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

Strike Resources Is Set to Provide an Update on Its Apurimac Iron Ore JV

Dec 27, 2012

It is reported that Strike Resources is set to provide an update on its Apurimac iron ore JV in Peru and has requested a voluntary suspension from the ASX until 31st December 2012. Strike's two principal projects in the bulk commodities ...

Tags: Iron, Metallurgy, Mineral

Xstrata Copper Has Completed Construction and Commenced Commissioning on Schedule

Dec 27, 2012

Xstrata Copper's Lomas Bayas operation, located in northern Chile, has completed construction and commenced commissioning on scheduleof its USD 300 million Lomas II project to extend the mine life by 16 years, until at least 2028, at ...

Tags: Xstrata Copper, Copper, Mineral, Metallurgy

Peru Will Help Southern Copper Corp and Newmont Projects Delayed by Community Protests

Dec 27, 2012

El Comercio citing Energy & Mines Minister Jorge Merino reported that Peru will help Southern Copper Corp and Newmont Mining Corp accelerate projects delayed by community protests. Merino told the Lima-based newspaper said that the ...

Tags: El Comercio, Energy, Mines, Southern Copper Corp, Newmont Mining Corp

Aperam Is a Global Player in Stainless,Electrical and Specialty Steel

Dec 27, 2012

Aperam announced its financial calendar for 2013. Earnings calendar 4 February 2013-earnings for 4th quarter 2012 and 12 months 2012 7 May 2013-earnings for 1st quarter 2013 31 July 2013-earnings for 2nd quarter 2013 and 6 ...

Tags: Financial, Calendar, Aperam

The Average Nickel Prices Rose to US$7.73/Lb.From US$7.38/Lb.

Dec 27, 2012

Nippon Steel&Sumikin Stainless the largest stainless producer in Japan announced to raise the prices for austenitic rod by JPY 10,000 per tonne for December to February contracts,in order to reflect higher nickel prices. The firm ...

Tags: Austenitic Rod, Prices, Nippon Steel

PDIC Would Help Enhance Payment Operations for Deposit Insurance Claims

Dec 27, 2012

The Philippine Deposit Insurance Corporation (PDIC) has entered into a memorandum of agreement with the Land Bank of the Philippines (LBP) in a bid to help enhance payment operations for deposit insurance claims. As part of the agreement, ...

Tags: PDIC, memorandum of agreement, LBP, payment operations, deposit insurance

The Buck Finally Stopped on The Eve of New Year in China

Dec 27, 2012

After a month long rally of 17%culminating in the highest level in the last 5 months the buck finally stopped on the eve of New Year in China.Propped on sound macro economic parameters steel production picked up.Steel consumption has shown ...

Tags: Mineral, Metallurgy, Iron Ore Price

Gujarat Mineral Development Corporation Will Set up a Global Centre on Mining Safety

Dec 27, 2012

PTI reported that state public sector unit Gujarat Mineral Development Corporation will set up a global centre on mining safety and automation in Gujarat. The centre which is likely to be established on a public private partnership ...

Tags: Automation, Global Centre, Development Corporation

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

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

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