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Positive signs of recovery for Ricardo
Ricardo plc interim results for 2010 shows a strong balance sheet, improved operating margins, and the profit before tax on continuing operations is up 32% on prior year.
March 1, 2011 11:43:00 AM
Iron ore market likely to absorb hike
Iron ore market likely to absorb hike in export duty if China does not panic.
March 1, 2011 10:33:00 AM
Stainless steel prices driven by nickel traders not market fundamentals
Stainless steel basis prices are increasing, on top of a rapid climb in alloy surcharges over recent months, although there has been no significant upturn in real demand reported from any part of the world.
March 1, 2011 12:08:00 PM
ThyssenKrupp negotiates with Gestamp
Negotiations on the sale of Metal Forming continue with Spanish company Gestamp.
March 2, 2011 8:12:00 AM
Konecranes announces satisfactory profitability
Konecranes has published their Annual Report 2010. Summing up 2010 as "satisfactory profitability despite lower net sales".
March 2, 2011 9:04:00 AM
Automotive industry heads toward overcapacity in Asia
According to a recent report by KPMG, the global automotive industry is about to aggravate overcapacity in the sector due to manufacturers' rapid expansion in Asia.
March 2, 2011 9:34:00 AM
Metso wants to work as one to be number one
Based on a profound internal process during the past year, Metso is clarifying the basis of its operations, with renewed vision, mission and values .
March 2, 2011 10:06:00 AM
Aker Solutions reaches a key milestone
Aker Solutions has reached a key milestone in being selected as one of two remaining players for the delivery competition of the Browse LNG development.
March 2, 2011 10:19:00 AM
Contract workers strike at TATA Steel plant
Some 70 members of UK union Community, most taking their first industrial action, blocked two entrances to TATA's Corus Strip Products mill in Port Talbot.
March 2, 2011 11:04:00 AM
World's largest iron ore exporter will export 5.5% more in 2011
Bloomberg reported that Australia will export 5.5% more of the steelmaking raw material this year. Export will then reach 425 million tonnes of iron ore in 2011
March 2, 2011 11:35:00 AM
Wärtsilä introduces new waterjet series
This new midsize series enhances Wärtsilä's competitive range of stainless steel jets to include all sizes from 510 mm to 3250 mm.
March 3, 2011 10:53:00 AM
Global steel market roundup from Meps
Supply limitations supplemented by scrap shortages and the surging costs of other raw materials, have pushed prices up remarkably quickly over recent months.
March 3, 2011 8:06:00 AM
SKF signs strategic partnership agreement with Sandvik
SKF has signed a three-year strategic partnership agreement with Sandvik Mining and Construction, strengthening the relationship between the two companies.
March 3, 2011 8:23:00 AM
Winds of change felt in European steel market
European steel market is showing ominous signs of peaking with cracks appearing in the hitherto impregnable flat product prices.
March 3, 2011 8:29:00 AM
ArcelorMittal to invest in a leading Thai steel producer
ArcelorMittal has announced that it has signed agreements to invest new capital resulting in a shareholding of 40 percent in G Steel Public Company Limited ("G Steel").
March 3, 2011 8:35:00 AM
Tata Steel sites to raise awareness about cancer
Tata Steel is lending its support to people affected by cancer across the UK by arranging for Macmillan Cancer Support to visit some of the main Tata Steel manufacturing sites across the UK in 2011.
March 3, 2011 8:59:00 AM
TATA Steel Riversdale stake hike spells trouble for Rio bid
TATA Steel has raised its stake in Australia's Riversdale Mining making it harder for miner Rio Tinto to seal its AUD 3.9 billion bid for the Mozambique focused coal miner.
March 3, 2011 9:18:00 AM
Wärtsilä receives order for groundbreaking vessel
The vessel will be the largest passenger ferry to operate on liquefied natural gas (LNG), making it the most environmentally sound and energy efficient large passenger vessel in the industry to date.
March 3, 2011 10:15:00 AM
European long product market in throes of uncertainty
Long products market is emanating contradictory signals.
March 3, 2011 10:33:00 AM
REpower introduces first 3 MW turbine with a 143 meter hub height
REpower: Hybrid tower made of concrete and steel is a more economic alternative to the classic steel tower.
March 4, 2011 9:11:00 AM
Wärtsilä receives major power plant order
Wärtsilä will supply the world's largest gas engines for a new Turkish power plant with a combined output of 135 MW.
March 4, 2011 8:21:00 AM
ThyssenKrupp saved around 45 million euros since 2009
ThyssenKrupp Steel Europe’s smart energy efficiency program has saved around 45 million euros since 2009. In view of the increasing energy and raw materials prices worldwide, the program is a good investment.
March 4, 2011 10:34:00 AM
Alstom signs agreement to develop Russia's "Silicon Valley"
Alstom signs agreement to develop Skolkovo technology city in Russia. The agreement covers multi-faceted cooperation.
March 4, 2011 11:03:00 AM
Global steel price jumps 10 percent in February - Meps
MEPS reported that good overall demand helped mills in all regions to implement price hikes in February as they attempted to recover their escalating input costs.
March 4, 2011 8:11:00 AM
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