In the first five months this year, sales of passenger cars and commercial vehicles in Russia decreased by six percent year on year to 1.031 million units, according to the statistics released by the Association of European Businesses. ...
In 2013, the world's direct reduction iron (DRI) output increased by two million tons or 2.8 percent year on year to a record 75.2 million tons, even though two key producing countries, India and Venezuela, saw significant declines in ...
Tags: DRI Capacity, Steel
Japanese spot import prices of high-carbon ferrochrome rose this week as Indian producers cut output amid a decline in domestic chrome ore feedstock supplies, market sources said Friday. Platts assessed the spot price of high-carbon lumpy ...
Ukraine insisted on a complete revision of its gas supply deal with Russia and would not be swayed by offers of discounts, Prime Minister Arseny Yatsenyuk said here Wednesday. "We still adhere to our old position: we should revise the ...
Tags: Gas Supply, oil
Despite its many advantages, natural gas is losing ground globally to its rivals while buyers and sellers struggle to agree on what constitutes a fair price, the International Energy Agency said in a report published Tuesday. In its ...
Tags: Natural Gas, Coal
Volkswagen has sold 2.55 million vehicles during the first five months of 2014, a 4.4% rise compared to the same period of 2013. Deliveries grew by 3.9 percent in May, with the brand handing over 531,100 (May 2013: 511,000) vehicles to ...
Tags: Auto Parts, Transportation
Relying on advantages on new energy vehicles, Shacman made breakthrough in Peru, Indonesia, Russia and Central Asia markets, and they exported over 6,000 heavy trucks from Jan to May, leading in China heavy truck markets. In the Shacman ...
Tags: Transportation, Heavy Trucks, Trucks
KODA has reported a 15.2% rise in the sales during May 2014 to 91,200 vehicles compared against the 79,100 units sold during same period of 2013. Western and Central Europe were driving force behind the growth increasing by a quarter. In ...
UK-based supermarket chain Marks & Spencer (M&S) plans to use new laser tattooing technology to label its fruits in place of traditional paper-based labels. M&S has signed an agreement with Spanish company Laser Food to trial the ...
The global industrial and commercial LED lighting market is expected to reach £51.3 million by 2019, according to a recent report. The report from Transparency Market Research (TMR) found that the market was worth £7.7 ...
Tags: LED, LED Lighting, Lighting
Germany-based automotive supplier Continental has opened its new high-tech production facility at its Kaluga production site in Russia with an investment of €24m. The new high-tech production facility has an annual production ...
Tags: Auto Parts, Vehicle, Car
More than half of Asia's gas needs will be supplied by LNG by 2030, Santos Ltd CEO David Knox said Thursday, adding that this will provide the Australian LNG exporter opportunities to grow. Speaking from the Brisbane Mining Club, Knox ...
Tags: Gas, Chemicals, Metallurgy, Mineral, Energy
Germany-based SMS Group has announced that in 2013 its order intake amounted to €3.3 billion, increasing by 16.7 percent compared to the previous year. The results included Paul Wurth for the first time, acquired by SMS Group in 2012. ...
Tags: Metallurgy, Mineral, Energy
The first quarter of this year was a bad one for Russian steel-consuming industries, Russia's Metal Supply and Sales magazine has reported. Domestic industrial production was up just 1.4 percent compared to the same period last year. There ...
Tags: Metallurgy, Mineral, Energy
At least 38.4 GW of solar electricity was connected to the grid globally in 2013, but new policies in Europe have seen the technology slip back behind wind energy in terms of new deployments. Those are two of the key findings in an ...
Tags: solar electricity