The Supreme Court of India has lifted the iron ore mining ban in the Indian state of Goa, with an upper limit of 20 million mt per year, according to media reports. An expert panel is expected to submit a report within six weeks ...
Tags: Metallurgy, Mineral, Energy, Iron Ore
The ferrous scrap market in eastern China remained quiet this week, keeping in step with the rebar market's trend. Demand from steelmakers has not fully recovered as the finished steel markets have remained sluggish. Media reports that ...
The EU will lower the floor price for PV modules imported from China from EUR0.56 (US0.77)/W currently to EUR0.53/W beginning April 1, 2014, with the annual import quota remaining unchanged at 7GWp, according to China-based media reports. ...
Tags: PV Modules, China-Made Modules
Saudi-based AIC Steel Group has acquired the former Rowecord structural steel fabrication plant in Newport, Wales, and intends to restart production, creating 120 jobs, according to media reports. Rowecord plant went into administration in ...
Tags: Structural Steel, AIC Steel, Rowecord plant
The European Steel Association (EUROFER) has stated that the growing uncertainties in Ukraine show once again the strong correlation between security of supply and increasing energy prices in Europe. Russian state gas monopoly Gazprom ...
Tags: Metallurgy, Energy, gas
BIFA, the British international Freight Association, says that media reports suggest there could be a significant increase in the price of wooden pallets over the coming months due to timber shortages. A recent meeting of the Timber ...
Tags: Wooden Pallet, Construction, timber
At the AJM Global Iron Ore and Steel Forecast conference held in Perth on March 11, Australian miner BHP Billiton outlined how its focus on productivity and capital efficient debottlenecking in its iron ore business is delivering value. ...
Tags: BHP Billiton, Iron Ore
During Investor Day 2014 held in London on Monday, March 10, ArcelorMittal CEO Lakshmi Mittal said that the current political turmoil in the CIS is likely to impact steel demand in the region, with regional demand growth expected to at ...
Tags: Steel, Core, Metallurgy, Mineral, Energy
The profitability of steelmakers based in China's Hebei Province remained low in 2013, with 16 percent of key steel companies in the province suffering losses, according to media reports citing the recent 2014 board meeting of the Hebei ...
Tags: steelmakers, steel industry
Rosneft estimates that crude production from its East Siberian and Russian Far Eastern projects will amount to 55 million mt/year, or 1.1 million b/d, by 2025, a spokesman at Rosneft said Friday. To achieve this, the company plans to ...
Tags: Rosneft, Crude Output
Indian refiner Mangalore Refinery and Petrochemicals Ltd is close to completing the long-drawn-out third phase of its expansion project, which will see a new petroleum fluid catalytic cracker and delayed coker unit come onstream at its 15 ...
Tags: Refinery Expansion, Metallurgy
Russia's state-owned Rosneft and China National Petroleum Corporation are in talks over upstream co-operation in Russia, including the Arctic and Far Eastern territories, and could reach concrete agreements by May, Rosneft CEO Igor Sechin ...
Tags: Rosneft, Upstream Pact
When Harvey Norman secured the exclusive distribution of the much-anticipated LG Nexus 4 in January 2013, it wasn’t just the $97 mark-up that irritated consumers, it was also the narrow retail distribution. Early adopter Cameron, a ...
Tags: LG, Lenovo, ACCC, Narta Group
Lyst, a fashion shopping site that offers its users a simple platform offering world’s biggest fashion collection, has announced that it has raised USD 14 million in order to remain competitive and to bolster its marketing efforts. ...
Tags: Fashion Retailer, Apparel
Chinese computer giant Lenovo said Tuesday it is in negotiations on a "potential acquisition," following media reports the deal could be for IBM's server division. In a letter released to shareholders, Lenovo said its board "noted certain ...
Tags: Lenovo, IBM, Consumer Electronics, Electronics