Search Results for: Pakistan

BY MICHAEL STEIN, IN PRAGUE; AND RAHIMULLAH YUSUFZAI, IN PESHAWAR

Senior government officials in the Pakistan province of Sindh have told Steel First they are keenly awaiting the promised launch of a Czecho-Pakistani project to build a CZK6.1 billion (USD320 million) private steelworks facility in Pakistan.…

BY RAHIMULLAH YUSUFZAI, IN PESHAWAR

The chief executive officer of Pakistan Steel Mills (PSM) has told Steel First his company is seeking an advance on agreed Pakistan government bailout funds agreed this July. Retired Major General Muhammad Javed stressed the company was not seeking fresh subsidies, but needed a second Pakistan Rupees PKR5.40 billion (USD56.2 million), tranche of the PKR14.6 billion (USD151 million) approved by the cabinet’s economic coordination committee.…

BY POORNA RODRIGO

Bangladesh has scrapped 203 ships so far this year, making it the largest number ever in the history of its thriving ship breaking industry, the Bangladesh Ship Breaker’s Association (BSBA) secretary Nazmul Islam has told Steel First.

In 2010 Bangladesh scrapped only 75 ships, and the number improved to 145 in 2011 before it shot up to 203 in this year so far.…

BY RAGHAVENDRA VERMA, IN NEW DELHI

GYPSUM producers and users have been key beneficiaries of the slow liberalisation of trade controls between India and Pakistan, Industrial Minerals can report. The Wagah border post linking the Indian state and Pakistani province of Punjab – a region divided in 1947 when Indian and Pakistan became independent, now processes a roaring trade in Pakistani gypsum.…

BY PACIFICA GODDARD

10 SEPTEMBER 2012

MOROCCO, Tunisia, and Egypt – respectively the sixth, seventh and sixteenth largest exporters of knitwear to the European Union’s 27 member states, as measured by sales value – have traditionally been competitive knitwear producers and exporters.…

BY CARMEN PAUN, IN BRUSSELS

THE EUROPEAN textiles industry has expressed concern about the potential impact of an EU decision, approved Thursday by the European Parliament, to waive import fees for textiles from Pakistan.

"This measure will not help the population in need…and will have an impact on the EU textile industry and especially on the cotton one," said Luisa Santos, head of international trade at the EU’s textile association, Euratex.…

BY RAHIMULLAH YUSUFZAI, IN PESHAWAR

Pakistan Steel Mills (PSM) has added its voice to growing demands that the Pakistani government combats duty evasion by importers of Chinese-made boron added alloy wire rod, which is being imported illicitly as non-alloy carbon wire rod.…

BY RAGHAVENDRA VERMA, IN NEW DELHI

India’s fast growing personal care products industry – particularly its cosmetics portion – is waking up to the major potential of the country’s rural and semi-urban markets. Major players are targeting these new aspiring consumers with innovative campaigns and targeted products and are set to reap handsome returns.…

BY MJ DESCHAMPS

DESPITE the global recession, and volatility in the dairy market as a whole, the international butter industry is anticipating long-term growth. Used as a spread, a condiment, or as an important ingredient in baking and cooking, demand for butter has been a significant constant in the global food industry.…

BY RAHIMULLAH YUSUFZAI, IN PESHAWAR

Steel First has been told by Pakistan Steel Mills (PSM) Chief Executive Officer Major General Mohammad Javed that there are no plans to sell off the ailing state-owned industrial giant, backing up recent comments from Prime Minister Raja Pervez Ashraf.…