According to the Turkey's Steel Exporters'Association,Turkey's total steel product exports amounted to 1.66 million metric tonnes,rising 10.6%MoM and down 5.7%compared to the same month of the previous year,with a total revenue of USD 1.26 ...
Tags: Turkey, Steel, TSEA, Middle East
Reuters cited Turkey's energy minister as saying that state power companies in Turkey and United Arab Emirates have signed an agreement to invest in a USD 12 billion project to produce electricity in Turkey's Afsin-Elbistan region. The ...
Tags: Turkey, UAE, power production, energy
This year presents Amur Minerals with an opportunity to update a former pre-feasibility study for its flagship Kun Manie nickel-copper project. Analyst Tom Hayes said that drilling results in 2012 have pointed to an overall increase ...
Tags: Minerals, Metallurgy, Energy
Reuters reported that global stock markets surged almost 2.0%and commodity prices rallied yesterday after US legislators struck a deal to halt a round of automatic fiscal tightening that threatened to push the world's largest economy into ...
Tags: Saudi Market, Rallies, Fiscal Deal
YIEH reported that the CIS steel mills planned to raise the export quotes of pig iron after the New Year holiday,driven by higher prices of scraps and iron ore. It's said that the Ukrainian mills planned to raise the pig iron export ...
Tags: Iron Export, Offers, Russian
Silver Lake Resources has a new substantial shareholder in the Blackrock Group,which holds 11.47 million shares or a 5.01%interest in the company. Blackrock had acquired 8.9 million of its shares for about USD 39.7 million between ...
Tags: Crafts, Blackrock, Substantial Shareh
Reuters reported that iron ore shipments to China from Australia's Port Hedland,a bellwether for Chinese industrial activity,surged 25%in December,from the previous month. Port authority data said that China imported 20.23 million tonnes ...
Tags: Port Hedland, China, iron ore, Australia
A Chinese steel company is set to open a pipe mill this spring,bringing hundreds of jobs to an area already thriving from the oil and gas industries and injecting a multi-billion dollar boon to surrounding cities and towns over the next ...
JFE Holding Inc has delayed a decision to build a USD 3.6 billion integrated steel plant in Vietnam,saying it is worried that the poorly developed market could hinder its operations. JFE had said earlier it would defer a decision on the ...
2013 had crackling opening in China with steel leaping by 1%on the first working day.Even though it was not a surprise since the tempo had been set at the beginning of Q4 with the resounding economic pouring in.Ensuing optimism on raw ...
President of the state oil company of the Azerbaijani Republic Mr Rovnag Abdullayev said that construction of the Star refinery in Turkey will start this year to launch it in 2016. The facility will cost about USD 6 billion,30%of which ...
State owned Hindustan Copper's net profit during the April to November period of the current fiscal dipped by over 21.5%to INR 110.35 crore on account of subdued prices globally. The company,the only domestic player to produce copper ...
Tags: Hindustan Copper, copper ore, LME, India
Experts said that the GCC tubes and pipes industry will invest USD 18 billion in the next 5 years in new pipelines and associated infrastructure,as the Gulf is set to add more than 21,000 kilometer to its current pipe network. According ...
Tags: Gulf, GCC, Tekno Arabia, Tube Arabia, Middle East
Worthington Industries,Inc reported net sales of USD 622.6 million and net earnings of USD 31.8 million,or USD 0.45 per share,for its fiscal 2013 second quarter ended November 30,2012.In the second quarter of the prior year,the Company ...
Tags: Worthington, Westerman, McConnell
Bloomberg reported that POSCO agreed to buy a stake in ArcelorMittal Mines Canada Inc. Mr Chung Jae Woong spokesman of POSCO said that POSCO hasn’t decided on the amount of stake it will purchase or for how much The Maeil Business ...
Tags: POSCO, ArcelorMittal Mines Canada, iron ore, company news