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Friday, April 2, 2010

New building projects push cement sales up in Pakistan

Gulf News reported that the start of construction work on new small apartments’ projects and large scale renovation of houses in Pakistan have pushed up the local demand and sales of cement.

Around 35 to 40 new projects of small apartments have been launched in Karachi since Ramadan

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Hyundai and Samsung win nuclear power plants order in Abu Dhabi

Bloomberg reported that the companies plan to complete the plants by May 2020 for Korea Electric Power Corporation.

Hyundai Engineering & Construction and Samsung C&T have won a USD 5.59 billion order to build nuclear power plants in Abu Dhabi.

Hyundai Engineering and Samsung C&T said in

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Kardemir celebrates its 73rd anniversary

Steel Orbis reported that Turkish long steel producer Karabuk Demir Celik San, Kardemir celebrated the 73rd anniversary of its foundation with the attendance of Mr Mehmet Ali Şahin VP of Turkish Republic at the Karabük University symposium entitled Karabük and Demir Çelik

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US DOC finds de minimus subsidy in steel pipes from Turkey

US Department of Commerce announced in the Federal Register the preliminary results of its countervailing duty administrative review for certain welded carbon steel standard pipe from Turkey.

The administrative review covering February 1st 2008, through January 31st 2009 concerns Borusan

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Rebars prices in Oman up by 20pct in 2 weeks

According to the quotes list issued by the Oman’s Department of Consumer Protection in the Ministry of Trade & Industry, the locally produced as well as imported rebar prices in Oman increased more than 20% compared to the prices 2 weeks ago.

Prices of locally produced rebar by

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