Tackling excess capacity will be one of the top tasks on China's economic agenda in 2014, as the issue becomes a major challenge to maintaining the pace and quality of economic growth. "The Chinese economy still faces downward pressure ...
Tags: Slashing Capacity, Mineral
China will re-introduce an import tax on diesel -- at 1% -- from January 1, 2014, following approval from the State Council, the country's Ministry of Finance said Monday. No reason was given for the change. Diesel had been exempt from ...
Tags: Diesel Tax, Mineral
China's electricity consumption grew 7.5 percent year on year to 4.83 trillion kilowatt hours (kwh) between January and November, according to the China Electricity Council (CEC). Use by primary industry totaled 93.5 billion kwhs, up 0.1 ...
Tags: electricity consumption, Mineral
Alcoa has signed a multi-year supply agreement with Airbus valued at approximately US$110 million for value-added titanium and aluminum aerospace forgings. The agreement also includes several large aluminum forgings for the A330 and A380; ...
Tags: mineral, metallurgy
Lightsource Renewable Energy Ltd has outlined plans to put panels on just over 44 acres of land off Somerton Door Drove. The company submitted a request to South Somerset District Council relating to the proposed solar farm. It wanted to ...
Tags: Metallurgy, Mineral, Energy, Solar
Trina Solar Limited has provided 1.28MW of PV modules to Solar Advanced Systems for the completion of a series of projects at ten Greggs sites across the UK. The solar arrays will cut Greggs' CO2 emissions by 600 tonnes per year, as well ...
Tags: Metallurgy, Mineral, Energy, Solar
In October this year, the unemployment rate of the 34 Organization for Economic Co-operation and Development (OECD) member countries remained stable at 7.9 percent, unchanged from the previous two months, according to new figures published ...
Tags: Metallurgy, Mineral, Rate Stable
In October this year, Turkey's slab imports amounted to 140,068 mt, decreasing by 29.50 percent month on month and down 8.87 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). The total value ...
Tags: Metallurgy, Mineral, Slab
According to South Africa-based Kumba Iron Ore, subsidiary of Anglo American, South Africa's constitutional court has ruled that only Kumba Iron Ore can apply for the remaining 21.4 percent mining right in Sishen iron ore mine. Kumba, ...
Tags: Iron Ore, Metallurgy, Mineral
According to a statement released by the Turkish Iron and Steel Producers' Association (TCUD), in November this year Turkey's crude steel production increased by 0.2 percent both on year-on-year and month-on-month basis to 3.084 million ...
Tags: Crude Steel, Steel, Metallurgy, Mineral
The Mexican pipe producer Tubacero began production this week of 48-inch steel tubes, which will supply the first stage of the Los Ramones pipeline. Teodoro González Garza, director of the company, said they expect to finish ...
Tags: Metallurgy, Mineral, Energy
Canada-based mining company Altius Minerals Corporation (Altius) has announced its financial results for the second quarter and the first half ended October 31, 2013. In the second quarter, the company posted a net loss of C$752,000, ...
Tags: mining, Altius Minerals
The European Economic and Social Committee (EESC) has stated that the action plan of the European Commission (EC) for the European steel industry is not enough and has called for short-term and more concrete solutions alongside the ...
Tags: Steel Industry, Mineral
Recently, Baosteel successfully rolled the world's thinnest ultrahigh strength steel for cars. Its thickness was only 0.5mm, which was comparable to kraft paper; the strength reached 980 MPa, which rivaled commonly used submarine steel. At ...
Tags: Metallurgy, Mineral, Energy, Steel
The Shanghai benchmark copper contract for delivery in February declined by 0.78 percent on the Shanghai Futures Exchange (SHFE) Friday compared to Thursday, ending at 51,160 yuan ($8,429.59) per ton. However, it still climbed by 0.49 ...
Tags: Copper Futures, Mineral