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India Steel News. Service for global professionals. Constantly updated news and information about India.
- Mining firms merger worries India 18 Dec 2009 05:16 GMT
... will have a monopoly position," said the steel secretary, Mr Atul Chaturvedi. He said that the ... Union is opposing the merger. Asked whether India will oppose the merger at the international ... the international environment. "I hope that the industry will be alive to these issue and ...
- High iron ore price boosts miners' hand 18 Dec 2009 02:45 GMT
... demand in China and supply disruptions in India are behind the move higher. The price ... so-called benchmark contracts for 2010-11 with international steelmaking companies. Traditionally, annual contracts are settled below ... rise and was now above pre-crisis levels", steel production outside China was now also on ...
- India Inc in News - December 18 18 Dec 2009 03:30 GMT
... Following are the important business news carried by leading financial dailies on ... to sell 20% stake in public sector steel marker SAIL will be taken by the ...
- What will next the 10 years hold for investors? 18 Dec 2009 00:16 GMT
... not risk-free and having seen a bull market for 20 years, pension investors will need ... one, will be manning the barricades. Alan Steel of independent financial advisers Alan Steel Asset Management ... by emerging market stocks, especially in China, India, Brazil and other Latin American and Asian ...
- Asian stock markets fall amid recovery doubts 18 Dec 2009 07:48 GMT
... A worker climbs on a steel beam on a new building construction Friday, Dec. ... the worlds seems better placed," said brokerage India Infoline in a report. Investors have been ... previous week. On the corporate front, FedEx Corp. provided a cautious forecast for the quarter ...
- Asian stock markets fall amid recovery doubt... 18 Dec 2009 07:52 GMT
... 11:02 p.m. A worker climbs on a steel beam on a new building construction Friday, Dec. ... the worlds seems better placed," said brokerage India Infoline in a report. Investors have been ... previous week. On the corporate front, FedEx Corp. provided a cautious forecast for the quarter ...
- Ready, steady, gold rush 18 Dec 2009 05:50 GMT
... countries, including Switzerland, Argentina, Australia, Canada and India, did the same. After a near 20-year ... to higher prices over time, depending on industry capacity and competition. Low interest rates affect ... global growth will also boost usage of steel and aluminium, but overcapacity and large stocks may keep ...
- Will politics choke growth? 18 Dec 2009 06:33 GMT
... politics. It is a very peculiar and unique-to-India situation. You don't have credit growth and ... lot of inflows coming which is reviving industry and industrial general expectation. We are in ... We saw that, for example in the steel sector; steel capacities in the mid-1990s, late 1990s ...
- Taiwan stocks down; TSMC drops on Wall Street fall 18 Dec 2009 03:54 GMT
... fell 1.13 percent, while Hon Hai Precision Industry Co Ltd, Taiwan's biggest electronics parts maker, ... Tang, vice president with Shares of China Steel, Taiwan's top steel maker, fell 1 percent after ... S.Korea.... S.E. Asia............ Hong Kong... Taiwan..... Australia/NZ......... India....... China...... OTHER MARKETS: Wall Street........... Gold......... Currency.. ...
- China's Xi calling for free trade talks with S. Korea 18 Dec 2009 03:12 GMT
... South Korea's biggest export market led by steel and electronic products. Two-way trade of US$168 billion ... had been opposed by Shanghai-based SAIC Motor Corp, its majority owner. The plan involves a ... in recent years, ratifying a deal with India last month and signing another with the ...
- Prattville plant closing 18 Dec 2009 02:44 GMT
... PRATTVILLE — Continental Eagle Corp., a cotton gin manufacturing company founded in ... 177 years ago, is moving production to India. David Mrozinski, the company's vice president of ... the main work will go to Bajaj Steel Industries in Nagpur, India. He said the Alabama ...
- Taiwan Exports US$1.267 Billion of Machine Tools in First 3 Qtrs. 18 Dec 2009 07:17 GMT
... outlets, in descending order, included Thailand, Brazil, India, Malaysia, Vietnam, Holland, Italy, Turkey, Japan, France, ... CEO C.C. Wang said the domestic machine-tool industry has been battling the global downturn since ... past few years, costly raw materials as steel and cast iron, and declining export orders. Exports of ...
- Clashes cast shadow on South 18 Dec 2009 06:17 GMT
... PARADIP: The ongoing clash between anti and pro-industry villagers in Jagatsinghpur may affect the proposed ... month. Lee, who is scheduled to visit India as the Chief Guest for the Republic ... that would be worst-affected. The South Korean steel major has been facing a stiff resistance from ...
- At Climate Talks, Trade Pressures Mount 18 Dec 2009 00:33 GMT
... imports from low-cost producers like China and India that are resisting cutting greenhouse gases. “The ... issues at the . “Unions and heavy industry are deeply worried about climate policies that ... The provisions would aim to protect cement, steel and products made by other industries that expect to ...
- Sensex lacklustre; Infosys, HDFC dip 18 Dec 2009 08:11 GMT
... due to lack of trigger in the market. Buying and selling is being witnessed in ... Industries (1.60%), Mahindra & Mahindra (1.09%), Tata Steel (0.94%), and Hero Honda Motors (0.60%). On the ... Housing Development Finance Corporation (0.95%), Sterlite Industries (India) (0.91%), ACC (0.88%), Maruti Suzuki India (0.85%), ...
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