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Construction Materials Industry News

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Aluminium body seeks safeguard duty on Chinese imports
Saturday 19th Nov 2011    1252
Aluminium body seeks safeguard duty on Chinese imports
 
Hyderabad : The Aluminium Association of India (AAI) is contemplating to lodge a complaint with the government on cheaper Chinese imports that are expected to harm the domestic industry in the....
 
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Iron ore export estimates lowered after 25% dip
Saturday 19th Nov 2011    1255
Iron ore export estimates lowered after 25% dip
 
New Delhi : With over 25% decline in iron ore exports during the April-October period, Federation of Indian Mineral Industries today further lowered the exports target to 60 million tonne for the....
 
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Q&A: Arup Roy Choudhury, CMD, NTPC
Friday 18th Nov 2011    1258
Q&A: Arup Roy Choudhury, CMD, NTPC
 
New Delhi : With a generation capacity of 35,354 Mw, government-owned NTPC – the country’s largest power utility – is operating relatively unruffled amidst the crisis grappling the sector — from coal....
 
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Slowing economy will affect iron ore exports: Govt
Friday 18th Nov 2011    1273
Slowing economy will affect iron ore exports: Govt
 
New Delhi : Painting a bleak picture, the Steel Ministry today said iron ore exports will be under pressure and overall growth of the industry may be affected due to global competition....
 
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BGR Energy rises on Rs 1,698-cr EPC contract
Thursday 17th Nov 2011    1252
BGR Energy rises on Rs 1,698-cr EPC contract
 
Mumbai : BGR Energy Systems has moved higher by 4% to Rs 289 after securing Rs 1,698 crore EPC contact from the New Delhi-based TRN Energy Private Limited for setting up....
 
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Unitech sells properties worth Rs 2,088 cr in Apr-Sep
Wednesday 16th Nov 2011    1252
Unitech sells properties worth Rs 2,088 cr in Apr-Sep
 
New Delhi : Realty major Unitech today said the company has sold 3.71 million sq ft of area worth Rs 2,088 crore and reduced its debt by nearly Rs 400 crore in....
 
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Karnataka iron ore e-auction base price reduced by 10%
Wednesday 16th Nov 2011    1264
Karnataka iron ore e-auction base price reduced by 10%
 
Bengaluru : Brought down from Rs 2,700 a tonne for fines and Rs 3,700 for lumps; 2 mt to be auctioned on Tuesday.

The ore-starved steel companies in Karnataka, which had complained....

 
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OMCs cut crude oil inventory to save on working capital
Tuesday 15th Nov 2011    1260
OMCs cut crude oil inventory to save on working capital
 
New Delhi : Hit by higher borrowings, interest costs and delayed government compensation, the three state-owned oil marketing companies (OMCs) are cutting crude oil inventories.

Indian Oil Corporation (IOC), the country’s biggest refining....

 
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Areva T&D wins Rs 200 cr order from PowerGrid Corp
Tuesday 15th Nov 2011    1252
Areva T&D wins Rs 200 cr order from PowerGrid Corp
 
New Delhi : Areva T&D, a part of Alstom Grid, today said it has bagged a Rs 200 crore contract from state-owned PowerGrid Corp for setting up a transmission network at Bareilly,....
 
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Gross calorific value to define coal pricing
Tuesday 15th Nov 2011    1269
Gross calorific value to define coal pricing
 
Kolkata : Coal India Ltd, a Maharatna company, is set to usher in a new era of pricing by benchmarking coal on the basis of its gross calorific value (GCV) from....
 
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