Hunan Province-based Chinese steelmaker Valin LY Steel Co. (LY Steel) has announced that it achieved sales revenues of RMB 28.33 billion ($4.6 billion) in 2013, with a net profit of RMB 272 million ($44.6 million) following the losses it ...
Tags: Steel, Steel News, LY Steel
It’s reported that the Indian steelmaker, Steel authority of India Limited (SAIL) announced to hike prices for both flat and long steel products by US$8~US$11/for January sales and shipments as they see the improved market situation ...
Tags: Steel, Steel Prices, Indian Sail
According to the Union Minister for State for Commerce and Industry E M Sudarsana Natchiappan, the global turnover of packaging is about $550bn . "The annual growth rate of this sector is about 15 per cent per annum and it is expected ...
India has lifted the 6.5 percent anti-dumping duty imposed on import of polypropylene (PP) from Oman in November 2010, Indian Ambassador to the Sultanate, JS Mukul told reporters in Muscat, reports Times of Oman. The decision of the ...
Tags: PP Import, Anti-Dumping Duty
The All India daily kappas arrivals are approximately 2 lakh bales. Approximately 1.20 crore bales have arrived in the market and getting sold consistently as Mills and exporters are covering as per their requirements. North Mills and a few ...
Tags: Cotton Markets, Apparel
Be it a family holiday to exotic locations in Europe or US, sporting branded jewellery, driving around in top-end SUVs, going out for a fine dining in five star hotels, India’s luxury life style market has remained largely affected by ...
Tags: Luxury Market, Apparel
For nearly two decades, Swaminomics has argued that India must stop treating the outside world as a threat -- as in the old socialist days -- and view it as an opportunity. Historically, India was and can once again become a great trading ...
Tags: Manufacturing, Processing Machinery, Machinery Manufacturers
Indian automaker Tata Motors has reported the cumulative sales of 435,095 vehicles, including commercial and passenger vehicles, in 2013. Commercial vehicle sales of the company throughout the year were 295,319 units, which includes LCV ...
Tags: Tata Motors, Vehicles Sale
Handloom weavers in India, under the banner of the All-India Federation of Handloom Organizations, will hold ‘Banashankari yatra’ against the mechanization of handlooms in the country. Speaking at a press conference, P ...
During the past two decades, the installation of latest technology textile machinery has taken place in huge numbers. This has created a demand for quality textile spares & retrofitting assemblies to help the user achieve their set targets ...
KH Muniyappa, India’s Minister of State for Micro, Small and Medium Enterprises, said there is a need to follow Chinese model for promoting indigenous Indian products like khadi. Speaking to reporters on the sidelines of Khadi ...
Tags: Promoting Khadi, Chinese Model
The Competition Commission of India (CCI) has announced that it has approved the proposed merger between Indian steelmakers Uttam Galva Steels Limited (UGSL) and Shree Uttam Steel and Power Limited (SUSPL). The CCI stated that the ...
Tags: steel, metallurgy
Indian steel producer Essar Steel has announced that it has received an order for 13,000 mt of high quality steel plates for the Jazan oil refinery expansion project of Saudi Arabian state-owned oil and natural company Saudi Aramco. Essar ...
Tags: steel, metallurgy
A third or more of all the honey consumed in the U.S. is likely to have been smuggled in from China and may be tainted with illegal antibiotics and heavy metals. A Food Safety News investigation has documented that millions of pounds of ...
Tags: honey, Chinese honey, food safety
India on Sunday successfully launched its first rocket using domestically produced booster technology after several previous missions had failed, taking another step forward in its ambitious space programme. The Indian-made ...
Tags: rocket, space programme, India, cryogenically-powered rocket