As per latest reports from Black Sea, the CIS steel export market is already turning into vacation mode and prices are rather stable. Billet price is fluctuating around SD 510 per tonne to USD 515 per tonne FOB Black Sea. Finished longs ...
Tags: CIS steel exporters, CIS steel, steel, steel export
Bangladesh Using Indian credit,Rites is to supply 10 broad and 16 metre gauge locomotives to BR in 2013. Belarus BC has awarded CZ Loko a EUR 20 million contract to supply 20 two axle shunting locomotives.The TME3 will be a 1 520 mm ...
Entering in the penultimate year before the general elections in 2014 aspirations are soaring high about an imminent policy push by the government to kindle growth and demand in economy. Even the year is expected to end on a dour note ...
Tags: penultimate year, economy, India, Steel
According to the International Renewable Energy Agency, or Irena, gulf countries could save up to USD 200 billion from now until 2030 by investing seriously in renewable. Mr Adnan Z Amin director general of Irena said that the ...
Tags: Renewable Energy Agency, Renewable Energy, oil, gas
Winter is typically characterised by scrap taking centre stage in long product pricing. Lean period of scrap collection in the havens of US and Europe is pivotal in determining the cost and price for long product. Long product price ...
Tags: steel scrap, steel, scrap collection, rebar, wire rod
The Asian Development Bank funded 56.4 MW wind power project Jhampir is expected to start generating electricity from next month as the implementing company has completed all necessary work in this regard. This is in addition to the ...
Tags: wind power project, electricity transmission system, electricity
China’s ministry of commerce said that foreign direct investment in China fell 5.4% from a year earlier in November, widening from October's drop of 0.24%. The total value of overseas investment stood at USD 8.29 billion, the sixth ...
Tags: China FDI, overseas investment, manufacturing sector, service sector
RIA Novosti reported that London listed TransContainer saw its IFRS nine month 2012 net profit grow 42.8% YoY to RUR 4.273 billion (USD 140 million). Analysts expected the rail cargo operator to post a net profit of RUR 4.38 billion in ...
Tags: TransContainer, net profit, rail cargo, container transportation
Vale said that it’s wholly owned subsidiary Vale International based in St Prex, Canton of Vaud, Switzerland has resolved its tax dispute with the Swiss federal authorities. The tax dispute was related to the federal tax holiday ...
Tags: real estate, Vale settles tax, tax dispute, tax
Modernization and upgrade of existing facilities 1.The Company continued a major modernization program of its foundries across its Russian aluminium smelters in order to increase the production of value added products.The share of VAP ...
Tags: aluminium smelters, Key Highlights, aluminium production, smelter
TEX reported that prices of hot rolled steel coils for January shipment rose further in the Asian region.The Japanese mills are predicted to raise their prices in negotiations on HR coils for February shipment as well taking an advantage of ...
Tags: HRC, hot rolled steel coils, HR coil prices, HR coil
Ailing economic growth in China is beginning to take a toll on miners and suppliers in the United States. Dwindling exports to the Middle Kingdom across a swathe of US industries would appear to strongly substantiate reports that the ...
Tags: China, Equipment News, Rare Earth, Suppliers News, USA
ArcelorMittal announces the extension of the conversion date for the USD 1 billion privately placed mandatory convertible bond issued on December 28th 2009 by one of its wholly owned Luxembourg subsidiaries. This amendment to the MCB, which ...
Tags: Conversion, Arcelor Mittal, Stock Investment, Steel
INDIA is a major player in the textile industry and, more and more, in the technical textiles. Growth opportunities are considerable if these industries meet the requirements of their domestic markets for higher quality products and stand ...
Tags: textile industry, technical textiles, India, textile market
Paramount Mining Corporation has raised AUD 283,500 to support ongoing development activities at its Gunung Rosa Project in West Java through a share placement to London based investors. The company issued 4.05 million new shares priced ...
Tags: Mining Gold, Price for Gold, Mining Jobs, Coal Mining News