fuel are forecast ... ore and coal used in electricity and steelmaking has rapidly outstripped supply in recent years ... of China, and to a lesser extent India, has been the primary driver of demand and ...
- In hard times, steel firms forge ahead 13 May 2008 17:56 GMT
... In hard times, steel firms forge ahead (Chicago Tribune (KRT) Via Acquire ... are contributing to the surge. For foreign steelmakers, the weak dollar makes their products more ... also continue to find ready buyers in India and China. With no low-cost imports to worry ...
- Satyam Solution Dramatically Reduces Downtime for Cement Companies 13 May 2008 17:56 GMT
... other industries like Chemical Process, Petroleum Refining, Steel etc MUMBAI, India, May 13, 2008: Satyam Computer Services Ltd. (NYSE:SAY), ... is that we’ve done this in an industry where the time taken per plant shutdown ...
- INDONESIAN STELL MAKER REFUSES TO TALK WITH MITTAL 13 May 2008 11:56 GMT
... News Network) -- The management of state-owned steel maker PT Krakatau Steel said it will not ... to US$10 billion to modernize Indonesia's steel industry if it is allowed to have a ... (BSE:500470) and Essar Steel (BSE:500627) also from India and BlueScope (ASX:BST) from Australia have indicated interest ...
- PSL bags order worth US$45 mn 13 May 2008 11:31 GMT
... India Infoline News Service / Mumbai May 13, 2008 ... PSL Ltd on Tuesday announced that the Company's subsidiary Company PSL FZE, based in Sharjah, ... been awarded an order for supply of steel pipes aggregating US$45 mn. The Contract from M/s. ...
- Mittal named chairman of ArcelorMittal 13 May 2008 11:11 GMT
... Executive Lakshmi Mittal became chairman of the steel maker on Tuesday, increasing his control over the ... acquisitions in developing countries such as Senegal, India, Russia and China. It also announced last week ... the group's headquarters in Luxembourg criticizing the steelmaker's social and environmental impact. “The uncontrolled growth ...
- Sensex ends down 108pts; ONGC sheds 3% 13 May 2008 10:52 GMT
... 17,008 on positive cues from the global markets. Intra-day profit booking in noon deals saw ... Rs 1,381. Satyam, ICICI Bank and Tata Steel advanced 1% each to Rs 496, Rs 889 ... of Rs 759.28 crore followed by Cairn India (Rs 247.16 crore), Reliance Petroleum (Rs 216.72 crore), ...
- Minerals exports predicted to grow 13 May 2008 10:52 GMT
... online. Exports of iron ore, a key steel making ingredient, and mineral fuel are forecast ... ore and coal used in electricity and steelmaking has rapidly outstripped supply in recent years ... of China, and to a lesser extent India, has been the primary driver of demand and ...
- ArcelorMittal CEO Lakshmi Mittal becomes chairman 13 May 2008 10:52 GMT
... Executive Lakshmi Mittal became chairman of the steelmaker on Tuesday, increasing his control over the ... the friendly purchase of Arcelor by Mittal Steel, tycoon Mittal achieved his ambition of leading a ... acquisitions in developing countries such as Senegal, India, Russia and China. It also announced last week ...
- Jay Fights to Keep Foreign Firms from Dumping Steel on WV Markets 13 May 2008 10:51 GMT
... and Countervailing Duty Orders on Hot-Rolled Carbon Steel Flat Products from Argentina, China, India, Indonesia, Kazakhstan, Netherlands, Romania, South Africa, Taiwan, Thailand, ... the risk of nearly eliminating an entire industry. For our domestic economy to function properly, ...
- World Bank burns credibility 13 May 2008 10:50 GMT
... its financial support to the fossil fuel industry. "It's playing both sides of the climate ... projects involving the coal, chemical, iron, and steel industries. By contrast, critics say, it has not ... be owned and operated by Tata Group, India's largest multinational corporation. Tata Motors, a division ...
