According to the Turkey's Steel Exporters'Association,Turkey's total steel product exports amounted to 1.66 million metric tonnes,rising 10.6%MoM and down 5.7%compared to the same month of the previous year,with a total revenue of USD 1.26 ...
Tags: Turkey, Steel, TSEA, Middle East
China Daily reported that if the lottery system allowing people to purchase automobiles in first-tier cities was expanded to all major cities across the country, it would be a big damper for the country's steel industry. China's steel ...
Tags: lottery system, automobile, steel industry, China
Reuters cited Turkey's energy minister as saying that state power companies in Turkey and United Arab Emirates have signed an agreement to invest in a USD 12 billion project to produce electricity in Turkey's Afsin-Elbistan region. The ...
Tags: Turkey, UAE, power production, energy
Reportedly, the Brazilian steelmakers are expecting better performance in 2013 due to lower costs structures and competition against imports. The favorable measure announced by the government includes reduction of industrial energy ...
Tags: Brazilian steelmakers, performance, 2013, costs structures
The Korean largest steelmaker Posco and the biggest automaker Hyundai Hysco Co. together with five other steelmakers of the country were fined by its antitrust body for a total amount of 291.7 won billion (US$273 million) for fixing the ...
Tags: Korean, steelmaker, Posco, automaker, Hyundai Hysco Co, monopolization
Under the Corporate Social Responsibility Scheme,the Public Sector steel companies namely Steel Authority of India Limited and Rashtriya Ispat Nigam Limited are allocating funds for the CSR activities as per the guidelines prescribed by the ...
According to statistics released by the Japan Iron and Steel Federation (JISF), Japan imported 713,000 tons of steel in November, falling by 6.7% from a month ago and decreasing by 9.5% year on year. Among them, 35,700 tons were steel ...
Singapore Exchange has cleared a record high of 108.9 million tonnes for its flagship iron ore swaps in 2012.This is 2.5 times of the 43.2 million tonnes cleared in 2011. Open interest reached an all time high of 12.3 million tonnes on ...
Singapore Exchange has cleared a record high of 108.9 million tonnes for its flagship iron ore swaps in 2012.This is 2.5 times of the 43.2 million tonnes cleared in 2011. Open interest reached an all time high of 12.3 million tonnes on ...
Tags: SGX Iron Ore Swaps, Hit Record High, flagship iron ore swaps
Reuters reported that iron ore shipments to China from Australia's Port Hedland,a bellwether for Chinese industrial activity,surged 25%in December,from the previous month. Port authority data said that China imported 20.23 million tonnes ...
Tags: Port Hedland, China, iron ore, Australia
2013 had crackling opening in China with steel leaping by 1%on the first working day.Even though it was not a surprise since the tempo had been set at the beginning of Q4 with the resounding economic pouring in.Ensuing optimism on raw ...
Russia’s LUKoil has said it has cut its oil production plan in Iraq by almost a third, in line with the local government’s plans to increase the lifetime of its oilfields, reports Al Arabiya. Andrei Kuzyayev, head of LUKoil ...
Tags: Iraq, oil production plan, oil output, oil industry
SteelGuru,the leading website for steel,metal and mining industry with 150,000 page views per day and 75,000 plus registered users for its E mail based news letter Steel Trade Today,has added yet another value added service for its readers ...
Tags: SteelGuru, Jalna, Steel Trade Today, Indian, Service
Economic Times reported that the income tax department carried out a survey last week on two Mumbai based steel companies,after a tip off that these companies have not been offering their full income for taxation. An I-T source said that ...
Tags: ITD, Uttam Galva, Lloyds Steel, Economic Times, Mumbai
Business Standard reported that with the conventional energy projects unable to address the power crisis, 2012 saw the emergence of renewable energy in a big way. The state government announced a new solar policy with a target to set up ...
Tags: energy, solar policy, power shortage, energy industry