Report comes from Thailand that joint ventured by Baosteel Co.,Ltd. and Zhejiang Jianli Co., Baoli Steelpipe Co.'s 273 mm seamless steel pipe unit, with the efforts of all the project staff in nearly 10 months, achieves perforation, tube ...
Tags: Baosteel, Baoli Steelpipe, Jianli, seamless steel pipe unit
Japan based Yokohama Rubber is planning to invest JPY11bn ($118m) to start the second phase expansion for Yokohama Tire Philippines (YTPI), a local subsidiary for manufacturing and selling passenger car tires, in May 2013. According to ...
Tags: Yokohama Rubber, Yokohama Tire Philippines, passenger car tires
German carmaker Opel is planning to invest additional EUR130m to expand its newly built Szentgotthárd engine plant in Hungary, bringing the carmaker’s over investment in Hungary to EUR1.4bn. The investment is aimed at ...
Tags: carmaker, Opel, Szentgotthárd engine plant
Australian iron ore giant Rio Tinto has announced its financial results for the full year of 2012, registering a net loss due to lower average prices for the year. Rio Tinto posted a net loss of US$3 billion in the given year, compared to ...
Turkish specialty steel producer Asil Celik has announced that it has ordered a continuous casting machine from the Swiss plantmaker SMS Concast. The new casting unit is expected to be commissioned in early 2015. The new continuous ...
Russian steel producer Magnitogorsk Iron and Steel Works (MMK) has announced that it is carrying out hot run tests on two new heating furnaces as a part of the reconstruction of its hot rolling mill 2500. During the reconstruction of the ...
Tags: MMK, Hot Run Tests, Mineral
Swiss plantmaker SMS Concast AG has announced that it will supply the first electric arc furnace to the Egypt-based long steel producer El Marakby Steel. The new furnace with an annual capacity of 350,000 mt will broaden El Marakby's ...
Tags: long steel, long steel producer
Reportedly, Korea’s Posco announced that the company has expected to build new two coil centers in central Mexico in order to meet the strong demand of automobile industry. The new company name form as Posco-MPPC which is in Celaya ...
Tags: Posco, Autosheet Coil Centers, Mexico
SABMiller's joint venture China Resources Snow Breweries (CR Snow) has signed a deal to acquire the Hong Kong-based Kingway Brewery's brewery business for RMB5.38bn($864m). The transaction will include the brewery's seven breweries, four ...
Tags: SABMiller, brewery business, beer
It's reported that Russian steelmaker Severstal has announced to enter the structural steelwork fabricating business with the acquisition of Oryol Steel Fabrication Plant (ZMK) in western Russia. Meanwhile, the company expects to focus ...
Tags: structural steelwork business, steelwork business, steelmaker
Reportedly, China’s Baotou Iron & Steel (Baotou), the largest steelmaker in northern China’s Inner Mongolia has planned to upgrade its operations with a new heat-treatment unit at its Mongolia plant. Meanwhile, the company ...
Tags: Steel, steelmaker, special steel rails
Kazakhstan-based mining group Eurasian Natural Resources Corporation Plc. (ENRC) has announced its operational results for the fourth quarter and the full year 2012. The miner registered a ferroalloy output of 392,000 mt in the fourth ...
Gigastorage, in order to reflect increases in cost of polysilicon by US$1.5/kg to US$16-17/kg, has hiked prices for its solar-grade polycrystalline silicon wafers to US$0.8 for models with energy conversion rates of 17-17.1% and above ...
Tags: Gigastorage, polysilicon, prices, polycrystalline silicon wafers
Japanese carmaker Nissan is planning to invest EUR130m at its Barcelona manufacturing facility in Spain, to build a new passenger car model. Production of the new compact family car is scheduled to start in July 2014 at the Spanish ...
Tags: carmaker, Nissan, manufacturing facility, passenger car model
Shagang Group, a Jiangsu Province and also the Largest Private Steel Enterprise in China has commissioned China Metallurgical Group Corporation (MCC) to build new continuous pickling line No.1 & No.2 for expansion. These two units of new ...