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Tata Steel Will Provide Long Term Advances to Its Clients

Dec 28, 2012

Indian steel making company, Tata Steel, has announced initiatives that will provide long term advances to its clients in the lifting and excavating sectors in the UK. The relighting of Blast Furnace No 4 at Port Talbot, a new high ...

Tags: TATA Steel, TATA, Steel, excavating sectors, heavy gauge decoiler

SteelGuru Plans to Help Them Remain Updated with Various CAPEX Projects

Dec 28, 2012

SteelGuru, the leading website for steel, metal and mining industry with 150,000 page views per day and 75,000 plus registered users for its E mail based news letter Steel Trade Today, has added yet another value added service for its ...

Tags: metal industry, mining industry, Steel Trade, Steel

CIS Steel Export Prices Are in Mixed Dynamics

Dec 28, 2012

As per the latest information from Black sea CIS steel export prices are in mixed dynamics. Billet price is rather stable with the market around USD 515 per tonne FOB Black Sea. Despite minor fluctuations, raised by particular deals and ...

Tags: CIS steel, steel, CIS steel export, Billet price

Mr Barnett Signalled a Shift in The Government's Thinking

Dec 28, 2012

Premier Colin Barnett has told Rio Tinto and Alcoa that they're dreaming about developing a massive bauxite deposit in the remote Kimberley and flagged the possible return of the resource to taxpayers. The global giants want a two to ...

Tags: Rio Tinto, Alcoa, bauxite deposit, Kimberley, resource

Fire Happened in The Night From Sunday to Monday in Aperam's Plant at Gueugnon

Dec 27, 2012

French media reported that a case of fire happened in the night from Sunday to Monday in Aperam's plant at Gueugnon in central France The fire, which broke out around 22:15 ravaged 4.000 m2 of a building of 12,000 m2 housing tanks ...

Tags: Metallurgy, Mineral

Xstrata Copper Has Completed Construction and Commenced Commissioning on Schedule

Dec 27, 2012

Xstrata Copper's Lomas Bayas operation, located in northern Chile, has completed construction and commenced commissioning on scheduleof its USD 300 million Lomas II project to extend the mine life by 16 years, until at least 2028, at ...

Tags: Xstrata Copper, Copper, Mineral, Metallurgy

Belarus and Azerbaijan Have Agreed to Intensify Cooperation in Investment

Dec 27, 2012

Belarus and Azerbaijan have agreed to intensify cooperation in investment. To this end, on December 19th 2012 in Minsk, cooperation memorandums were signed at the Belarusian-Azerbaijani business forum. The memorandums with the Azerbaijan ...

Tags: Mineral, Metallurgy, Energy

Nestle Launched Plastic Alternative to Tin and to Offer Both Formats Again

Dec 27, 2012

The brand owner launched a plastic alternative to the tin this year and has said it plans to offer both formats again in 2013. The company’s comments came after sources in the metal packaging sector told PN that the factory ...

Tags: metal packaging sector, metal packaging, packaging, Nestle

Aperam Is a Global Player in Stainless,Electrical and Specialty Steel

Dec 27, 2012

Aperam announced its financial calendar for 2013. Earnings calendar 4 February 2013-earnings for 4th quarter 2012 and 12 months 2012 7 May 2013-earnings for 1st quarter 2013 31 July 2013-earnings for 2nd quarter 2013 and 6 ...

Tags: Financial, Calendar, Aperam

The Average Nickel Prices Rose to US$7.73/Lb.From US$7.38/Lb.

Dec 27, 2012

Nippon Steel&Sumikin Stainless the largest stainless producer in Japan announced to raise the prices for austenitic rod by JPY 10,000 per tonne for December to February contracts,in order to reflect higher nickel prices. The firm ...

Tags: Austenitic Rod, Prices, Nippon Steel

PDIC Would Help Enhance Payment Operations for Deposit Insurance Claims

Dec 27, 2012

The Philippine Deposit Insurance Corporation (PDIC) has entered into a memorandum of agreement with the Land Bank of the Philippines (LBP) in a bid to help enhance payment operations for deposit insurance claims. As part of the agreement, ...

Tags: PDIC, memorandum of agreement, LBP, payment operations, deposit insurance

The Buck Finally Stopped on The Eve of New Year in China

Dec 27, 2012

After a month long rally of 17%culminating in the highest level in the last 5 months the buck finally stopped on the eve of New Year in China.Propped on sound macro economic parameters steel production picked up.Steel consumption has shown ...

Tags: Mineral, Metallurgy, Iron Ore Price

Gujarat Mineral Development Corporation Will Set up a Global Centre on Mining Safety

Dec 27, 2012

PTI reported that state public sector unit Gujarat Mineral Development Corporation will set up a global centre on mining safety and automation in Gujarat. The centre which is likely to be established on a public private partnership ...

Tags: Automation, Global Centre, Development Corporation

Red Rock Resources Has Unveiled a 67mln Tonne Maiden Iron Ore Resource

Dec 27, 2012

Red Rock Resources has unveiled a 67mln tonne maiden iron ore resource for the Havik East area of the Melville Bugt project in Greenland. The 67 million tonne resource has an iron grade of 31.4% and is defined within an optimized whittle ...

Tags: Red Rock Resources, iron resource, iron ore resource, iron ore

Statoil Found More Gas Offshore Tanzania

Dec 27, 2012

Norwegian energy firm Statoil found more gas offshore Tanzania, its third discovery in the country this year, putting it closer to having the resource needed to make commercial development viable. Statoil and partner ExxonMobil found more ...

Tags: Statoil, ExxonMobil, gas offshore, oil