OPEC ministers meeting in Vienna Friday reached an expected agreement to maintain the group's current crude production limits, leaving their combined output ceiling at 30 million b/d. Ministers had widely signaled their happiness with ...
Tags: Metallurgy, Mineral, Energy
Japan will extend a sum of Tk 1 billion (US$ 10 million) to Bangladesh for reconstruction of readymade garment (RMG) manufacturing factories in Bangladesh that are in dire state. The loan will be issued by the Japan International ...
Tags: RMG Building
The Brazilian coil and sections producer, Companhia Siderúrgica de Suape (CSS), announced that it will start to construct the mill workshop late this year. The rolling mill will be built in the northeastern state of Pernambuco. ...
US commercial crude stocks likely fell around 1.5 million barrels for the reporting week ended May 24, according to a Platts analysis and a survey of oil analysts Tuesday. The American Petroleum Institute will release its weekly report at ...
Tags: Chemicals, Metallurgy, Mineral, Energy
Guangdong Province-based Chinese steel pipe manufacturer Panyu Chu Kong Steel Pipe Co. has announced that it will acquire 100 percent of shares of Nanjing Rongyu Group, the outstanding 26.17 percent of shares of Nanjing Qixiashan Steel ...
Tags: China, Southeast Asia, production, steelmaking, Shanghai
With the full Senate starting its debate on a comprehensive immigration bill, Republican lawmakers in the House have released a plan of their own. The Skills Visa Act, by Darrell Issa (R-Calif.), isn't completely new and is based on ...
Tags: Computer Products, software
Saudi Aramco boosted its crude production to a record 9.506 million b/d in 2012, excluding blended natural gas liquids, up 5% from 9.068 million b/d in 2011, the company said in its latest annual report. "During 2012 at Saudi Aramco, we ...
Tags: Saudi Aramco, Crude Output
Turkey's scrap prices which had fallen to $380/mt CFR for HMS I/II 80:20 by early April were still unsustainable given billet and finished steel prices at that period, said Helveco Intertrade SA director Yusuf Güven in a telephone ...
Tags: Scrap, Turkey, Metallurgy
Over the last few years light dimmers have made some very dramatic changes due to the incorporation of new light bulb types. Urban dimmer lighting myths have surfaced and have deterred many prior dimmer users to move into more advanced ...
Bellavita Tile Inc. has announced the opening of a new world-class manufacturing facility in the northern China metropolis of Tianjin. The new eco-friendly Bellavita Tile production and warehousing center on the Bohai Gulf, 186 miles ...
Tags: Bellavita Tile, Factory
Starnet Worldwide Commercial Flooring recently recognized three Starnet Member Companies for excellence in Environmental Stewardship, a newly established award. The presentation was held April 26, 2013 during the Starnet Annual Meeting at ...
Tags: Construction
According to a report by Latin American steel association Alacero, crude steel production in Latin America totaled 5.7 million metric tons during April this year, stable compared to the same month last year. In the first four months of the ...
Tags: raw mat, longs, flats, South America, production, consumption, steelmaking
According to the latest figures provided by Italian steel producers association Federacciai, Italy's hot rolled flat steel output amounted to 1 million mt in March this year, down 33.7 percent year on year. March is the seventh month in a ...
Tags: flats, Italy, production, steelmaking, European Union, Brescia|
The U.S. Department of Justice has indicted online payment processor Liberty Reserve for laundering $6 billion in a series of global transactions, which the agency charges may be the largest international money laundering prosecution in ...
Tags: DOJ, Liberty Reserve
Italy’s output of hot rolled (HR) steel flat products totaled 1 million tons in March, slumping by 33.7% year on year, according to statistics released by the Italian steel producers association Federacciai. In the quarter of this ...
Tags: Hot Rolled Steel Flats, Italy