As a part of it’s CSR drive and with a pledge to provide the local people a healthy life, the Essar Steel at Paradeep launched another health care program on 22nd December 2012.The program entitled Healthy Smiles Program aims to ...
Tags: CSR drive, Essar Steel, health care program, Healthy Smiles Program
Mr Adam Sieminski chief of the US Energy Information Administration noted that the boost in oil extract in the last 150 years. Oil extraction will increase 760,000 barrels daily the highest increase since 1959. Oil extraction is expected ...
Tags: oil extraction, oil, energy resources, oil industry
A European unit of Dubai contractor Drake & Scull International has secured two water treatment contracts in Romania with a combined value of AED 90 million. Passavant Roediger, a wholly owned subsidiary of DSI based in Germany will ...
Global thirst for oil will be slightly stronger than expected in the last quarter of 2012 because of demand from China and despite a sharp cutback in Europe recently. The IEA forecast that the growth of demand next year is expected to be ...
Tags: IEA, oil, oil consuming, oil market
IRNA cited Mr Rostam Qasemi oil minister of Iran as saying that Iran has not withdrawn its candidacy for the post of OPEC secretary general in favor of any country. It is not true that Iran has withdrawn its candidacy for the OPEC's ...
Tags: oil, oil producers, OPEC, oil production
Essar Steel of Minnesota got some help from the Iron Range Resources & Rehabilitation Board Thursday, when the board voted to extend the deadline for payment of USD 6.7 million in a loan and interest from December 31, 2012, to October 1, ...
Tags: Essar Steel Minnesota, Iron Range Resources, Essar Steel, iron
The Indian Long Product Price Index ILPPI surged by 23 points on December 24, 2012, whereas Indian Flat Product price index IFPPI has also gone up by 2 points. The overall Indian Steel Price Index INDSPI inclined by 13 points. ...
Tags: India, Long Product Price, Flat Product price, steel price
Vestnikkavkaza cited Mr Reza Fatemi Amin deputy minister for Industry of Iran as saying that the country has reduced exports of iron ore and increased steel production. It plans to stop steel imports. The country imports about 7 million ...
Tags: iron ore, steel production, steel imports, steel
Tehran Times reported that a thermal power plant with a generation capacity of 2.8 GW was officially inaugurated in Pakdasht, a city near Tehran. The project started in 2003 and cost EUR 270 million plus IRR 5 trillion to complete. The ...
Tags: thermal power plant, electricity generation, power generation capacity
Steelhome website publishes monthly report on China Steel Market, International Steel Market, HRC/CRC, Construction Steel, Medium Plate, Stainless Steel, Iron Ore, Coke, Scrap and Ferroalloy each month. Summary: I China ...
Tags: Steelhome, China Steel Market, International Steel Market
Reuters reported that London Metal Exchange has confirmed a new rule to require warehouse companies with 30,000 tonnes or more of one metal scheduled for delivery to deliver out a minimum 500 tonnes per day of other metals stuck behind that ...
Tags: London Metal Exchange, aluminium, network, metals stuck
Economic Times reported that Steel Authority of India Limited’s ISP Burnpur commenced hot production from the sinter plant with the first batch of iron nuggets being produced on Monday. Mr N Kothari CEO o SAIL ISP said ...
Tags: Steel Authority of India Limited, hot production, steel
Billet market was upward till middle of week 51 and was IRR 15,800,000 per tonne on truck in Anzali including 5% VAT for size 150 mm. Then after declines in ex-rate, billet market became quiet with some downward prices. It finished the week ...
Tags: Iran, steel, billet market, downward prices
The United Steelworkers Local 7054 and KES Acquisition Co.(Kentucky Electric Steel)said in a press release Wednesday that they have reached agreement on a new labor contract.The new agreement was overwhelmingly ratified in a ...
Tags: United Steelworkers Local 7054, KES Acquisition Co, new labor contract
Moscow hasn't reached any agreement with Minsk on supplies of 23 million mt of Russian crude oil to Belarus in 2013, Russia's energy ministry said Friday in a statement, denying reports in the Belarus media earlier in the day. ...