Beitai Steel to save CNY 800 million on energy in 2010

Northern Chinese steelmaker Beitai Iron and Steel Group has stated that, due to its program for energy savings and emissions reductions, it managed to save CNY 400 million in the H1 2010 and expects to make savings of CNY 800 million for the whole of the year.

In 2009 Beitai Iron and Steel

More Info

Read More

China steel exports in H1 surges by 153pct YoY

According to statistics from CISA on August 3rd, the nation steel exports surged 153.27%YoY during the first half.

China exported 23.579 million tonnes of steel products and 116,100 tonnes of billets, equivalent to crude steel exports of 25.201 million tonnes up by 153.27%YoY.


More Info

Read More

Siemens bags Yanbu power plant contract in Saudi Arabia

Trade Arabia reported that Siemens has won a contract from Hanwha Engineering & Construction of Korea, to supply demineralization equipment and condensate polishing systems for a power plant in Yanbu of Saudi Arabia.

Hanwha is in charge of the expansion project of the state controlled Power

More Info

Read More

Rays of recovery - Ford India July sales jump four fold

Car maker Ford India reported a four fold increase in sales to 8,739 units in July 2010 compared to 2,146 units in the same period last year.

The company said that “The sales boom is driven by overwhelming consumer demand for the new Ford Figo.”

The reports added that since

More Info

Read More

Highway projects in Punjab on fast track

The problems faced by the Panipat to Jalandhar road project will be solved as the Punjab government and the NHAI have agreed to provide one exclusive entry and exit point for Ludhiana and ensure completion of the project by June 2011.

The reports added that a total of four projects with a

More Info

Read More