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News & Press

Read about recent events, essential information and the latest industry news.

Industry News
Wednesday, October 31, 2012 Alert Steel (AET) has reduced its net loss for the year ended June by 46% to R73 million from R135. » http://www.bizcommunity.com/Article/196/365/84435.html
Wednesday, October 31, 2012 An industrial official has warned that the Chinese steel industry will be a big cause for concern i » http://news.xinhuanet.com/english/business/2012-10/31/c_131943063.htm
Wednesday, October 31, 2012 ArcelorMittal (MT), the world’s biggest steelmaker, reported the lowest quarterly profit in almost » http://www.bloomberg.com/news/2012-10-31/arcelormittal-profit-falls-as-economic-crisis-curbs-steel-prices.html
Wednesday, October 31, 2012 On Oct. 30, 2012, Chinese 316 stainless steel scrap saw the biggest change on MetalMiner’s stainles » http://agmetalminer.com/2012/10/31/china-316-stainless-steel-scrap-price-drops-almost-2/
Wednesday, October 31, 2012 Instead of completing the R230-million dust-extraction system at its Vanderbijlpark plant » http://www.engineeringnews.co.za/article/mittal-shuts-vanderbijl-electric-arc-furnace-2012-10-31
Wednesday, October 31, 2012 The worst of the declines in Asia- Pacific economies may be moderating, as Taiwan resumed growth la » http://www.bloomberg.com/news/2012-10-31/taiwan-economy-recovers-as-exports-improve-on-chinese-demand.html
Wednesday, October 31, 2012 The Port of Lake Charles will make $100 million worth of improvements to its Bulk Terminal No. 1 in » http://www.americanpress.com/news/local/Port-to-make-100-million-in-improvements-ahead-of-Leucadia-agreement
Wednesday, October 31, 2012 A fire broke out Tuesday at BP BP.LN +1.43% PLC's Texas City refinery, Texas City officials and BP » http://online.wsj.com/article/SB10001424052970203335504578089130939895370.html
Wednesday, October 31, 2012 U.S. gasoline and heating oil futures slid on Tuesday, pulling back from pre-Hurricane Sandy gains » http://www.reuters.com/article/2012/10/30/us-markets-oil-idUSBRE89S01X20121030
Tuesday, October 30, 2012 The second-largest refinery on the East Coast has suffered "some" flooding and a power outage becau » http://www.reuters.com/article/2012/10/30/us-storm-sandy-refining-idUSBRE89T0A120121030
Tuesday, October 30, 2012 The move follows news earlier this month that the private industrial group was looking to buy an It » http://www.reuters.com/article/2012/10/29/klesch-italian-steelmaker-idUSL5E8LTFWV20121029
Tuesday, October 30, 2012 Following is a table of customs-cleared coking coal imports for September released by Japan's Minis » http://af.reuters.com/article/commoditiesNews/idAFL3E8LU0QT20121030
Tuesday, October 30, 2012 BHP Billiton said it expects its coking coal production capacity to reach 66 million tonnes a year » http://af.reuters.com/article/commoditiesNews/idAFS9E8LF01620121029
Tuesday, October 30, 2012 Russian steelmaker and coal miner Mechel said sales volumes of coking and energy coal fell year-on- » http://www.reuters.com/article/2012/10/29/russia-mechel-output-idUSL5E8LTGEH20121029
Tuesday, October 30, 2012 Hurricane Sandy’s economic toll is poised to exceed $20 billion after the biggest Atlantic storm sl » http://www.businessweek.com/news/2012-10-29/hurricane-sandy-threatens-20-billion-in-u-dot-s-dot-economic-damage
Tuesday, October 30, 2012 U.S. refinery and pipeline companies that nearly halted East Coast fuel supplies ahead of Hurricane » http://www.reuters.com/article/2012/10/30/storm-sandy-refining-idUSL3E8LU1UD20121030
Monday, October 29, 2012 More than two-thirds of the U.S. East Coast's refining capacity shut on Monday ahead of Hurricane S » http://www.reuters.com/article/2012/10/29/us-storm-sandy-refining-idUSBRE89S0K920121029
