Home » China

Tag: China

Post
Debt of top 30 steel firms at $150 bn

Debt of top 30 steel firms at $150 bn

The net debt of the top 30 steel companies globally has touched a record high of over $150 billion, according to consultancy firm Ernst and Young (E&Y). The global consultancy´s report also reveals that major part of this debt is with companies in India, China and Brazil.

Post
Coal prices fall to 12-yr low

Coal prices fall to 12-yr low

Coal futures have fallen to 12-year lows, hit by soaring production and a slowdown in global buying, including from India and China, which have until recently been pillars of strong demand.

Post
The new government has made the right noises

The new government has made the right noises

Egis in India is a cornerstone for the Egis Group because you know there are two economies in the world which are the ones that would pull the whole world out of the so-called recession; one is China, and the other is India. Now Egis has a dominant presence in India where we have 10 per cent of the total workforce in India of the total group and we are one of the very few subsidiaries which are contributing significantly to the top line (and) bottom line of the group.