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India has opened up yet another door in cooperation with its strategic energy partner Russia. Union Minister of Steel, Ram Chandra Prasad Singh, today signed a memorandum of understanding (MoU) with Russia’s minister of energy Nikolay Shulginov, for collaboration in the mining and steel sectors, with special focus on coking coal. The move is part . ....
Keeping future demands in mind, Nippon Steel Corp. has decided to focus more on markets like the United States and India. At the same time, it is reducing focus on Japan for the medium term. The aim, according to a top-level executive of the Japanese steel company, is to capitalize on overseas profit which. At present, uptake in the global automobiles sector is largely driving that profit. Sign up today for Gunpowder, MetalMiner’s free, biweekly e-newsletter featuring news, analysis and more. Nippon looks overseas News agency Reuters quoted Nippon Steel’s Executive Vice President Katsuhiro Miyamoto as saying they were looking at increasing the production capacity overseas, where demand is expected to go up. ....