Azovstal Iron & Steel Works (Metinvest Group) purchased modern Excavator R974 Litronic produced by German company Liebherr to increase efficiency of loading and processing the BOF slag. Investments amounted nearly EUR 1 million. New ...
Tags: Metinvest Group, modern excavator
Shandong Nanshan Aluminium Company Limited has awarded SMS Siemag, Germany, a contract for the supply of a 1+5 hot rolling mill for aluminum alloys. Shandong Nanshan Aluminium is part of the Nanshan Group located in Longkou, China. The hot ...
The SMS group has noticed a reluctance among its customers to place orders. It is estimated that order intake in the year coming to a close will total EUR 3.2 billion, putting it below 2011's EUR 3.42 billion. Sales in 2012 are anticipated ...
Tags: international sms, sms india, iron ore price news, steel construction
Venezuelan lawmakers approved the conditions of USD 417 million of loans from Banco Bilbao Vizcaya Argentaria SA and Japan Bank for International Cooperation to finance transportation projects and a steel plant. The state news agency AVN ...
Tags: loans, steel plant, Caracas-Cua train line
Glaston Corp. announced that it has entered into exclusive negotiations for the sale of Albat+Wirsam Software GmbH. Glaston expects the transaction to be completed by the end of 2012, thus divesting its Software Solutions business area. ...
Tags: GlastonCorp, 2012, AlbatWirsam, SoftwareGmbH
A new production facility of Wilo was opened in Beijing on 11 October,the 40th anniversary of the assumption of diplomatic relations between China and Germany. The Dortmund-based group of companies is one of the leading manufacturers of ...
Tags: China, Germany, DortmundBased, newFacility, Invest in Asian Market
URB Group, Europe's biggest manufacturer and producers of bearings marked its India entry with the announcement of the launch of its first ever manufacturing factory in India. URB group, the world leaders who have 60 years of experience, ...
Tags: india railway map, URB Group, import export india, steel manufacturer
Bloomberg reported that Brazil’s third largest steelmaker by output Cia Siderurgica Nacional SA offered about USD 3 billion to buy the two ThyssenKrupp AG’s plants in the Americas. According to two people familiar with the ...
Tags: CSN, steelmaker, acquisition, Ternium SA
AFP reported that ArcelorMittal welcomed Saturday a deal over the future of one of its plants that the French government had threatened to nationalize. ArcelorMittal executive Mr Henri Blaffart said “It is positive that we ...
Tags: ArcelorMittal, steel production, investment
Reuters reported that ArcelorMittal vowed on Friday to kick start a EUR 180 million, five year investment program at its Florange site in eastern France in the first quarter of 2013, seeking to allay union concerns over job cuts. ...
Tags: ArcelorMittal, steelmaking, blast furnaces
Gloves Made Of Synthetic Material And Leather Workers need protection while performing their job so that they concentrate more on the job in hand.And the most exposed limbs of laborers are their hands during work.Artificial materials are ...
Zanaga Iron Ore Company Limited announces, further to the authority granted to the Company by shareholders at the AGM held on 26th July 2012 to buyback shares, that on 3rd December 2012, the Company purchased 56,011 shares of no par value ...
Tags: Zanaga Iron Ore Company Limited, AGM, shares
Slovenian retailer Mercator has warned of rising raw materials costs and "profound recession" in many of its key markets after swinging to a net loss in the first half of 2012. For the six months to the end of June, Mercator reported net ...
Tags: Mercator, raw materials, key market, food market, net loss
Slovenian food retailer Mercator revealed yesterday (13 November) that it generated a loss in the first nine months of the year despite flat sales. Mercator booked a loss of EUR22m (US$27.96m) in the first nine months, down from a net ...
Tags: Mercator, flat sales, loss, company news
Vallourec announced the completion of Value 12, a capital increase reserved for employees worldwide. Close to 14,000 employees, in nine countries1, representing 65% of eligible personnel, subscribed to Vallourec’s fifth international ...