SHARES climbed yesterday following a rally in Japanese stocks and as some analysts saw potential for the Reserve Bank to cut interest rates next month. The benchmark S&P/ASX 200 closed up 0.7 per cent at a two-day high of 4966.6. The ...
Tags: economy
Production by the world's largest diamond producer De Beers has been consistently going down past many years and as a result now India's DTC (Diamond Trading Company, rough diamond distribution arm of De Beers) sightholders are facing acute ...
In January this year, Italy's finished steel exports totaled 1.253 million metric tons, down by 9.7 percent, while its finished steel imports amounted to 1.331 million metric tons, up 25.2 percent, both year on year, as announced by the ...
Tags: Finished Steel Imports, Mineral
In the first two months this year, Italy's steel exports to non-European Union (EU) countries totaled 656,000 metric tons, down by 21.4 percent, while its steel imports from non-EU sources totaled 1.265 million metric tons, up 46.4 percent, ...
Russian steelmaker Severstal has announced its operational results for the first quarter of 2013. Accordingly, Severstal's crude steel output increased by seven percent quarter on quarter to 3.835 million mt in the first quarter, while its ...
Tags: Crude Steel, Metallurgy, Mineral, Energy
In February this year, iron ore production in Peru amounted to 551,533 long tons (560,383 mt), increasing 48.1 percent compared to the same month of the previous year but down 6.5 percent compared to January, according to Peru's Energy and ...
Tags: Iron Ore, Metallurgy, Mineral, Energy
A BRIGHTER end to what was a torrid week for mining stocks helped carry the sharemarket to a modest 0.2 per cent gain yesterday. After making a bold start, the benchmark S&P/ASX 200 index drifted lower throughout the trading session, only ...
Tags: economy
China's gross domestic product (GDP) indicated a year-on-year increase of 7.7 percent to RMB 11.8855 trillion ($1.9 trillion) in the first quarter of this year, as announced by China's National Bureau of Statistics (NBS). The 7.7 percent ...
Russia-based leading global iron ore and hot briquetted iron (HBI) producer Metalloinvest and LLC Zeppelin Russland have announced the signing of a contract for the supply of six Caterpillar 789D dump trucks with an average carrying ...
then use what you know for all drives to come:ABB's new low voltage,industrial AC drive portfolio is built on a common architecture,specifically designed to simplify operation,optimize energy efficiency,and maximize output. ABB's new AC ...
Tags: Packaging, Printing, Industrial Equipment
The Ukrainian mining and steel producing group Metinvest has announced that it has secured a three-year pre-export facility amounted to a total of $560 million. The facility had reached the $300 million level in the first stage in November ...
Tags: Metinvest, Mineral, Finance Facility
Cytec Industries Inc. announced that its Board of Directors elected Michael Radossich as a Corporate Officer of Cytec Industries Inc. effective immediately in addition to his existing role as President, Cytec Specialty Chemicals and a ...
Tags: Textile
India's Supreme Court has decided to lift the mining ban in Karnataka state, allowing 18 more mines, both category A and B, to resume operations 21 months after imposing a mining ban in the state for environmental reasons, according to ...
UK-based mining giant Anglo American Corporation has announced its production results for the first quarter ended on March 31, 2013. In the first quarter, the iron ore production from Kumba Iron Ore increased by two percent year on year ...
The success of infrastructural setup is the basis for economical developments in any country. In any country economy cannot function if the roadblocks for development are not smoothened out. These roadblocks are lack of adequate ...