The West Australian cited Mr Richard Mehan MD of Grange as saying that the combination of market speculation over a future acquisition and the recent iron ore price rally has provided Grange Resources with an overdue market revaluation. ...
Tags: Metallurgy, Mineral, iron ore, market conditions
It’s reported that SeAH Steel has become the largest producer of large-diameter steel pipes in Korea. Besides, the company has set up a new division in order to increase its export volumes of large-diameter steel pipes. In May, ...
Tags: Steel Pipe, SeAH Steel, large diameter steel pipes, Steel
Cat was finally out of the bag on the 3rd day in New Year. Even though not coming as a surprise the muddled pattern gave indication of inherent diffidence. As reported earlier by us on January 1st, it is learnt that HRC price is hike by ...
Tags: HRC price, India, steel mills, steel price
PTI reported that Hyundai Motor India Ltd 2.48 % fall in total sales at 47,833 units in December 2012. HMIL in a statement said that the company had sold 49,050 units in the corresponding month previous year. In the domestic market, the ...
Tags: Hyundai Motor India, total sales, December, 2012, cars
The Port of Rotterdam, Europe’s largest port, saw cargo throughput grow 1.7% in 2012 to a record 442 million tonnes. Mr Hans Smits president and CEO Port of Rotterdam said that “Although the growth is limited, it is another ...
Tags: Dutch, steel imports, Port of Rotterdam, container volumes
Columbus, Ohio-based manufacturing and distribution company Worthington Industries, Inc. reported Thursday net sales of $622.6 million and net earnings of $31.8 million for its fiscal 2013 Q2 ended November 30, 2012. In Q2 2012 of the prior ...
Tags: Columbus, Worthington Industries, fiscal 2013, Q2
Business Standard reported that after deciding to claim damages from the Haldia Bulk Terminals, the Kolkata Port Trust is now planning to impose royalty on cargo service providers at the Haldia Dock Complex. A senior official said that ...
Tags: cargo handlers, tariffs, HBT operated berths, handling agents
A new forecast by market researchers at ElectroniCast Consultantssuggests that the market for devices used in commercial free-space optical (FSO) communications systems will near-double by 2018. However, such is the niche appeal of the ...
Tags: ElectroniCast Consultants, free space optical communications
SteelOrbis talked with Israeli scrap supplier Arbel Steel's managing director Izak Istrik about the Israeli scrap and steel markets at the recent SteelOrbis Spring'12 Conference and 66th IREPAS Meeting held in London. Can you give us an ...
Tags: steel demand, Israel, domestic scrap, market
ET reported that with the commencement of Mahan smelter and Utkal alumina refinery in nearly three months' time, worse days for Hindalco seem to be over. The management of the company expects the Mahan smelter to start production by ...
Tags: Mahan smelter, Utkal alumina refinery, captive coal, coal industry
Gulf News reported that DP World expansion work at the Jebel Ali port is on track, as the Dubai based company looks to ramp up the capacity at its flagship facility to meet growing demand. DP World in an emailed statement said that the ...
Tags: DP World, Jebel Ali port, Dubai, flagship facility
Dubai's transport authority said that one of its biggest road construction projects will be officially completed next month. The Roads and Transport Authority said that all intersections of Al Khail Road will be opened on January 4th. ...
Tags: Dubai, transport authority, road construction projects, January
In the week ended December 28, diverse price movements were observed in the London Metal Exchange (LME) billet market after three consecutive weeks of decline. The following prices were recorded in LME billet contract trading as of the end ...
Tags: diverse price, LME, billet market, December
In the Drop-Hammer Plant of “Zaporizhstal” I&SIW, a scale project on modernizing and revamping of the production facilities, re-equipment of its Technology Park and main equipment had been completed. Investments into the project ...
Tags: modernizing, revamping, production facilities, investments
Reuters reported that the new trading arm of state run Saudi Aramco has finalized a January to June 2013 term contract to sell jet fuel with at least one buyer. Traders said that Saudi Aramco Products Trading Company has agreed to sell ...
Tags: Saudi Aramco, jet fuel, fuel price, Middle East