Steel reinforcement bar futures climbed for a second day on expectations that government policies will spur urban development,boosting demand for the material used in housing and infrastructure. Rebar for delivery in May rose 0.1 percent ...
Tags: steel, rebar, investment, delivery
With the ending of the global alliance with CNH Global NV Kobelco Construction Machinery Co Ltd from January 2013 will be able to grow its business on its own and sell the KOBELCO brand hydraulic excavators in . These machines are well ...
Further to its announcement on October 4,2012,Russia-based steelmaking and mining giant Evraz has announced that it has received pre-transfer merger clearance from the Russian Federal Antimonopoly Service(FAS)in connection with the ...
Tags: steelmaking, mining, acquisition, coal
Russia's OAO Severstal one of the world's leading vertically integrated steel and steel related mining companies,announced on Dec 18 that the company had completed the transaction and now it holds a 100%interest in the Putu Iron Ore project ...
Tags: Seversta, Energy, related mining companies
PTI reported that Rashtriya Ispat Nigam,NMDC and MOIL,under the Steel Ministry,are looking to acquire iron ore assets in Brazil,the world's second largest exporter of the steel making raw material. A source said that NMDC had already ...
Tags: Acquire Iron, Brazil, Energy
Japan's domestic market prices of locally available ferrous scrap averaged JPY 24,479 per tonne delivered at steelworks for No2 HMS in the main trading areas of Kanto, Chubu and Kansai in the third week of December, up JPY 386 from a week ...
Tags: Japan, Main Trading Areas, Metallurgy
According to statistics released by Eurofer, the EU-27 countries exported 2.435 million tons of steel products in October, rising by 6.6% year on year and increasing by 2.01% from a month ago.. Among them, 1.377 million tons were steel ...
Tags: Steel Product, export, EU, steel products
Japan's largest electric steelmaker Tokyo Steel Mfg Co has increased what the company pays for locally available ferrous scrap by a uniform JPY 1,000 per tonne for the whole grades at all the company's facilities,effective with December 19 ...
Tags: Tokyo, Metallurgy, electric steelmaker
Reuters reported that government of Guinea on Friday cleared a project by state owned China Power Investment Corp to invest nearly$6 billion in an alumina refinery in Boffa,some 120 km(75 miles)west of the capital. The project for the ...
Tags: power, China, investment, environment
T.H. Chen, president of China Steel Structure Co. expected the output value of Taiwanese steel structure industry would remain flat at about NT$40 billion in this year due to lower demand from Taiwanese panel plant and popular construction ...
Tags: China Steel Structure, steel, steel market, steel industry
Trina Solar, a China-based manufacturer of solar products, announced its financial results for the first quarter of 2012. According to Trina Solar, net revenues in the first quarter of 2012 were US$349.9 million, a decrease of 19.7% ...
Tags: Trina Solar, 1Q12, financial results, solar module shipments
Reuters reported that Borusan Mannesmann, Turkey’s leading steel pipe manufacturer, will invest USD 150 million in building a production facility in the United States. The company in a statement with the Istanbul Stock Exchange ...
Tags: steel pipe, Turkey, United States, steel market
Christmas and New Year round the corner market has already sunk in holiday mood with activities remaining subdued. However in some corners activity is inevitable. Scrap levels have firmed up on winter shortage and Turkish buying. It is ...
Tags: corner market, corners activity, winter shortage, Tuekry
Lin Her-lon, chairman of Taiwan-based solar wafer maker Green Energy Technology (GET), has said that orders have been strong and capacity is fully booked. Lin added that the firm has been planning to rent solar wafer manufacturing ...
Reuter reported that Saudi Aramco has extended the deadline to bid for the development of the Midyan gas field by three weeks to January. Bidding is now due to close by January 21st after companies asked again for an extension of the ...
Tags: Saudi Aramco, Midyan gas field, gas industry, pipeline