Asia
Asia
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PMI For China's Steel Distribution Sector Dropped to 45.2 Percent in November
Dec 13, 2012Global Times reported that the purchase management index (PMI) for China's steel distribution sector dropped 5.1 percentage points month-on-month to 45.2 percent in November, which indicates that steel prices may decline further in the ...
Tags: purchase management index, Global Times, steel, Beijing Lange Steel
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The Tata Nano Will Be Launched in Jamaica December,2012 as The Indian Based Automaker
Dec 13, 2012The Tata Nano will be launched in Jamaica this month (December, 2012) as the Indian based automaker has recently announced. TATA has big plans for the cheapest car in the world, the Nano, and after going on sale in a few markets across ...
Tags: new tata nano, tata car, nano car, tata motors careers
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Henan Institute of Geological Survey Has Found More Than 85,000,000 Tonnes of Bauxite
Dec 13, 2012It is reported that Henan Institute of Geological Survey has found more than 85,000,000 tonnes of bauxite together with light rare earth resource in. According to the introduction, Henan Institute of Geological Survey found more than ...
Tags: bauxite, mining ressource, ore-seeking
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Steel Imports Declined in October by 2.5% Compared to September
Dec 13, 2012According to preliminary government data, steel imports declined in October by 2.5% compared to September. Mr David Phelps president of AIIS said that "Steel imports declined again in October as demand softened across most product lines. ...
Tags: structural steel, steel scrap price, iron ore price news
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Qatar Aims to Raise The Share of Solar Power in Electricity Generation to 16% by 2018
Dec 13, 2012Reuters reported that Qatar aims to raise the share of solar power in electricity generation to 16% by 2018. An official said that Qatar the world's top exporter of liquefied natural gas has the world's highest per capita greenhouse gas ...
Tags: solar power systems, solar energy panels, solar help, sustainable energy
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Saraya Has Commissioned The Amman Based Dubai Construction Company
Dec 13, 2012Saraya Abdali Real Estate Investment Company, a subsidiary of Saraya Holdings has commissioned the Amman based Dubai Construction Company, a subsidiary of Dubai Contracting Company to build 78,000 square meters mixed use tower in Abdali, ...
Tags: dubai hotel, dubai tourism, jordan hotel, dubai tower
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Jeffrey Koo Jr. Has Reportedly Joined Hands with Wang Wen-Yuan
Dec 13, 2012Taipei, Oct. 16, 2012 (CENS)--Jeffrey Koo Jr., chairman of Chinatrust Charity Foundation, has reportedly joined hands with Wang Wen-yuan, president of Formosa Plastics Group, and a Singaporean private equity fund to spend NT$17.5 billion in ...
Tags: Taipei, Chinatrust Charity Foundation, memorandum of understanding
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Outstanding Debt of The Central Government Will Top NT$5.27 Trillion in 2013
Dec 13, 2012Taipei, Oct. 16, 2012 (CENS)--Outstanding debt of the central government will top NT$5.27 trillion in 2013, 37.1% of the average GNP in the previous three years, a new high. Premier Sean Chen noted yesterday (Oct. 15) that with the ...
Tags: Taipei, debt, GNP, budgeted income
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WEMPCO Began The Trial-Run of Its New Multi-Billion Naira Integrated Steel Mill
Dec 13, 2012Western Metal Products Company Limited on Friday began the trial-run of its new multi-billion naira integrated steel mill. This came amid promises of support from the Federal Government that it would be more careful in future in the choice ...
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Company Expects The Global Copper Market to Swing Into a Slight Surplus in 2013
Dec 13, 2012Reuters cited Mr Thomas Keller CEO of Codelco as saying that company expects the global copper market to swing into a slight surplus in 2013 after several years of deficit but the small excess will have little impact on prices. ...
Tags: copper market, copper price, global economy
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5 International Engineering Firms Bid to Build 50,000 Tonnes Per Year Polyacetal Plant
Dec 13, 2012Reuters reported that 5 international engineering firms have bid to build 50,000 tonnes per year polyacetal plant at Ibn Sina an affiliate of Saudi Basic Industries Corporation. SABIC said in 2010 the project, producing a plastic which is ...
Tags: polyacetal plant, plastic waste, steel construction, car industry
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Sri Lanka Will Purchase Oil From Iraq After The U.S. Imposed New Sanctions on Iran
Dec 13, 2012AFP reported that Sri Lanka will purchase oil from Iraq after the United States imposed new sanctions on Iran, the island's main supplier of crude oil. The US Senate unanimously approved new economic sanctions Friday aimed at further ...
Tags: crude oil, Sri Lanka, Iraq, new sanctions
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Forest Advisory Committee of Ministry of Environment and Forests Granted Working Permit
Dec 12, 2012The Indian Express reported that the Forest Advisory Committee of the Ministry of Environment and Forests granted temporary working permit to National Aluminium Company for operating the central and north block of Panchpatmaili mines in ...
Tags: mines operation, bauxite mining, environmental clearance
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Onesteel Recycling Selected Brady to Manage Its Physical Trading and Risk Requirements
Dec 12, 2012Brady plc the leading supplier of trading and risk management solutions for metals recycling energy and soft commodities announced that Onesteel Recycling Asia has selected Brady to manage its physical trading and risk requirements for its ...
Tags: scrap metal company, metal recycling, scrap recycling, recycling aluminum
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POSCO Has Been Selected as a Preferred Bidder for a Krw 1 Trillion Deal
Dec 12, 2012Koreajoongangdaily reported that POSCO has been selected as a preferred bidder for a KRW 1 trillion (USD 922 million) deal to acquire a 15% stake in ArcelorMittal Mines Canada Industry sources with direct knowledge of the matter said that ...
Tags: iron ore price news, steel scrap buyers, steel suppliers
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