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Copper spirals to 3-week low on demand concerns – The Guardian
Posted on June 22nd, 2009 No commentsIn other base metals, steel-making ingredient nickel fell 5.2 percent to $14,400 a tonne and ended at $14,490 from $15,200, while battery material lead eased almost 6 percent to a near three-week low at $1,595 from $1,695. It was last bid at $1,602.
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apos;Steel cycles have become much shorterapos; – Daily News and Analysis
Posted on June 22nd, 2009 No commentsThe global recession has impacted all commodity sectors, but more so steel. Prices touched an all-time high of over $1200 per tonne and crashed by over 60% from those levels in the same year. Steelmakers across the world are burdened with heavy debts …
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Brazil iron ore miner MMX gets offer from Wuhan – Reuters
Posted on June 22nd, 2009 No commentsSAO PAULO, June 22 (Reuters) – Brazilian iron ore miner MMX ( MMXM3.SA ) said on Monday that it received a nonbinding offer from Chinaos;s Wuhan Iron And Steel Inc for a minority stake in it and its subsidiary MMX Sudeste Mineracao. MMX announced in …
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Coal Miner Exhibit on Display in Charleston – WOWK
Posted on June 22nd, 2009 No commentsThe exhibit includes 40 photographs of miners. CHARLESTON — The history of coal mining is playing a major role at Charlestonos;s Cultural Center this week. A special exhibit honoring Americaos;s Coal Miner is now open to the public. The exhibit features …
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Study says Wyoming coal essential – Billings Gazette
Posted on June 22nd, 2009 No commentsCHEYENNE – Wyomingos;s Powder River Basin coal will be an essential part of the nationos;s energy future even as the country moves toward cleaner power sources, a University of Wyoming professor who studies energy economics says. The point Ios;m trying to …
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Jindal Saw Ltd, bags orders worth more than Rs 1000 Crores – Machinist.in
Posted on June 22nd, 2009 No commentsMumbai : Jindal SAW Ltd. (JSL), part of USD 10 billion Jindal Group, has announced the receipt of Orders/Letter of Intent (the LOI) aggregating to more than Rs 1000 crores (App. USD 210 million) for supply of Large Diameter Pipes and Ductile Iron …
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apos;Steel cycles have become much shorterapos; – Daily News and Analysis
Posted on June 22nd, 2009 No commentsThe global recession has impacted all commodity sectors, but more so steel. Prices touched an all-time high of over $1200 per tonne and crashed by over 60% from those levels in the same year. Steelmakers across the world are burdened with heavy debts …
compliments of steelwarehouse.com
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Tata Motors may have to scale down Jaguar plans – Livemint.com
Posted on June 22nd, 2009 No commentsLondon: If the UK government’s help does not come soon, Indian owner Tata Motors will have to cut down its investment plans for Jaguar Land Rover with possible job losses and plant closures, a media report said on Monday. “If no government help …
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State traders to be worst hit by Maoist bandh – Times of India
Posted on June 22nd, 2009 No commentsRANCHI: The worst impact of the two-day bandh called by the CPI(Maoist) to protest Op Lalgarh by security forces in West Bengal is likely to be on Jharkhandos;s business community. According to rough estimates, the total loss to industries, trade and …
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Study says Wyo. coal essential – Idaho8.com
Posted on June 22nd, 2009 No commentsCHEYENNE, Wyo. (AP) – A new study says Wyomingos;s Powder River Basin coal will be an essential part of the nationos;s energy future even as the country moves toward cleaner power sources. The study was done by Tom Considine, a professor of energy …
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