Chinese steelmaker Hebei Iron and Steel Group is said to be considering increasing its 10 percent shareholding in Swiss-based Duferco International Trade Holding, the world's biggest steel trader, as SteelOrbis has heard. The exact amount ...
In the wake of deadly gas pipeline explosions that rocked Kaohsiung in the last week of July, the Taiwanese Government is mulling a proposal to set up a special zone for petrochemical companies in Greater Kaohsiung. Premier Jiang Yi-huah ...
New Zealand businessman Graeme Hart is considering $5bn sale of drink cartons manufacturer SIG Combibloc Group, people known with the matter said. Goldman Sachs Group has been hired by Hart's packaging conglomerate, Reynolds Group ...
Tags: Hart Mulls, Drink Cartons
Ternium is considering installing a second line at its Tenigal plant to supply products for the automotive market that are currently being supplied by imports, said Máximo Vedoya, President of Ternium Mexico. He stressed that the ...
Tags: Tenigal Plant, Ternium
Canadian dairy producer Saputo is considering possible acquisitions in Australia, the US, Canada and Latin America. Saputo chief executive officer Lino Saputo Jr was quoted by Reuters as saying that the company's potential acquisitions in ...
Tags: Agriculture, Food, dairy
The Indian government is considering urging Indian state-owned miner National Mineral Development Corporation (NMDC) to halt exports in response to demand from local steel mills facing a shortage of raw materials, a senior government ...
Tags: Iron Ore, iron ore miner
Aeropostale, Inc., a mall-based specialty retailer of casual apparel for young women and men, provided an update on its strategic initiatives and announced a comprehensive cost reduction program as part of the Company's on-going turnaround ...
Tags: Aeropostale, casual apparel
Brazil-based car parts manufacturer Torcomp is planning to start construction of a new parts manufacturing facility in Pennsylvania, US by the end of 2014. The new factory will be located in the Cumberland Valley Business Park, near ...
According to local reports, US Steel won't sell any of its unused port lands in Hamilton, Ontario to potential competitors, but it will consider proposals from the city. The 3.28-square-kilometer property became available in late 2013 ...
Tags: Metallurgy, Mineral, Energy, steel
The Pakistani Government is actively considering imposing duty on yarn import from India, however, the final decision would be taken after consulting with all the stakeholders and keeping in view the national interests, said Minister of ...
Tags: Yarn Imports, Pak Govt
Australia's Port Hedland is considering plans to increase its port capacity which could translate into an increase in the port's iron ore exports to 500 million mt per year through new terminals at Finucane Island and Lumsden Point, ...
Tags: iron ore, Metallurgy, Mineral, Energy
Argentine Presidential Chief of Staff Jorge Capitanich said Monday that a proposed reduction in state energy subsidies will help increase investment in the sector, making it possible to boost gas production and scale back imports. "What ...
Tags: Energy Subsidy, Gas Imports
The Obama administration is nearing a decision on allowing seismic testing off the Atlantic Coast, a critical step in opening waters off Virginia, the Carolinas and elsewhere to oil drilling. A study of what the controversial seismic ...
Tags: Oil Drilling, Metallurgy, Mineral, Energy
Tang Eng, one of the major stainless steel producers in Taiwan mulls to cut is stainless steel production further in 2014 since the supply continues exceeding demand. In November, Tang Eng’s crude stainless steel output at its ...
Tags: Stainless products, steel, Construction
Global drinks giant Diageo has confirmed it is considering selling most of the Whyte & Mackay (W&M) whisky distilleries it gained by taking over India’s United Spirits. Diageo is offering a deal to offset competition concerns about ...
Tags: Diageo, mull, sale, Whyte&Mackay distillery