Europe
Europe
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Eurozone Have 7% Less Debt to GDP Ratio Than The UK
Dec 6, 2012It seems that each new day we wake to yet another bit of Eurozone news that leaves one wondering how much more is yet to come. If Spain needs to go cap in hand go the Eurobankers for £81b when, according to the BBC they have 7% less ...
Tags: end in tears, packaging, enviable position, coming trends
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an Obeid Associate Tried to Lure Chinese Investment in a NSW Coal Prospect
Dec 6, 2012AAP reported that an Obeid associate tried to lure Chinese investment in a NSW coal prospect by saying the resources minister was onside, an inquiry has heard. A consultant acting for potential Chinese investors was assured there'd be no ...
Tags: Obeid associate, mining, NSW coal venture
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The Total Installed Capacity of Renewable Energy Based Power in The Country Is 26,267 MW
Dec 6, 2012Dr Farooq Abdullah the minister of New and Renewable Energy informed the Lok Sabha that the total installed capacity of renewable energy based power in the country is 26,267 MW. A capacity addition of 30,000 MW is targeted from renewable ...
Tags: solar power, renewable energy, solar energy
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Global Thermal Coal Market Undergoes Pangs of Oversupply and Poor Demand
Dec 6, 2012Global thermal coal market undergoes pangs of oversupply and poor demand. 2012 has been game changer with US emerging as potent supplier domestic energy demand being met by shale gas making coal mining redundant. However the vacillating ...
Tags: coal market, coal price, coal export, coal
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David Jones Has Been Challenged to Join The Fight to Defend The Welsh Steel Industry
Dec 6, 2012WELSH Secretary David Jones has been challenged to join the fight to defend the Welsh steel industry in the wake of the devastating job losses in Port Talbot. Aberavon MP Hywel Francis said the Welsh Office should follow the lead of the ...
Tags: steel industry, TATA Steel, Hywel Francis
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ThyssenKrupp Has Been Bracing for Multi Billion Euro Losses Over The Planned Sale
Dec 6, 2012German heavy engineering giant ThyssenKrupp has been bracing for multi billion euro (dollar) losses over the planned sale of its steel plants in the Americas. Construction defects will cost the firm dearly. Speculation about Germany's ...
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"The Action of The Italian Government Is Going in The Right Direction"
Dec 6, 2012European Commission vice president and EU industry commissioner Mr Antonio Tajani said that "The action of the Italian government is going in the right direction." Mr Tajani said that "The decree on ILVA that you are talking about, like ...
Tags: Ilva, European Commission, Antonio Tajani
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an Industrialist Willing to Invest EUR 400 Million to Renovate Florange Steelworks
Dec 6, 2012Reuters reported that Mr Arnaud Montebourg Industry Minister of France has told that there is an industrialist willing to invest EUR 400 million to renovate ArcelorMittal's Florange steelworks in northeast France. Raising pressure on ...
Tags: Arnaud Montebourg, Florange, Florange steelworks, ArcelorMittal
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LUKOIL Overseas Signed The Package of Documents to Complete The Sale of Its 8% Share
Dec 6, 2012AK&M reported LUKOIL Overseas signed the package of documents to complete the sale of its 8% share in offshore hydrocarbon production projects in the Est Rapsodia and Trident exploration blocks in the Romanian sector of the Black Sea to ...
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Salzgitter Announced That ILG Is Raising Its Heavy Plate Prices by EUR 30 Per Tonne
Dec 6, 2012Salzgitter announced that Ilsenburger Grobblech GmbH (ILG) is raising its heavy plate prices by EUR 30 per tonne for all new product sales. It said "The necessary price increase reflects the rising costs of raw materials and the resulting ...
Tags: Salzgitter, Ilsenburger Grobblech, ILG, heavy plate
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Inc Announced Its Market Outlook for Its First Quarter of Fiscal 2013
Dec 6, 2012Schnitzer Steel Industries Inc announced its market outlook for its first quarter of fiscal 2013. During the first half of the quarter, both export and domestic sales prices for ferrous metals dropped approximately USD 50 per ton from ...
Tags: Schnitzer Steel, ferrous, auto parts
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Francois Hollande and Lakshmi Mittal Vowed to Continue Talking Over The Future of a Plant
Dec 6, 2012Euro News reported that French President François Hollande and steel tycoon Lakshmi Mittal have vowed to continue talking over the future of a plant in the north east of the country. The owner of ArecelorMittal met the president at ...
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The Business Outlook for 2013 Is Mixed
Dec 5, 2012The business outlook for 2013 is mixed, with Australian executives indicating that sales, inventories, selling prices and employment will fall but investment and profits will rise. Dun & Bradstreet's latest National Business Expectations ...
Tags: Economic Outlook, business outlook, investment and profits
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Ukraine and Russia Should Reach a Compromise on Gas Purchases
Dec 4, 2012Interfax cited Mr Volodymyr Lytvyn speaker of Verkhovna Rada as saying that Ukraine and Russia should reach a compromise on gas purchases based on a full range of bilateral relations Mr Lytvyn said that "I think that if no agreement is ...
Tags: gas, gas purchase, gas price
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Novelis Is Building EUR 200 Million Aluminium Recycling Plant in Germany
Dec 4, 2012Reuters reported that US based rolled aluminium products group Novelis is building EUR 200 million aluminium recycling plant in Germany. Mr Tadeu Nardocci head of Novelis European unit said that completion of the plant, in Nachterstedt in ...
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