- A new inflationary epoch 13 May 2008 10:50 GMT
... four-fold over this period to $1.68 trillion; India's reserve position tripled to $303 billion; and ... and wheat 68%. Prices for iron ore, steel and hard commodities have experienced similar price inflation. Gasoline ... and leveraged loans, and a booming tech industry. This bubble incited huge increases in demand ...
- Hand over the keys, the Indians are here 13 May 2008 10:34 GMT
... public is ready for ownership out of India of a luxury car make," Ken Gorin told ... respected business conglomerates. Early this year, Tata Steel bought the Anglo-Dutch steel company Corus for $11.3 ... Europe-based Arcelor to create the world's biggest steelmaker, its chief Guy Dolle belittled Mittal by ...
- China deepens business ties with Pakistan 13 May 2008 10:34 GMT
... By Syed Fazl-e-Haider QUETTA, Pakistan - China stepped up its presence in ... of its natural resources and build more steel capacity. The ore grade is similar to ...
- Parsis may be silenced by success 13 May 2008 10:34 GMT
... The clock is ticking for one of India's most prosperous communities, the Parsis. Always small, ... first political party, stock exchange, iron and steel plant, university, public hospital, newspaper, printing press ... who was army chief during the 1971 India-Pakistan War that culminated in the creation of ...
- Pakistan short of everything except crises 13 May 2008 10:34 GMT
... By Syed Fazl-e-Haider QUETTA, Pakistan - There is a crisis of crises ... for the $1.5 billion power project in Kashmir was awarded to a consortium comprising China ...
- BEML bags SAIL order worth Rs 477 cr 13 May 2008 10:15 GMT
... entered into a memorandum of understanding with Steel Authority of India Limited (SAIL), India's largest steel producer for supply ... supplied valued at Rs 300 crore, a company release said here today. Both the PSUs ...
- Metals - Gold dips after oil prices move away from highs UPDATE 13 May 2008 10:15 GMT
... such as equities. However, as the financial markets have stabilised, that money is now increasingly ... the credit crunch,' said HSBC analyst James Steel. 'If the gold market is gradually becoming inured ... precious metal's recent price rise. Traders in India, the world's largest market for gold jewellery, say ...
- BRIEFING - ASIA INFRASTRUCTURE - MAY 13, 2008 13 May 2008 09:57 GMT
... ship the oil across the Caspian Sea. PAKISTAN'S LUCKY CEMENT RAISES US$109.3 MLN THROUGH GDR ... FUNDS FOR HYDERABAD METRO NEW DELHI - India's Finance Ministry has agreed in principle to ... 20 thousand billion rials (US$2.2 billion) on steel production, cement factory, oil refinery and power ...
- Vietnam remains attractive to Indian investors 13 May 2008 09:57 GMT
... Vietnam’s reliance on steel imports is hoped to be eased after ... Look East Policy,” Misra told an Indian-Vietnamese business meeting in HCMC on Friday. The consul ... factories in Vietnam were easier than in India or other countries, Saxena said. He said AVT ...
- BRIEFING - ASIA MINING - MAY 13, 2008 13 May 2008 09:31 GMT
... exchange (ASX) about a surge in the company's share price. Arrow's shares jumped from a ... signs the resources boom and demand from India and China were slowing, Australia should be risk-averse. ... jointly develop a nickel smelting and stainless steel plant with an investment of about US$700 million ...
- Business highlights at 1700 hrs 13 May 2008 09:30 GMT
... Rangarajan said here today. DEL15 New Delhi: India, which bought wheat from markets abroad for two ... telecom regulator TRAI today sought views from industry and experts to liberalise Internet telephony segment. ... jointly develop a nickel smelting and stainless steel plant with an investment of about 700 million ...
- Satyam develops new solution for mfg firms 13 May 2008 08:17 GMT
... Shree Cement, a key player in north India, resulting in production of an additional 24,000 tonnes ... such as chemical process, petroleum refining and steel. "What is exciting about the solution is that ... that we have done this in an industry where the time taken per plant shutdown ...
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