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The Situation in The City of Mariupol Has Been Fully Stabilized

May 21, 2014

Ukrainian miner and steel producer Metinvest Group has announced that the situation in the city of Mariupol has been fully stabilized, with public order having been restored and government buildings liberated. The city is located in ...

Tags: miner, steel producer, Metinvest Group

NLMK Group's Net Profit Increased by 359 Percent

May 21, 2014

In its financial results according to US GAAP (Generally Accepted Accounting Principles) for the first quarter of 2014, Russian steelmaker NLMK Group's net profit increased by 359 percent compared to the first quarter of the previous year ...

Tags: steel sales, NLMK

The Launch of an 18 MW Capacity Gas-Reciprocating Power Plant Running on Methane

May 21, 2014

Russian steelmaker Severstal has announced the launch of an 18 MW capacity gas-reciprocating power plant running on methane ( a coal by-product) at an industrial site of the Severnaya mine located in Vorkuta, a structural unit of ...

Tags: steelmaker, Severstal

a Partial Mining Ban Affecting About Half of The Iron Ore Mines

May 21, 2014

India's Supreme Court has announced a partial mining ban affecting about half of the iron ore mines located in the Indian state of Odisha due to non-renewal of mining leases. The Supreme Court also said that several mines have been found to ...

Tags: Iron Ore, Iron Ore Mines

Spot Asian Coking Coal Prices Moved Sideways as Ominous Signals

May 21, 2014

Spot Asian coking coal prices moved sideways Monday as ominous signals from the Chinese steel industry, nagging concerns about lower costs and abundant supplies hurt trading sentiment. Lower domestic prices continued to be used as a key ...

Tags: coking coal, domestic prices

GDF Suez and Japanese Tohoku Electric Will Deliver 270,000 Mt/Year of LNG Over 20 Years

May 21, 2014

GDF Suez has signed a sales and purchase heads of agreement with Japanese utility Tohoku Electric Power to deliver 270,000 mt/year of LNG over a 20-year period starting in 2018 from the planned Cameron LNG plant in the US, the French ...

Tags: LNG, Tohoku Electric

Texas Chinstrap Maker Sues Under Armour for Patent Infringement

May 20, 2014

SportStar Athletics, which has supplied its molded chinstraps and chin guards to NFLers Eli Manning, Andre Johnson, Drew Brees, DeMacrus Ware, and Ben Roethlisberger among others, had filed a patent infringement suit against Under Armour ...

Tags: Chinstrap, chinstrap market

CPSC Recall: Cabela's Electronic Jerky Blaster

May 20, 2014

The outdoor retailer is recalling 600 of the hand-held devices for making jerky sticks or strips due to a faulty battery charger adapter that can overheat. The racalled item (no.IK-540848) was sold exclusively at Cabela's locations from ...

Tags: outdoor retailer, hand-held devices

Etcetera: Adidas PSNE Group, Aries Apparel, Grander Mountain, ATF/NSSF, Dick's, BSN

May 20, 2014

Adidas, in time for Back-to-School, will intiate a new serviceon its Zxflux shoes from its Originals collection where consumers will be able to print their own Instagram photos on the upper via an iPhone and Andriod app. PSNE Group ...

Tags: Aries Apparel, Adidas

Court: Teva Is Slip-On, Not Sports Footwear

May 20, 2014

Teva parent Decker Corp. has failed to get Teva branded footwear classified as sports under the Harmonized Tariff Schedule. Such a grouping would have saved the company a duty of 37.5 under Teva's current classification in 2008 in a ...

Tags: Slip-On, Sports Footwear

Action Camera Maker GoPro Files IPO

May 20, 2014

GoPro's filing suggests the company is looking to create a social media giant based on the enormous amount of content its more than 8.5 million customers have generated, and it recently entered into an agreement with Microsoft to develop a ...

Tags: Action Camera, GoPro

ManU Retail/Merchandising/Apparel/Product Licensing Sales Dip in Q3

May 19, 2014

The Premier League soccer club, currently in the ninth year of a 10-year kit deal with Nike but reported eying Adidas for its next uniform sponsor at twice the annual amount, had a 9% drop in Q3 retial/,erchandsing/apparel and product ...

Tags: Apparel, ManU Retail

City Sports Will Grow to 25 Doors This Summer

May 19, 2014

The 30-year-old sprcialty chain will expand its network of stores along the Eastern Seaboard to 25 this summer with the opening of ite frst NJ store, 8,000 sq. ft. in Westfield, and its largest store ever, 12,000 sq.ft. in Manhasset, Long ...

Tags: City Sports, sports goods

SolarAid Has Sold Its Millionth Solar Light in Africa

May 19, 2014

SolarAid has sold its millionth solar light to families living without electricity in rural Africa. The company’s social enterprise arm, SunnyMoney, brings clean, safe and affordable lighting to homes that would otherwise have to ...

Tags: Solar Light, SolarAid

Increase Automotive Business in India

May 19, 2014

German automaker Volkswagen Group is planning to expand business in India with an investment of about €100m. Under the expansion plan, the company is expected to launch its sedan and SUV in the compact segment along with a hatchback. ...

Tags: Auto Parts, Auto, Vehicle, Car, SUV