Monday, October 29, 2012 Economic growth in the U.S. was stronger than forecast in the third quarter, propelled by gains in » http://www.bloomberg.com/news/2012-10-26/economy-in-u-s-expands-at-2-annual-rate-more-than-forecast.html
Monday, October 29, 2012 U.S. economy remains on a treadmill in the third quarter, rising 2 percent from the 1.3 percent in » http://www.forbes.com/sites/kenrapoza/2012/10/26/u-s-gdp-at-2-economy-continues-on-treadmill/
Monday, October 29, 2012 Essar Oil created history by becoming the first Indian company to directly supply petcoke to a bulk » http://www.essar.com/playvideo.aspx?cont_id=cN6JhAUEcsA=
Monday, October 29, 2012 This project, employing commercially proven gasification technologies to cleanly manufacture indust » http://www.equities.com/news/news-headline-story?dt=2012-10-29&val=642785&d=1&cat=headline
Monday, October 29, 2012 PBF Energy, which operates a 190,000-barrels-per-day plant in Delaware City, began to cut rates by » http://www.reuters.com/article/2012/10/28/us-storm-sandy-energy-idUSBRE89R0IO20121028
Monday, October 29, 2012 Oil refineries along the U.S. Atlantic Seaboard, having put their storm preparedness plans in place » http://www.reuters.com/article/2012/10/28/storm-sandy-energy-idUSL1E8LS0R620121028
Monday, October 29, 2012 A spokesman for Exxon Mobil said Oct. 26 that there is a planned turnaround underway at the 192,500 » http://www.nasdaq.com/article/refinery-status-turnaround-underway-at-chalmette-la-refinery-20121026-00841#.UI5le2-A5WI
Friday, October 26, 2012 Commercial stocks of primary aluminium in China have doubled this year after consumption slowed whi » http://www.reuters.com/article/2012/10/26/china-aluminium-idUSL3E8LQ1D120121026
Friday, October 26, 2012 Australia's Whitehaven Coal said on Friday the price of semi-soft coking coal is likely to be settl » http://af.reuters.com/article/metalsNews/idAFM0E8LQ00120121026
Friday, October 26, 2012 Spanish unemployment climbed to a fresh record in the third quarter as a deepening recession left o » http://www.sfgate.com/business/bloomberg/article/Spain-s-Unemployment-Reaches-Record-as-Bailout-3983688.php
Friday, October 26, 2012 Japan's Cabinet approved a 423 billion yen ($5.3 billion) economic stimulus package on Friday, movi » http://www.businessweek.com/ap/2012-10-25/japan-oks-new-stimulus-spending-for-ailing-economy
Friday, October 26, 2012 Now a new drilling boom in South Texas is delivering local crude oil several dollars a barrel cheap » http://www.cnbc.com/id/49554626
Thursday, October 25, 2012 India's thermal and coking coal imports rose 18 percent to 63.98 million tonnes in April to Septemb » http://in.reuters.com/article/2012/10/23/india-coal-imports-idINDEE89M0AB20121023
Thursday, October 25, 2012 Australian coal-to-supermarkets conglomerate Wesfarmers Ltd said it had agreed an average 26 percen » http://www.reuters.com/article/2012/10/24/wesfarmers-coal-prices-idUSS9E8LF00U20121024
Thursday, October 25, 2012 Britain exited a double-dip recession in the third quarter with the strongest growth in five years » http://www.bloomberg.com/news/2012-10-25/u-k-economy-surges-1-as-britain-exits-double-dip-recession.html
Thursday, October 25, 2012 Euro zone businesses suffered another dismal month in October, suggesting the economy may be headed » http://www.reuters.com/article/2012/10/24/economy-global-idUSL1E8LO46Q20121024
Thursday, October 25, 2012 Activity in Germany's manufacturing and service sectors declined for a sixth straight month in Octo » http://www.reuters.com/article/2012/10/24/us-markets-global-idUSBRE88901C20121024
Thursday, October 25, 2012 Indian refiners processed 11.4 percent more oil in Septemner than a year ago, a fifth straight mont » http://af.reuters.com/article/energyOilNews/idAFL3E8LP1KV20121025
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