Asia

Aluminium Smelters in China Have Agreed on Higher Ratios of Metal Prices Next Year

Reuters reported that Aluminium smelters in China have agreed on higher ratios of metal prices next year to value purchases of the raw material alumina spurred by worries of tighter supply at home. Traders and sources at smelters said ...

Tags: aluminium smelters, metal, Metal Exchange, alumina

A New 10 Year Electric Power Supply Contract Signed on December 7th 2012 Ends

A new 10 year electric power supply contract signed on December 7th 2012 ends years of job uncertainty for 625 Alcoa Intalco Works employees. More than 100 workers gathered at the aluminum smelter's Totem Terrace assembly hall west of ...

Tags: electric power supply, electric power, BPA, aluminum smelter

Audi Will Be Putting on Display a Lightweight Chair Which Has Been Developed on Same Lines

Made exclusively from carbon-fiber and aluminum, Audi will be putting on display a lightweight chair which has been developed on same lines as the Audi R18 racecar. This lightweight Audi chair, weighing just 5 pounds is on display at Design ...

Tags: lightweight chair, Audi, Audi chair, chair

TATA Power Is Eyeing More Hydro Power Projects in Bhutan

Business Line reported that TATA Power is eyeing more hydro power projects in Bhutan. Sources said that Mr Anil Sardana MD of TATA Power’s is expected to visit Bhutan this month where he would negotiate the finer print with the ...

Tags: TATA Power, hydro projects, hydro power projects, Hydro Project

The India's Union Ministry Agreed to Thrash out Issues Pertaining to Forest Clearance

Business Standard reported that the India's union ministry of steel and the Odisha government on December 14th agreed to thrash out issues pertaining to forest clearance and land acquisition, the 2 major bottlenecks impeding the progress of ...

Tags: Steel, steel projects, steel companies

The Rating on Steel Authority of India Ltd Reflects The Company's Good Market Position

The rating on Steel Authority of India Ltd reflects the company's good market position and diverse customers in India and its favorable cost position due to its captive sources of iron ore. SAIL's good access to funding as a government ...

Tags: Steel, iron ore, steel producer, steelmaking capacity

Baosteel Group Co Ltd Insists on Leading Technology

2012 national technology innovation demonstration enterprise assessment results are recently announced.Baosteel Group Co Ltd insists on leading technology and open independent integration innovation road,and with good technical innovation ...

Sohar Decided to Cease Exports to Canada Following Ottawa's Decision

Oman Observer reported that Sohar based steel pipes manufacturer Al Jazeera Steel Products has decided to cease exports to Canada following Ottawa's decision to impose steep anti dumping duties on its pipe products. Last week, Al Jazeera ...

Tags: Steel, steel pipes manufacturer, steel pipes, Steel products

Tokyo Steel Manufacturing Co Plans to Deal with Rising Power Costs

Tokyo Steel Manufacturing Co is relocating output to deal with rising power costs in the wake of last year's nuclear disaster. The company's president, Mr Toshikazu Nishimoto, said that higher electricity tariffs will push up costs for an ...

Tags: Steel shifts output, power costs, Steel Manufacturing, Steel

A Super Strength Steel Was The Star Attraction at a Royal Tour

A super strength steel that could help to defend British soldiers against the Taliban was the star attraction at a royal tour. The Prince of Wales was introduced to Super Bainite, a new super strength steel which could become a life-saver. ...

Tags: TATA Steel, saving steel, strength steel, steel

There Is Some Good News for The Ore Starved Steel Industry

Even as the resumption of regular mining is getting delayed in Karnataka,there is some good news for the ore starved steel industry as one of the Category A mining company has got approval to put on auction some of its low grade iron ore. ...

Tags: MEL, Auction, Iron Ore

Japan's Crude Steel Production in November Fell 2.3 Percent

Japan's crude steel production in November fell 2.3 percent from a year before to 8.498 million tonnes,down for the third straight month The Japan Iron and Steel Federation said that demand is sluggish among Japanese manufacturers such as ...

Tags: crude steel, production, demand

Italian Textile Training Centre Is Setted up by Acimit in India

ACIMIT and DKTE'S Textile&Engineering Institute Ichalkaranji(DKTE)have signed an agreement for the establishment of an Italian Training Centre at Ichalkaranji in India. By the signing of the agreement between the Association of Italian ...

Tags: ACIMIT, Textile Training Centre, DKTE