Hungarian steel wire maker acquired by Czech Company
Hungary’s D and D Drotaru has been acquired by Czech Trinecke Zelezarny, making it the biggest maker of steel wire and reinforcement bars in Central
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Emirates Steel increase market share in 2010
According to figures released by the company, rebar production increased by 7.5% in 2010 compared to 2009, while the output of wire rod went up
New chairman for IWMA elected at 40th Annual General Meeting
After three years as IWMA chairman Stephen Wood’s tenure of office ended on 2 February when he was succeeded by vice chairman Colin Dawson of
ElSewedy of Egypt to Delay Building Cable Factory in Libya
ElSewedy Electric will delay investing $65 million to build a plant in Libya after unrest in the North African country. The company is said to
Borouge awards US$169 million contract to Hyundai for construction of speciality plastics unit in Abu Dhabi
Borouge has awarded a contract worth US$169 million to Hyundai Engineering and Construction of South Korea to build a cross-linkable polyethylene (XLPE) unit at its
Hindustan Cables Revival Under Consideration
The Heavy Industry Ministry said that it has written to the steel ministry for considering sick state owned Hindustan Cables revival through Steel Authority of
CRU 5th Wire and Cable conferenceCRE
CRU’s 5th Wire and Cable conference, incorporating the 32nd KMI Fibreoptics conference, will take place from 15-17 May, in Amsterdam, The Netherlands. Leading figures from
Finolex Cables to form JV with Corning Inc
Finolex Cables Ltd and Corning Incorporated have executed an agreement to establish a 50/50 equity venture to market select telecommunication products in India. The venture
JSW to buy Ispat to become India’s largest steel producer
Sajjan Jindal-led JSW Steel said it will buy controlling interest in Ispat Industries at an enterprise value of $3 billion to emerge as India’s largest
Ramsarup to restructure Rs1,800 crore debt
Ramsarup Industries, wire and TMT bar manufacturer, is going for corporate debt restructuring (CDR) to attract private equity (PE) investment. The company currently has Rs