News & Articles from June 2012
June 29, 2012 | Posted by Bureau
 The contract between an Indian consortium comprising seven leading players from the iron and steel industry, and the Afghanistan government for extraction of ore from the Hajigak mines as well as the setting up of a steel plant, a thermal power plant and necessary infrastructure, is likely to be finalized by the end of July, [...]
Categories: News | 
Tags: coking coal, Indian consortium, infrastructural support, Investment Summit, steel plant, steel project, thermal power plant | 
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June 29, 2012 | Posted by Bureau
 A and S Steel Buildings Corporation, the construction division of Universal Steel Buildings Corp. has been awarded a General Services Administration (GSA) Federal Supply Schedule Contract by the US government for supply and construction of Olympia Steel Buildings® pre-engineered steel buildings to federal, state and local governments. They will now be eligible to use GSA [...]
Categories: News | Tags: GSA certification, Olympia Steel Buildings, pre-engineered steel buildings, precision engineered, Steel Buildings, Universal Steel Buildings Corp | No Comments »
June 28, 2012 | Posted by Bureau
 The battle to take control of Orissa Sponge, currently promoted by the Mohanty family, has revived after a gap of three years with Bhushan Steel, promoted by Brij Bhushan Singal and Neeraj Singal, once again making their open offer to acquire up to 20% additional stake at a price of Rs 360 a share. Two [...]
Categories: News | Tags: acquisition, Bhushan Power, Bhushan Steel, Monnet Ispat, Orissa Sponge, sponge iron | No Comments »
June 28, 2012 | Posted by Bureau
 A new financial consortium comprising seven PSU banks and two financial institutions has been formed with the aim of creating a greater uniformity in approach and terms of lending for speedier sanction and earlier financial closure of large infrastructure projects worth over Rs 1,000 crore each. These financial institutions are State Bank of India, Punjab [...]
Categories: News | Tags: financial consortium, infrastructure financier, infrastructure projects, power sector, project funding, road sector, telecom | No Comments »
June 28, 2012 | Posted by Bureau
 Boston may soon have a new building that soars above its current tallest, the John Hancock Tower with businessman Steve Belkin announcing plans to revive his 2006 project for a skyscraper in the city’s financial district. It is however believed that the new skyscraper may be shorter than the 1,000-foot, 80-storey glass tower he proposed [...]
Categories: News | Tags: construction financing, new skyscraper, tallest tower, Trans National Group | No Comments »
June 28, 2012 | Posted by Bureau
 The world’s largest modular steel manufacturing factory will open in Indapur in Pune district, Maharashtra by March 2013, according to Chairman of the Modulex Modular Buildings Plc, UK, Suchit Punnose. The factory is being set up at a cost of Rs 100 crore. Punnose, who made the announcement at a function in London in the [...]
Categories: News | Tags: modular steel manufacturing, Modular steel technology, Modulex Modular Buildings, Red Ribbon Asset Management Plc | No Comments »
June 28, 2012 | Posted by Bureau
 Nucor-Yamato Steel Company, a joint venture between Nucor and Yamato Kogyo Co. Ltd., has drawn up a $115 million expansion plan to increase production of hot rolled sheet piling at Nucor’s steel mill in Blytheville, Arkansas, according to a statement from Nucor. Production at the expanded facility is expected to commence in early 2014. Upon [...]
Categories: News | Tags: bridge & highway construction, heavy civil construction, hot rolled sheet piling, largest recycler, marine construction, Nucor-Yamato Steel, steel products | No Comments »
June 27, 2012 | Posted by Bureau
 Soon after creating the master plan for Dubai city, British architect John Harris was commissioned by Sheikh Rashid bin Saeed, then Ruler of Dubai, to conceptualise and create the World Trade Centre, a building that was to emerge as a pathbreaker as well as an architectural symbol in the region. Dubai World Trade Centre, a [...]
Categories: News | Tags: architectural symbol, Dubai World Trade Centre, high rise, pathbreaker, symbolic significance, tallest building | No Comments »
June 27, 2012 | Posted by Bureau
 Plans are underway to give Israel its tallest skyscraper, a multi-million-dollar, 80-storey office –tower and transportation hub in the country’s financial capital, Tel Aviv. Alongside the skyscraper, which will be a mixed use project, there will also be three 45-storey towers, one of which will contain offices and the other two apartments, as well as [...]
Categories: News | Tags: Ayalon Freeway, residential buildings, tallest skyscraper, Tel Aviv, transportation hub | No Comments »
June 27, 2012 | Posted by Bureau
 A major landmark in the rebuilding of the new four-tower complex at the site of the World Trade Center in New York was completed a few days ago when the final steel beam was lifted to the top of the 72-storey 4 World Trade Center, marking the completion of the structural steel framework of the [...]
Categories: News | Tags: rebuilding, skyscraper, steel beam, structural steel framework, World Trade Center | No Comments »
