Metinvest BV the parent company of the international vertically integrated steel and mining group of companies published a trading update for the nine months of 2012 ended 30 September, 2012. 9 moths 2012 FINANCIAL HIGHLIGHTS 1. ...
Tags: Metinvest BV, steel, mining, company news
My Digit reported that Essar Steel is likely to return to profits by 2013-14 banking on full capacity utilization of its 10 million tonnes per annum steel making operations at Hazira. A senior company official said that"We are focusing on ...
Tags: Essar Steel, steel making operation, Hazira
Imagine for a moment that you have a credit card with a limit of a few trillion dollars but with one caveat: you need to use those funds exclusively to provide for your family. It sounds easy, until you realize your “family” is ...
Tags: China, Canada, Metallurgy, Mineral Energy
Scientists from France's Ecole Polytechnique have developed a remarkable new technology which extracts trace amounts of gold from industrial waste water. Fairfax reports that the new technology was first developed in 2007, and involves ...
Tags: Scientists, H20, Gold
Bloomberg reported that Vale SA has named Mr Joao Mendes Faria as country manager for China Mr Mendes Faria, Vale’s director of iron-ore business development in Singapore, replaces Mr Luiz Meriz in China Mr Meriz will return to ...
Tags: Vale SA, Joao Mendes Faria, China, iron ore business
According Malaysian Perwaja Holdings'consolidated financial results for July to September quarter 2012,the group reported a higher revenue of MRY 372.0 million,an increase of 4.4%from the same quarter the previous year,mainly driven by ...
Tags: Malaysian Perwaja Holdings, financial results, loss, ETP projects
Even as the resumption of regular mining is getting delayed in Karnataka,there is some good news for the ore starved steel industry as one of the Category A mining company has got approval to put on auction some of its low grade iron ore. ...
Blown plastic film and bag manufacturer Petoskey Plastics is all set to invest$16m in a bid to expand three of its US facilities located in Hartford City,Indiana;Morristown,Tennessee;and Petoskey,Michigan. The company will direct majority ...
Tags: Blown plastic film, bag, Petoskey Plastics, investment
According to manufacturers, business activity on the German markets for DINplus and ENplus pellets has been developing with a little more élan again in the last four weeks. The reason for this is considered to be a comparatively ...
Tags: DINplus, fuel trade, German, pellets
Business Line reported that Neyveli Lignite Corporation has expanded its search area for the right pelletisation technology from Germany to Australia and Japan, as it seeks to increase the use of lignite for power production. The state ...
Tags: Neyveli Lignite Corporation, pelletisation technology, lignite
According to the data issued by Ukraine's Cabinet of Ministers, in the first 11 months of the current year, Ukraine registered an 11.5% decrease in its finished steel product output to 24,746 million tonnes 6.6% decrease in its crude steel ...
Koreajoongangdaily reported that POSCO has been selected as a preferred bidder for a KRW 1 trillion (USD 922 million) deal to acquire a 15% stake in ArcelorMittal Mines Canada Industry sources with direct knowledge of the matter said that ...
Tags: iron ore price news, steel scrap buyers, steel suppliers
According to an analysis of the industry by Frost & Sullivan, huge infrastructure spending in the Middle East is driving strong demand for steel and fuelling investment in steel projects. Crude steel production in the Middle East has ...
Tags: huge infrastructure, steel, steel projects, rude steel production
Magnetation LLC announced today that it has selected Reynolds, Indiana as the site to build its new iron ore pellet plant. The new facility will produce high-quality iron ore pellets, a critical raw material in the steelmaking process. ...
German Pellets, is conducting a phased expansion of its pellets trading business and to that end for the first time unloaded a Handysize bulk-goods freighter carrying almost 20,000 t of wood pellets from a pellet plant on the East coast of ...
Tags: Pellets, wood pellets, goods freighter