Europe
Europe
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Railway Gazette Had Approved a Fund Construction of Quito's First Metro Line
Dec 20, 2012Railway Gazette The Inter-American Development Bank announced on December 5 that it had approved a USD 200 million loan to fund construction of Quito's first metro line,due to be completed in 2016. The mass transit system is expected to ...
Tags: loan, Metro, Inter-American Development Bank
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Metals Has Identified Four More Copper Prospects From Aircore Drilling and Soil Sampling
Dec 20, 2012Enterprise Metals has identified four more copper prospects from aircore drilling and soil sampling at its Doolgunna project, 130 kilometers northeast of Meekatharra. Sandfire Resources' DeGrussa Project is located about 10 kilometers to ...
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Gazprom Is Likely to Cut Long-Term Contract Prices for Europe Next Year
Dec 20, 2012Reuters reported that under pressure from customers and competitors,Gazprom is likely to cut long-term contract prices for Europe next year to levels comparable to those in the spot market. The price of the natural gas Gazprom sells to ...
Tags: Gazprom, prices, Gas, spot market
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Gazprom Neft-Controlled Energy Company Will Help Build Serbia's First Wind Farm
Dec 20, 2012The Moscow Times reported that a Gazprom Neft-controlled energy company will help build Serbia's first wind farm. Naftna Industrija Serbia,which is 56.5%controlled by Gazprom Neft,signed a deal last week with Serbian Energowind to build a ...
Tags: wind farm, Gazprom Neft Unit, Serbia
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Worldwide Stainless Steel Crude Steel Production Has Increased
Dec 20, 2012Preliminary figures released by the International Stainless Steel Forum show that worldwide stainless steel crude steel production has increased after the first nine months of 2012 by 2.9%compared to the same period of 2011. Total ...
Tags: Stainless Steel, Production, Asia, China, Western Europe
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European Commission Is Considering Whether to Hand out More Free Pollution Allowances
Dec 20, 2012Reuters reported that the European Commission is considering whether to hand out more free pollution allowances for the steel sector next year to counter the risk the industry could be driven out of Europe. EU sources said that the cost ...
Tags: steelmakers, steel sector, steel, steel industry
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A New 10 Year Electric Power Supply Contract Signed on December 7th 2012 Ends
Dec 20, 2012A new 10 year electric power supply contract signed on December 7th 2012 ends years of job uncertainty for 625 Alcoa Intalco Works employees. More than 100 workers gathered at the aluminum smelter's Totem Terrace assembly hall west of ...
Tags: electric power supply, electric power, BPA, aluminum smelter
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Audi Will Be Putting on Display a Lightweight Chair Which Has Been Developed on Same Lines
Dec 20, 2012Made exclusively from carbon-fiber and aluminum, Audi will be putting on display a lightweight chair which has been developed on same lines as the Audi R18 racecar. This lightweight Audi chair, weighing just 5 pounds is on display at Design ...
Tags: lightweight chair, Audi, Audi chair, chair
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SteelGuru Plans to Help Them Remain Updated with Various CAPEX Projects
Dec 20, 2012SteelGuru, 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: Nickel smelting, stainless steel, metal industry, mining industry
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BP PLC Has Been Invited Back to Bid for a Renewal of Stake in Abu Dhabi's Oil Concession
Dec 20, 2012Gulf News reported that UK based energy giant BP PLC has been invited back to bid for a renewal of its stake in Abu Dhabi’s oil concession and the Abu Dhabi National Oil Company aims to announce a shortlist of bidders soon. Although ...
Tags: oil, energy giant, oil concession, oil companies
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The Sleepy Northerly Swedish Town of Kiruna Is in The Process of Reinventing Itself
Dec 20, 2012AFP reported that perched on a hill by the iron ore mine it was once built around, the sleepy northerly Swedish town of Kiruna is in the process of reinventing itself. It has to: in 4 years, it will have moved somewhere else. At the turn ...
Tags: Kiruna, iron ore mine, iron, ore mine
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Russia Registered a 4.8% Rise in Its Rolled Steel Product Output to 56.9 Million Tonne
Dec 20, 2012According to the State Statistics Committee of Russia,in the January to November period of the current year Russia registered a 4.8%rise in its rolled steel product output to 56.9 million tonne,a 4%increase in its crude steel output to 64.7 ...
Tags: Steel Production, Update, Russia
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Toledo Mining Has Exchanged Contracts for The Sale of The 31% Shareholding
Dec 20, 2012Further to its announcement of October 22nd2012 Toledo Mining Corporation plc announce that,following final discussions held between 14 and 18 December with DMCI Mining Corporation,the Company has exchanged contracts for the sale of the ...
Tags: Toledo Mining, Nickeline Resources Holdings, Corporation
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Azovstal Iron and Steel Works Plans to Keep Its Shipments of Steel Products
Dec 20, 2012Azovstal Iron and Steel Works,a subsidiary of Ukraine's largest vertically integrated mining and steel group Metinvest,has announced that in December this year its plans to keep its shipments of steel products at the November level,ie at ...
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Voestalpine Group Has Set Ambitious Goals up to The Year 2020
Dec 20, 2012voestalpine Group has set ambitious goals up to the year 2020.With a clear focus on the customer segments Mobility and Energy and on non European growth markets,and with profitability remaining at virtually at the same level compared to the ...
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