Kumba final results for the year ended 31 December 2011.Record safety,exports,earnings and dividends. Commenting on the results,Kumba Iron Ore("Kumba")CEO Chris Griffith said:"Driven by export volume growth and a 26%increase in iron ...
Tags: Kumba final results, operating, saftey, marketoutlook
Mr.Dmitry Nikolaenko,sales director and member of the executive committee of Metinvest,shared his thoughts with SteelOrbis about Metinvest's acquisition of Zaporizhstal,about Metinvest's services and on the Turkish flat steel market in ...
Tags: Metinvest, Zaporizhstal, flat steel
The American Institute of Architects (AIA) today issued the following statement in reaction to the House and Senate votes approving the “Fiscal Cliff” deal negotiated by Congressional leaders earlier this week. The statement ...
Tags: AIA, American Institute of Architects, Fiscal Cliff, statement
IFC, a member of the World Bank Group, is providing a $70m loan to help renovate a cement factory in Iraq, part of an effort to support the local building sector and aid in the country s reconstruction. The financing will allow Kerbala ...
Tags: IFC, cement factory, Iraq, reconstruction
The construction sector is once again providing work for the regional metal working and steel fabrication industry, thanks to mega projects worth billions of dollars that were announced recently in the UAE. And, an upcoming trade show, ...
Tags: Sharjah Steel Fabrication, construction sector, metal working
According to the country's Ministry of Economic Affairs,Taiwan's industrial production index in November this year climbed by 5.85 percent as compared to November 2011,after rising by a revised 4.8 percent year on year in October,and was ...
In the construction sector,seasonally adjusted production fell by 1.6%in the euro area(EA17),while it rose by 1.6%in the EU27 in October 2012,compared with the previous month,according to first estimates released by Eurostat,the statistical ...
Tags: macroeconomic indicators, Euro area, production in construction
Saudi Cement Company has announced that it has recommenced production at three of its older kilns at its plant in Hofuf in a bid to boost capacity in the country. The company, which is based in Dammam, said that kilns 1, 2 and 3 at the ...
Tags: Saudi Cement, Three Kilns, Hofuf, Construction
A report on the manufacturing sector in the UAE published by Truth Economic Consultancy said that the number of industrial units reached 4,960 units at the end of 2010 compared to 3,036 factories in 2004. The increase in factories by 1,924 ...
Tags: manufacturing sector, UAE, increase, factories
Bluescope Steel Malaysia, foresees the steel industry in 2013 to be buoyed by domestic demand in 2013, with the construction sector expected to grow by 11.2 per cent as announced in the recent budget. BlueScope Steel Malaysia comprising ...
Tags: Bluescope Steel, steel industry, domestic demand, 2013
Flat glass manufacturer PT Asahimas Flat Glass (AMFG) says that it expects to reach its net sales target of Rp 2.78 trillion (US$288.38 million) for 2012 on higher demand from local construction firms and automobile makers. The target is ...
Tags: Flat glass manufacturer, Flat glass, construction firms, Glass
Emirates Steel announced that the increase in its steel production volume by 33% through to the end of Q3, 2012. Owned by Senaat GHC, the Company has increased its dispatch of prime quality finished goods by 10% compared with the levels ...
Tags: Steel, Emirates Steel, rebar production, wire rod, Steel production, iron
It is learned that Chinese biggest steelmaker Baosteel will increase its steel price for January 2013 because the company thinks there are recovery on steel demand and stable local economy. The company will raise US$12.8/ton for hot ...
Tags: Baosteel, steelmaker, steel, hot rolled coils
During their development, adhesives have gained a strong position in more and more production processes. There is hardly any product in our surroundings that does not contain at least one adhesive - be it the label on a beverage bottle, the ...
Tags: adhesives, emerging countries, report, vinyls
The coatings industry in Europe has been bracing itself for an extremely difficult 2012 in which much of the region will be suffering from the effects of a severe economic downturn mainly due to the impact of the troubles with the euro on ...
Tags: coatings industry, Europe, OECD, severe economic downturn