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Kongsberg Automotive secures contract worth EUR 62.5 Million
Kongsberg Automotive (KA) has secured a contract with a premium European OEM for the supply of massage systems worth an estimated total of EUR 62.5 Million (NOK 518 Million) over its lifetime.
December 5, 2013 10:27:00 AM
Damstahl: Still a fierce price competition
Damstahl has published its “Stainless Steel Report December 2013”. Even though a recovery – or at least stabilization – of the demand is in sight, all Damstahl countries report about tough price competition.
December 5, 2013 10:14:00 AM
Ruuki to deliver to thermosolar plant in Morocco
Ruukki has signed a contract to deliver nine thousand tonnes of metal-coated, high-strength steel to the Spanish company CIE EGAÑA. The deliveries will begin at the start of 2014.
December 5, 2013 9:43:00 AM
German based REIF acquires 16 MW wind power asset from O2
Renewable Energy Infrastructure Fund (REIF) has signed an acquisition contract with O2 for eight turnkey wind turbines at Mässingberget in Dalarna, Sweden.
December 5, 2013 9:35:00 AM
Kongsberg signs Framework Agreement
Kongsberg has signed a long term Framework Agreement with the Norwegian Defence Logistics Organization (NDLO) for support, maintenance and further development of systems delivered by Kongsberg onboard the RNoN's combat vessels and training centers.
December 4, 2013 2:13:00 PM
Alstom inks substation contract
A consortium led by Alstom has been awarded the contract worth 9.25 million euros to build the new «Hürlistein» substation located on the Zürich-Winterthur line for Swiss Railways (SBB).
December 4, 2013 1:50:00 PM
Corus needs to look beyond Europe and US for revival - Mr Ratan Tata
According to Tata group chairman emeritus Mr Ratan Tata, CorusTata Steel Europe, formerly known as Corus, needs to look beyond Europe and US and focus on emerging markets to revive its fortune.
December 4, 2013 8:37:00 AM
Meps predicts an imminent steel price upturn
The Meps - Global Steel Price is forecast to expand by approximately six percent over the next five months.
December 3, 2013 2:51:00 PM
Rolls-Royce wins additional $28M contract in China
Rolls-Royce has announced a $28 million contract to supply PetroChina with equipment and services to expand the flow of natural gas through the Lunnan - Tulufan branch of the second West to East Pipeline Project (WEPP II).
December 3, 2013 2:34:00 PM
Alstom Transport rewarded for its responsible supplier relationships
Alstom Transport received the "Relations Fournisseur Responsables" (responsible supplier relationships) quality label from Pierre Pelouzet, French mediator for inter-enterprises relations.
December 3, 2013 2:15:00 PM
Severstal distributor sales increase by 5pct in 9M 2013
In 9M 2013, the Distribution Network of the Russian Steel Division of OAO Severstal, one of the world’s leading steel and steel-related mining companies, increased sales by 5% and more than doubled its EBITDA to $19 million on 9M 2012.
December 3, 2013 1:43:00 PM
Rio Tinto agree £6m mining partnership
The University of Nottingham and Rio Tinto have agreed a £6 million, five year partnership to deliver the next generation of innovative technologies for the mining industry.
December 3, 2013 1:27:00 PM
Bombardier and China Express Airlines sign agreements
Bombardier Aerospace said that China Express Airlines, has placed a firm order for three CRJ900 NextGen airliners, as well as entered into conditional purchase agreements for five CRJ900 NextGen aircraft with options on an additional eight CRJ900 NextGen aircraft.
December 3, 2013 9:11:00 AM
Alstom and Arabian Bemco to set up a JV
Alstom and Arabian Bemco Contracting Co. Ltd have signed an agreement to create a joint venture (JV) company, Alstom Arabia Power Factory Ltd.
December 3, 2013 8:37:00 AM
GE to use new 7.5MW test centre
GE has signed up as the first customer of Clemson University's new 7.5MW drive-train testing facility.
December 3, 2013 8:29:00 AM
Stadler reinforces service business
Last week, Stadler Rail signed a contract with Voith regarding the sale of the Voith service subsidiary in the Netherlands.
December 3, 2013 8:08:00 AM
Alstom wins shunt reactor package
Alstom T&D India has won an order worth approximately INR 790 million (€9 million) from Powergrid Corporation of India Limited (PGCIL) to provide 14 shunt reactors for the 765 kV electrical substations at Kanpur and Jhatikara in the Uttar Pradesh state.
December 2, 2013 5:00:00 PM
650 Tata Steel workers interested in voluntary redundancy
Around 650 workers at Tata Steel Scunthorpe have expressed an interest in taking voluntary redundancy – nearly double the number of positions Tata Steel wants to axe.
December 2, 2013 3:48:00 PM
Saab focuses on China as production of 9-3 sedan restarts
National Electric Vehicle Sweden AB has started production of the Saab 9-3 Aero Sedan with a petrol engine.
December 2, 2013 3:24:00 PM
Meps: Modest nickel price increases anticipated for the near term
Nickel prices are forecast to rise in the short term despite LME stocks being at record levels, having recently broken through the 250,000 tonne mark for the first time.
December 2, 2013 3:20:00 PM
Permanova delivers a laser station to Volvo Cars in China
Permanova Lasersystem has started up a laser station in Chengdu, for laser welding and cutting of car bodies.
December 2, 2013 12:48:00 PM
Outokumpu divests Terni and VDM to ThyssenKrupp
Outokumpu has announced comprehensive measures to strengthen its balance sheet and divests Terni and VDM to ThyssenKrupp.
December 2, 2013 8:30:00 AM
Saab to resume making cars in Sweden
Saab is set to restart production two years after it filed for bankruptcy.
December 2, 2013 8:28:00 AM
Your weekly laugh
Start your week with a funny feature. Metal Supply brings you your weekly laugh.
December 2, 2013 8:10:00 AM
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