The China Iron and Steel Association (CISA) has stated that in the January-November period of 2012 the aggregate net loss of large and medium-sized steel enterprises in China totaled RMB 1.97 billion ($313 million). Meanwhile, in the given ...
Tags: China'S Steel Sector, Metallurgy, CISA, Net Loss
Turkey imported 29,793 tons of stainless steel flat products in November,rising by 7.5%from a month ago and increasing by 9.25%year on year,according to statistics released by the Turkish Statistical Institute(TUIK).Also,the country's ...
Tags: Turkey, stainless steel flat products, South Korea, Taiwan, TUIK
The total approximate earnings of Indian Railways on originating basis during 1st April to 30th November 2012 were INR 78868.17 crore compared to INR 66150.48 crore during the same period last year, registering an increase of 19.23%. The ...
Tags: Revenue Generation, Review, Indian Railways, Mineral
Within a couple of days first Fortescue Metals' Nev Power and then Rio Tinto's Sam Walsh have warned that the remarkable rebound in iron ore prices won't last. Others are not as sure. Earlier this week, Power attributed the sharp rise in ...
Tags: Iron Ore, Fortescue Metals'Nev Power, Rio Tinto's Sam Walsh, Metallurgy
The CIS export market is on the NY and Christmas break now (the Orthodox Christmas is on Jan. 7th). So, there is almost no movement here. However steel billet price lost some points and market got closer to USD 515 per tonne to USD 520 ...
Tags: Black Sea, Steel Export Market, Holiday Mood, Metallurgy
There are 7 copper projects delayed, expansion of Phase III Collahuasi, Hypogene Quebrada Blanca, Relincho, Inca de Oro, San Antonio oxides, Santo Domingo and Phase II Andina. The 4 gold projects are Barrick’s Pascua Lama and Cerro ...
Tags: Chilean Copper Mining, Metallurgy, Mineral
Bloomberg reported that the Baltic Dry Index, a measure of commodity shipping costs, rose for the first time since November, lifted by gains for the largest vessels as miners sought charters to export iron ore or coal from Australia. ...
Tags: Baltic Dry Index, iron ore, coal, Iron ore miners
Baker Hughes reported Friday that for the week ending January 4,the US rig count fell by one to 1,762,following an 11-rig drop the week prior.On a year-on-year basis,the US rig count is down 245.Rigs drilling for natural gas increased by ...
Tags: Baker Hughes, US, Canada
South Korea has diversified its sources of rare earth minerals in order to diminish reliance upon monopoly supplier China,which currently accounts for over 90%of global production. Global Times reported last month that South Korea's ...
Tags: South Korea, rare earth minerals, Japan, China
Reuters quoted Concord Energy saying that an oil storage terminal being built in the UAE port of Fujairah by Singapore based Concord Energy and a subsidiary of China's Sinopec is expected to start operations by late next year. Asia's ...
Tags: Oil Storage, Oil, Energy, oil products
Business Line quoted central transmission utility Power Grid Corporation recently said that its board has approved an investment of INR 182.80 crore for a project in Tamil Nadu. The company said in a regulatory filing said that the ...
Tags: Power, Power Grid Corporation, Power Grid, invest
Horsehead Holding Corp ZINC a holding company of Horsehead Corporation, INMETCO and Zochem Inc, declared that Horsehead Corporation signed an amendment to the Shell Chemical LP's Option & Purchase Agreement. The company said that the ...
Tags: inks, Shell Chemical, zinc, zinc products
AAP reported that Atlas Iron is on track to produce up to 7.7 million tonnes of iron ore in 2012-13. It is on track to produce up to 7.7 million tonnes of iron ore in 2012 -13 after bringing its third Pilbara iron ore mine into production. ...
Tags: iron ore, iron ore mine, iron ore miner, mines
China National Petroleum Corp announced two major overseas acquisitions in mid-December as the oil giant continued its accelerated pace of global expansion. State run CNPC said December 12 it would buy a 10.2% stake in the Browse ...
Cold-call phone scams have switched from traditional sales staples, such as unlisted shares in obscure companies, to novel new get-rich investment options such as land, wine, and lumps of rare earth metals. The Independent reports that ...
Tags: rare earth metals, rare earth, rare earth elements, UK investors