Volvo has introduced its Volvo XC90 SUV, which features new range of technologies and premium design. The car is powered by XC90 Twin Engine which unites two-litre, four-cylinder supercharged and turbocharged T6 petrol engine. It can ...
Tags: Volvo, XC90 SUV, Auto Parts
Brazil’s Votorantim posted BRL 6.8 billion ($2.9 billion) in net revenue in the second quarter of 2014, the company said on Monday. Votorantim reverted a BRL 307 million ($134.66 million) loss registered a year ago to BRL 514 ...
Tags: Votorantim, Revenue, Metallurgy
In the January-July period of the current year, China's crude steel output amounted to 480.76 million mt, up 2.7 percent year on year, as announced by China's National Development and Reform Commission (NDRC) on August 25. The growth rate ...
Tags: China's Crude Steel, Output, Metallurgy
Long held assumptions about the direction and dynamics of the iron ore market have been severely tested in 2014. After hitting a high of $158.90 in February, the industry was jolted on March 10, when iron ore suffered the worst one-day ...
Tags: Iron Ore, raw material
Global mining deals picked up in the first half of 2014 and are likely to continue that way for the rest of the year, a SNL Metals & Mining study released Friday shows. Both the averages of price paid and value of acquired commodities ...
Russian steel giant Magnitogorsk Iron and Steel Works (MMK) has announced that its Turkey-based subsidiary MMK Metalurji registered a quarter-on-quarter growth of 26.7 percent in its sales revenues in the second quarter of the current year, ...
Tags: MMK, Growth, Metallurgy
Shanghai-based Chinese steelmaker Baoshan Iron and Steel Co. Ltd (Baosteel) has issued its financial report for the first half of the current year, stating that in the given period it achieved an operating revenue of RMB 97.598 billion ...
Tags: Baosteel, Financial Report, Metallurgy
Speaking at the 2014 China Coal, Coke & Steel Industries Conference (CCIC) held in Qingdao on August 21, Wang Xiaoqi, vice chairman of the China Iron and Steel Association (CISA), stated that in the first seven months of the current year ...
Tags: Crude Steel, Metallurgy
In June this year, Japan's hot rolled plate and sheet shipments decreased by 10.22 percent compared to May and were down 7.11 percent on year-on-year basis, amounting to 796,581 metric tons. 79 percent of shipments were made to the domestic ...
Tags: HR Steel, Steel Strip
According to the data released by the World Steel Association (worldsteel), global direct reduced iron (DRI) production in the 14 countries accounting for approximately 87 percent of total world DRI production in 2013 amounted to 4.8 ...
Tags: reduced iron, Mineral
Austria-based steel producer voestalpine has announced that it has signed another agreement with Mexican steelmaker Altos Hornos de México (AHMSA) for the supply of 400,000 mt of hot briquetted iron (HBI) produced in Texas. ...
Tags: steel producer, voestalpine, Metallurgy
An Australian National University (ANU) team has successfully replicated one of the crucial steps in photosynthesis, opening the way for biological systems powered by sunlight, which could manufacture hydrogen as a fuel. "Water is ...
Australia-based mining and materials company Arrium Limited has issued its financial results for the financial year 2013-14 ended June 30. In the given period, Arrium achieved an underlying net profit of A$296 million, rising 83 percent ...
Tags: Arrium Mining, materials
In January-July period of this year, world pig iron production amounted to 690.74 million mt, rising by 1.29 percent compared to the same period of 2013, according to the preliminary data covering 38 countries accounting for approximately ...
UK-based London Mining, a global diversified miner targeting the steel sector, has announced its financial results for the first half of 2014, posting a net loss of $12.6 million, growing from a net loss of $5 million in the corresponding ...
Tags: London Mining, steel sector