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

Codelco Is Hopeful About Reaching a New Labor Deal with Its Union

Dec 13, 2012

Reuters reported that Codelco is hopeful about reaching a new labor deal with its union at the massive Chuquicamata mine. Mr Thomas Keller CEO of Codelco said that "We're optimistic. It's a complex negotiation but we're hoping that with ...

Tags: Codelco, copper market, mining industry

Outotec Has Delivered The World's First University

Dec 13, 2012

Outotec has delivered the world's first university based minipilot concentrator to the Department of Process and Environmental Engineering of the University of Oulu, Finland, as part of its active university cooperation. The small research ...

Tags: mining industry, Mineral, Energy

North American Nickel Inc Announced The Discovery of Significant Values for Nickel& Copper

Dec 13, 2012

North American Nickel Inc announced the discovery of significant values for nickel, copper, cobalt and for the first time the precious metals platinum, palladium and gold on its 100% owned 4,983 Square kilometers Maniitsoq project in ...

Tags: nickel, copper, cobalt

Drill Contracts Have Been Signed for Follow up Drilling of The NC12-34 Area

Dec 13, 2012

Nevada Copper Corporation announced that drill contracts have been signed for follow up drilling of the NC12-34 area from its 100% owned Pumpkin Hollow Property located near Yerington Nevada. It is expected that drill mobilization will ...

Tags: NC12-34 area, mineralization, copper resource

The Application Range for Aluminium Products Is Steadily Expanding

Dec 13, 2012

The application range for aluminium products is steadily expanding. To address changing end user needs and survive intense competition, manufacturers are modernizing their production facilities and broadening their product portfolios. In ...

Tags: aluminium products, foils used in the packaging industry

Precision Waterjet Concepts Inc Has Installed a Third Jet Edge Waterjet Cutting System

Dec 13, 2012

Jet Edge Inc announced that Precision Waterjet Concepts Inc has installed a third Jet Edge waterjet cutting system at its full service 5 axis and 3 axis waterjet cutting facility in Northern Minnesota. The thriving water jet cutting service ...

Tags: waterjet cutting, water jet services, kmt waterjet, abrasive waterjet

US and Russia Suspension Agreement Increased

Dec 13, 2012

The US Department of Commerce has published the final results of its administrative review of the suspension agreement with Russia on hot rolled carbon quality flat steel products. The suspension agreement was revised following ...

Tags: hot rolled carbon quality flat steel products, steel

Project to Create 40 New Jobs by 2016

Dec 13, 2012

The Journal Gazette reported that state and Whitley County officials have approved more than USD 1.2 million in tax breaks on Steel Dynamics Inc's planned USD 27 million investment at its Columbia City operation. The project, announced ...

Tags: work tax credit, tax, dividend income tax, irs tax problems

Stemcor Signed Agreement with Logistics Partner Katoen Natie in Antwerp, Belgium

Dec 13, 2012

Stemcor, the world's largest independent steel trader, has signed a long-term handling and storage agreement with logistics partner Katoen Natie in Antwerp, Belgium. The intention is to consolidate stocks of steel plate into a purpose-built ...

Tags: Stemcor, steel trader, plate stocks

Steel Import Permit Applications for The Month of November Totaled 2,557,000 Net Tons

Dec 13, 2012

Based on the Commerce Department's most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported today that steel import permit applications for the month of November totaled 2,557,000 ...

Tags: buy steel pipe, steel scrap buyers, steel strip, steel plate

Tubing Will Be Locating Operations in Brownstown, Creating up to 56 New Jobs by 2015

Dec 13, 2012

The maker of mechanical and structural tubing has announced it will be locating its operations in Brownstown, creating up to 56 new jobs by 2015. According to a company press release, E&H Tubing, who recently acquired the assets of ...

Tags: maker of mechanical and structural tubing, Indiana Steel and Tube

Timken Is Costing Shareholders The Chance to Recoup USD 1.3 Billion in Market Value Lost

Dec 13, 2012

Timken Co the bearings maker that trades at the lowest earnings multiple among its peers, is costing shareholders the chance to recoup USD 1.3 billion in market value lost this year by not spinning off its steel unit. Ralph Whitworth's ...

Tags: business owners, gas bearing, stock market news, steel scrap buyers

Pluton Resources Ltd May Soon Start to Export Iron Ore

Dec 13, 2012

Pluton Resources Ltd may soon start to export iron ore mined from approximately 60 meters below sea level in the coming weeks. Mr Tony Schoer CEO of Pluton's said that the revenue obtained from this export will be used to fund further ...

Tags: iron ore price news, mining, iron, copper ore mining

The 240 Kilometers Long Pipeline Will Deliver 25 Million Cubic Meter

Dec 13, 2012

According to Oman Gas Company which will supervise and manage the pipeline project, a contract for the construction of a major gas pipeline from the Saih Nihayda gas field in central Oman to the Duqm industrial area will be awarded by the ...

Tags: gas pipeline, Oman Gas Company, pipeline project

The State News Agency AVN Said That BBVA Will Lend Venezuela EUR 162mn for a Steel Plant

Dec 13, 2012

Venezuelan lawmakers approved the conditions of USD 417 million of loans from Banco Bilbao Vizcaya Argentaria SA and Japan Bank for International Cooperation to finance transportation projects and a steel plant. The state news agency AVN ...

Tags: loans, steel plant, Caracas-Cua train line

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