The government of Algeria has decided to increase its control of local steel producer ArcelorMittal Annaba which was purchased by ArcelorMittal in 2001, according to domestic media reports. The Algerian government will pay $200 million ...
Tags: Algeria, Arcelormittal Annaba, Mineral
According to the Economic and Steel Market Outlook 2013-2014/Q1 2013 Report from the Economic Committee of the European Steel Association (EUROFER), in the first 11 months of 2012 European Union (EU) steel exports increased by 11 percent ...
Tags: Eurofer, Steel Exports, Mineral
According to the statistics provided by the Turkish Steel Pipe Manufacturers Association (CEBID), in January 2013 Turkey's total steel pipe exports amounted to 122,000 metric tons, decreasing by 1.6 percent compared to the same month of the ...
Tags: steel pipe exports, steel pipe, Steel Pipe Manufacturers
The latest freight rate indications as issued by Banchero Costa are as follows: Products: - 15,000-20,000 mt from the Black Sea approx. $15-16/mt FIO to Mediterranean ports of Turkey and Egypt approx. $16.5-17.5/mt FIO to Italy ...
The UK's BG Group no longer expects to meet a medium-term production target of more than 1 million b/d of oil equivalent by 2015, the company said Tuesday, as short-term production issues in Egypt and the UK continue to weigh on BG's ...
Reportedly, Turkish group Toscelik has announced to start its new rebar mill cold run last week in Oran, Algeria. The company has indicated cold tests for the rebar rolling installations are expected to start at the end of this week and ...
Tags: Toscelik, rebar mill cold, rebar rolling installations
A major pipeline project that will transport natural gas from Nigeria to Europe through Algeria remains on track, Nigeria's state news agency reported Friday, citing Nigerian National Petroleum Corp. The report comes amid concerns ...
Tags: pipeline project, natural gas, Nigerian National Petroleum Corp
Emirates Fibre, a subsidiary of bedding material producer Safetex Group, recently commissioned its polyester staple fibre (PSF) plant. Emirates Fibre hopes to cater to demand from the domestic market and the region. “The US$ 10 ...
Tags: Emirates Fibre, polyester staple fibre, bedding producers
On January 31, Turkish plantmaker CVS Makina told SteelOrbis that it has started cold tests in the meltshop of Turkish steelmaker Toscelik's new rebar project in the northwestern Algerian city of Oran. The investment in the project totals ...
Tags: CVS Makina, SteelOrbis, Turkish steelmaker, Toscelik
The Asian LNG spot price is expected to peak at an average of $16.90/MMBtu in 2013, with the LNG market expected to tighten further and freight rates to remain high, Goldman Sachs said in a report released late Monday. "The Japan ...
Tags: LNG spot price, LNG market, Asia
BP said Monday it was too early to estimate when it could restart gas flows from its In Amenas fields in eastern Algeria two days after Algerian forces ended a bloody hostage crisis at the desert gas plant. "Production from the plant ...
Tags: BP, gas, Algerian Gas Plant, gas industry
The NYMEX February crude contract broke out of a narrow trading band immediately ahead of the 1:15 p.m. EST (1815 GMT) cessation of trading on the NYMEX contract to end the day 9 cents lower at $95.47/b. Prior to 12:30 p.m. EST (1730 ...
Tags: crude oil, NYMEX, macroeconomic indications, US
During the panel discussion at the SteelOrbis Market Talks Meeting held in Izmir on January 16, Mehmet Zeren, general secretary of Turkey's Steel Pipe Manufacturers Association, said that Turkey ranks first in Europe and fifth in the world ...
Tags: SteelOrbis Market, Izmir, Turkey, Steel Pipe Manufacturers Association
Skoda Auto has reported a 6.8% increase in global sales to 939,200 units in 2012 compared to the 879,200 units sold in 2011. In December 2012, the company delivered about 66,200 vehicles an increase of 6.1% against the same month of the ...
Tags: Skoda Auto, global sales, 2012
With large number of participants registering from more than 105 countries,the Vibrant Gujarat will set a new benchmark with a landmark achievement of having diplomats,industrialists,academia and thinkers from so many countries converge ...
Tags: 1800 foreign delegates, Vibrant Gujarat, more than 105 countries