Monthly archives: November, 2012

Formosa Heavy Industries orders four continuous casting lines from Siemens for major steelmaking project in Vietnam

Siemens Metals Technologies received an order from the Taiwanese steelmaking company Formosa Heavy Industries Co. to supply four continuous casting lines as part of the new construction of a steelmaking plant in Vung Ang, Vietnam. The order is specifically for two slab casters, one billet caster and one bloom caster with a total installed capacity …

PR Newswire announces media partnership with Davos Sports Forum

London November 26tth 2012 PR Newswire (www.prnewswire.co.uk ), the global leader of innovative communications and marketing solutions, today announced that it has signed an agreement to become the Official Media partner for the 2013 Davos Sports Forum, held March 8-10th at the Davos Convention Centre in Switzerland. The Forum is an independent international organisation committed …

The threats posed to the steel industry by Land Acquisition, Mine Allocation & Environment Clarence – Chawm Ganguly

The biggest threat posed to the Indian Steel Industry, at least in terms of green-field growth are Land acquisition, mine allocation and environment clearance. While some brown-field additions to capacity have taken place in SAIL and Jindal plants, the overall growth scenario has almost come to a standstill. As a matter of fact production of …

The Three Phases of a Trade – Umesh Shanmugam

The ANTICIPATION Phase: this is where all the left hand chart reading takes place in preparation for the right hand chart battle. It’s the PROCESS that precedes the ACTION to put on a trade. A technical trader anticipates that a past price pattern will repeat again, so he identifies the pattern, locates a current one …

U.S.A. customer places order with SMS Siemag – SMS Siemag LLC to supply hydraulic oscillation system to Gallatin Steel

Gallatin Steel, Warwas , Kentucky, has awarded SMS Siemag LLc, Pittsburg, PA, a contract to design and supply a hydraulic oscillation system to replace the originally supplied electro-mechanical system. The installation is part Gallatin’s continuing efforts to enhance product quality, improve operational flexibility and reduce maintenance costs. The four-cylinder oscillator system facilitates precise movements of …