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Iberdrola to construct 1,020 MW substation in Russia
The Spanish company is awarded a €32 million contract by RusHydro and the facility will become the largest electricity transmission enclave in central Russia
April 16, 2014 4:13:00 PM
SKF Q1 highligts
Financial key figures have improved for SKF as Q1 2014 numbers are revealed.
April 16, 2014 3:36:00 PM
ArcelorMittal accepts Siemens logistics solution
The logistics system provides ArcelorMittal with a picture of its stock at all times and the over 40,000 slabs that pass through the slab storage each year.
April 16, 2014 2:15:00 PM
Rio Tinto signs direct iron ore supply agreement with General Steel
Rio Tinto is to supply Chinese General Steel with at least 1.5 million tonnes of imported iron ore.
April 16, 2014 1:49:00 PM
Peril looms on iron ore market with unsecured inventory pile up in China
A crackdown in China on financing backed by commodities risks unleashing a flood of iron ore sales from mountain of raw material sitting at Chinese ports, raising the prospect of a renewed price slump.
April 16, 2014 12:56:00 PM
Human error caused molten steel accident in Vietnam
It was a human error that caused 150 tonnes of molten steel to spill, setting off an explosion that injured 13 workers, police say.
April 16, 2014 12:32:00 PM
Ricardo-AEA lands two flagship UK water projects
Ricardo-AEA has won two new flagship contracts and the company is to address issues such as water resources management, water quality, urban drainage, flood risk and water policy.
April 16, 2014 12:24:00 PM
Siemens receives €1 billion BorWin3 order
The German company will be consortium leader of the 900 megawatt offshore wind farm grid in the North Sea. The order is awarded by TenneT.
April 16, 2014 11:51:00 AM
Zisco bankruptcy - Workers feel the heat
Although tough, a job in the shadows of the chimneys at Zisco was better in the sooty era.
April 16, 2014 10:24:00 AM
Industry experts see no overcapacity in auto industry in China
Despite reports to the contrary, China's auto industry is not facing overcapacity as sales soar and Chinese companies continue on a steady path of internationalization.
April 16, 2014 9:00:00 AM
Potential buyer found for under threat Tata Steel foundry
A restructuring process is due to begin on Monday to reduce the size of the foundry to meet the needs of the potential buyer.
April 15, 2014 2:33:00 PM
Outokumpu looks back on a difficult year
Outokumpu is in a substantially better financial position today compared to last year, said the CEO at Outokumpu’s annual general meeting.
April 15, 2014 2:26:00 PM
Severstal Q1 Group highlights
Russian steel-company Severstal has announced its operational results for Q1 2014
April 15, 2014 2:05:00 PM
Atlas Copco to acquire compressor distribution
Atlas Copco’s U.S.-based Quincy Compressor has agreed to acquire the compressor business of National Pump & Compressor and McKenzie Compressed Air in the United States.
April 15, 2014 2:00:00 PM
13 injured in steel melting shop accident in Vietnam
Thirteen workers were injured, some seriously burnt when a ladle containing some 150 tonnes of melted steel at exploded at a factory in the southern province of Ba Ria Vung Tau.
April 15, 2014 1:10:00 PM
Scania to deliver 200 refuse trucks to Italy
Scania has won a public tender in Milan, Italy, to supply up to 200 trucks for refuse collection. The order includes service contracts for the vehicles.
April 15, 2014 12:29:00 PM
ThyssenKrupp denies USD 3.4 billion Saudi submarine deal
Germany's ThyssenKrupp denied a media report saying that the industrial conglomerate is about to sign a USD 3.4 billion contract to sell submarines to Saudi Arabia.
April 15, 2014 12:15:00 PM
Revenues drop at LM Wind Power
The blade manufacturer managed to reduce negative impact on earnings as revenues drop significantly.
April 15, 2014 12:00:00 PM
GWEC: The global market is back on track for 2014
According to the Brussels-based wind power lobby global wind capacity is to bounce back from 2013 decline.
April 15, 2014 11:45:00 AM
TATA Steel celebrates 150th anniversary of Scunthorpe iron making
Thousands of past and present steelworkers around the world will be celebrating the 150th anniversary of the start of iron making in Scunthorpe this year.
April 15, 2014 11:33:00 AM
Rio Tinto delivers strong first quarter production
Rio Tinto starts the year with a series of performance records. Highlights include record first quarter iron ore production, shipments and rail volumes.
April 15, 2014 11:21:00 AM
JMC Steel Group announces $35 million plant modernization project
CEO: - The result will be a revitalized and modernized facility which will be poised to aggressively grow the standard pipe market and compete long into the future
April 15, 2014 10:46:00 AM
Glencore Xtratra sells peruvian copper mine
Glencore Xstrata plc has signed an agreement for the sale of its entire interest in the Las Bambas copper mine project to a consortium
April 15, 2014 8:50:00 AM
Metso gets follow-up order for valve technology
Metso gets follow-up order for valve technology from Sino-Venezuela Guangdong Petrochemical Company in China. The delivery includes four-way valves and tower bottom feeding valves.
April 14, 2014 1:51:00 PM
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