Africa Economy news, Markets and Business Trends - Made-in-China.com

Dollar Hovered Highs,Buoyed Federal Reserve to Pump Liquidity Into World's Largest Economy

Dec 14, 2012

THE Australian dollar hovered near three-month highs yesterday,buoyed by the US Federal Reserve's latest attempt to pump liquidity into the world's largest economy. The Fed,at the conclusion of its last policy meeting for the year,decided ...

Tags: Australian dollar, Fed, Operation Twist, RBA, CBA

The Cameroon Mr Paul Biya Has Granted Audience to an Indian Business Magnet

Dec 14, 2012

The president of the Cameroon Mr Paul Biya has granted audience to an Indian business magnet Mr Naveen Jindal CMD of of Jindal Steel and Power Limited. Mr Jidnal was heading a delegation of three in Cameroon to express readiness to invest ...

Tags: cameroon news, iron ore price news, steel pipes, mtn cameroon

Plans Are Afoot to Bring a New Manufacturing Business to The Town

Dec 14, 2012

After the Kurri Kurri community was devastated by the closure of the local aluminium smelter, plans are afoot to bring a new manufacturing business to the town. Industrial Building Services plans to relocate from Tomago to the Hunter ...

Tags: steel business, steel, aluminium smelter, steel fabrication

The Effective Date of The Management Integration Is January 1, 2013

Dec 14, 2012

JFE Holdings Inc and IHI Corporation announced that the effective date of the management integration of their respective subsidiaries Universal Shipbuilding Corporation and IHI Marine United Inc. is January 1, 2013, as announced tentatively ...

Tags: iron ore price news, steel construction, steel market prices

Industrialists Lash out Squeezing of Gas Supplies to The Industries Leading

Dec 14, 2012

The News reported that Industrialists lash out squeezing of gas supplies to the industries leading to layoff of a large number of workers despite the fact that controlling wastefulness of gas in the domestic sector could save the country a ...

Tags: gas, gas supplies, gas heaters, gas supply network

Coretrax Has Moved to a New Purpose Built HQ with an Investment of GBP 2.4 Million

Dec 14, 2012

Aberdeen based oilfield services firm, Coretrax, has moved to a new purpose built HQ with an investment of GBP 2.4 million into the office and workshop space. Formed in 2008, the company had outgrown its previous offices in Altens, ...

Tags: oilfield services, oilfield, oil aindustry, gas industry

Directorate of Mines Informed The Supreme Court Appointed Centrally Empowered Committee

Dec 14, 2012

Business Standard reported that the Directorate of Mines on December 10th informed the Supreme Court appointed Centrally Empowered Committee that it has completed the process of lease renewal of 40 mines, which are working under deemed ...

Tags: mines, Mineral, mining lease, Mining Corporation

A Steel Business Is Targeting Growth After Receiving a GBP 700,000 Finance Package

Dec 14, 2012

Menmedia reported that a steel business is targeting growth after receiving a GBP 700,000 finance package from Yorkshire Bank. Radcliffe based Steel Dynamics was founded in September to supply stainless steel, duplex and nickel alloys to ...

Tags: Steel Dynamics, steel, stainless steel, nickel alloys

There Is No Policy for Fixation of Sale Price of The Ore

Dec 14, 2012

Business Standard reported that amid allegations of monopolization of chrome ore trade leveled by the All Odisha Steel Federation against state controlled miner Odisha Mining Corporation, the Odisha government has informed the Competition ...

Tags: chrome ore, chrome ore trade, ore, sponge iron

IIMA President Announced The Appointment of Stuart Horner as Secretary General

Dec 14, 2012

International Iron Metallics Association (IIMA) President Alberto Hassan, acting on behalf of the Board of Directors and Executive Committee, today announced the appointment of Stuart Horner as Secretary General, effective January 1, 2013. ...

Tags: Iron, Iron Metallics, metals, metallurgical

Kincora Copper Continues to Drill and Is Consistently Finding Evidence of Copper

Dec 13, 2012

Mr John Rickus President & CEO at Kincora Copper said that the company continues to drill and is consistently finding evidence of copper. The strategy remains to further the drill campaign until it finds a large deposit that it believes is ...

Tags: copper, strategy, campaign

Russkaya Compressor Celebrate The Construction Start-up of The South Stream Gas Pipeline

Dec 13, 2012

The Russkaya compressor station site (near Anapa, Krasnodar Territory) hosted the celebrations dedicated to the construction start-up of the South Stream gas pipeline. The celebrations were attended by Vladimir Putin, President of the ...

Tags: gas pipeline, celebrations, gas transportation

Ukraine Used 84.52% of Their Annual Quota up to The End of September 2013

Dec 13, 2012

As of November 30th 2012, importers of steel pipes to Ukraine used 84.52% of their annual quota up to the end of September 2013 for imports of steel seamless casing and tubing with diameters up to 406.4 mm. For the period from October ...

Tags: steel pipes, imports, steel seamless casing

Change Is on 29th November as Compared to 22nd November 2012

Dec 13, 2012

Base metals at LME posted major recovery last week on signs of improved demand for the industrial metal from China and the US highlighting market's belief that demand is going to be significantly improved in 2013. London Metal Exchange ...

Tags: LME, industrial metal, london metal exchange rates

Government Has Repossessed Mwanesi Iron Ore Deposits in Chivhu Paving Way

Dec 13, 2012

Government has repossessed Mwanesi iron ore deposits in Chivhu paving way for Essar Africa Holdings to resume operations at NewZim Steel. The deposits were subject to a legal wrangle as a former Zisco employee Mr Roderick Mumbire ...

Tags: iron ore deposits, operations, steel, investment

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