Furthering its mission to help automakers meet stringent fuel economy requirements, the Steel Market Development Institute's (SMDI) Automotive Applications Council unveiled the results of its lightweight steel twist beam study Wednesday. ...
Ukraine-based Metinvest released its financial result for the first half of 2013. In the first half of this year, Metinvest’s net profits amounted to US$443 million, soaring by 31% year on year. However, the company’s sales ...
Tags: steel, Construction
The Ukrainian mining and steel producing group Metinvest has announced its results for the first half of 2013. In the given period, Metinvest's net profit amounted to $443 million, rising 31 percent compared to the same period of the ...
Hot tapping is also known as a form of pressure tapping and it is a way of connecting the present pipeline or containers, without the requirement to empty any connected part of the pipe or the container. This means that the work can be done ...
Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today announced that a subsidiary has awarded contracts to Keppel FELS Limited's shipyard in Singapore for the construction of five Super B 400 Bigfoot Class jackup drilling rigs. The first rig is ...
Tags: Transportation, Logistics
Global pipe and tube producer Tenaris S.A. has announced its financial results for the third quarter and the first nine months of 2013, reporting a net profit of $314 million in the third quarter, down 28 percent year on year. During the ...
Russia-based TMK, one of the world's leading oil and gas steel pipe producers, has announced the launch of sales of steel billets produced at the electric steel-melting complex of its subsidiary Seversky Tube Works. The complex produces ...
Tags: Steel Billets, Mineral
Baker Hughes reported that for the week ending November 8, the US rig count increased by 12 to 1,754, following a four-rig increase the previous week.However, the rig count is still down by 52 from 1,806 rigs during the same week a year ...
Tags: pipe, the rig count, tubular
Burckhardt Compression has been awarded an order from JiangSu Sailboat Petrochemical Co., Ltd. to deliver two Hyper Compressors as Secondary Compressors and two Process Gas Compressors as Booster/Primary Compressors for their LDPE-EVA plant ...
Mack Trucks says it is reducing the CO2 output from its Macungie truck plant by 215.3 tons per year, as a result of working with Environmental Defense Fund (EDF) to identify ways to reduce its energy consumption. This is the third year ...
Tags: Transportation, auto parts, Truck
United States Steel Corporation reported Monday a third-quarter net loss of $1.8 billion, compared to a Q2 2013 net loss of $78 million and Q3 2012 net income of $44 million.? Adjusted net loss for the third quarter of 2013 was $20 million ...
Tags: Metallurgy, Mineral, Steel
Axon, a Pro Mach brand, will unveil the Aurora SS mandrel-style shrink film applicator at the 2013 International Dairy Show scheduled to be held during 3 to 6 November 2013 in the US. The Aurora SS is said to be capable of applying ...
Tags: Axon, Shrink Film Applicator
Russia-based TMK, one of the world's leading oil and gas steel pipe producers, has announced its operational results for the first nine months of the current year. In the January-September period, TMK shipped 3.2 million mt of steel pipes ...
Tags: Steel Pipe, Construction
Total European Union steel tube production is expected to decline by almost four percent this year, according to the Economic and Steel Market Outlook 2013-2014/Q4 2013 Report from the Economic Committee of the European Steel Association ...
Tags: Steel Tube, Construction
Recently, good news came from the two major oil fields in Northwest China and Northeast China: the new generation BGT2 premium joint OCTG developed by Baosteel lately achieved successful downhole in both Jilin Oil Field and Talimu Oil ...
Tags: Metallurgy, Mineral, Energy, oil, Oil Fields