Russian steel pipe and railway wheel producer Vyksa Steel Works, a part of Russia-based OMK Group, has successfully completed field tests of large diameter (LD) pipes made from wide flat products at its heavy plate mill 5000, which ...
Tags: Vyksa Steel
According to the latest financial report released by Hong Kong-based conglomerate CITIC Pacific, a diversified company with a primary focus on special steel manufacturing, iron ore mining, energy and property, in the first half of the ...
Tags: CITIC Pacific, Mineral
On August 11, construction work started on the continuous casting project and hot rolling project at Chinese steel producer Baosteel's Zhanjiang steel base, as announced by Beijing-based state-owned China Metallurgical Group Co. (MCC) on ...
Tags: HR Projects, Baosteel
The amount of freight carried by the for-hire transportation industry fell 0.2 percent in June from May, declining after a one month increase, according to the US Department of Transportation's Bureau of Transportation Statistics' (BTS) ...
Tags: Freight Shipments
India's finished steel consumption totaled 24.1 million mt in the first four months of the current Indian fiscal year (started April 1, 2013), almost stable compared to the level recorded in the same period last year, with just a 0.2 ...
Tags: Finished Steel, Mineral
According to statistics released by Japan's Ministry of Finance, in first half of 2013 Japan's scrap exports amounted to 4.76 million mt, increasing 16.8 percent compared to the same period of the previous year. Meanwhile, Japan's ferrous ...
Tags: Scrap Exports, Mineral
Zijin Mining Group Co., China's largest gold producer by output, announced on Wednesday a 54 percent year-on-year slump in net profits in the first half of 2013, largely due to falling gold prices. In a statement filed with the Shanghai ...
Tags: Gold Miner, China's Largest
Even trace levels of heavy metals discharged from seawater reverse osmosis (SWRO) desalination plants can have adverse impacts on the marine environment. One of the environmental concerns for seawater desalination technologies is the ...
Tags: Industrial Equipment, Components
As a result of the restructuring announced on 6 August, the Finnish UPM-Kymmene aims to increase productivity and thereby achieve growth in concern profits of €400m. In the new structure, which is to become effective from 1 November, ...
Tags: Construction, Metallurgy, Mineral, Energy
China Petroleum and Chemical Corp, or Sinopec, raised its ex-works butadiene price effective late Monday, the second hike in four days, end-users said Tuesday. The state-owned company is now offering butadiene at Yuan 8,500/mt, or about ...
Tags: Sinopec, China Petroleum
China’s gold consumption reached 706.36 tons in the first six months of 2013, a year-on-year rise of 53.7 percent of 246.78 tons, according to statistics released by China Gold Association on August 12. A total 383.86 tons of gold ...
Tags: Gold Consumption
China's top price regulator has imposed penalties on a local gold and jewelry industrial association and five jewelry firms in Shanghai for price-fixing practices, China News Service reported Monday. The National Development and Reform ...
Tags: Gold Retailers
A dozen Chinese rare earth companies have formed an industrial alliance to sue Japan’s Hitachi Metals for holding invalid patents and infringing patent rights of Chinese companies. The legal process could start in early September in ...
Tags: Hitachi Metals, Rare Earth
China's apparent oil demand in July rose 6.6% year on year to 41.52 million mt or an average 9.82 million b/d, according to Platts' estimates based on recently released preliminary government data. Apparent oil demand was, however, 1.7% ...
Tags: Oil Demand
Levin Furniture is adding solar panels to the roof of its Mentor, Ohio, showroom, its third location to feature the clean energy technology. The Top 100 company, which has installed solar electric systems on two of its Pennsylvania stores ...
Tags: Solar Panels, Energy