Ukraine-based vertically integrated mining and steel group Metinvest has announced that it has secured a USD 300 million 3 year pre export finance facility. The interest margin is 5.25% per annum over the LIBOR rate while there is a grace ...
Tags: iron ore price news, finance loan, steel construction, steel group
Russia - The Russian pipe market was growing throughout the Q3 of 2012, mainly due to stronger seamless industrial and welded line pipe demand. In the Q3 of 2012, the seamless OCTG market in Russia remained strong. Q3 Russian oil ...
Tags: steel pipe, iron ore price news, steel construction, oil&gas drilling
FNA reported that Isfahan's Mobarakeh Steel Company will boost its annual output capacity to 1.5 million tonnes in the near future. Mr Majid Mahmoudi director for engineering and energy development affairs of Mobarakeh Steel said that a ...
Tags: steel scrap buyers, steel construction, iron ore price news
Kazakhstan Today reported that prosecutors are probing former employees of German steel group ThyssenKrupp over alleged fraud connected to suspicious payments in Eastern Europe. According to Interactive Investors, ThyssenKrupp called in ...
Tags: steel group, fraud, kazakhstan russia, steel construction
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
Emirates Steel, which has undergone several expansions in recent years has reported 33% surge in steel volume and 10% increase in the dispatch of goods of prime quality through to the end of Q3 2012 YoY. Mr Suhail M Al Ameri Emirates ...
Tags: emirates steel, structural steel, steel beam, steel construction
According to preliminary government data, steel imports declined in October by 2.5% compared to September. Mr David Phelps president of AIIS said that "Steel imports declined again in October as demand softened across most product lines. ...
Tags: structural steel, steel scrap price, iron ore price news
Reuters reported that 5 international engineering firms have bid to build 50,000 tonnes per year polyacetal plant at Ibn Sina an affiliate of Saudi Basic Industries Corporation. SABIC said in 2010 the project, producing a plastic which is ...
Tags: polyacetal plant, plastic waste, steel construction, car industry
Turkish rebar producer Izmir Demir Celik Sanayi AS has said that the signs of revival in North African markets, primarily in Egypt and Libya in terms of steel demand along with the recovery in the US and Canadian domestic markets have ...
Tags: iron ore demand, rebar, steel construction, steel company
According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute and the Turkish Undersecretariat of Customs, in October this year Turkey's iron and steel imports totaled USD 1.7 billion decreasing by 4% ...
Tags: buy steel pipe, stainless steel, chrome steel, steel construction
Posted by Rick Lingle, Technical Editor -- Packaging Digest, 11/29/2012 9:27:32 AM Designed for maximum efficiency and productivity, the PDC R-500 TS-CB Shrink labeler applies shrink sleeves at speeds between 500 and 600 labels per ...
Tags: PDC R-500 TS-CB Shrink labeler, mandrel-style labeler, shrink sleeves
Pressure-sensitive tapes producer in the US, Shurtape has launched its ShurSEAL tape heads that have been engineered with new design features and can be retrofit to a variety of case-erecting and sealing systems. The ShurSEAL tape heads ...
A total of 14 innovative products, including 13 LED luminaires, represent significant product developments and improvements to the lighting industry. Cooper Lighting, a leader at the forefront of transforming the lighting industry and ...
Tags: LED lighting, Cooper, energy, LED optical performance, LED wall wash
Packaging company Goglio is all set to introduce a new vertical form, fill and seal machine G18C, which has a structure that can be fitted comfortably to any required equipment. According to the Italian company, the new noiseless and ...
Tags: seal machine, clean design principles, stainless steel construction
Baumann Packaging Technology has unveiled its new MKH-4, the next generation of modular designed compact servo-driven cartoner. The new cartoner is equipped with a multi-axis control system which yields increased reliability, flexibility, ...