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Metallurgical Industries Holding Company Decided to Offer an International Tender

Dec 12, 2012

The Metallurgical Industries Holding Company decided to offer an international tender among specialized consulting firms for the development of factories of the Iron and Steel Company in Helwan. Mr Mohamed Saad Negeda chairman of Iron and ...

Tags: Iron and Steel Company, Metallurgical Industries Holding Company

Clear Advantages Advanced High-Strength Steels Offer to Automakers

Dec 12, 2012

In a new three part video series about the clear advantages advanced high-strength steels offer to automakers, Mr Lawrence W Kavanagh president, the Steel Market Development Institute a business unit of the American Iron and Steel ...

Tags: steel suppliers, steel protection, aisi steel, steel design

Iron Ore Has Turned Ice Cold in Recent Months

Dec 12, 2012

Reuters reported that strike while the iron is hot, the old saying goes, and a legion of iron ore miners setting up in Canada's remote Labrador Trough want to do just that. But, for now, they have to wait. Iron ore, the main component of ...

Tags: iron ore price news, steel scrap buyers, stainless steel, buy steel pipe

Gas and Mining Sectors Around The World Held 2 Day Conference

Dec 12, 2012

Revenue Watch, a capacity building and technical assistance organization that focuses on building capacity for good governance in the oil, gas and mining sectors around the world held 2 day conference at the Al Waddan Hotel in Tripoli. The ...

Tags: oil, gas, mining sectors

The Situation for Mining and Steel Companies in Karnataka Continues to Be Grim

Dec 12, 2012

It is reported that the situation for mining and steel companies in Karnataka continues to be grim despite the Supreme Court order allowing some of the mines to resume operations. Delays in getting clearances from government bodies and in ...

Tags: mines, mining plans, mining and steel industries

Southern Hemisphere Mining Has Added The Experienced Mr Paul McRae

Dec 12, 2012

Southern Hemisphere Mining has added the experienced Mr Paul McRae to the board as a non executive director. Mr McRae is serving as nominee director for Lundin Mining Corporation where he currently holds the position of senior VP, ...

Tags: Southern Hemisphere Mining, mining industrial projects

Vale SA Plans to Accelerate Growth in Iron Ore Output

Dec 12, 2012

Bloomberg reported that Vale SA plans to accelerate growth in iron ore output to recover market share it has lost to competitors including BHP Billiton Ltd and Rio Tinto Group. Mr Jose Carlos Martins head of ferrous and strategy at an ...

Tags: iron ore, Vale SA, BHP Billiton Ltd, Rio Tinto Group

Baltimore County Officials Are Urging Workers to Ensure They Meet Deadlines

Dec 12, 2012

Baltimore County officials are urging workers who were laid off from the Sparrows Point steel mill this year to ensure they meet deadlines for receiving federal assistance. The deadline for applying for Trade Adjustment Assistance is 26 ...

Tags: unemployment, workers comp claim, apply for job, assistance

Encana Oil and Gas Gets Its New "Gas for Cash" Drilling Program Underway

Dec 12, 2012

When Encana Oil and Gas gets its new "gas for cash" drilling program underway, it will be producing fuel for a steel making company that boasts of making recycled steel products using significantly less energy than other steel manufacturing ...

Tags: oil&gas drilling, future natural gas, oil and gas job, steel scrap buyers

Insteel Industries's Board of Directors Declared a Cash Dividend of USD 0.25 Per Share

Dec 12, 2012

Insteel Industries, Inc announced that its board of directors declared a special cash dividend of USD 0.25 per share on the Company's common stock payable on December 28th 2012 to shareholders of record as of December 19th 2012 The ...

Tags: Insteel Industries, cash dividend, special dividend

Aditya Birla Group Company Hindalco Will Receive USD 100 Million in Financing

Dec 12, 2012

BS reported that Aditya Birla Group company Hindalco will receive USD 100 million in financing from Export Development Canada or EDC, the country’s export credit agency for its Mahan Aluminium Project in Madhya Pradesh. The ...

Tags: Aluminium Project, capital equipment, MP Project

Business Line Has Immense Investment Potential in The Country

Dec 12, 2012

Business Line cited Mr Y Sivasagara Rao former CMD of the Visakhaptnam Steel Plant as saying that hydrated lime industry has immense investment potential in the country as the steel industry is set for a boom and it is one of the key raw ...

Tags: buy steel pipe, iron ore demand, recycling steel, one steel

London Mining Hired Mr Michael Miles to Be Its Chairman

Dec 12, 2012

Reuters reported that iron ore miner London Mining has hired Mr Michael Miles to be its chairman, appointing the former chairman of fund manager Schroders to its board with immediate effect. The miner, which produces iron ore in Sierra ...

Tags: iron ore miner London Mining, iron ore, fund manager Schroders

Friedman Industries Declared Special Cash Dividend of USD 0.50 Per Share

Dec 12, 2012

The Board of Directors of Friedman Industries, Incorporated a Texas based company engaged in pipe manufacturing, steel processing and steel and pipe distribution, declared on December 7, 2012, a special cash dividend of USD 0.50 per share ...

Tags: pipe manufacturing, steel processing, steel and pipe distribution

CEO Has Had His Hands Full Cleaning up Some Thorny Problems Left

Dec 12, 2012

Reuters reported that fresh from axing half of his management board this week, ThyssenKrupp chief executive Mr Heinrich Hiesinger is expected to ring in a new era at Germany's top steelmaker when he presents results on Tuesday. The CEO ...

Tags: steelmaker, steel companies, car parts, dependence on steel

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