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September 08, 2008

Chinese News

China steel prices supported by slower
ArcelorMittal to provide H beam technology
China domestic steel price has limited
Chinese HRC export price remain
32 Chinese steelmakers in top 80
Nanjing Steel unveils EXW prices for
International Mineral to pay USD 1.5 billion
Wuhan Steel hikes August
Baosteel develops deep aluzinc
Shougang output costs to increase by CNY 2.8
Chinese billet prices further increase in
Scrap price falls back in
China raises on grid power rate to help
China domestic prices influence global

Indian News

Indian Coal Industry Outlook till
Indian per capita use of steel reaches 43.4
SAIL steps up availability of steel in
TATA Steel may begin work at Kalinga Nagar
SAIL improves techno economic parameter in
Update on SAIL modernization and expansion
Environmentalist to oppose water supply to
SAIL inks MoU with
Indian car sales in June up by 8%
Stanley Works plans expansion in Madhya
CESC to pay 40% dividend for 2007-08
BGR Energy beats BHEL to bag TNEB
ABB to power Delhi International
Stone laid for Narla Tata Rao thermal power
Metro rail project in Navi
TATA Motors gives a tough
Pratibha Inds bags INR 179 crore contract
LJP to reopen chemical fertilizer plant in
India finalizes oil & gas cooperation
Mr Deepak Gupta joins as new secretary of
GVK BHP consortium won bids for 7
GSPC emerged as winner in 11 blocks in
Aditya Aromedic starts commercial production
Domestic pricing trends in
Ennore Port shortlists 6 firms for container
TATA Steel team completes Mt Kilimanjaro
Umicore to spend USD 10 million on India
GVK ups stake in Gautami Power to
New Mangalore Port workers to join
PSL lines up USD 60 million CAPEX
RINL focus on value added
Government to meet steel producers over
Mr Ravi Khetarpal new CMD of Bharat
Mundra Port –
Godawari Power inks MoU with Chhattisgarh
Shree Precoated press release on FY 08
Mr Sudhir Srivastava appointed as senior VP
NHRC probe into human rights violation at
Top 10 corporate taxpayers of
SPML ties up CH Karnchang for airport
Ineos, Mitsui in race for equity stake in
Essar nets INR 200 crore for Esmark bid
Mangalore port stake in
JSW Steel Q1 2008 crude steel output up by

International News

Top 80 steel producing companies in
Global products steel price in June up by7%
Olympic Steel plans for new processing
CMC acquires assets of ABC Coating companies
Bekaert workers strike over plant closure
POSCO orders for SMS and slab caster for new
Japan offering HRC at USD 1,070 FOB to
Workers file lawsuit against Sidor for non
Tenova receives FAC for walking beam furnace
CCS could reduce global CO2 emissions by one
Taiwan HDG imports drop in
Votorantim Metais secures USD 336 million
CSC updates for June 2008
IEA cuts global supply growth
ArcelorMittal eyeing Indonesian cable maker
JPMorgan starts Gerdau at
Reliance Steel begins cash tender offers to
Domestic steel price trends in India, China

Middle East News

Erdemir export offers for July 2008
BHEL bags USD 485 million thermal power
Iranian mineral exports exceed USD 2 billion
Sumitomo becomes lowest bidder for Ras
UASC place order for 9 ships with Samsung
Iran to privatize 230 state run companies by
Oman Cables and Takamul set up
Sohar Power to open IPO for subscription
DTZ Qatar named leasing agents for Tornado
Emaar and Capri to develop SAR 7.5 billion
ONGC Videsh short listed for oil field
Steel prices in Middle East
Gulf shipping firms fuelling
Al Ezz Steel increases July steel
Sinotrans enters into Saudi Arabian
ArcelorMittal stands firm in Turkish market
Ezz Steel Q1 2008 net profit up by 56%
Tamouh Investment invites bids for ski dome
Turkey and Iran discuss gas pipeline project

Russian News

Mechel commissions new production line at
Russia may limit coking coal exports -
NLMK clears quality management system
Severstal begins preparatory work for
Uzbekistan to build pipeline to pump Turkmen
Rosneft to change pricing formula in Chinese
Ukrainian gas debt to Gazprom subject to
Ukraine may attempt to build CTL

Special Steel News

Global stainless steel output in Q1 up by
US DOC finds subsidization of stainless
Taigang special steel project put into
European ferrochrome price for Q3 at record
Baosteel produces stainless steel or quake
Philippine nickel ore shipments to China
Import price of chrome ore at Tianjin

Raw materials and mining News

Indian iron ore exports to
CCIA warns of export tax hike on
Xstrata Coal commits to Port Alma pre
Vietnam coal exports in H1 drop by
Exxaro refines executive management
18 killed in coal mine shaft collapse in
Jinxi Steel to invest CNY1.34 billion to
WISCO may begin to export
17 firms submit EoI to CIL to develop UG
Scott Corp inks new deal to transport coal
Huaibei Coalfield's Suntuan coal mine starts
Locals opposing Ganjam titanium project in
Jiuquan to put USD 4.4 billion assets into
PT Bayan to raise about USD 694.5 million
Polo Resources starts drilling at Erdentsogt
Zinifex Limited requests for removal from
Giralia Resources has AUD 77 million for
Xstrata Copper appoints Mr Roberto as new GM
Mr Liping Zhu appointed as president & CEO
Wesfarmers chairman to step
Goa mine owners upset over hike in iron ore
Emco to set up 600 MW thermal plant in
CIL to develop 7 underground
CIL CCL promotes 5500

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