Russia-based leading global iron ore and hot briquetted iron (HBI) producer Metalloinvest has announced that it has secured a one-year contract to supply iron ore concentrate to Russian pig iron and coking coal producer KOKS Group. Under ...
Tags: iron ore, pig iron, coking coal
Steel Dynamics, Inc. announced Wednesday first quarter net income of $39 million, or $0.17 per diluted share, on net sales of $1.8 billion. By comparison, prior year first quarter net income was $48 million, or $0.21 per diluted share, on ...
Tags: Steel Dynamics, Midwest steel
A new knitwear factory is planned to be constructed in Ali-Yurt village of Russian province of Ingushetia, according to a press release from the Ministry of Construction of the Republic of Ingushetia. Ingushetia lags behind the ...
Tags: Knitwear, knitting sector
According to the Economic and Steel Market Outlook 2014-2015/Q2 2014 Report from the Economic Committee of the European Steel Association (EUROFER), strengthening indicators and evidence of improving dynamics suggest that the EU economy is ...
Tags: Metallurgy, Mineral, Energy, Steel
Packaging Dynamics, a flexible packaging company, has acquired the US-based Pac Paper's business operations, for an undisclosed sum. The acquisition of Pac Paper, which manufactures and sells a range of specialty paper packaging products, ...
The Mercedes-AMG GT is set for its world premiere in the fall of 2014. The GT will line up in a new segment, catering to the demand from sports car enthusiasts. The company noted that the new model will feature breathtaking design and ...
Tags: sports car, car, Auto
Nissan has announced the US debut of Smart Rearview Mirror, an LCD monitor that provides clear rearward visibility to the drivers. Installed in the company's new 2014 Rogue at Nissan's stand at the upcoming New York International Auto ...
Tags: Nissan, Smart Rearview Mirror
The container shipping industry is stuck in a vicious cycle: although new ships may give carriers lower slot costs, the supply/demand dynamics are out of kilter and freight rates remain very volatile Drewry's 1Q14 Container Forecaster ...
Tags: Container Shipping, shipping, logistics, Service
EFIC has examined the dynamics behind Australia's trade surplus that reached $1.4b in January, its highest level in nearly 2 years. "Export values have surged, driven by increases in rural and resource export volumes. This is despite ...
A powerful network of supercomputers will be built in Japan over the next decade, centered around a next-generation exascale machine and coordinated with projects designed to boost industrial use of the technology. This policy vision, ...
Tags: Supercomputer, Computer Products, Electrical, Electronics
Automotive parts maker Commercial Vehicle Group (CVG) is set to close its production and warehouse plant in Tigard, Oregon by the end of December 2014. Currently, the company produces interior trim components such as instrument panels and ...
Tags: Commercial Vehicle, Tigard Production Plant, Automotive
Expedited regulatory approval of proposed US liquefied natural gas export terminals would not lead to their immediate construction nor to near-term deliveries of US gas into Europe, panelists at a Senate hearing said Tuesday. Several US ...
Chevrolet Thailand launches the latest version of the Chevrolet Captiva, one of the most successful SUV’s in the market, at the 35th Bangkok International Motor Show. the Captiva has been Chevrolet's flagship product in Thailand, ...
Tags: Chevrolet, Chevrolet Captiva, SUV
Subaru, the automobile manufacturing division of Fuji Heavy Industries (FHI), is set to introduce its new Subaru Impreza to the UK market as the C-segment vehicle. Subaru Impreza is powered by a 1.6L DOHC boxer petrol burner and comes ...
Tags: Subaru, Subaru Impreza, Fuji Heavy Industries, automobile
Advanced Dynamics' label applicators will be among the exhibits at Ipex 2014 from March 24th to 29th at ExCel in London. With the countdown to the start of the event almost over, event director Trevor Crawford explains how a careful ...