Russian steelmaker Novolipetsk Steel (NLMK) has stated that it plans to invest US$1.6 billion in development in the period up to and including 2017 and that it expects additional income of $1 billion per year by 2017. By 2017, the company ...
Tags: Metallurgy, Mineral, Energy, steel
According to the State Statistics Committee of Russia(Russtat),in 2013 Russia registered a 1.7 percent decline in its rolled steel product output to 57.9 million mt,a 2.3 percent decrease in its crude steel output to 68.8 million mt and a ...
Tags: Metallurgy, Mineral, Energy
According to the monthly sectoral confidence survey released by the Turkish Statistical Institute (TUIK), the confidence index* for the construction sector in Turkey, which stood at 73.3 points in December last year, increased by 18.6 ...
Tags: TUIK, Mineral, Turkish construction
South Africa's Richards Bay Coal Terminal (RBCT) exported 4.6 million mt of coal in January, tumbling 33% on-month from the 6.8 million mt shipped in December, according to the latest operating data released by the port Friday. January ...
Tags: Coal Terminal, Mineral
Norway's Statoil on Friday postponed its 2020 output guidance of 2.5 million barrels/day of oil equivalent by up to four years, as it reported a fall in fourth quarter output and an 8% cut in planned investment to $20 billion/year for the ...
Tags: Norway's Statoil, Mineral
Solvay plans to increase its annual production capacity of natural soda ash at its Green River plant in Wyoming by 150,000 metric tons as of early next year, to meet growing demand of its U.S. export markets. "This capacity expansion ...
In 2013,Latin America's finished steel production totaled 56.4 million metric tons,one percent more than in 2012,according to Alacero,the Latin American steel association.The main finished steel producer was Brazil,with 26.3 million metric ...
Tags: Steel, crude steel, Mineral
In 2013, the aggregate shipbuilding output in China (from a total of 80 shipbuilding enterprises) amounted to 45.34 million deadweight tons (dwt), down 24.7 percent year on year, according to the figures released by the China Association of ...
Tags: Metallurgy, Mineral, shipbuilding output
The Ugandan government has signed a long awaited deal with UK-based Tullow Oil, Total and China National Offshore Oil Corp, to develop its oil sector, paving the way for the country's first commercial crude production. The pact details ...
Tags: Oil Development, Mineral
China predicted to use 45 billion cubic meters of gas by 2030 As China strives to convert to cleaner energy, its liquefied natural gas production capacity will soar in 2014, with higher profits supporting more projects. Fifty-five ...
Tags: LNG Growth, Mineral
Oil prices rose sharply Friday on speculation that frigid weather in U.S. would boost the demand for heating oil. The impact of cold weather on demand is the focus of market. It was reported that last month was the coldest January since ...
Tags: Oil Prices, Mineral
Indonesia's Industry Minister Mohammad S. Hidayat said on Thursday that non-oil and gas industry in the country would grow up between 6.4 to 6.8 percent this year with an estimated export earning of 125 billion U.S. dollars. The growth in ...
Tags: Gas Industry, Non-Oil, Mineral
The State Council has agreed to form a major rare earth production corporation led by Ganzhou Rare Earth Group Co Ltd, the mayor of Ganzhou, Jiangxi province, said on Tuesday. The new rare earth group will become the largest of its kind ...
Tags: Rare Earth, Mineral
The US Commerce Department said Thursday that it has launched anti-dumping and countervailing investigations over imports of certain crystalline silicon photovoltaic products from China. The investigations are in response to a petition ...
Tags: photovoltaic products, Mineral
The exploration of shale gas is a revolution, and is changing global energy picture, chief economist of the International Energy Agency Fatih Birol said in a recent interview with Xinhua. Birol said several major changes were seen in ...