Europe
Europe
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Russian Gold Companies Increased Gold Production by 5.2% in The First 10 Months of 2012
Dec 13, 2012Reuters reported that Russian gold companies increased gold production by 5.2% in the first 10 months of 2012 compared to the same period of last year. The Gold Industrialists Union said that the industry lobby said that total gold ...
Tags: Russian gold companies, gold production, mined output of gold
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BS Reported That Copper Maker Sterlite Industries (India) Rose 5.37% to INR 112.80
Dec 13, 2012BS reported that copper maker Sterlite Industries (India) rose 5.37% to INR 112.80. The stock topped the gainers in the BSE's A group. Metal shares were in demand as copper prices in London and Shanghai hit their highest in almost seven ...
Tags: metal shares, copper prices, copper contract, stock
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Codelco Is Hopeful About Reaching a New Labor Deal with Its Union
Dec 13, 2012Reuters reported that Codelco is hopeful about reaching a new labor deal with its union at the massive Chuquicamata mine. Mr Thomas Keller CEO of Codelco said that "We're optimistic. It's a complex negotiation but we're hoping that with ...
Tags: Codelco, copper market, mining industry
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The Russian Division Continues to Have a Strong Order Backlog
Dec 13, 2012The Russian division continues to have a strong order backlog for the remainder of 2012 and the beginning of 2013, particularly in OCTG and line pipe as Russian oil and gas companies continue to implement drilling programs. The Company ...
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Outotec Has Delivered The World's First University
Dec 13, 2012Outotec has delivered the world's first university based minipilot concentrator to the Department of Process and Environmental Engineering of the University of Oulu, Finland, as part of its active university cooperation. The small research ...
Tags: mining industry, Mineral, Energy
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North American Nickel Inc Announced The Discovery of Significant Values for Nickel& Copper
Dec 13, 2012North American Nickel Inc announced the discovery of significant values for nickel, copper, cobalt and for the first time the precious metals platinum, palladium and gold on its 100% owned 4,983 Square kilometers Maniitsoq project in ...
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Drill Contracts Have Been Signed for Follow up Drilling of The NC12-34 Area
Dec 13, 2012Nevada Copper Corporation announced that drill contracts have been signed for follow up drilling of the NC12-34 area from its 100% owned Pumpkin Hollow Property located near Yerington Nevada. It is expected that drill mobilization will ...
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The Application Range for Aluminium Products Is Steadily Expanding
Dec 13, 2012The application range for aluminium products is steadily expanding. To address changing end user needs and survive intense competition, manufacturers are modernizing their production facilities and broadening their product portfolios. In ...
Tags: aluminium products, foils used in the packaging industry
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US and Russia Suspension Agreement Increased
Dec 13, 2012The US Department of Commerce has published the final results of its administrative review of the suspension agreement with Russia on hot rolled carbon quality flat steel products. The suspension agreement was revised following ...
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The SMS Group Has Noticed a Reluctance Among Its Customers to Place Orders
Dec 13, 2012The SMS group has noticed a reluctance among its customers to place orders. It is estimated that order intake in the year coming to a close will total EUR 3.2 billion, putting it below 2011's EUR 3.42 billion. Sales in 2012 are anticipated ...
Tags: international sms, sms india, iron ore price news, steel construction
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SSAB EMEA Is Raising Its Prices for Hot Rolled, Cold Rolled and Galvanized Coil
Dec 13, 2012SSAB EMEA is raising its prices for hot rolled, cold rolled and galvanized coil, as well as heavy plate. Prices are being increased by at least SEK 300 per tonne. The price increases apply to all orders acknowledged after December 5th, ...
Tags: steel scrap price, steel plate, steel strip, iron ore price news
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TATA Steel Ordered Two SMARTON Cranes for Coil Lifting
Dec 13, 2012TATA Steel at Brierley Hill in the West Midlands has ordered two SMARTON® cranes for coil lifting from East Kilbride based Konecranes UK Industrial Crane Division. The contract worth just under GBP 1 milion is for the supply of two 32 ...
Tags: SMTD cranes, TATA Steel, HIM, Remox radio control
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Stemcor Signed Agreement with Logistics Partner Katoen Natie in Antwerp, Belgium
Dec 13, 2012Stemcor, the world's largest independent steel trader, has signed a long-term handling and storage agreement with logistics partner Katoen Natie in Antwerp, Belgium. The intention is to consolidate stocks of steel plate into a purpose-built ...
Tags: Stemcor, steel trader, plate stocks
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Tubing Will Be Locating Operations in Brownstown, Creating up to 56 New Jobs by 2015
Dec 13, 2012The maker of mechanical and structural tubing has announced it will be locating its operations in Brownstown, creating up to 56 new jobs by 2015. According to a company press release, E&H Tubing, who recently acquired the assets of ...
Tags: maker of mechanical and structural tubing, Indiana Steel and Tube
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Timken Is Costing Shareholders The Chance to Recoup USD 1.3 Billion in Market Value Lost
Dec 13, 2012Timken Co the bearings maker that trades at the lowest earnings multiple among its peers, is costing shareholders the chance to recoup USD 1.3 billion in market value lost this year by not spinning off its steel unit. Ralph Whitworth's ...
Tags: business owners, gas bearing, stock market news, steel scrap buyers
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