Aion-JSW Steel wins Monnet Ispat bid; banks take 75% haircutThu, 19 Jul 2018 00:00:00 GMT
The private equity fund-steel major consortium will hold 75% of the equity in the company out of which Aion Capital will have a 70% share with JSW Steel controlling 30%.
JSW Cement will invest close to US$150 million in FujairahThu, 19 Jul 2018 00:00:00 GMT
The clinker unit at Fujairah, which the company expects to commission by December 2019, will boost JSW Cement's leadership position in India as a leading producer of green cement.
BHP beats iron ore, petroleum expectationsWed, 18 Jul 2018 22:13:00 GMT
BHP Billiton produced more iron ore than analysts had expected over the past 12 months, but revealed it would book a $US440 million charge related to the Samarco dam disaster. The company also confirm...
Chamisa & Mnangagwa Totally Clueless That Zimbabwe Doesnt ...Wed, 18 Jul 2018 14:06:00 GMT
Zisco Steel was Africas renowned steel supplier, but is lying idle, while the country is left to import steel products from South Africa and China. In the first days of this new government, there was ...
Vale says to make new $390 million provision for Samarco disasterWed, 18 Jul 2018 10:33:00 GMT
BRASILIA Reuters - Brazilian iron-ore miner Vale SA will make an additional 1.5 billion reais ($390 million) provision in its second quarter results to cover obligations due to the Samarco dam failu...
7 sailors' bodies found; search continuesWed, 18 Jul 2018 09:00:00 GMT
Loaded with 3,000 metric tons of steel, the Shunqiang2 collided with another cargo ship ... told Southern Metropolis Daily that the sailors on board came from Fujian, Shandong, Jiangsu and Heilongjian...
BHP hits record iron ore output, flags Samarco chargeWed, 18 Jul 2018 05:02:00 GMT
BHP said Wednesday it was on track to sell its US shale assets as the world's largest miner reported record levels of iron ore output and a US$650 million hit from the fatal Samarco dam collapse in Br...
BHP revs iron ore engine as pricing tailwinds blowTue, 17 Jul 2018 19:43:00 GMT
Iron ore was the only commodity in red ... BHP will take another exceptional charge of $US440 million against its 2018 profits in relation to the Samarco dam failure at its Brazilian joint venture. Th...
Rio, Vale output soars as big miners grow shareTue, 17 Jul 2018 07:31:00 GMT
The world's biggest iron ore miner has flagged plans to grow production by 18 ... The Indian state of Goa is out of the trade, Samarco is out, Anglo American's Minas Rio in Brazil is also out, Chinese ...
China's June coal imports jump 18 pct as utilities speed buyingTue, 17 Jul 2018 04:39:00 GMT
Major Chinese cities such as Wuhan in Hubei and Hefei in Henan province last month reported heavy loads on their power grid and indicated that they might started rationing electricity. In the first ha...
US challenges China, EU and others at WTO over steel tariffsMon, 16 Jul 2018 14:18:00 GMT
While Trump exempted neighbours Canada and Mexico, which together account for a quarter of US steel imports, the countries likely to suffer most are the EU, Brazil, South Korea and Japan. The EU Counc...
China sets record daily steel output for third month in a rowMon, 16 Jul 2018 08:42:00 GMT
Last week, top steelmaking city Tangshan ordered mills to cut production for 6 weeks over summer. Steel output may not necessarily go down even though stricter restrictions are on the way, said Lu. ...
Aim to scale up steel capacity, build brand name: JSWs Seshagiri ...Mon, 16 Jul 2018 00:00:00 GMT
The groups steel company, JSW Steel plans to invest 40,000 crore over the next three years to increase its capacity to 25 million tonnes from 18 million tonnes now.
Six killed in gas leak at Gerdau SteelThu, 12 Jul 2018 11:45:00 GMT
Gerdau, the Sao Paulo, Brazil headquared company is globally leading producer of long steel with opertions in 14 countries with operations in Americas, Europe and Asia with a capacity of 25 million to...
Global Bearing Steel Sales Industry Sales, Revenue, Gross Margin ...Wed, 11 Jul 2018 04:33:00 GMT
Nanjing Iron And Steel, Benxi Steel Group, Hbis Group, Nippon Steel, Suzhou Steel Group, Baoshan Steel, Jiyuan Iron And Steel Group, Aichi Steel and others. Purchase a copy of this report at: https:// ...
District Malir: Karachis first and by far its poorestTue, 10 Jul 2018 21:45:00 GMT
A huge blow for the districts residents came when the only government-run steel mill, set up during the tenure of ... The 50-bed Benazir Bhutto Maternity Home in Gulshan-e-Hadeed has also yet to be m...
POSCO ICT Inks Deal to Supply Smart Factories to Chinese SteelmakerTue, 10 Jul 2018 18:18:00 GMT
Kim Kwang-seok (left, front row), president of POSCO ICT China, and Qiu Yinfu, president of Shougang Jingtang United Iron & Steel Co., sign an a contract on unmanned crane systems on June 27. POSCO IC...
ArcelorMittal to NCLAT; The company was eligible to bid for Essar ...Tue, 10 Jul 2018 00:00:00 GMT
The NCLAT on May 22 ordered status quo on insolvency of Essar Steel for two months as it admitted petitions of Numetal and ArcelorMittal over the bidding eligibility.
Humanhome Launches a New Plug-in Light Called the ODIS SconceMon, 09 Jul 2018 13:32:00 GMT
The fixture is composed of a circular rolled edge steel frame with an American black walnut insert ... Not one, but two talented people I've interviewed in the past ten days (Ezz and milie) have cit...
Brazils Magic Slipping Away, Time to Regroup And ReinventMon, 09 Jul 2018 09:56:00 GMT
Heres Why Who Gains From SEBIs Order For An NDTV Open Offer Lessons Tata Steel Learnt From Its Corus Acquisition, Or Not When Kevin De Bruyne smashed the second goal against Brazil into the bottom ...
Number of news reports: 20