Monnet Ispat & Energy’s fiscal 3Q 2009 (ending December 31, 2009) NI rose by 103% YoY to INR680 mn from INR335 mn in fiscal 3Q 2008. Total income for the period fell by 6.97% YoY to INR3,721.9 mn from INR4,000.8 mn in fiscal 3Q 2008, while Total Expenditures declined by 17.9% YoY to INR2,778.0 mn [...]
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[DCB IN] Dalmia Cement :: increases in OCL India from 21.7% to 45.4%
Dalmia Cement (Bharat) has raised its stake in OCL India to 45.4% from 21.7% percent earlier, in an all cash deal. Dalmia Cement bought 13.46 mn shares, or 23.66%, of OCL India at INR131.83 per share.
Dalmia Cement (Bharat) Ltd. Of India manufactures cement, clinker and sugar. The manufacture and sale of sugar accounts for a [...]
[ESRS EY] Al Ezz Steel :: hikes Feb rebar prices by 7.5%, HRC by 6.2%
Ezz Steel Rebars, Egypt’s largest steel manufacturer, has raised its February prices for steel rebars free-on-truck (FOT) by 7.5% to EGP3,280 per ton ($698), from EGP3,050 in January. The company said that the increase was driven by price rises of raw materials in global markets. In addition Al Ezz Steel hiked by EGP200 per ton [...]
[2002 TT] China Steel Corp :: appointed new President; raised March prices
China Steel Corp appointed Mr Tsou Juo-chi as President, replacing Mr Chen Yuan-cheng, The Taipei Times reported on Thursday, January 21. The appointment is subject to approval by the company’s board. An extraordinary meeting of the board is to be scheduled.
Separately, the Economic Daily reported, citing an unnamed institutional investor, that China Steel’s 2010 pre-tax [...]