Steel Pipes

Rescuers in northern India battled for a second day Monday to save 40 workers trapped underground after the road tunnel they were building collapsed, bringing down tonnes of debris.

Unaccounted transactions of over Rs 500 crore have been detected after the Income Tax Department last month raided a Gujarat-based group engaged in the manufacture of stainless steel and metal pipes, the CBDT said on Tuesday.

Man Industries (India) Ltd is a leading manufacturer and exporter of large diameter carbon steel line pipes

South Korea is seeking an annual $350 million in trade sanctions against the United States in an Obama-era dispute over tariffs on steel pipes, it said in a World Trade Organization (WTO) filing published on Tuesday.

The US International Trade Commission on Thursday said it had determined that American producers were being harmed by imports of certain large-diameter welded steel pipe from China and India, a finding that locks in duties on those products for five years.

Tata Steel, Britain's largest steelmaker, has been selling off parts of its UK business since last year, when it announced talks to merge its British and European steel assets with those of Germany's Thyssenkrupp.

The company had last month said the Calcutta High Court had approved the scheme of amalgamation of Tata Metaliks DI Pipes Ltd with Tata Metaliks Ltd on November 7.

In May, the government had imposed a provisional anti-dumping duty for six months on seamless tubes and steel pipes, among others, imported from China

Scaffolding at a construction site in eastern China collapsed into a deadly heap on Thursday, as iron pipes, steel bars and wooden planks tumbled down and crushed nearly all 70 workers in the country's worst work-safety accident in over two years.

The action finalises provisional duties of up to 13.3 per cent set by the Commerce Department after it found India was dumping the pipe in the US at below market value and unfairly subsidising the products.

GAIL India Ltd, the country's biggest natural gas transporter, on Wednesday said it has placed orders for purchase of 315 km steel pipes to carry fuel to shut fertiliser plants in Bihar.

Steel pipe maker Jindal Saw on Tuesday reported a 10 per cent increase in standalone net profit at Rs 106.17 crore for the quarter ended March 31, 2016.

Tata Metaliks shares were locked in upper circuit for the second consecutive session on Wednesday, following its parent's decision to call off the merger plan. Tata Steel on Tuesday said it has decided to drop its plan to merge Tata Metaliks and Tata Metaliks DI Pipes with itself.

Tata Steel on Tuesday said it has dropped plans to merge group firms Tata Metaliks and Tata Metaliks DI Pipes with it due to delay in regulatory and statutory approvals among other factors.

Steel pipe maker Jindal Saw on Friday reported a 35 per cent increase in standalone net profit at Rs 101 crore for the quarter ended September 30, 2015.

Rescuers in northern India battled for a second day Monday to save 40 workers trapped underground after the road tunnel they were building collapsed, bringing down tonnes of debris.

Unaccounted transactions of over Rs 500 crore have been detected after the Income Tax Department last month raided a Gujarat-based group engaged in the manufacture of stainless steel and metal pipes, the CBDT said on Tuesday.

Man Industries (India) Ltd is a leading manufacturer and exporter of large diameter carbon steel line pipes

South Korea is seeking an annual $350 million in trade sanctions against the United States in an Obama-era dispute over tariffs on steel pipes, it said in a World Trade Organization (WTO) filing published on Tuesday.

The US International Trade Commission on Thursday said it had determined that American producers were being harmed by imports of certain large-diameter welded steel pipe from China and India, a finding that locks in duties on those products for five years.

Tata Steel, Britain's largest steelmaker, has been selling off parts of its UK business since last year, when it announced talks to merge its British and European steel assets with those of Germany's Thyssenkrupp.

The company had last month said the Calcutta High Court had approved the scheme of amalgamation of Tata Metaliks DI Pipes Ltd with Tata Metaliks Ltd on November 7.

In May, the government had imposed a provisional anti-dumping duty for six months on seamless tubes and steel pipes, among others, imported from China

Scaffolding at a construction site in eastern China collapsed into a deadly heap on Thursday, as iron pipes, steel bars and wooden planks tumbled down and crushed nearly all 70 workers in the country's worst work-safety accident in over two years.

The action finalises provisional duties of up to 13.3 per cent set by the Commerce Department after it found India was dumping the pipe in the US at below market value and unfairly subsidising the products.

GAIL India Ltd, the country's biggest natural gas transporter, on Wednesday said it has placed orders for purchase of 315 km steel pipes to carry fuel to shut fertiliser plants in Bihar.

Steel pipe maker Jindal Saw on Tuesday reported a 10 per cent increase in standalone net profit at Rs 106.17 crore for the quarter ended March 31, 2016.

Tata Metaliks shares were locked in upper circuit for the second consecutive session on Wednesday, following its parent's decision to call off the merger plan. Tata Steel on Tuesday said it has decided to drop its plan to merge Tata Metaliks and Tata Metaliks DI Pipes with itself.

Tata Steel on Tuesday said it has dropped plans to merge group firms Tata Metaliks and Tata Metaliks DI Pipes with it due to delay in regulatory and statutory approvals among other factors.

Steel pipe maker Jindal Saw on Friday reported a 35 per cent increase in standalone net profit at Rs 101 crore for the quarter ended September 30, 2015.