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Nissan Motor India Plans to Hike Vehicle Prices of All Its Models
Dec 21, 2012Nissan Motor India, a subsidiary of auto maker Nissan Motor Co, plans to hike vehicle prices of all its models, effective January 1st 2013. It in a statement said that the price increase is being contemplated to offset the rising input ...
Tags: Nissan Motor, auto maker, vehicle prices, vehicle
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Arrium Is Considering Expansions That Could Grow a Key Minerals Processing Business
Dec 21, 2012The Australian reported that Arrium is considering expansions that could grow a key minerals processing business by more than 20% over the next 5 years through plants in Canada, Brazil and Peru. Mr Andrew Roberts consumables boss of ...
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Nunavut Iron Ore Will Increase Its Interest in Baffinland Iron Mines Corporation
Dec 21, 2012ArcelorMittal and Nunavut Iron Ore Inc, a subsidiary of Iron Ore Holdings, LP and a company in The Energy and Minerals Group, have agreed that Nunavut Iron Ore will increase its interest in Baffinland Iron Mines Corporation from 30% to 50%. ...
Tags: Iron Ore Holdings, Energy, Minerals, Iron Mines
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"Standard Practice for Determining Load Resistance of Glass in Buildings" Has Been Updated
Dec 21, 2012The American Society for Testing and Materials (ASTM) E1300, "Standard Practice for Determining Load Resistance of Glass in Buildings," has been updated from its 2009 version, according to the Schaumburg, Ill.-based American Architectural ...
Tags: ASTM E1300, glass in buildings, standard, USA
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AP Reported That a Union Official Representing Steelworkers
Dec 21, 2012AP reported that a union official representing steelworkers at the shuttered Sparrows Point steel mill reacted angrily to reports key mill equipment has been sold. Mr Joe Rosel, president of a United Steelworkers local in Sparrows Point, ...
Tags: steelworkers, steel, cold mill equipment
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an out of State Steelmaker Has Bought The Most Valuable Piece of The Sparrows Point
Dec 21, 2012The Baltimore Sun reported that an out of state steelmaker has bought the most valuable piece of the Sparrows Point plant to use as spare parts, a move that could kill the last hopes that the steel mill might be purchased by an operator and ...
Tags: steel mill, Metal Market, cold mill, thickness steel
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5 Companies Have Been Granted Prospecting Licenses for Iron Ore in Chhattisgarh
Dec 21, 2012The state assembly said that as many as 5 companies have been granted prospecting licenses for iron ore in Chhattisgarh during 2011-12 and 2012-13 fiscal years. In a written reply to Congress member Mr Mohammed Akbar, CM Mr Raman Singh ...
Tags: iron ore, prospecting licenses, iron, ore, iron ore mining rights
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The Cost of Iron Ore Shipped to China Exceeded The Average Price of Locally Mined Supplies
Dec 21, 2012Bloomberg reported that the cost of iron ore shipped to China exceeded the average price of locally mined supplies for the first time in 5 months, ending a price arbitrage that helped push November imports to the second biggest on record. ...
Tags: iron ore, steel making, steel, coal
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THE Coega Development Corporation Started Recruiting for The First 143 Posts
Dec 21, 2012THE Coega Development Corporation said that it had started recruiting for the first 143 posts out of a possible 800 being created at Agni Steels South Africa’s smelting plant in the Coega industrial development zone. The wholly ...
Tags: Agni Steel, smelting plant, steel mill, steel
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One Look at Ipininder Singh,Convergys,and You Know Little Fazes The Man
Dec 21, 2012One look at Ipininder Singh, director-technology, Convergys, and you know little fazes the man. His lithe frame and steely gaze leave little doubt. But then, maybe all he needed was for the right project to come along, a project his own ...
Tags: Convergys, lithe frame, steely gaze, fleet management
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CTEC Pty Ltd Has Received a Notice of Award for a USD 105 Million Contract
Dec 21, 2012Forge Group Ltd advise that its wholly owned subsidiary, CTEC Pty Ltd has received a Notice of Award for a USD 105 million contract from WorleyParsons for the development of BHP Billiton’s Yarnima Power Station, three kilometres ...
Tags: power station, Forge Group, Engineering Procurement, Construction project
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Stressed Cash Flow Plans to Go Slow on Its Vessel Acquisition Plan
Dec 21, 2012Business Line reported that stressed cash flow has forced Shipping Corporation of India to go slow on its vessel acquisition plan. Mr S Hajara CMD of SCI said that SCI was not aggressively perusing its proposed new acquisitions. The asset ...
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Power Finance Corporation Ltd Has Disbursed INR 7,400 Crore of Transitional Loan
Dec 21, 2012Business Line reported that Power Finance Corporation Ltd has disbursed INR 7,400 crore of transitional loan to 5 financially ailing State Electricity Distribution Utilities. They include Punjab, Haryana, Uttar Pradesh, Rajasthan and ...
Tags: PFC, Power Finance Corporation, Electricity Distribution, Electricity
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OPEC Declined 90,000 Barrels Per Day to 31.08 Million Barrels Per Day in November
Dec 21, 2012Trade Arabia reported that crude oil output from the Organization of Petroleum Exporting Countries declined 90,000 barrels per day to 31.08 million barrels per day in November. This follows October production of 31.17 million barrels per ...
Tags: crude oil output, crude oil, oil export, oil
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Saudi Arabia Arrived in Vienna to Take Part in The 162nd Ordinary Meeting of The OPEC
Dec 21, 2012IRNA reported that Mr Rostam Qassemi oil minister of Saudi Arabia arrived in Vienna to take part in the 162nd ordinary meeting of the OPEC oil ministers due to be held on 12th 2012. It is the second meeting of the OPEC oil ministers in ...
Tags: OPEC meeting, oil, crude oil output, crude oil
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