A higher-than-expected increase Wednesday in FOB prices at China's Qinhuangdao port for 5,500 kcal/kg NAR domestic thermal coal gave a lift to imported thermal coal prices which advanced to $79/mt basis South China ports, said market ...
Tags: Thermal Coal, high-ash cargo
Central Europe's New World Resources produced 6.45 million mt of coal in the first nine months of 2013, a 25% year-on-year decline, the miner reported in its results for the nine months to end-September. External coal sales for ...
Tags: Coal Production, Mineral
Wedmore's new renewable power plant built by a co-operative of local investors was completed in October. The team behind the £1.1 million project say the larger of two paddocks of solar panels has started feeding clean electricity ...
Tags: Clean Power, Solar Power, Energy
Australia is a good potential investment target in the shale gas sector for Chinese companies as the domestic industry hopes that its own developments there can help meet soaring demand, according to several experts in the field. "It is a ...
Tags: Gas, Metallurgy, Mineral, Energy
Global steelmakers, metallurgical coal miners and merchant coke producers are feeling the heat thanks to sluggish steel and coal prices coupled with the prospect of higher energy costs in the US due to regulation, participants said Tuesday ...
Tags: steel, Coal, Metallurgy, Mineral
Abinsk Electrometallurgical Plant announced that its 500,000-600,000 MT rebar mill in south Russia will start hot run the newest built steelmaking shop later this month. The work shop can produce annual output around 1.3 million with ...
Tags: Casting Mill
Japan’s Sumitomo Corporation has indicated to join purchase agreement with Press Metal Berhad (PMB) for sharing in the second phase of the aluminum smelting project in Sarawak, Malaysia. PMB is the leading integrated aluminum company ...
Tags: Aluminum Smelters, Mineral
Holingol City of Inner Mongolia has officially signed MoU with Jiangsu Shengquan Special Alloy Materials Co. for the building of the new special aluminum alloy smelters with approx. 500,000 ton annual capacity. With total investment around ...
Tags: Holingol City, Alloy Smelters
Austrian steelmaker voestalpine AG has announced its financial results for the first half ended September 30 of the fiscal year 2013-14. Accordingly, voestalpine's net profit in the first half decreased by 10.9 percent to €240 ...
Tags: Voestalpine, Economic Recovery
UAE-based steel producer Conares has announced that it plans to reach full capacity production at its rebar mill in November due to the substantial increase in both domestic and export demand mainly supported by the improving situation in ...
Tags: Rebar Mill, Mineral
Latin American steelmaker Ternium has reported a net profit of $136 million in the third quarter of 2013, rising from a net profit of $134.4 million in the corresponding quarter of the previous year. In the first nine months, Ternium's net ...
Sichuan Province-based Chinese state-owned steel producer Panzhihua Iron and Steel (Pangang Group) has announced that it plans to issue medium-term notes worth RMB 4.5 billion ($737.7 million) on November 11. The notes in question will ...
Tags: Pangang Group
Central Europe-based miner New World Resources Plc (NWR) has announced its financial results for the first nine months of 2013. In the first nine months, New World Resources registered a net loss of €527.9 million, compared to a net ...
Major Chinese steel producer Wuhan Iron and Steel (Group) Corp. (WISCO) has stated that its high-strength low-alloy galvanized steel sheet has been approved by the Shanghai R&D center of PSA Peugeot Citroen. PSA Peugeot Citroen, the ...
Tags: Galvanized Sheet, PSA
In September this year, China's auto exports totaled 73,800 vehicles, with a month-on-month decline of 1.60 percent and a year-on-year decrease of 30.52 percent, as announced by the China Association of Automobile Manufacturers (CAAM) on ...
Tags: Auto Exports, Passenger Car