^
+ Follow MITTAL Tag
MITTAL
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 737571
                    [Title] => Global economic woes cloud steelmakers' outlook
                    [Summary] => 

The current worldwide economic malaise has placed sizable weight on the outlook of the steel industry, leaving global steelmakers only cautiously optimistic about the prospects of their trade.

[DatePublished] => 2011-10-15 22:00:10 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => [SectionUrl] => [URL] => ) [1] => Array ( [ArticleID] => 46710 [Title] => A golden age in Philippine mining is coming [Summary] =>

Good news: the world’s biggest mining and metals leaders are coming to invest here! They’re coming not only to extract minerals for export, they’re also investing in processing plants to convert our mineral resources into high-value export products.

[DatePublished] => 2008-02-25 00:00:00 [ColumnID] => 133750 [Focus] => 0 [AuthorID] => 1804897 [AuthorName] => Wilson Lee Flores [SectionName] => Lifestyle Business [SectionUrl] => business-life [URL] => ) [2] => Array ( [ArticleID] => 386566 [Title] => The way of business [Summary] => We have been having heartening local business news lately. One welcome bit of news is the restoration of incentives of the Clark Special Economic Zone following its passing by the Bicameral Committee. Now the zone will enjoy the same status as a freeport with Subic. Hopefully, fresh investors will come in to enjoy the perks granted to free zones like these. Still in the area, the new IT Call Center to be built in Camp John Hay in Baguio City, brings fresh hope for employment and business. [DatePublished] => 2007-02-24 00:00:00 [ColumnID] => 133756 [Focus] => 0 [AuthorID] => 1805279 [AuthorName] => Rey Gamboa [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 247517 [Title] => NSC urged to hike steel production to ease supply shortage [Summary] => The Department of Trade and Industry (DTI) is urging Global Infrastructure Holdings Ltd. (GIHL), the new owners of the National Steel Corp. (NSC) plant in Iligan, to step up production to help alleviate the current shortage in the country’s steel supply. [DatePublished] => 2004-04-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 241265 [Title] => Group behind GIHL of India identified [Summary] => The Mittal family, new owner of National Steel Corp. identified owners of Global Infrastructure Holding Inc. (GIHL) and India’s steel giant Ispat Group, has pursued an interest in National Steel Corp. (NSC) since 1994 when Mohan Lai Mittal, founder of Ispat and father of Ispat Group chairman Pramod K. Mittal, visited Manila and bid for the plant.

Although they lost the original bid, time has vindicated the Mittals persistence. It was a Malaysian-based corporate finance firm. Tael Capital which persuaded the younger Mittal brother. Pramod to renew his bid.
[DatePublished] => 2004-03-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 239444 [Title] => GIHL seeks tariff protection for Nat’l Steel [Summary] => Global Infrastructure Holdings Ltd. (GIHL) wants the Philippine government to provide some form of tariff protection for National Steel Corp. (NSC), the mothballed steel plant recently acquired by the Indian conglomerate.

"We are looking for some support from the government," GIHL chairman Pramod Mittal said.

He pointed out that in India, "the steel industry has some kind of direct and indirect protection," while some are in the form of tariff and other import duties, others are through floor price or quantity quota, he added.
[DatePublished] => 2004-02-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 237704 [Title] => NSC plant site may be declared spc’l ecozone [Summary] => The government will study the possibility of declaring the National Steel Corp. (NSC) plant site in Iligan City, Davao, as a special economic zone.

This was announced by President Arroyo during the inauguration of the newly-reopened NSC plant.

President Arroyo welcomed the reopening of the mothballed steel plant which will revitalize the economy, not only of Davao, but of the whole country as well.
[DatePublished] => 2004-02-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 237441 [Title] => GMA leads NSC reopening rites today [Summary] => The National Steel Corp. (NSC) will finally reopen today with President Arroyo witnessing the revival of the Iligan-based steel plant which was forced to close down in 1999.

The reopening of the steel firm follows the formal signing last Thursday of a memorandum of agreement (MOA) between NSC’s creditor banks and Indian’s Global Infrastructure Holdings Ltd., which will lead the rehabilitation of the mothballed steel plant.

GIHL is the principal holding company of Ispat Industries Ltd. which was founded by Mohan L. Mittal.
[DatePublished] => 2004-02-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 222673 [Title] => Foreign steelmaker bids for National Steel Corp. [Summary] => The London-based LNM group, the world’s second largest steel producer, yesterday submitted a bid for the lease or purchase of the assets of the the National Steel Corp. (NSC).

LNM Holdings N.V. vice chairman Addiya Mittal said that "with the LNM Group as its main strategic partner, the NSC has the potential again to become the largest integrated steel producer in the Philippines."

The LNM Group, Mittal said, has considerable experience in successfully turning around under-performing plants.
[DatePublished] => 2003-10-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) ) )
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