According to the data released by the Export and Import Division of South Korea's Ministry of Knowledge Economy, the country's trade balance indicated a USD 28.6 billion surplus in 2012, which was the second consecutive year in which South ...
Tags: steel export, steel, raw materials, steel export value
According to the data provided by the Turkish Statistical Institute, in November 2012 Turkey's stainless flat steel imports rose by 7.5% compared to the previous month and were up 9.25% compared to November 2011, amounting to 29,793 metric ...
Tags: stainless flat steel, stainless flat steel imports, steel, flat steel
Associated Press reported that aluminum producer Alcoa Inc launches the fourth quarter earnings season on Tuesday after the markets close. The sluggish global economy, including slower growth in China and the debt crisis in Europe, has ...
Tags: Alcoa, aluminum producer, aluminum, aluminum industry
China National Petroleum Corp announced two major overseas acquisitions in mid-December as the oil giant continued its accelerated pace of global expansion. State run CNPC said December 12 it would buy a 10.2% stake in the Browse ...
PTI cited Mr Kaushik Basu CEO of World Bank as saying that India's economy could expand by around 6% in 2013, attributing the current slowdown to global factors. Mr Basu at CD Deshmukh Memorial Lecture said that "It is very-very difficult ...
Tags: economy, global factors, economic growth, exports, imports
According to statistics released by Japan's Ministry of Finance, Japan's nickel ore imports totaled 437,100 tonne in November this year, rising by 0.5% MoM and up 30.7% compared to November 2011. Meanwhile, in the first 11 months of 2012, ...
Tags: nickel ore imports, nickel ore, nickel, ore
NICKEL is on track to end 2012 as the worst performing base metal and 2013 doesn't look much better. In fact, the only hope for existing nickel producers is that some of the emerging operations strike technical problems in their ...
Tags: Nickel needs project, Nickel needs, Nickel, base metal, nickel pig iron
Business Line reported that Mahindra and Mahindra has decided to seek clarification from the Government on why the Foreign Investment Promotion Board had rejected its proposal to enter into a JV with Rafael Advanced Defense Systems of ...
Tags: Mahindra and Mahindra, Government, Foreign Investment Promotion Board, JV
Bloomberg reported that the USD 1.1 billion purchase of a stake in ArcelorMittal Canadian iron ore unit by China Steel Corporation and POSCO increased interest in Canada’s ability to meet Asian demand for the steelmaking raw material. ...
Tags: ArcelorMittal, Canadian iron ore unit, China Steel Corporation, POSCO
The Jakarta Post reported that steel products manufacturer PT Saranacentral Bajatama is planning to widen its market to include Southeast Asian countries, such as Malaysia, Myanmar and Thailand to benefit from the low import tariffs ...
Tags: zinc coated steel, steel, steel products, aluminum zinc coated steel
Reuters reported that two Chinese companies have reached a deal to build a 400 km (250 mile) rail line, a steel plant and a sea port in Cambodia worth a combined USD 11.2 billion in what would be by far the impoverished country's ...
Tags: rail line, steel plant, investments, Steel Mining Industry Group
Gindalbie Metals Limited has made the first magnetite concentrate shipment from its Karara Iron Ore Project in Western Australia. The 55 thousand tonne shipment was completed on New Year’s Eve and set sail yesterday bound for ...
Tags: Gindalbie Metals Limited, magnetite concentrate shipment, China
AAP reported that Fortescue Metals Group shares are heading towards a 6 month high after breaking through USD 5 amid global optimism and an increase in the iron ore price. The Pilbara focused iron ore miner closed 2.4% higher at USD ...
Tags: Fortescue Metals Group, shares, iron ore price, company news
The US Census Bureau of the Department of Commerce announced Wednesday that construction spending during November 2012 was estimated at a seasonally adjusted annual rate of USD 866.0 billion, 0.3% below the revised October estimate of USD ...
Tags: construction, US, construction spending, private construction
Xinhua reported that a significant step was made in the efforts to start a large scale iron ore mining in Cameroon’s Mbalam region following signing of an agreement in Yaounde between the country’s authorities and Cam Iron ...
Tags: Iron, iron ore mining, iron ore, mining