Home » China

Tag: China

Post
Where are the orders?

Where are the orders?

Data from the Ministry of Road Transport & Highways (MoRTH) showed that only 4,766 km of the targeted 12,000 km of highways for FY23 had been built from April to November. Pratap Padode, Editor-in-Chief, Construction World worries as we step into 2023… Highway construction this year is even slower than 2020 – the first year of the...

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.