China's slowing power consumption and falling railway freight are signs of progress in economic restructuring, rather than evidence of failing industry, the statistics chief said on Thursday. Power use and rail freight are two major ...
Tags: power consumption, railway freight
It is reported that the steel mills in India are considering a price hike for about US$15/ton starting from January in 2014 due to the increased domestic railway freight charges which imposed peak session charge from October and raw ...
Tags: steel, Construction
China’s National Development and Reform Commission (NDRC) has announced that as of February 20 railway freight charges in China have increased by RMB 0.015/mt/km ($0.0024/mt/km) to RMB 0.1301/mt/km ($0.0207/mt/km), rising by 13 ...
In an interview with ET Now,Mr CS Verma CMD of NMDC,shares his business outlook and talks about the iron ore price cut. Q-There is a surprise move because the street was probably expecting a rise in prices.Why this 6%cut? A-We take a ...
Lhasa State-level Economic and Technological Development Zone It is located in Tolun Dechen County of Lhasa City, with a planning area of 5.46 km2, about 10km from the center of Lhasa City, 40 km from Lhasa Gonggar Airport, 2 km from ...
Tags: TAR, survey, economy, investment
Of late, there are allegations that the nation's largest iron ore producer, government owned NMDC, is exporting it to Japan at a much lower price than what the domestic steel industry pays. Also, with Mr CS Verma being the chairman of ...
Tags: ore producer, NMDC, sponge iron
India s largest cement maker, UltraTech Cement, has sought Government assistance for the cement industry to help it come out of the challenging times posed by soaring operational cost and slowing demand. Kumar Mangalam Birla, Chairman, ...
Tags: market view, cement
Three of the four top cement players that have so far reported results for the March 2012 quarter, have recorded higher operating profit margins year-on-year. Some have improved it sequentially, too, helped by higher realisations. At Rs ...
Tags: market view, cement