ArcelorMittal South Africa has announced that it has signed a new iron ore supply agreement with Kumba Iron Ore which will regulate the sale of up to 6.25 million mt per year of iron ore by Sishen Iron Ore Company (SIOC) to ArcelorMittal ...
Tags: Iron Ore, Metallurgy, Mineral
According to data released by the South African Revenue Service (SARS), in September this year the value of South Africa's exports of base metals and articles thereof totaled ZAR 9.5 billion ($936 million), increasing by 9.7 percent from ...
Tags: Metallurgy, Mineral, Energy
The U.S. International Trade Commission is initiating a five-year "sunset review" on uncovered innerspring units imported from China, South Africa and Vietnam. This review coincides with the fifth anniversary of the imposition of duties ...
Tags: Furniture, Furnishing
Ocean Power Technologies and Mitsui Engineering & Shipbuilding announce agreement to commercialize PowerBuoys? Friday, Nov 01, 2013 Ocean Power Technologies, Inc. (Nasdaq:OPTT) ("OPT" or the "Company") and Mitsui Engineering & ...
Tags: Transportation, bike, Service
According to the latest data released by Statistics South Africa, in September this year the country's producer price index (PPI) for the basic iron and steel industry fell 0.9 percent compared to August and was up 9.9 percent compared to ...
Tags: steel, Metallurgy, Mineral
No one is predicting a wine supply apocalypse, but when Morgan Stanley analysts believe wine flow is dwindling, the industry gets jittery. Released on Oct. 28, a Morgan Stanley report points to a 2012 wine undersupply: Including non-wine ...
Tags: Agriculture, Food
Overall orders of textile machinery for the third quarter of 2013 dropped 7% compared to the previous quarter. ACIMIT President Raffaella Carabelli stated "The slowdown in the Chinese market is taking its toll abroad, whereas in Italy a ...
Tags: Textile
Reversing the trend of recent years, the Americas region is the king of the luxury goods spending hill, estimated to grow at four percent in 2013 versus 2012, surpassing the estimated 2.5 percent growth rate for China, as luxury spending in ...
Tags: Luxury Goods, luxury market
Danone is set to acquire 49% stake in Fan Milk, a frozen dairy products and juices manufacturer in West Africa. The French dairy firm will join Dubai private equity firm Abraaj to acquire Fan Milk in a $360m deal, reported the Financial ...
Tags: Danone, Dairy Fan Milk
FESPA Eurasia, which took place for the first time in Istanbul, Turkey from 3 to 5 October 2013, set a new standard for wide format printing and signage events in Turkey. An international audience of almost 7000 - individual senior decision ...
Tags: Fespa Eurasia, Textile
Shriram General Insurance (SGI), the non-life insurance subsidiary of Shriram Capital, and its South African partner Sanlam, are mulling over acquiring non-life insurance operations in Asia, including Malaysia, Indonesia, Vietnam, and ...
Tags: General Insurance, Insurance
A recent article in Decorative Glass Magazine reports decorative glass products continue to be hot ticket items for interior design. Glass is being used extensively in projects that range from walls to floors. With this in mind, Elite ...
Tags: Decorative Glass
Vitrum is always held in fall and hence near the end of the fiscal year. This makes it quite useful for assessing the progress made during the year and formulating an accurate forecast for the following year. And hence, as Vitrum opens ...
Tags: Vitrum, Construction
South Korea imported 4,055 mt of denatured ethanol from Brazil in September, after an absence of close to two years, according to customs data released Tuesday. Brazil last shipped 6,231 mt of denatured ethanol to South Korea in October ...
Tesla CEO Elon Musk bought the Lotus Esprit prop from the 1977 James Bond movie The Spy Who Loved Me and now plans to transform it into a real submersible car powered by a Tesla electric powerplant. Musk secured the car with a winning bid ...
Tags: Elon Musk, Real Submarine Car