Mr Darwish bin Ismaeel al Balushi minister Responsible for Financial Affairs said that Oman's ambitious National Railway System will be implemented with funding support pledged by fellow members of the Gulf Cooperation Council. Mr Al ...
Tags: Oman, National Railway System, GCC, rail project
The Financial Express reported that amid continuous downtrend of the export volume Bangladesh has moved forward to increase shipment to Iran. Officials said that Bangladesh mainly exports raw jute and jute goods to the Muslim nation and ...
Tags: Bangladesh, shipment, Iran, raw jute, jute goods
A top businessman said that the volume of overall investment is expected to top USD 45 billion over 5 years in Bahrain. Dr Essam Fakhro chairman of Bahrain Chamber of Commerce and Industry said that public sector investments are expected ...
Tags: overall investment, Bahrain, Dr Essam Fakhro, public sector investments
Businessmen in Egypt’s rebar industry expect the price of a tonne of locally produced rebar to increase by anywhere from EGP 120 to EGP 150 by the beginning of January 2013. The Ministry of Agriculture will continue to enforce the ...
Tags: Steel prices, Steel, rebar industry, rebar
Mag Copper Limited announced that it has completed a non-brokered private placement for gross proceeds of USD 100,000 through the issuance of 5,000,000 flow-through common shares of the Company at a price of USD 0.02 per Flow Through Share. ...
The unabated rally in steel scrap prices is continuing northward march in January India It is reported that while HMS import prices from Africa and MEA have increased to USD 385 per tonne to USD 395 CFR levels, shredded scrap from UK is ...
Tags: steel scrap prices, HMS import prices, Asia, metal
Geopacific Resources has made an off market all scrip bid for unlisted World Wide Mining Projects, that could potentially give Geopacific the option to take an 85% interest in the Kou Sa Copper Project in Cambodia. As part of the deal, ...
Tags: Geopacific Resources, World Wide Mining Projects, mining
It is reported that on January 2nd 2013, Baltic Dry Index reached 698 points, down by 1 point from January 1st 2013 Capsize BCI Change INDEX 1237 2 SPOT 4 TCE AVG 4864 -31 ...
Tags: Baltic Dry Index, finance, index, economy, India
Copper rose for a third day in London as Chinese services industries expanded at the fastest pace in four months, bolstering prospects for an economic rebound in the world’s biggest consumer of the metal. China’s statistics ...
Tags: Copper, economic rebound, metal, China
Business Times reported that iron ore prices hit an eight month high this week. Iron ore is seen as a proxy for industrial activity and construction in China. The commodity is critical for the profitability of mining groups, including ...
Tags: iron ore prices, iron ore, steelmakers, steel production
AP reported that Minnesota collected a record USD 51 million in mineral revenues in the 2012 fiscal year. The Department of Natural Resources said that that up 44% over last year's record of USD 35.5 million. Most of the money goes ...
Tags: Minnesota, mineral revenues, mining, company news
Diversified global industrial company Harsco Corporation announced a new multi year contract valued at more than USD 225 million for onsite services to JSW Steel. Harsco will provide resource recovery and slag management services at ...
Tags: Harsco Corporation, onsite services, steel, stee market
ABC News reported that iron ore prices have bounced back after bottoming three months ago, reigniting many shelved expansion plans. A once in a century mining boom has driven the Australian economy, sustained by China's huge appetite ...
Tags: iron ore prices, iron ore, mining, Australian economy
Bloomberg reported that to the price of iron ore delivered China, the largest importer, climbed to a 14 month high in what Credit Suisse Group AG described as one last hoorah. According to the Steel Index, ore with 62% content at the ...
Tags: iron ore, China, India, iron price, iron ore market
TEX cited a source as saying that that there is a feeling of bottoming out in prices of steel plates for general use in the Asian region. Some mill that got an order at below USD 500 CFR in October/December appeared, which dropped to the ...
Tags: Steel plates prices, Steel plates, general use plates, Iron, Steel