Category «News»

Completion of acquisition of indirect controlling interest in OJSC Raspadskaya by EVRAZ plc

Further to the announcement on 4 October 2012 by EVRAZ plc (LSE: EVR) (“EVRAZ”) that it had agreed the terms of an acquisition of a further 50% interest in Corber Enterprises Limited (“Corber”), which holds an 82% interest in OJSC Raspadskaya and its subsidiaries (“Raspadskaya”), from Adroliv Investments Limited (the “Seller”), a company jointly owned …

SSINA RELEASES MARKET DATA FOR OCTOBER 2012

(Washington, D.C., January 15, 2013) – The Specialty Steel Industry of North America (“SSINA”) has released statistical data on imports, U.S. consumption, and import penetration for YTD October 2012. The data represents U.S. consumption, imports, and import penetration for October 2012 compared to the same 2011 ten month period. The following data is presented by specialty steel product …

Honeywell Introduces 6 Degrees of Freedom Inertial Measurement Unit, 6-D Motion Variant

6-Dimensional Motion Sensor Enables Precise Control and Increases Accuracy, Stability, Safety, and Operator Productivity MINNEAPOLIS, Jan. 15, 2013 – Honeywell (NYSE:HON) announced today it has introduced its Inertial Measurement Unit (IMU), 6-D Motion Variant, 6DF Series, designed to provide motion, position, and navigational sensing from a durable single device over six degrees of freedom. The …

Stillwater Mining Company Reports on 2012 Mine Production Results and Montana Expansion Projects

Total 2012 Palladium and Platinum Production Exceeds Guidance Montana Mine Expansion Projects Continue to Show Significant Progress BILLINGS, MT–(Marketwire – January 15, 2013) – STILLWATER MINING COMPANY (NYSE: SWC) (TSX: SWC.U) reported today that its mined production of palladium and platinum for the fourth quarter 2012 was 132,500 ounces and for the year 2012 was …

IIM Lucknow signs MoU with Powergrid Corporation of India Ltd.

The Indian Institute of Management, Lucknow and Powergrid Corporation of India Ltd. today signed a Memorandum of Understanding, entering into long term collaboration in various areas of business and organisational development for Powergrid Corporation of India Ltd. by exchanging intellectual resources and infrastructure. Powergrid Corporation of India Ltd. is one of the largest transmission utilities …

SMS Siemag to modernize Vizag Steel converter shop

Visakhapatnam Steel Plant (Vizag Steel), India, has contracted SMS Siemag, Germany, as the leader of a consortium for the modernization and expansion of their converter shop No. 1 in Visakhapatnam. The aim is to increase annual production from 3.2 to 3.6 million t of steel as well as to improve environmental protection by installing an …

PM’s remarks on the occasion of the conferment of DAE’s Lifetime Achievement Awards 2011

Following is the text of the Prime Minister, Dr. Manmohan Singh’s remarks on the occasion of the conferment of Department of Atomic Energy’s Lifetime Achievement Awards 2011 in New Delhi today: “I am delighted that we are today honouring four of our most distinguished scientists for their outstanding achievements and very important contributions in the …