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

Higher Operating Costs Remain Entrenched

Dec 27, 2012

Fitch Ratings Director Jay Djemal said that Latin American Metals and Mining observed that higher operating costs remain entrenched. The report said that “Higher operating costs will continue in 2013 for metals and mining. Cost ...

Tags: metals, Mining, mining exports, copper miners

Shares Closed Higher as Obama Cut Short Holiday to Return to Washington for Talks

Dec 27, 2012

LOCAL shares closed higher today as US President Barack Obama cut short his Christmas holiday to return to Washington for talks aimed at resolving the so-called fiscal cliff. Investors in Australia's sharemarket remained optimistic that ...

Tags: stocks, shares, market, tax

The Sponge Iron Industry Is in Doldrums Owing to Acute Shortage of Iron Ore

Dec 27, 2012

Business Standard reported that the sponge iron industry in Karnataka, which accounts for about 22 % of the state’s total iron and steel industry, is in doldrums owing to acute shortage of iron ore. As per report, while a majority ...

Tags: Iron ore, Iron, ore, steel industry

Vale Decided to Adhere to The New Legislation on The Value Added Tax

Dec 27, 2012

Vale said that it decided to adhere to the new legislation on the value added tax on services and circulation of goods recently enacted by the Brazilian state of Minas Gerais Law 20.540 and Decree 46.110. Therefore, the existing legal ...

Tags: Vale, ICMS, tax, services

US Iron Ore Production in September This Year Was 4.34 Million Tonne

Dec 27, 2012

According to the Mineral Industry Survey released by the US Geological Survey, US iron ore production in September this year was 4.34 million tonne, nearly equal to the August level and down 1.4% YoY. In the first nine months of the year, ...

Tags: iron ore, iron, ore, iron ore production, pig iron

Western Sanctions on Iran's Shipping and Energy Sectors Caused Serious Problems

Dec 26, 2012

Reuters cited Mr Rostam Qasemi Oil Minister as saying that western sanctions on Iran's shipping and energy sectors caused serious problems for its oil industry earlier this year but Iran has mostly overcome those challenges. Iranian ...

Tags: Iran, Sanction Challenges, US and European

Infor Announced That Montebello Packaging Has Selected Infor VISUAL and Infor PLM Discrete

Dec 26, 2012

Infor, a leading provider of business application software serving more than 70,000 customers, today announced that Montebello Packaging has selected Infor VISUAL and Infor PLM Discrete. Montebello Packaging, a manufacturer of collapsible ...

Tags: Packaging, Infor Software, packaging operation

Metalvac High-Vacuum Metallized Paper Products Are Recyclable and Specially Designed

Dec 26, 2012

Metalvac high-vacuum metallized paper products are 100-percent recyclable and specially designed for labeling beer and other premium beverages. Available in silver or gold, gloss or matt, and with a variety of embossed finishes including ...

Tags: Packaging Printing, Metallized Papers, Papers

The CIS Steel Export Market Is Already Turning Into Vacation Mode

Dec 26, 2012

As per latest reports from Black Sea, the CIS steel export market is already turning into vacation mode and prices are rather stable. Billet price is fluctuating around SD 510 per tonne to USD 515 per tonne FOB Black Sea. Finished longs ...

Tags: CIS steel exporters, CIS steel, steel, steel export

L&T Has Delivered Its First Indigenously Designed High Speed Interceptor Boat

Dec 26, 2012

Business Line reported that L&T has delivered its first indigenously designed and constructed high speed interceptor boat to the Indian Coast Guard. Capable of achieving a maximum speed over 40 knots, the boat was designed and constructed ...

Tags: Business Line, high speed interceptor, Coast Guard, coastal surveillance

The Rajiv Gandhi Grameen Vidyutikaran Yojana Was Launc Was Launched

Dec 26, 2012

Mr Jyotiraditya M Scindia minister of Power said that the Rajiv Gandhi Grameen Vidyutikaran Yojana for rural household electrification was launched in 2005 by Government of India. The scheme is being implemented through State Discoms and ...

Tags: rural household electrification, electrification

Providing Tax Incentives Would Promote Power Conservation in The Real Estate Sector

Dec 26, 2012

Mr Jyotiraditya M Scindia minister of Power said that there are no studies or data indicating that providing tax incentives would promote power conservation in the real estate sector. Moreover, the issue of split incentive is an impediment, ...

Tags: real estate sector, buildings, Energy Conservation Building Code

Severstal North America Appointed Mr Sachin Shivaram General Manager Metallics Purchasing

Dec 26, 2012

Severstal North America, one of the largest steel producers in the US has appointed Mr Sachin Shivaram general manager Metallics Purchasing, reporting to Mr Saikat Dey chief strategy and procurement officer. He will be based in Columbus, ...

Tags: GM metallics, steel producers, steel, Metallics Purchasing

Access to Infrastructure Will Remain a Significant Challenge for The Mining Sector

Dec 25, 2012

Reuters reported that access to infrastructure will remain a significant challenge for the mining sector next year even though the government has committed resources to capital investment program aimed at the transformation of the economy. ...

Tags: Mining Jobs, Mining Companies, Coal Mining News, Mining Industry

SteelGuru Plans to Help Them Remain Updated with Various CAPEX Projects

Dec 25, 2012

SteelGuru, the leading website for steel, metal and mining industry with 150,000 page views per day and 75,000 plus registered users for its E mail based news letter Steel Trade Today, has added yet another value added service for its ...

Tags: SteelGuru, metal industry, mining industry, industry

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