Pakistan’s Steel industry news and business
Wednesday February 21st 2018




‘International Steel Business’ Archives

Steel Prices in Developing Countries Starting to Rise

Turkish long product quotations have once again been heavily influenced by the movement in semi-finished steel and scrap values. Export prices have also been raised to accommodate the change. Shortages have continued to plague the flat products market. Material is currently being traded in excess of Erdemir's new set of basis prices. The mill is [...]

China makes strategic investment in Quebec iron ore

It is reported that commodity prices were boiling in March 2008, when little known Consolidated Thompson Iron Mines Ltd launched a USD 650 million Lac Bloom iron ore project about 1,000 kilometers northeast of Montreal.   Mr Richard Quesnel CEO of Consolidated Thompson Iron Mines Ltd said it was the first new iron ore mine in the [...]

Steel Production in China to Rise 6%, MIIT Forecasts (Update1)

By Bloomberg News Sept. 17 (Bloomberg) -- Steel production in China, the world’s largest maker, will rise 6 percent this year as demand from manufacturers and builders increase, according to figures from the Ministry of Industry and Information Technology. Output will reach 530 million metric tons, Zhang Dechen, a researcher at the [...]

Industrial sector enters restructuring phase

MULTAN (June 08, 2009): Pakistan's industries battered by falling exports amid the global economic slowdown, have entered a restructuring phase, which will encourage banks to enhance private sector lending, Former Punjab Minister for Industries Khawaja Muhammad Jalaluddin Roomi said while talking to newsmen here on Sunday. Private sector credit [...]

Abu Dhabi to invite power project bids by year end

Monday, 08 Jun 2009 Reuters reported that Abu Dhabi will be inviting international companies to bid for its ninth independent water and power project the Taweelah C project, by year end at the latest. Mr Abdulla Saif Al-Nuami director of privatization at the Abu Dhabi Water & Electricity Authority said that the request for proposals will be [...]

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