In May this year, Mexico's car and light commercial vehicle production volume increased by 12.5 percent year on year and by 18.3 percent month on month to 287,488 units, according to the release from the Mexican Association of the ...
Tags: Auto Output, commercial vehicle
Turkey-based steel producer MMK Metalurji, a subsidiary of Russian steel giant Magnitogorsk Iron and Steel Works (MMK), has announced that hot dip galvanized steel sheet sales to the Turkish domestic market increased by 66 percent, while ...
Tags: Steel Sheet, Coated Steel
The government of Pakistan has announced some new tax measures in its federal budget 2014-15, introducing 10 percent customs duty on flat rolled silicon and alloy steel imports to bring them to a par with flat rolled products of non- alloy ...
Tags: Import Duty, Alloy Flat Steel
Ternium is considering installing a second line at its Tenigal plant to supply products for the automotive market that are currently being supplied by imports, said Máximo Vedoya, President of Ternium Mexico. He stressed that the ...
Tags: Tenigal Plant, Ternium
In May this year, Turkey's motor vehicle output totaled 101,498 units, up five percent year on year, according to the monthly statistics released by the Turkish Automotive Manufacturers' Association (OSD). In the given month, Turkey's ...
Tags: Motor Vehicle, Mineral
In the January-May period of the current year Ukraine's coal mining output increased by 1.2 percent year on year to 34.376 million mt, according to Ukraine's Ministry of Energy and Coal Industry. Meanwhile, in May alone Ukraine's coal ...
Tags: Coal Mining Output, coal mining
French pipe manufacturer Vallourec has announced some updates in its 2014 guidance, following its Brazilian customer Petrobras' decision to eliminate most of its tube inventories by the end of the year, while maintaining its drilling plans. ...
In July this year, Ukraine's crude steel production is expected to increase by 2.9 percent compared to the expected June result to 2.52 million mt, according to the Ukrainian association of metal producers Metallurgprom. According to ...
Tags: Steel Output, crude steel
In 2013, the world's direct reduction iron (DRI) output increased by two million tons or 2.8 percent year on year to a record 75.2 million tons, even though two key producing countries, India and Venezuela, saw significant declines in ...
Tags: DRI Capacity, Steel
In April this year, India's industrial production increased by 3.4 percent year on year, according to government data. Production in India's manufacturing sector decreased by 2.6 percent in April compared to the same month of the previous ...
Tags: Basic Metal, Metal Output
Australia-based miner Mineral Resources has announced that it has acquired a 12.78 percent stake in Australia's Aquila Resources Limited, buying more than 52 million shares in the company. Mineral Resources stated that it has the financial ...
Tags: Mineral Resources, miner
US-based multinational financial services corporation Morgan Stanley has reduced its iron ore price forecast for the current year, expecting a further decline in 2015 as well, since the seaborne supply growth has been faster than expected. ...
Tags: Iron Ore, Morgan Stanley
China's Taiyuan Iron & Steel (Group) Co got the China Industrial Award at a ceremony, on May 17, in Beijing, the first time for the Shanxi company to win the prize. The group have followed a the concept of "Using innovation to win", for ...
Tags: Construction, Steel, Iron, stainless steel
Warren Buffett is ready to go all in on solar and wind regardless of what happens with federal subsidies. The investor guru and chairman of Berkshire Hathaway said the company will spend $15 billion on renewable energy in the United ...
Tags: Wind Power, Metallurgy, Mineral, Energy
This 5.50-carat fancy vivid pink topped Christie's New York sale Tuesday, going for $1.7 million percarat. Click through this slideshow to see the top 10 lots from Christie's Important Jewels auction held Tuesday in New York. New ...