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Rashtriya Ispat Nigam Limited Has Contracted SMS Siemag of Germany

Dec 25, 2012

Rashtriya Ispat Nigam Limited has contracted SMS Siemag of Germany, as the leader of a consortium for the modernization and expansion of their converter shop No 1 in Visakhapatnam. The aim is to increase annual production from 3.2 million ...

Tags: vRashtriya Ispat Nigam Limited, SMS Siemag, steel, dedusting system

PT Gunung Has Awarded an Order to SMS Siemag

Dec 25, 2012

PT Gunung (Gunung Steel Group), Indonesia, has awarded an order to SMS Siemag, Germany, for the planning and supply of a gas cleaning system for an ARCCESS ® electric arc furnace and has thus decided in favor of a tailor-made ...

Tags: SMS Siemag, X-Pact electrical and automation package, dust-laden gases

Salzgitter AG Has Today Launched Its New CR Portal

Dec 25, 2012

Salzgitter AG has today launched its new CR portal which provides detailed information on the issue of sustainability within the Group. Key topics are environment and energy, as well as employees and society. The commitment and the progress ...

Tags: Salzgitter AG, environment and energy

Mechel Announces The Disposal of 100% of The Shares of Toplofikatsia Rousse EAD

Dec 25, 2012

Mechel OAO one of the leading Russian mining and metals companies, announces the disposal of 100% of the shares of Toplofikatsia Rousse EAD (TPP Rousse, Bulgaria). Mechel OAO announces that it has signed an agreement for the disposal of ...

Tags: Mechel OAO, metallurgical coal producer, Toplofikatsia Rousse EAD

Toledo Mining Corporation Plc Announced The Appointments of Mr Isidro Consunji

Dec 25, 2012

Toledo Mining Corporation plc announced the appointments of Mr Isidro Consunji and Mr Robert Jenkins as non-executive directors. Mr Isidro Consunji, President of DMCI Holdings Inc. the parent company of DMCI Mining Corporation has agreed ...

Tags: Toledo Mining Corporation plc, DMCI, Robert Jenkins, DMCI Mining

Nucor Expected Lower Margin of Bar and Plate in The Fourth Quarter

Dec 24, 2012

It is reported that Nucor expected lower margin of bar and plate in the fourth quarter due to the cumulative impact of high import levels and global economic situation uncertainty in the given period of time. However, the company will ...

Tags: Nucor expected lower margin of bar and plate, Nucor, outstanding shares

Change Is on 18th December as Compared to 17th December 12

Dec 24, 2012

Pig Iron Z18-22 Foundry Change is on 18th December as compared to 17th December 12 Change is per tonne USD:CNY = 6.298 To know exact prevailing steel prices in China on daily basis, subscribe to services of SteelHome by ...

Tags: Pig Iron, Z18-22, steel prices, Foundry

Videocon Is Unlikely to Go Ahead with Its INR 20,000 Crore Steel and Power Plant Project

Dec 24, 2012

Business Standard reported that the Videocon group said that it is unlikely to go ahead with its INR 20,000 crore steel and power plant project at Jamuria. Videocon MD Mr Rajkumar N Dhoot said on the sidelines of an industry event "We ...

Tags: Videocon group, Rajkumar N Dhoot, steel and power plant project, MoU

Shares in Ferrum Crescent Jumped 10%

Dec 24, 2012

Shares in Ferrum Crescent jumped 10% as it released an operational summary of its activities in 2012. However, these include a new joint ore reserve committee compliant resource at Moonlight Iron Ore Project of 307.8 million tonnes at ...

Tags: Ferrum Crescent, operational summary, 2012, resource

Egyptian Stock Exchange Rose on December 20th Thursday

Dec 24, 2012

MENA reported that the Egyptian Stock Exchange rose on December 20th Thursday after the announcement of positive news related to the economy. This, combined with a brief period of political calm in between the two rounds of voting in the ...

Tags: Egypt, Stock Exchange, optimism, investor

Sharemarket Ended The Week on a Low Note as Investors Took Fright

Dec 22, 2012

THE sharemarket ended the week on a low note as investors took fright after US budget talks on the fiscal cliff fell into disarray. The benchmark S&P/ASX 200 closed down 10.5 points,or 0.2 per cent,at 4623.6,reversing gains that had seen ...

Tags: fiscal cliff, Australian companies, US

Gualapack Strengthened Its Range with a Brand-New, a Revolutionary Closure

Dec 21, 2012

Gualapack, a global supplier of preformed flexible packaging with closures, has strengthened its range with a brand-new, unique product, the BrickCap, a revolutionary closure that offers three distinct features that have never been combined ...

Tags: BrickCap, Packaging, flexible packaging, food conservation

National Aluminium Ltd Has Resumed Operations at Its Bauxite Mine

Dec 21, 2012

SME Times News Bureau reported that state run National Aluminium Ltd has resumed operations at its bauxite mine in Odisha's Koraput district after a month-long disruption. Mr SS Mohapatra NALCO's director for production said the mining ...

Tags: SME Times News Bureau, Nalco, resumed operations, mining activities

Damodar Valley Corporation Expects to Commission The First Unit

Dec 21, 2012

PTI reported that Damodar Valley Corporation expects to commission the first unit of Ragunathpur thermal power unit in Purulia district of West Bengal by March next year. Mr JK Singh chief engineer of Ragunathpur Thermal Power Station ...

Tags: Purulia Power Unit, Purulia, Power Unit

SC Is to Take up Different Important Cases From The Week Beginning

Dec 21, 2012

The Supreme Court is to take up different important cases from the week beginning including utilization of IB funds for political purposes and fixation of CNG prices. According to the cause list, three benches each would hear cases in ...

Tags: SC, CNG Prices, IB Funds

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