Tag «Steel»

Siemens invests in environmental specialist LanzaTech

• Investment complements existing collaboration in development and marketing of environmental solutions for steel industry The Venture Capital unit of Siemens Financial Services and central venture capital organization of Siemens (SFS VC) is investing in LanzaTech, a US-based technology leader in the biological generation of fuels and basic chemicals from industrial waste gases. The Siemens …

Index of Core Eight

The Eight Core Industries have a combined weight of 37.90 % in the Index of Industrial Production (IIP). The combined Index of Eight Core Industries stands at 168.2 in January, 2014, which was 1.6 % higher compared to the index of January, 2013. Coal Coal production (weight: 4.38 %) declined by 0.7 % in January, 2014 …

EU Action Plan for Steel: “The real emergency in terms of policy is the energy and climate policy in Europe”

The Commission meets 14 member states and the CEOs of the EU’s largest steelmakers European Commission Vice-President Antonio Tajani and the Commissioner for Employment, László Andor, have convened a High Level Group on the future of the European steel industry, meeting tomorrow, 4 December, in Brussels. The 14 largest steel producing EU member states, the …

Chinese Companies Sign MoUs for Procuring 338 Million USD Products from Indian Companies. Commerce Department Organize B2B Matchmaking Companies to Promote Indian Exports

In a structured process of procurement of Indian products15 MoUs between Indian and Chinese companies, worth value of 338 million USD were signed today. The products regarding which procurement MoUs were signed include zinc concentrates & copper concentrates, cotton yarn, frozen fish/ linter, cotton & cotton yarn, menthol, castor oil &guar gum, acrylic tow, Indian …

Production and Consumption of Steel

The Minister of Steel, Shri Beni Prasad Verma has said that data on production for sale, real consumption and stock of total finished steel (alloy + non-alloy) during the last three years and the current year is given below:-   Year Total Finished Steel (alloy + non-alloy)   (million tonnes or mt) Production for sale Real Consumption …

Steel on Stilts? – Chawm Ganguly

The Rupee is on a free fall. And naturally, in its wake, it has dealt a body blow to all industries dependent on imports. Take metallurgical coke for instance. This vital raw material for those producing steel through the blast furnace route is rising, reflecting the Rupee-Dollar dichotomies.  While the merchant coking coal companies are …

EVRAZ Q2 2013 PRODUCTION REPORT

EVRAZ plc (LSE: EVR) today releases its operational results for the second quarter of 2013. Q2 2013 OPERATIONAL HIGHLIGHTS:   Consolidated crude steel production was flat in Q2 2013 vs. Q1 2013 and the Company’s key steelmaking facilities in Russia and North America continued operating at high utilisation rates Output of steel products increased by …

Mechel Reports 1Q2013 Operational Results

Moscow, Russia – May 13, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces 1Q2013 operational results. Production: Product Name 1Q2013, thousand tonnes 4Q2012, thousand tonnes % 1Q2013, thousand tonnes 1Q2012, thousand tonnes % Run-of-mine coal 6,406 6,970 -8 6,406 6,413 0 Pig Iron 972 1,054 -8 972 …

Mechel Announces Board of Directors’ Resolutions

Moscow, Russia — April 22, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the resolutions of Mechel OAO’s Board of Directors. The Board of Directors of Mechel OAO (the Company) held a meeting on April 19, 2013. The following resolutions were adopted at the meeting: 1. To …