Reportedly, Canada’s Essar Steel Algoma predicts the North American plate market will improve over through 2013. Currently, the market demand for the current quarter is slightly less than what we saw the previous year but pricing ...
Tags: plate market, Steel, sheet products
The US Department of Commerce (DOC) announced Friday the initiation of administrative reviews of antidumping (AD) and countervailing duty (CVD) orders with a December anniversary date. The DOC initiated the following administrative review ...
Tags: steel products, HRC, Steel
Reportedly, Essar Group, a multinational corporation in India will invest US$125 million in its cold rolled coil (CRC) production capacity and aim to lift the annual capacity to 700,000 tons. Mr. KB Trivedi, the president director and ...
Tags: Essar Group, India, cold rolled coil
Sault Ste.Marie,Ontario-based flat rolled steelmaker Essar Steel Algoma announced Friday that the Ontario Government has granted the company temporary pension relief in the form of a 12 month deferral of special pension payments effective ...
Tags: Essar Steel Algoma, Ontario, pension service
It’s reported that the four major steelmakers in Indian announced to raise the prices of steel products by INR500~INR1,400/ton for January. Rashtriya Ispat Nigam Ltd (RINL) announced to increase its steel product prices by INR500/ton. ...
Tags: steelmakers, India, prices, products
Business Line reported that Essar Ports is the lone bidder for the INR 3,700 crore mega container terminal project at Chennai port.It has offered a revenue share of 5.25%for the project,slightly above the 5%Adani Ports offered in the ...
Tags: Essar Ports, Chennai port, revenue share
Business Standard reported that Indian steel mill’s dependence on pellets as a raw material is set to increase by at least 13% points in the next two years, due to shortage of high grade iron ore in India. Data compiled by OreTeam ...
Tags: India, steel mill, pellets, raw material
It is learned that Indian major steelmakers are to enhance production capacity for another 24 million tons per year before financial year 2017-2018. According to the Steel Ministry, the state-owned SAIL will ramp up its capacity from ...
Tags: Indian major steelmakers, production capacity, financial year, 2018
Zimbabwe government has set up a committee to handle the paperwork on the sticky issue of iron claims ahead of the projected start of operations at NewZim Steel in January. Industry and Commerce Minister, Professor Welshman Ncube has said ...
Tags: iron, Mines, Mining Development, steel
PTI reported that country's major steel makers are set to add around 24 million tonnes per annum capacity through brown field expansions by 2017-18 involving investments to the tune of INR 0.1 million. According to a Steel Ministry data, ...
Tags: steel makers, steel, Steel Authority, steel capacity
Business Standard reported that the Chennai Port Trust has asked Essar Ports, the sole bidder for the INR 3,683 crore container terminal project at Chennai, to reconsider its offer that had offered a revenue share of 5.25%. A senior board ...
Tags: Chennai Port, Essar Ports, crore container terminal project, Chennai
Business Line reported that the fate of BOT berths to be built at Paradip port by way of PPP to handle iron ore and coal continues to be uncertain. The concession agreements between the successful bidders and the port authorities for ...
Tags: BOT berths, Paradip port, iron ore, coal
PTI quoted government auditor CAG as saying that state owned iron ore producer NMDC needs to come up with a specific strategy to acquire mines overseas. CAG in a recent report said that "Company has been making efforts to acquire mines ...
Mobility and security hardly go hand-in-hand. But not at the Essar Group. In fact, for this Indian, multinational conglomerate, security was the stepping stone to enterprise mobility and a vibrant BYOD environment. What got the ball ...
Tags: Meridian Infotech, electronical development, wireless solution, security
The cash differential for FOB Singapore 0.5% sulfur gasoil fell to more than a three-year low Wednesday, amid ample supply in the region and weak buying appetite for the grade ahead of a change in sulfur specifications for the Singapore ...
Tags: FOB Singapore, sulfur gasoil, gasoil, Singapore