Fitch Ratings forecasts that copper consumption will grow about 4% annually through 2014, based on a soft landing in China and a slow recovery in developed nations. European copper consumption is expected to remain depressed through this ...
Tags: Copper, Fitch Ratings, copper consumption
PTI quoted Directorate General of Shipping saying that private sector shipping company Pratibha Shipping, which has a fleet of nine oil tankers, is planning to either sell or scrap 5 vessels due to financial crunch. A DGS statement said ...
Tags: Pratibha Shipping, ships, shipping company, shipyards
US based Southern Copper's Cuajone and Toquepala copper mines, and its Ilo smelter in Moquegua region are operating normally after workers ended a two day strike. The company said in a release that the company was able to maintain ...
Tags: Southern Copper, copper mines, copper, mines
On December 27th,POSCO and investing companies delivered year end charity donations of 10 billion KRW,and a 1%Sharing Donation consisting of 1%of wages of employees at the senior manager level and above to the Community Chest of Korea Of ...
Tags: POSCO, Happy Steel House, Korea
Assembly line workers are logging 12-hour days to churn out the latest handsets for Samsung Electronics at a factory in Huizhou, China. 24-year-old Wang Hong Wei knows what it's like: He and about four to six others would collectively ...
Tags: Samsung Electronics, Foxconn, Chinese factories, working hours
BOULDER, CO(BRAIN) — An article about a pair of Colorado cyclists who video recorded a driver allegedly harassing them was the most viewed story on bicycleretailer.com in 2012. One of the riders was an industry insider — ...
Tags: Colorado cyclists, Peaksware, TrainingPeaks, training software
Cambodian Confederation of Unions (CCU) is seeking a hike in wages of garment workers and has threatened to launch a mass strike if the demand is not met. Around 300 CCU members, who staged a protest at Freedom Park in Phnom Penh, ...
Tags: CCU, garment workers, mass strike, Cambodian
IDG News Service - Despite Samsung Electronics' efforts to rectify labor violations at its factories in China, little has changed for some workers. "Samsung had its investigators come to the factory. When they came, they just walked ...
Tags: Samsung Electronics, labor violations, Long Work Hours
The construction industry shed 2.2 million workers between January 2007 and last year. So now there's an overabundance of them eager for jobs, right? Wrong. Contractors are struggling with shortages of workers as the home-building market ...
Tags: construction industry, workers, shortage, construction
Furniture manufacturers in China are showing lots of problems, such as miscellaneous brand, low-end grade, unguaranteed quality, unpractical techniques, small-scale enterprises and substandard industry. Moreover, there are quite a small ...
The United Steelworkers Local 7054 and KES Acquisition Co.(Kentucky Electric Steel)said in a press release Wednesday that they have reached agreement on a new labor contract.The new agreement was overwhelmingly ratified in a ...
Tags: United Steelworkers Local 7054, KES Acquisition Co, new labor contract
BNamericas reported that workers at US based Southern Copper's Cuajone and Toquepala copper mines and its Ilo smelter will begin an indefinite strike on December 24th 2012 to demand higher wages. Mr Ricardo Juárez Union ...
Tags: Southern Copper, copper mines, indefinite strike, higher wages, Peru
The United Steelworkers Local 7054 and Kentucky Electric Steel have reached agreement on a new labor contract. The new agreement was overwhelmingly ratified in a Wednesday(12 December 2012)vote.Compensation increases took place 16 ...
The U.S. Department of Labor's Wage and Hour Division and the California Division of Labor Standards Enforcement found serious violations of federal and state labor laws by each of 10 garment contractors inspected during a sweep of a single ...
Tags: garment district, garment, garment contractors, garments producing
Statistics Centre, Abu Dhabi recently issued its monthly report on the prices of building materials for the month of November 2012. The report presents an analysis of the movements in the prices of the various materials used in the ...
Tags: Abu Dhabi, building materials, price, construction industry