Construction

Thailand launches probe into Chinese rolled steel imports – ET Infra

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[ad_1] BANGKOK: Thailand has launched an investigation into imports of Chinese rolled steel for evading anti-dumping measures, the commerce ministry said in a statement. The probe includes hot-rolled steel sheets in coils and non-coils from 17 manufacturers in China, according to the statement published on Sept 15. “There is sufficient evidence that there is avoidance

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Cement companies’ green power mix likely to rise to 42 pc by FY25: Report – ET Infra

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[ad_1] Cement companies‘ green power mix is likely to jump to 40-42 per cent by FY25 from 35 per cent in FY23, which will lead to savings of 140-160 basis points by way of lower energy cost, a report said on Monday. Major cement players are looking at reducing their emissions by 15-17 per cent

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Naveen Jindal to continue on board as non-executive director – ET Infra

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[ad_1] Naveen Jindal Jindal Steel and Power on Monday said its chairman Naveen Jindal will be re-designated as non-executive director from October 1, 2023. The term of appointment of Naveen Jindal as Executive Director, designated as Chairman, is due to end on September 30, 2023, the steel maker said in a filing to BSE. “Naveen

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B L Kashyap & Sons secures Rs 167 cr order from Delhi Intl Airport – ET Infra

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[ad_1] Worldmark Aerocity Delhi MUMBAI: Engineering, Procurement and Construction company B L Kashyap & Sons Ltd has secured an order of Rs. 167 crores from Delhi International Airport Ltd. The company has received the order for civil and structure work for a project at Gateway District, Aerocity, Indira Gandhi International Airport (Domestic). The current order

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L&T Realty sold out all the homes in the first phase 1 in Chennai – ET Infra

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[ad_1] CHENNAI: L&T Realty, the real estate division of engineering and construction conglomerate Larsen and Toubro, has sold out all the homes in the first phase of its maiden residential project in the city, the company said on Sunday. L&T Realty is engaged in the construction of Avinya Enclave in Manapakkam and the residential project

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Signature Global plans to launch 21 million sq ft projects – ET Infra

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[ad_1] Signature Global, an NCR-based real estate developer, plans to launch 21 million square feet of projects in the next three-five years, primarily in the mid-income housing sector as it looks to reduce debt, said founder and chairman Pradeep Aggarwal. The company, supported by IFC and HDFC Capital Advisors, intends to generate as much as

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Birla, JK Laxmi Cement can rally over 20% each in next 12 months – ET Infra

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[ad_1] Representative Image September quarter tends to be the seasonal week for the cement sector as construction activities take a back seat due to the monsoon. However, this time demand remains buoyant due to weak monsoon, elevated pre-election spending, infrastructure development, and sustained demand from real estate as well as capex-intensive industrial projects. Cement prices

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Tata Steel plan for port Talbot to lead to huge savings: Koushik Chatterjee – ET Infra

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[ad_1] Tata Steel‘s resolution for its Port Talbot plant will see the UK government make one of the largest-ever investments in the steel industry as they collectively move towards sustainable production. The steelmaker will be setting up a three-million-tonne electric arc furnace (EAF) at Port Talbot, which will not only lower carbon emissions, but will

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Greener steel production is the first step. Next comes scaling it up – ET Infra

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[ad_1] Last week saw two major milestones in the global effort to make steel production less damaging to the climate. Boston Metal raised $262 million of venture funding for its electricity-based steel- and metal-making technology, while Sweden’s H2 Green Steel assembled €1.5 billion in equity to build its first plant that will use hydrogen to

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Jindal stainless invests Rs 100 cr in Rathi Super Steel – ET Infra

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[ad_1] Jindal Stainless Ltd plans to invest ₹100 crore in Rathi Super Steel over the next two years as it looks to increase its offerings in the infrastructure space over the medium term. Jindal Stainless had acquired debt-laden Rathi Super Steel for around ₹200 crore through the debt resolution process earlier this year. “This is

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