Mnangagwa's plan to revive Bulawayo faltersSun, 13 Jan 2019 14:38:00 GMT
The National Railways of Zimbabwe (NRZ), the Cold Storage Company (CSC), Merlin, Paramount Garments and the Zimbabwe Iron and Steel Company (Zisco) were among companies that were targeted for revival.
Quick austerity measures to avert imminent economic collapseFri, 11 Jan 2019 12:28:00 GMT
We have so many non-performing companies such as ZUPCO, MMCZ, ZISCO STEEL, ZMDC, NRZ and GMB. These state companies are occupied by a number of politicians which ran down most of these companies.
Brazil's Steelworkers Bracing for Anti-Union Push by BolsonaroFri, 11 Jan 2019 06:03:00 GMT
But the sector wont mount a significant comeback until stalled private and public construction projects are advanced, said Marco Polo de Mello Lopes, president of Brazils Steel Institute, or IAB, th...
Global Micaceous Hematite Market 2018 Vale SA, Metso, Arya Group ...Fri, 11 Jan 2019 00:00:00 GMT
The competitive outlook of Micaceous Hematite markets key players : Vale SA, Metso, Arya Group, CAP Group, Companhia Siderurgica Nacional, Australasian Resources, Rio Tinto, BHP Billiton, Fortescue M...
Egypt to enjoy better steel demand, low imports in 2019, Ezz ...Thu, 10 Jan 2019 06:46:00 GMT
Steel producers in Egypt will benefit from higher steel demand and low rates of imports in 2019, George Matta, chief marketing officer of Ezz Steel, said at Fastmarkets North Africa Steel Summit in D...
From Great Zimbabwe to Zimbabwe Ruins with Emmerson Dambudzo ...Thu, 10 Jan 2019 04:34:00 GMT
And continuously commandeered off-route for Mugabe liability flights. VaMapondera vakaponda ZISCO STEEL zvebasa kuKweKwe uko Gross incompetence and pick-pocketing all-over. The public service ...
The unknown fate of ill-gotten Egyptian money in the British ...Thu, 10 Jan 2019 04:04:00 GMT
Mubarak and his clique, such as businessmen Hussein Salem and Ahmed Ezz, also monopolised strategic commodities such as steel, iron, and oil as well as seizing public land to make lucrative businesses ...
Gerdau Steel India Private Ltd. renamed as Arjas Steel Private ...Wed, 09 Jan 2019 09:40:00 GMT
Gerdau Steel India Private Limited has been renamed as Arjas Steel Private Limited. This, after the Brazil headquartered Gerdau S.A., Gerdau S.A.sold its entire shareholding in its Spanish subsidiary ...
Gerdau Steel India is now Arjas Steel Pvt LtdWed, 09 Jan 2019 07:57:00 GMT
Andhra Pradesh has officially become Arjas Steel Private Limited. The Brazil-headquartered Gerdau S A signed an agreement to sell its entire shareholding in its Spanish subsidiary Gerdau Hungria KFT Y ...
S Korea court freezes Japan steelmakers assetsWed, 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 Tata Steel says weak Europe output to dent third-quarter ...Tue, 08 Jan 2019 15:22:03 GMT
Reuters - India's Tata Steel Ltd (NS:TISC), one of the flagship companies of the salt-to-software behemoth, said on Tuesday lower production in Europe will impact its financial results,...
New coke battery from ArcelorMittal steel plantTue, 08 Jan 2019 08:54:00 GMT
Thyssenkrupps Industrial Solutions business will supply ArcelorMittal with a new coke battery at its Tubaro steel plant, located in the Espirito Santo state in southeastern Brazil. The new coke batt...
NCLT reserves order on Essar Steel Asia's bid to January 31Tue, 08 Jan 2019 00:00:00 GMT
Essar Steel Asia Holdings told the bench that lenders not considering its debt settlement proposal, which was higher than its rival offer, is surprising.
Tata Steel production marginally up in FY19 to 3.3 million tonneTue, 08 Jan 2019 00:00:00 GMT
For Tata Steel BSL, Tata Steels recently acquired unit Bhushan Steel, production was in-line with Q2 FY19 and sales volume in Q3 FY19 was lower as Q2 FY19, an official statement said.
Non-steel repayments may soften bankers on Essar bidTue, 08 Jan 2019 00:00:00 GMT
ICICI Bank, Axis Bank, and Standard Chartered Bank, which had lent to Essar Global to fund expansion of the groups businesses, have now been repaid their entire facility of Rs 31,500 crore by the latest payments.
NCLT to decide Essar case by January 31Mon, 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.
Nucor to Build State-of-the-Art Plate MillMon, 07 Jan 2019 00:00:00 GMT
Nucor Corporation(NYSE: NUE) today announced plans to build a state-of-the-art plate mill in the U.S. Midwest.Nucor'sBoard of Directors has approved an investment of$1.35 billionto build the mill, which is expected to be fully operational in 2022 and will be capable of producing 1.2 million tons per year of steel plate products. The project is expected to create approximately 400 full-time jobs.
Gerdau (GGB) Upgraded at Zacks Investment ResearchFri, 04 Jan 2019 01:49:00 GMT
Gerdau SA engages in the production and commercialization of steel products. It operates throuh the following segments: Brazil Operation, North America Operation, South Africa Operation, and Special S...
Anglo American management shake-up sees Brazil-based CEO replacedThu, 03 Jan 2019 14:41:00 GMT
Brujin brings more than 25 years of experience in the mining industry, most recently as top boss at Minerao Usiminas, an iron ore mining joint venture in Brazil between steel producer Usiminas and J...
SAIL asks ArcelorMittal to expedite JV agreement processFri, 28 Dec 2018 00:00:00 GMT
Last year, SAIL's board had approved a proposal to enter into a joint venture with ArcelorMittal for manufacturing high-end automotive steel.
Number of news reports: 20