Business Standard reported that with MoU of almost all steel companies pending for renewal and running units battling raw material crunch, the Odisha government has decided that it would not give any commitment on raw material supplies in ...
Tags: steel company, Odisha government, raw material, Metallurgy
Oy Lival Ab has submitted a statement of claims in the proceedings related to squeeze out of minority shares of Nordic Aluminium Oyj on November 12th 2012 pursuant to Chapter 18 of the Companies Act. According to Section 6 of Chapter 18 ...
Tags: Nordic Aluminium, Oy Lival Ab, Metallurgy
Bechtel Canada will conduct a feasibility study for a sixth line and power plant Aluminum Bahrain's plant which supplies about half of the Middle East's aluminum requirement. Alba's sixth potline is expected to produce an additional ...
Tags: Bechtel Canada, Middle East's aluminum requirement, Alba's sixth potline
Elsamex SA, Spain, a wholly owned subsidiary of IL&FS Transportation Networks Ltd in a 50:50 consortium with ASCON Road Construction LLC, UAE had participated in the bid tendered by the Department of Transport, Abu Dhabi, UAE for the ...
Tags: IL&FS, Transportation Networks, Abu Dhabi
If analyst are to be believed 2013 certainly augurs well for the coking coal market. Increased steel production projections by 3% touching 1.6 billion tones will catalyze turn around towards the Q2 as the initial days will continue in the ...
Tags: Coking Coal Market, steel production projections, Chinese economy
Reuters reported that Russian freight operator Globaltrans Investment has won the right to buy MMK-Trans a subsidiary of Magnitogorsk Iron & Steel Works. The Kommersant daily citing several sources reported that MMK owns a 50% in ...
Tags: freight operator Globaltrans Investment, MMK Trans, Russia
Deutsche Welle writes reported that German steel casting giant ThyssenKrupp is suspected of a major bribery in Kazakhstan, as well as in Uzbekistan and China. Prosecutors of Essen, where the company’s head office is located, have ...
Tags: Thyssenkrupp, Bribery, Kazakhstan, Metallurgy
Mr Gurbanguly Berdimuhammadov president of Turkmenistan said that the country has all the prerequisites to increase the volume of gas production and exports in the coming years. Mr Berdimuhammadov said that "The presence of the richest ...
Tags: Turkmenistan, Volume of Gas Pro, Metallurgy, Gas
Trade Arabia reported that UAE based Dana Gas has reached a lock-up and standstill agreement with bondholders to restructure USD 920 million Islamic bond by reducing the debt to USD 850 million via USD 70 million cash. Dana said that the ...
Tags: UAE, Dana Gas, Metallurgy, Gas
Business Line reported that delay in allotment of coal and iron ore mines, increasing imports of iron ore by India and the failure of domestic steel makers to reach production targets so far this year. Affected by different regulatory ...
Tags: Iron Ore, Steel Output, India
Stadler Rail has been awarded a contract to supply 20 two car Flirt electric multiple-units to Lódzka Kolej Aglomeracyjna, a voivodship-owned company which is to take over the operation of services around the city of Lódz next ...
Tags: Stadler Rail, EU sources, EMU
Business Line reported that the government of Odisha has asked the state’s iron ore merchant miners to supply half of their mined lumps and fine to local standalone units. Early, it had directed merchant miners to allocate 50% of the ...
Tags: Directs Miners, Iron Ore, Mineral, government of Odisha
Business Recorder reported that Pakistan’s first private sector integrated environment friendly steel manufacturing project with Direct Reduction Iron technology will start production in January next year. Mr Zaigham Adil Rizvi ...
Tags: Tuwairqi Steel Mills, Direct Reduction Iron technology, Metallurgy
The United Steelworkers lauded the appointment of Ms Nancy Lessin a longtime activist on behalf of worker health and safety, to a seat on the 12 member federal Whistleblower Protection Advisory Committee. Ms Lessin was appointed by US ...
Euro area1 annual inflation was 2.2% in November 2012, down from 2.5% in October2. A year earlier the rate was 3.0%. Monthly inflation was -0.2% in November 2012. EU3 annual inflation was 2.4% in November 2012, down from 2.6% in October. ...
Tags: Euro area, annual inflation, EU Member States, Metallurgy