China could file suit at the World Trade Organization in order to protect its steel industry, the Commerce Ministry said on Tuesday, after the United States said some steel imports from China were hitting U.S. producers. The U.S. International Trade Commission said on Friday that imports of corrosion-resistant steel from China and four other countries …
BENGALURU: The Bengaluru Development Authority (BDA) on Monday invited suggestions from citizens on the proposed six-lane steel bridge that will connect Basaveshwara Circle to Hebbal grade separator. The BDA said Larsen and Tubro and Navayuga Engineering Company Ltd have participated in the tender process and so far, Larsen and Tubro has quoted the lowest rates. …
It was a somber mood at the boardrooms of Indian companies, which have huge exposure in Britain and in the European Union. Companies like Tata Motors (JLR),Tata Steel Europe and Motherson Sumi are expected to face falling sales, increased costs of operations and immigration barriers for its employees. Though the actual exit of Britain will …
China’s crude steel output growth has inched up in May, compared with April, rising by 1.8% from a year ago, according to the World Steel Association (WSA). This increase is despite a declining trend in iron ore and steel prices during the month. The declining trend in iron ore prices continued in June and the …
China’s steel output increase will add to investors’ fears Read More »
Lower input costs and improvement in domestic realisations due to reduction in imports may lead to gradual recovery in the domestic steel industry, Care Ratings has said in a report. The domestic steel industry has been struggling for the last couple of years owing to a combination of factors like rising imports particularly from China, …
Domestic steel industry may see gradual recovery: Care Ratings Read More »
Investments to the tune of more than Rs 10 lakh crore would be required in coal mining and allied sectors like power, steel and cement to achieve the target of 1.5 billion tonnes of coal production by 2019-20, according to a report. “India has set an ambitious target of 1.5 billion tonnes (BT) of domestic …
Rs 10 lakh cr investments needed for 1.5 bn tonne coal output: Report Read More »
Mumbai: Even as fears of Britain’s exit from the European Union (EU) are receding, in the event that Brexit—as the term is called—becomes a reality, apart from the repercussions on the market, a few Indian companies also stand to be hit, due to their exposure to the UK. According to CLSA, accounting for $48 billion …
Tata Motors, Tata Steel among firms that may take Brexit hit, say analysts Read More »
DUBAI: Liberty House Group has lined up financing from banks in the United Kingdom and India as well as several private investment firms to support its bid to acquire the British assets of Tata SteelBSE -0.25 %, Executive Chairman Sanjeev Gupta told Reuters. The firm is one of a number of companies that have put …
Liberty lines up banks, private funds for Tata Steel UK bid Read More »