The UK government Friday gave its consent to Norway's Statoil to go ahead with the $7 billion Mariner oil field development which is set to be the UK's biggest new North Sea project in more than a decade. Statoil took the final ...
According to statistics released by the Stainless Steel Council of China Special Steel Enterprise Association (CSSC), China’s crude stainless steel production totaled 16.087 million tons in 2012, rising by 14.17% year on year. ...
Tags: crude stainless steel production, crude stainless steel, steel
In December 2012, Japan's seasonally adjusted industrial production increased 2.4 percent from the previous month, while the original index indicated a decrease of 7.9 percent compared to the same month last year. The country's seasonally ...
The Kingdom of Saudi Arabia has a huge petrochemical industry, but it has not translated into growth of downstream textile industry in the country. By 2015, the overall output of Saudi petrochemical industry is likely to cross 80 ...
Tags: Saudi Arabia, petrochemical industry, textile industry
The Australian sharemarket rose to a fresh four-and-a-half year high today as positive domestic earnings reports and further signs of improvement in the global economy encouraged investors to continue moving money from cash and bonds to ...
Tags: Australian sharemarket, earnings, equities
In January this year, the crude steel production of ArcelorMittal Kryvyi Rih, Ukrainian subsidiary of global steel giant ArcelorMittal, totaled 536,500 mt, down 3.35 percent year on year. In addition, in the given month ArcelorMittal ...
Australian steelmaker BlueScope Steel has posted a net loss of AU$12 million in the first six months ended December 31 of the financial year 2012-13, down from a net loss of AU$530 million in the first half of the previous financial year ...
Tags: steelmaker, crude steel, steel
Liaoning Province-based Chinese steelmaker Angang Steel Group (Ansteel) has announced that in January this year it produced 1.29 million mt of crude steel, up 16.5 percent year on year. Meanwhile, Ansteel’s outputs of pig iron and ...
Tags: Ansteel, crude steel, steelmaker
Shandong Province-based Shandong Iron and Steel Group has announced that in 2012 it achieved an operating revenue of RMB 112.3 billion ($18 billion). In 2012, Shandong Steel Group produced 23.3693 million mt of pig iron,23.0061 million mt ...
Tags: Shandong Steel, Steel Group, crude steel
According to the State Statistics Committee of Kazakhstan, in January of the current year Kazakhstan produced 205,159 mt of crude steel, down 37.9 percent year on year. Production of flat steel in Kazakhstan in January this year decreased ...
Tags: flat steel, Kazakhstan, steel
Ilyich Iron and Steel Works of Mariupol, a subsidiary of Ukraine's largest vertically-integrated mining and steel group Metinvest, has stated that it has stopped its HDG line No. 1 due to repair works and unfavourable market conditions. The ...
Tags: Ilyich Iron, Steel Works of Mariupol, mining, steel
Swedish specialty steel producer SSAB has posted its financial results for the fourth quarter and the full year 2012. In the fourth quarter of 2012, the company reported a net loss of SEK 227 million ($35.4 million), including a positive ...
Tags: SSAB, financial results, 2012
A senior Turkish government official has told the Hürriyet Daily News that the Turkish government will continue to encourage Turkish energy companies to sign more agreements with the Kurdistan Regional Government, despite what it ...
Tags: oil, gas, Investment
Colfax Fluid Handling, a business of Colfax Corporation (NYSE: CFX), has received an order to deliver 21 of its Allweiler screw pumps valued at more than €300,000 for a power plant in Saudi Arabia. The pumps will be an important part ...
Tags: Colfax Fluid Handling, Pumps, Saudi Arabia Power Plant
Adria-Wien Pipeline GmbH (AWP) has upgraded custody-transfer measurement on the Adria-Wien pipeline in Austria by replacing existing turbine flowmeters with Micro Motion® ELITE® High Capacity Coriolis flowmeters from Emerson Process ...