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Industry TrendsNews

The Road ahead for Powering India

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Economic growth in India, the world’s second fastest growing major economy, could be crimped by a shortage of power, a sector where the country hasn’t had much success in adding generating capacity, attracting private sector investment, reforming distribution and reducing losses in transmission. The government has tried to increase power......
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Electrical Equipment Sector maintains growth at 16.6% during Q1 2011-2012: IEEMA

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4 August, 2011 The Indian electrical equipment manufacturing industry registered a growth of 16.6% during Q1 of FY 2011-2012, maintaining almost the same growth as Q1 of 2010-2011. Which stood at 16.73%. Indian Electrical and Electronics Manufacturers’ Association (IEEMA), the apex Indian industry association of manufacturers of electrical, industrial electronics......
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SAIL to commission 4 major projects including Wire Rod Mill at ISP

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19 August, 2011 SAIL Chairman Mr. C.S. Verma (centre) with SAIL Director (Personnel & Technical) Mr. B.B. Singh (extreme left) reviewing the progress of the Coke & Sinter Despatch Yard. Steel Authority of India Ltd. (SAIL) has embarked on a major expansion-cum-modernisation plan at a cost of Rs. 72,000 crore......
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Bekaert expands wire business in China through acquisition of Qingdao Hansun Steel Co. Ltd

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19 July, 2011 Bekaert, a worldwide technological and market leader in drawn wire products and advanced coatings, signed an agreement with Hankuk Steel Wire Co. Ltd (South Korea) for the acquisition of the Qingdao Hansun steel wire plant in Qingdao (Shandong Province, China). The Qingdao Hansun entity started up in......
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ArcelorMittal Hamburg modernizes wire rod mill

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29 July, 2011 ArcelorMittal Hamburg GmbH, Germany, has placed an order with SMS Meer, Germany, for the modernization of a two-strand wire rod mill. The annual capacity amounts to 900,000 tons. With this revamp ArcelorMittal aims to improve the product quality with a view to further consolidating its leading position......
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Uhing sets the Web in motion: online video showing a rolling ring drive in operation

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20 August, 2011 The accuracy of its execution is what fascinates us in a motion – no matter whether it is slow or fast. To share this fascination with its most popular product, Joachim Uhing KG has published a Web video showing its rolling ring drive. A video offers much......
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Jindal Steel and Power Ltd. signs MoU with Rio Tinto on advancing HIsmelt technology

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6 August, 2011 Jindal Steel and Power Limited (JSPL) signed an MoU with Australian mining major, Rio Tinto to jointly work towards global commercialisation of the HIsmelt technology to be used in a fully integrated steel making facility. JSPL will be introducing the HIsmelt technology for the first time in......
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Noranda Aluminum Mulls $100M Expansion

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28 July, 2011 Noranda Aluminum Holding Corp. is considering spending as much as $100 million on expansions that could add incremental capacity at its flat-rolling operations and double rod output. The company is reviewing a number of projects that will add incremental capacity or free up capacity in each of......
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Candor Sweden AB – A unique partner for surface treatment of wire!

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CANDOR was founded in 1946 and is specialized in processes & equipment for the surface treatment- and metal finishing industry. The combination of our know-how in chemicals & processes and our advanced equipment for plating & cleaning of wire makes us unique on the market. CANDOR supplies both single and multi......
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