ShaGang to lift EXW price for the first ten days of Mar

It is reported that leading China steelmaker Benxi Steel unveiled its price change details for Mar 2011 deliveries and most carbon steel prices keep unchanged with the same as that of the last ten days in February

1. Rebar
Mar prices keep unchanged from February level
HRB335 with diameter

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Iran sets deadline for Oman over Hormoz petchem unit

Tehran Times reported that Iran set 2 month deadline for Oman Oil Company to fulfill its obligations over the construction of Hormoz urea and ammoniac production unit in Assalouyeh of Southern Iran.

Mr Ahmad Heidarnia project manager of National Petrochemical Company said that in case of

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New DRI plant nears start of production in Iran

According to the Iranian governmental mines and metal holding company Imidro, Iran’s newest direct reduced iron plant has started trial production and is ready to start commercial operation.

Sources said that the Iranian Ghadir DR plant cost IRR 1,700 billion and it will have

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Port Pipavav registers best ever results in 2010

The financial results for the year ending December 2010 have been the best ever for Gujarat Pipavav Port Ltd (Brand name—APM Terminals Pipavav).

Financial highlights
According to a release, 2010 was of historic significance for Gujarat Pipavav Port Ltd. The company turned profitable

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Budget update - Cement prices may go up further

The Indian union budget move to reshuffle excise duty on cement may push up retail prices by INR 10 to INR 12 a 50 bag and add to the cost of construction.

Ms Vinita Singhania president of Cement Manufacturers Association said the budget has been quite a disappointment and was further

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