Market Views of Global Trade - Made-in-China.com

ABB Won an Order Worth Around USD 130 Million

Dec 28, 2012

ABB, the leading power and automation technology group, has won an order worth around USD 130 million from Kraftnät Åland AB to supply a new power transmission link between the Finnish mainland and Åland. The high-voltage ...

Tags: power technology, automation technology, power transmission link

Mechel's Power Segment Revenue Was USD 147.0 Million or 5% of Consolidated Net Revenue

Dec 28, 2012

Mechel’s power segment revenue from external customers in 3Q 2012 was USD 147.0 million or 5% of consolidated net revenue, a decrease of 15.8% compared with the segment’s revenue from external customers of USD 174.7 million or ...

Tags: power segment, Electric power, Electric, power

Auric Mining Corporation Signed a MoU with Vietnam

Dec 28, 2012

Auric Mining Corporation announced that it has signed a MoU with Vietnam based Anh Thang Mining Corporation to jointly mine and excavate some of the largest, active iron ore and steel mining properties in Northern Vietnam. Established in ...

Tags: Auric Mining, Mining Projects, iron ore, steel mining

Canadian Developer ADF Group's Proposal to Annex

Dec 28, 2012

Canadian developer ADF Group's proposal to annex and re-zone 100 acres north of the town in order to house a 300 employee steel mill has received preliminary approval. A final vote by the City Commission is still pending. The proposal was ...

Tags: steel plant, steel, steel mill, steel fabrication facility

Baltimore County Executive Kevin Kamenetz Officially Declared Steelmaking

Dec 28, 2012

Baltimore Business Journal reported that Baltimore County Executive Kevin Kamenetz officially declared steelmaking at Sparrows Point dead on Thursday and said the plant would be dismantled. Gov Martin O'Malley released the following ...

Tags: steel mill, steel, Steelmaking, steelmaking operation

Russian Steelmaker OAO Severstal Indirectly Owns 100% of Severstal Columbus

Dec 28, 2012

Overview 1. US steelmaker Severstal Columbus LLC's financial performance weakened in the third quarter of 2012 amid unfavorable industry conditions. 2. Consequently, we don't expect the company to generate material positive free ...

Tags: generate material, steelmaker, steel, steel markets

Highway Administration Will Allow Canadian Steel to Be Used in The Construction

Dec 28, 2012

The US Federal Highway Administration will allow Canadian steel to be used in the construction of the New International Trade Crossing. The administration granted a waiver that went into effect Thursday, allowing the span to be built ...

Tags: steel, International Trade Crossing, iron, Canadian steel

San Miguel Corp's Board Approved Planned Investments in infrastructure and mining projects

Dec 28, 2012

San Miguel Corp said that its board approved planned investments in infrastructure and mining projects. The conglomerate said in a disclosure to the stock exchange its board cleared the investment in Skyway and Arterial Road project as ...

Tags: nickel investment, nickel, mining projects, nickel mining

Global Oil Demand Will Be Sluggish Throughout 2013

Dec 28, 2012

The West's energy agency said that Global oil demand will be sluggish throughout 2013 as economic expansion remains tepid also predicting comfortable oil supply levels which could alleviate oil price pressures on consumers. The ...

Tags: oil, oil demand, oil supply, oil price

The Project Is Unprecedented by Scale for Eastern Russia's Gas Industry

Dec 28, 2012

The project is unprecedented by scale for Eastern Russia's gas industry it features extremely harsh geographic conditions and calls for advanced engineering solutions. Gas production in Yakutia will evolve as a unified complex with ...

Tags: Gas resources, gas transmission system, gas, Gazprom

OAO Severstal Announced The Signing of a Compromise and Settlement Agreement

Dec 28, 2012

OAO Severstal announced the signing of a compromise and settlement agreement amongst, inter alia, the Government of Liberia, Afferro Mining Inc and the company’s indirect subsidiary Lybica Holding BV in relation to tax claims made by ...

Tags: Afferro Mining, Severstal, tax settlement, Afferro Mining Inc

Sierra Iron Ore Corporation Successfully Staked Additional Mineral Claims

Dec 28, 2012

Sierra Iron Ore Corporation announced that it is has successfully staked additional mineral claims adjacent to the Tom Cat property in British Columbia, Canada. With the addition of the newly staked said that the Tom Cat property is now ...

Tags: Iron Ore, mineral, Tom Cat Property, Copper Mountain

Positive Initial Results From Metallurgical Test Work at Its Nimba Iron Ore Project

Dec 28, 2012

Exploration company Sable Mining Africa announced that positive initial results from metallurgical test work at its Nimba iron ore project in south east Guinea. The firm said that the results revealed the potential for Nimba to host ...

Tags: Sable Mining, metallurgical test work, iron ore project, iron ore

Indian Iron Ore Production Is Expected to Fall by 40% to 100 Million Tonnes in 2012-13

Dec 28, 2012

Business Standard reported that Indian iron ore production is expected to fall by 40% to 100 million tonnes in 2012-13 as compared with 167 million tonnes 2011-12, which had also seen sharp decline from 208 million tonnes produced in ...

Tags: iron ore production, iron ore, iron ore export, iron, ore

Unitech Corporate Parks Plc Decided to Put One of Its Largest Assets in India

Dec 28, 2012

Business Standard reported that Unitech Corporate Parks Plc, the real estate investment company listed on London’s Alternative Investment Market in which developer Unitech Ltd holds a 40% stake, has decided to put one of its largest ...

Tags: Unitech Corporate Parks, Gurgaon property, real estate, economic zone