Egypt-based steelmaker Ezz Steel has given details of the Egyptian Court of Cassation's decision on the case regarding its acquisition of the El-Dekheila steel plant. The Court of Cassation has accepted the appeal submitted by Ahmed Ezz, ...
Tags: acquisition, steel
On December 19, China Huarong Asset Management Co. (China Huarong), one of China's four state-owned asset management companies, announced that it has formally become a shareholder of Tianjin International Mining Exchange. Details regarding ...
Tags: shareholder, Tianjin, mining
The European Commission has announced that it has launched an expiry review regarding the antidumping (AD) duty on welded pipe imports from Belarus, China, Russia and Ukraine. The expiry review application was lodged by the Defence ...
Steel Dynamics, Inc. provided fourth quarter earnings guidance Tuesday in the range of $0.21 to $0.25 per diluted share. The estimate compares to $0.25 per diluted share reported for the third quarter 2013 and $0.27 per diluted share ...
Tags: steel, metallurgy
According to the data provided by the Turkish Statistical Institute (TUIK), in the first 10 months of the current year Turkey's pre-painted galvanized iron (PPGI) exports amounted to 183,577 mt, increasing by 4.15 percent, while the revenue ...
RWE Dea UK is pleased to announce the production start from the Southern North Sea gas field Orca. The operator is GDF SUEZ E&P Nederland B.V., with RWE Dea as partner. The Orca field will be developed by drilling three wells in total. ...
Tags: RWE Dea UK, Orca, gas field, GDF SUEZ E&P Nederland B.V.
According to the data provided by the Turkish Statistical Institute (TUIK), in the first 10 months of the current year Turkey's wire rod exports amounted to 787,735 mt, decreasing 15.22 percent, while the revenue from these exports fell to ...
Yara International ASA has entered into shipbuilding contracts with Hyundai Mipo Dockyard(HMD)for the construction and delivery of 2 mid-size LPG carriers with an expected cost per vessel of USD 51 million. Following an evaluation of ...
Germany-based SMS Group has announced that in 2013 its order intake will be lower than in 2012, adding that it expects its net result to decrease compared to the previous year. SMS Group stated that low capacity utilization and high raw ...
Tags: manufacturing, material, price
Japanese steelmaker Nippon Steel & Sumitomo Metal Corporation (NSSMC) has announced that Nippon International Crankshaft Inc. (ICI), its joint venture subsidiary with Sumitomo Corporation which forges crankshafts in the US, has decided to ...
Tags: steel, metallurgy
Mexican steel producer Industrias CH (ICH) announced this week that it has $611 million in cash available to make acquisitions next year. Sources close to the firm said that increased operations would materialize in the short term, ...
Tags: steel, metallurgy
Liaoning Province-based Chinese steelmaker Anshan Iron and Steel Group Co. (Ansteel) has announced that on December 18 it signed an agreement to establish a long-term strategic cooperative partnership with Dalian Port Group Co. with the aim ...
Marin,the ultra-deepwater excavation specialist and recovery firm,has confirmed it is to acquire AGR Seabed Intervention.The announcement comes after the duo formed a very successful strategic alliance earlier this year. The acquisition ...
Tags: AGR Seabed Intervention, Marin, acquisition
The blooming rising global scrap price has pushed most of Taiwanese rebar mills to hike their new rebar base price in this week. However, most of the local market participants worried about the raising rebar price in this week may cause ...
MacGregor,part of Cargotec,has won a contract to deliver four 250-tonne heavy-lift electric cranes to two 12,000 dwt multi-purpose vessels for a Danish operator Nordana.As part of a fleet refurbishment plan,the long-established Danish ...
Tags: Macgregor, Cargotec, heavy-lift electric cranes, Nordana