Sweden based special steel producer Ovako has announced that it will reduce its workforce by some 200 positions in order to improve efficiency and reduce costs. Notices of redundancy were issued to 134 employees at Hofors, Sweden. Another ...
Tags: Sweden based special steel, improve efficiency, reduce costs
Analysts at Credit Suisse Group cut the recommendation on preferred shares of Brazilian steelmaker Usinas Siderúrgicas de Minas Gerais SA to "underperform" from "neutral," saying recent gains in the price of the stock are probably ...
Steel reinforcement bar advanced to the highest level in almost five months after the ruling Chinese Communist Party signaled it will boost urbanization to underpin economic growth in the world's largest user. Rebar for delivery in May ...
Tags: Steel, reinforcement bar, highest level, urbanization, rose
White Cliff Minerals and its JV partner T2Gold have identified several new zones of copper mineralization at their Chanach copper and gold project in Kyrgyz Republic. Channel sampling identified copper zones including 8 meters at 1.72% ...
Tags: White Cliff Minerals, Copper Mineralization Zone, Chanach Project
Textile machinery orders for the third quarter of 2012 grew 8% compared to the previous quarter, for an absolute value of 108.2 points (2005=100). Therese figures have been elaborated by ACIMIT, the Association of Italian Textile Machinery ...
Tags: textile machinery
The Chinese steel giant Taigang announced to remain its list prices for most carbon steel flat products including hot rolled steel and medium heavy plates unchanged for next January. However, the company cut the list prices for certain ...
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China Steel Corp. (CSC) is going to release its list prices for electric furnace (EF) Al-killed wire rod prices for next January. Industry sources predicted that the firm would remain the prices unchanged at NT$21,200/ton since the ...
Tags: China Steel Corp, electric furnace, Al-killed wire rod, steel market
Blackham Resources Limited has secured further funding for its 100% owned Matilda Gold Project which currently yields 1.4 million ounces of gold resources in a major Western Australia goldfield. It has agreed to issue 2,500,000 ordinary ...
Mining companies and investors including some heavyweight industrial combines in China are pouring into the region in a quest for iron ore, driving a railway building and mining boom whose worth JPMorgan Chase & Co recently estimated at USD ...
Tags: Mining, iron ore, railway, steel production
Press Trust of India reported thaa senior manager of a steel firm has been assaulted at his residence here allegedly by a Trinamool Congress trade union leader and his supporters. Mr Arun Kumar Thatoi, General Manager of Jai Balaji ...
Tags: steel firm, TMC Union, senior manager, allegedly assaulted
Our smart energy roundtable participants discuss evolutions that include the move to the cloud,communications standards,security(always a hot topic)and new technologies to watch. According to IMS Research,over 25 million smart ...
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Visit www.coalguru.com to keep yourself updated with latest news and happenings in coal sector globally BUMI price up after Bakrie separation announced Coalspur and CN agree on key supply chain terms logistics costs CONSOL Energy Fola ...
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Ruukki's armour steel Ramor attracts industries looking for exceptional materials that provide extreme protection and safe performance.Erlandssons,which makes shooting ranges,is a typical example.But,as managing director Peter Norman points ...
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StockMarketWire.com reported that Moody's Investors Service has changed the outlook on the Caa1 corporate family and senior unsecured ratings of Mirabela Nickel to stable from negative. Moody's said that the change reflects Mirabela's ...
Tags: Investors Service, changed the outlook, corporate family, Mirabela Nickel
PPI reported that after holding Pakistan Petroleum Exploration Promotion Conference 2012 in Houston, USA Dr Asim Hussain advisor to the Prime Minister on Petroleum and Natural Resources inaugurated PEPC Road Show in London UK. Dr Asim ...
Tags: Pakistan Petroleum Exploration Promotion Conference, Petroleum