BHAIRAHAWA, Feb 2: Shakti Mineral Pvt Ltd, a 40-million-rupee venture, is set to start its operations next week. The first of its kind in Nepal, the company will produce flux and dolomite – essential material for the production of steel and paint, and aims to export them to the larger Indian sub-continental market.
BEIJING, July 24: China’s Commerce Ministry launched an anti-dumping investigation on Monday into stainless steel imports from four countries. Domestic producers have complained that a flood of cheaper products has damaged the local industry.
MOSCOW, July 6: According to the Minister Maxim Oreshkin, Russia plans to tax $87.6 million worth of US annual imports, while the remaining taxes could be applied within three years in order to compensate for $537,6 mln, which Russian exporters lost due to the tariffs in the US.
BERLIN, June 11: Europe will implement counter-measures against U.S. tariffs on steel and aluminum just like Canada, German Chancellor Angela Merkel said on Sunday, voicing regret about President Donald Trump’s abrupt decision to withdraw support for a G7 communique.
WASHINGTON/PARIS, June 1: Canada and Mexico retaliated against the U.S. decision on Thursday to impose tariffs on steel and aluminum imports and the European Union had its own reprisals ready to go, reigniting investor fears of a global trade war.
BEIJING, April 2: China has slapped extra tariffs of up to 25 percent on 128 U.S. products including frozen pork, as well as on wine and certain fruits and nuts, in response to U.S. duties on imports of aluminum and steel, China’s finance ministry said.
BEIJING, Mar 5: China’s state planner pledged on Monday to cut more steel and coal production capacity this year, putting the country on track to beat its long-term targets, as Beijing reinforced its vow to beat smog and make “skies blue again”.
KATHMANDU, Dec 19: Karan KC’s bowling skill were in full display as he delivered a nail-biting last over of the match as Kushal Bhurtel and Mehboob Alam were stranded at the pitch six runs short of the total.
KATHMANDU, Sept 11: Jagadamba Steels has started manufacturing Rhino Steel Rebars for Nepali market. Issuing a statement on Sunday, the company said that it has initiated Technical Meet at various locations to give technical information about the product.
KATHMANDU (REPU-BLICA): Panchakanya Steel Pvt Ltd held its fourth-quarter dealers' meeting in Pokhara. Issuing a press statement on Saturday, the company said that it has finished selling more that 70 percent of its products in the current fiscal year.
KATHMANDU, July 20: After last year's devastating earthquakes damaged its main office building at Bagdurbar, Kathmandu Metropolitan City (KMC) office has decided to construct a new multi-storey steel structure at Teku for its main office.