Mexico is now positioned globally as the fifth largest importer of auto parts and raw materials to supplement production lines installed at car assemblers in Mexico, said Oscar Albin, CEO of the National Auto Parts Industry (INA). "Just ...
Tags: Auto Market
Annual inflation in the euro area was 1.6 percent in July this year, unchanged from June, according to a report released by Eurostat, the Statistical Office of the European Communities. In July 2012, the annual inflation rate was 2.4 ...
Tags: Annual inflation, Mineral
On August 16, Sichuan Province-based Chinese state-owned steel producer Panzhihua Iron and Steel (Pangang Group) announced that in the current month up to and including August 14 its subsidiary Chengdu Plates Co. received orders for over ...
Raspadskaya Coal Company (Raspadskaya), one of the largest coking coal producers in Russia, has announced its financial results for the first half of the current year. Accordingly, Raspadskaya's recorded a net loss of RUB 2.741 billion ...
Tags: Raspadskaya, Mineral
The Ukrainian Employers' Federation (FEU) has indicated that all Ukrainian imports, including but not limited to steel products, destined for Russia are being held up at Russian customs without explanation, while it has added that Russia ...
Tags: Trade War
According to the State Statistics Committee of Russia (Russtat), in the first seven months of the current year Russia registered a 2.4 percent decline in its rolled steel product output to 33.8 million mt, a three percent decrease in its ...
Tags: January-July Production, Mineral
According to the preliminary data released by Statistics South Africa, in June this year the country's mining production decreased by 6.2 percent year on year, while the seasonally adjusted mining production index in June decreased by three ...
Tags: Iron Ore Mining
On August 16, Jiangsu Province-based Chinese steelmaker Shagang Group issued its financial results for the January-July period of the current year. Accordingly, Shagang achieved a sales revenue of RMB 132.83 billion ($21.74 billion) in ...
Austria-based plantmaker Siemens Metals Technologies has announced that it has received an order from Saudi Arabia-based United Steel Industries LLC to construct a long product rolling mill in the United Arab Emirates. The plant will be ...
Tags: Siemens, Rolling Mill
Australian miner Fortescue Metals Group has announced that Taiwan-based Formosa Plastics Group has invested US$1.15 billion in the FMG Iron Bridge Joint Venture, established to develop the FMG Iron Bridge Project, which is 88 percent owned ...
West Chester, Ohio-based AK Steel said Friday that members of the United Steelworkers (USW) Local 1865 union have ratified an 18-month labor agreement covering more than 800 hourly production and maintenance steel operations employees at ...
Tags: AK Steel, USW Ratify Labor
The American Iron and Steel Institute (AISI) reported Friday that for the month of June 2013, US steel mills shipped 7,806,319 net tons, a 3 percent decrease from the 8,047,245 net tons shipped in the previous month, May 2013, and a 2.6 ...
Tags: Steel Mill Shipments
In the first seven months of the current year, China's fixed-asset investments in its transport sector reached RMB 751.186 billion ($122.9 billion), up 9.95 percent year on year, while the investment figure for July alone was RMB 151.545 ...
Tags: Fixed Asset Investments
The US Census Bureau and the Department of Housing and Urban Development jointly announced new residential construction statistics for July 2013. Privately-owned housing units authorized by building permits in July were at a seasonally ...
Tags: Construction Activity
India-based steel producer Essar Steel has announced the launch of high quality, color-coated products, specially developed for the market in the southwestern Indian state of Kerala. These specialized steel products will largely be used in ...