CSR has been identified as an important parameter in the MoU drawn up by all the PSUs with the Ministry. CSR activities focusing on environmental care, education, health care, cultural efflorescence, peripheral development, family welfare, ...
Fortescue deferred the Kings iron ore project in September 2012 in response to volatile market conditions but with a recent marked improvement in iron ore prices and market outlook, along with a number of measures undertaken by Fortescue ...
Tags: iron ore, iron ore project, iron ore prices, Fortescue
The Taranto prosecutor's office filed a challenge against the Italian government for its so called "ILVA decree" in the Constitutional Court on Monday, according to court sources. The prosecutor's office of the southern Italian port city ...
Tags: Taranto prosecutor, challenge, ILVA decree, italian government
By results of January to November 2012, oil and oil products made 90.53% of Azerbaijan's export. According to the State Customs Committee, in the reporting period, crude oil made 85.03% of Azerbaijan's export and oil products made 5.5%. ...
Tags: oil, oil products, Azerbaijan, export
Discovery Metals unsolicited bidder Cathay Fortune Investments has received the green signal from the Botswana competition authority. The Botswana Competition Authority earlier this month authorised the proposed acquisition on the grounds ...
Tags: Discovery Metals, copper industry, silver industry, mining industry
The Port of Rotterdam, Europe’s largest port, saw cargo throughput grow 1.7% in 2012 to a record 442 million tonnes. Mr Hans Smits president and CEO Port of Rotterdam said that “Although the growth is limited, it is another ...
Tags: Dutch, steel imports, Port of Rotterdam, container volumes
Reuter reported that Bharat Heavy Electricals were up 3% after the government imposed a 35% safeguard duty on electrical insulators imported from China, in a bid to protect domestic manufacturers from cheaper shipments. BHEL, India's ...
Tags: insulators, electrical insulators, power equipment, power
Business Line reported that Reliance Power has synchronized the second of its two 300 MW units at its Butibori thermal power project near Nagpur in Maharashtra. Power generated will be distributed to industrial and distribution utilities ...
Tags: Reliance Power, Power generated, power plant, power
Based on the US Department of Commerce's most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported Thursday that steel import permit applications for the month of December totaled ...
Tags: US Department, SIMA, AISI, finished steel, imports
According to the data released by the Export and Import Division of South Korea's Ministry of Knowledge Economy, the country's trade balance indicated a $28.6 billion surplus in 2012, which was the second consecutive year in which South ...
Tags: South Korea, trade volume, steel, 2012
In December this year, the purchasing managers’ index (PMI) of China’s steel sector rose to 55.5 percent, up 6.3 percentage points compared to the previous month, as announced by the China Steel Logistics Committee (CSLC) which ...
Tags: PMI, China, steel sector, CSLC, CFLP
The Western Australia state government said that Ms Julia Gillard’s PM of Australian, tax on iron ore and coal company profits is illegal because it limits state governments’ ability to finance development. Western Australia ...
Tags: iron ore, coal, mine tax, Minerals Resource
In 2012, manganese ore shipments from Australia's Port Hedland totaled 1.7 million metric tons, decreasing 20.7 percent compared to 2011, according to the monthly data released by the Port Hedland Port Authority. According to the released ...
Tags: Australia, Port Hedland, manganese ore, shipments, 2012
According to statistics released by Japan's Ministry of Finance, Japan's ferroalloy imports totaled 152,273 metric tons in November 2012, increasing by 12.2 percent month on month and almost stable compared to November 2011. Meanwhile, in ...
Reuters reported that a strategic pipeline for the UAE's oil exports to bypass the Strait of Hormuz could face more delay due to differences with the Chinese construction company. The pipeline will have a capacity of around 1.5 million ...
Tags: UAE New Oil Pipeline, Strait of Hormuz, Chinese construction company