Although the scrap prices have kept going up in global steel market, the rebar transaction activity has still stagnated in the Taiwanese domestic market due to the weak demand. It is said the current rebar price in northern and central ...
Tags: Taiwanese Domestic Market, Rebar
Swift Spinning, Inc. ("the Company") is pleased to announce that it has sold 100% of the Company's stock to an Employee Stock Ownership Plan ("ESOP") as of October 24, 2013. An ESOP is a federally regulated retirement plan under ERISA that ...
Tags: Swift Spinning, Employee Owned
Retail Information Systems (RIS) News released its annual Software LeaderBoard, with ECR Software Corp. (ECRS) finishing in first place among an international group of 87 leading retail software vendors. In addition to its number one rank ...
Tags: ECRS Bags, Retail Sector
Eaglewood Energy Inc. ("Eaglewood") (TSX VENTURE:EWD) is pleased to announce that it has executed a farmout agreement with Ketu Petroleum Ltd, a wholly owned subsidiary of Horizon Oil Ltd (ASX:HZN) ("Horizon") for 20% of Eaglewood's 65% ...
Fulucai Productions Ltd. (OTCQB:FCPS) ("Fulucai" or the "Company") is pleased to announce that it has entered into a Memorandum of Understanding (the "MOU") with Blue Sky Langsa Ltd. ("BSL") whereby the Company has the right to acquire ...
Tags: Fulucai, Oil and Gas, Indonesian
Feng Hsin, one of the major electric furnace mills in Taiwan, has followed up with Chia Steel Corp.'s step to cut its base price by NT$400/ton for carbon steel wire rod and bars in this December. After Feng Hsin's new price has been ...
Tags: Wire Rod, Steel, Construction, taiwan
International credit ratings agency Moody's has stated that the acquisition of German steelmaker ThyssenKrupp's Alabama, US-based steel mill by the joint venture partnership between ArcelorMittal and Japan's Nippon Steel & Sumitomo Metal ...
Tags: steelmaker, metallurgy
Apollo Tyres Ltd. has completed the sale of some assets in Africa to Sumitomo Rubber Industries (SRI) for $60 million. The deal allows SRI to acquire Apollo Tyres South Africa (ATSA), including the Ladysmith passenger car tyre plant, and ...
Tags: tyre, tire, Auto Parts
BUTTE, Mont., Dec. 2, 2013 /PRNewswire/ -- NorthWestern Corporation d/b/a NorthWestern Energy (NYSE: NWE) has completed the $70.2 million purchase (subject to customary post-closing adjustments) of operating and nonoperating natural gas ...
Tags: natural gas, energy
Dow Chzemical will shut the equivalent of about 800,000 mt/year of chlorine and caustic soda capacity in Texas and divest chlorine derivatives assets with a value of up to $5 billion, it said Monday. The divestment includes about 40 ...
Tags: Dow Chzemical, Chemicals
The Dow Chemical Company detailed the scope of a separation of a significant portion of its chlorine value chain. These assets are being carved out for future transactions, and represent up to $5 billion of total annual revenue, inclusive ...
Tags: Construction, Decoration
Global steel giant ArcelorMittal has announced that it has entered into a 50/50 joint venture partnership with Japan-based Nippon Steel & Sumitomo Metal Corporation (NSSMC) to acquire the Alabama-based steel processing plant ThyssenKrupp ...
Tags: steel, ArcelorMittal
Finland-based stainless steel producer Outokumpu has announced that it plans to divest its Italian steel plant Terni (Acciai Speciali Terni) and its high performance alloy unit VDM. Outokumpu has signed a binding agreement with ThyssenKrupp ...
Tags: steel producer, Outokumpu
As the current H beam market price is lower than mill's listed base price and the market demand remains weak in the Taiwanese domestic market, most of the local H beam buyers in the Taiwan have requested the H beam makers to cut their new ...
Tags: Taiwanese, price, metallurgy
Smith & Nephew, a medical technology company, has agreed to acquire the assets and business of Politec Saude relating to Smith & Nephew’s Advanced Wound Management products in Brazil. In 2013 Smith & Nephew announced its intention ...