Iran, which now holds a 2.4 percent share in the global petrochemical market, intends to increase the same to about 4.9 percent over the next two years, Deputy Head of National Iranian Petrochemical Industries Company, Ramezan Oladi, has ...
Tags: Petrochemical Market, Petrochemical, Metallurgy, Mineral, Energy
Eastern US coal producer Consol Energy has halted production at its Blacksville No. 2 underground mine on the border between Pennsylvania and West Virginia border until it determines the source of smoke detected near a shaft on the ...
Tags: coal producer, coal, mine
China's incoming president, Xi Jinping, will likely follow the course set by his predecessor in dealing with Russia, according to a former senior vice president at China National Offshore Oil Corporation, Victor Gao. Xi is expected to be ...
Tags: gas, Offshore Oil, gas industry
Australian mining giant Rio Tinto remains committed to its $10 billion Simandou iron ore projects located in Guinea, West Africa, despite the slowdown in progress regarding development of the project, according to media reports. The ...
Tags: iron ore project, iron ore, mining
Russian steelmaker Severstal has announced that Cherepovets Steel Mill, a part of its Russian steel division, will invest up to RUB 2.5 billion ($81 million) in its environmental improvement program in 2013. According to Severstal, this ...
Tags: steelmaker, Steel Mill, Steel
Japanese steelmaker Kobe Steel, Ltd has announced that its Chinese steel wire processing joint venture, Kobelco Spring Wire (Foshan) Co., Ltd (KSW), located in Foshan, Guangdong Province, has started operations. Kobe Steel owns a 50 percent ...
Tags: Steel Wire, Steel, steelmaker
China’s overall fixed asset investments in its railways totaled RMB 37.62567 billion ($6 billion) in January-February this year, up RMB 7.69403 billion or 25.7 percent year on year, according to the figures issued by China’s ...
Mexican Industrias CH (ICH) has signed a contract with TransCanada Pipelines Limited to provide 117.5 kilometers of 30-inch diameter pipe to be used in the construction of a section of pipeline in Northwest Mexico. In a press release, the ...
Tags: pipe, ICH, TransCanada project
An agreement to establish a new iron and steel logistics in Chengdu in China’s Sichuan Province has been signed by Sichuan Chemical Industry Holding Co., Sichuan Province-based Chengdu Liangli Steel Logistics Co. and Sichuan Taiyi ...
Ukraine-based Azovstal, a subsidiary of Ukraine's largest vertically-integrated mining and steel group Metinvest, has stated that in March it plans to ship around 100,000-105,000 mt of plates, up 40-41 percent compared to February, and ...
Australia-based iron ore developer NSL Consolidated (NSL) has announced that it has signed a US$12.2 million joint venture agreement with India-based Vijay Group, according to which the parties will establish a strategic alliance that will ...
Tags: NSL Consolidated, joint venture agreement, Vijay Group
The local government of the Yanjiang district in Ziyang in China’s Sichuan Province has drawn up a five-year development target for the Ziyang- based facilities of Chinese steel pipe producer Baoji Petroleum Steel Pipe Co., involving ...
Tags: Yanjiang district, steel pipe, Baoji Petroleum Steel Pipe
According to the data provided by the Turkish Statistical Institute (TUIK), in January this year Turkey's flat steel imports, including hot rolled, cold rolled, coated and narrow strip steel, rose by 39.15 percent compared to the previous ...
Tags: Turkey, Flat Steel, January
According to the latest 'Bi-Monthly Stainless Steel Briefing March 2013' report issued by Germany-based service centre Damstahl, in 2012 European stainless crude steel production amounted to 7.4 million mt, falling two percent compared to ...
Tags: Stainless Steel, Steel, Metallurgy, Mineral, Energy
The amount of freight carried by the for-hire transportation industry rose 1.2 percent in January from December, rising for the third consecutive month, according to the US Department of Transportation's Bureau of Transportation Statistics' ...
Tags: Freight Shipments, Service