Pakistan’s Steel industry news and business
Saturday September 16th 2017

Categories

Insider

Archives

‘Middle East Steel’ Archives

Kang Hang Leung Asian Development Bank

Kang Hang Leung Asian Development Bank

No: ATEM/Br/E-12-786 Dated: 31-08-2012 To Kang Hang Leung Asian Development Bank Subject: AN INTRODUCTION TO AL-TECH PRIME GROUP. Dear All, We are pleased to inform you that we at Prime Engineering are one of the largest, and oldest, Steel Re-rolling & Steel Sleeper manufacturing Companies in Pakistan. As part of the well-known [...]

INTRODUCTION TO AL-TECH PRIME GROUP OF COMPANIES.

INTRODUCTION TO AL-TECH PRIME GROUP OF COMPANIES.

No: ATEM/Br/E-12-786 Dated: 31-08-2012 To Kang Hang Leung Asian Development Bank Subject: AN INTRODUCTION TO AL-TECH PRIME GROUP. Dear All, We are pleased to inform you that we at Prime Engineering are one of the largest, and oldest, Steel Re-rolling & Steel Sleeper manufacturing Companies in Pakistan. As part of the well-known [...]

MEPS sees global steel consumption at 1470 million tonnes in 2014

MEPS sees global steel consumption at 1470 million tonnes in 2014

UK based MEPS said that “Global consumption of finished steel in 2010 is expected to be approaching 1260 million tonnes. This represents an increase of 160 million tonnes on the year earlier figure.” MEPS added “By 2014, we expect the total to reach 1477 million tonnes, up by 220 million tonnes on the outturn in 2010.” It said “The [...]

Weak Gulf steel demand could lead to oversupply

Weak Gulf steel demand could lead to oversupply

Weak steel demand in the Gulf region might lead to oversupply in the market forcing prices to fall further in the coming weeks, steel traders said on Monday. Construction had slowed down in the Gulf over the past year as economic crisis set back many of the major projects in the region, curbing appetite for steel.

India’s Essar Steel in talks to acquire Kandil

India’s Essar Steel in talks to acquire Kandil

India's Essar Steel is reportedly in talks to acquire Kandil Steel, a mid-sized steel firm in Egypt. The former is believed to have sent feelers to Kandil Steel and is likely to offer a formal proposal to its management in the near future. With green shoots of recovery, Indian steel majors are seen consolidating their presence in the Middle [...]

Constructing steel prices

Constructing steel prices

Recently characterised by high prices, supply disruptions and business volatility, the steel industry knows challenging times. But on the cusp of a construction upturn, there is some hope for its future. Elizabeth Broomhall looks at the link between fluctuating steel prices and construction output. Perhaps even more dependent on the [...]

Benxi Steel exports 798,400 mt of finished steel products in Jan-May

Benxi Steel exports 798,400 mt of finished steel products in Jan-May

Liaoning Province-based Chinese steelmaker Benxi Iron & Steel's finished steel export volume in the January-May period this year reached 798,400 mt, the highest among steelmakers in China, according to data from Chinese customs. In early June, 7,000 mt of HRC produced by Benxi Steel was shipped to Brazil and Ecuador. Orders recently completed [...]

***SSS XXV UPDATE: Oil prices will continue to support steel consumption in MENA — Calis

***SSS XXV UPDATE: Oil prices will continue to support steel consumption in MENA — Calis

Rising oil prices will continue to drive steel consumption in the Middle East and North Africa, SteelConsult md Giles Calis told the Steel Success Strategies...

Rebate reduction and CNY appreciation might trigger the revival

Rebate reduction and CNY appreciation might trigger the revival

Chinese steel prices have traditionally been the lynch pin of movements in global steel market. Ironically despite all the odds the movements in the dragon land has defied the economic tenants and come out with rejuvenated resilience asserting its strength in the worst of times. The paradoxical movements in the Chinese steel industry has defied [...]

Middle East steel buyers shy of buying amidst plummeting prices

Middle East steel buyers shy of buying amidst plummeting prices

The ever rotting Middle East market seems poised for prolonged agony. The ever deepening gloom doesn’t leave any hope for reprieve and euthanasia seems to be the only recourse. Middle East market traditionally being the haven of long product demand has taken the maximum battering in this segment.

 Page 1 of 12  1  2  3  4  5 » ...  Last »