Bloomberg reported that tin may rally about 12 percent this quarter to USD 27,300 a tonne, the highest price since August 2011. Mr Jeffrey Zhang, Hong Kong based head of Asian research said that Trading Central SA, the target ...
Tags: Fibonacci charts, tin, metal, metal market
On January 2nd, the Turkish Exporters' Association revealed that in 2012 Turkey's total export value amounted to USD 151.86 billion, up 12.57% YoY, hitting an all time annual record since the establishment of the Republic of Turkey. The TIM ...
Tags: Turkey, Steel Export, steel market, steel industry
Times of India cited Mr Cyrus P Mistry new chief of TATA group's as saying that the TATA group will invest more than INR 45,000 crore on various businesses over next 2 years and would look to expand its presence in global markets besides in ...
Tags: TATA group, India, global markets, TATA Sons
Post Trib Sun Times reported that US Steel Gary Works will move forward with a plan to close two dump sites after receiving approval from the Indiana Department of Environmental Management. US Steel received approval on the project ...
Tags: Steel Gary, Steel, US Steel, Resource Conservation
It is reported that Bahrain has signed 6 financing agreements totaling USD 448 million with the Saudi Development Fund to support a number of infrastructure projects as part of the GCC Development Program. A report in our sister ...
Tags: Bahrain inks, Saudi fund, infrastructure projects, Development Program
Reuters reported that Oman's 2013 budget raised spending nearly 30% over its 2012 plan to IRR 12.9 billion as the Sultanate boosts outlay on social benefits it promised after Arab Spring protests in 2011. Mr Darwish Al-Balushi finance ...
Tags: Oman, budget, social benefits, company news
According to a recent Dubai Chamber of Commerce and Industry study, after going through a slowdown during the global financial crisis in 2008 and with the current recovery in GCC economies, the UAE construction industry is projected to ...
Tags: construction industry, construction, residential property
India Inc's aspiration for manufacturing sector is to be the Germany of the East and not Factory to the west CII-BCG Manufacturing Leadership Survey 2012 During CII’s 11th Manufacturing Summit 2012, the Confederation of Indian ...
Tags: Manufacturing sector, Manufacturing, GDP, global manufacturing
The next gen of the Jindal family has just checked in at the corporate headquarters of the USD 10 billion power to ports JSW group. 22 year old Parth Jindal scion of the Jindal South West group, which controls India’s largest private ...
Tags: JSW, steel producer, steel, automotive steel, electrical steel
Asaplus Resources continues to trade at a 5% premium to its IPO entry price one month on from listing. The company listed on November 16th 2012 following a a successful IPO which offered 10 million shares at USD 0.20 to raise USD 2 million. ...
Tags: Resources, Silverstone Project, iron ore, ore resources
Reuters cited a transport ministry as saying that Oman has awarded US firm Hill International a 2 year contract worth USD 108.5 million to supervise the expansion of Muscat's international airport. Hill International will replace Danish ...
Tags: Hill International, Oman Airport, Mineral, Metallurgy
AAP reported that failed former Pilbara iron ore miner Murchison Metals has asked investors to support its buy back of shares before the company is wound up, but its largest shareholder won't be involved. Mercantile Investment, the ...
Tags: iron ore, Murchison Metals, mining, company news
ET reported that with the commencement of Mahan smelter and Utkal alumina refinery in nearly three months' time, worse days for Hindalco seem to be over. The management of the company expects the Mahan smelter to start production by ...
Tags: Mahan smelter, Utkal alumina refinery, captive coal, coal industry
According to a study by Chile's state copper comission Cochilco, iron ore prices will fall to an average of USD 120 per tonne in 2013 before rising again to USD 125 per tonne in 2014. The commission is estimating an average price of USD 125 ...
Tags: Chile, iron ore prices, steel prices, metal market
The Chinese Long Product Price Index CLPPI has gone up by 1 point last week whereas the Chinese Flat Products Index CFPPI has also gone up by 27 points. The overall price index CHISPI inclined by 16 points. Class 21-Dec ...
Tags: Chinese Long Product Price, Chinese Flat Products, steel market