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2013-05-18 --With the release of Minnesota's annual export report, officials gathered in Duluth on Friday to point out that the Duluth - Superior port is a big part of the state's record-high exports. The port accounted for 26 % of the state's record US Dollars 20.6 billion in exports in 2012. , it's responsible for 11,500 jobs, as reported by Katie Clark Sieben , Minnesota Department of ...
New Members Approved at Semi-Annual Meeting in San Diego CHARLESTON, S.C. --(BUSINESS WIRE)-- During the semi-annual board meeting for the Forging Market Association ? Department of Defense Manufacturing Consortium (FDMC) held on 2013-05-04 th , the Executive Advisory Board announced changes in board membership , leadership. Mr. Len Liu...
May 17 -- Tata Steel (Thailand) Plc (TSTH), Thailand's largest maker of long steel, is upbeat about bouncing back to profitability in its fiscal 2014 started 2013-04-01 . This confidence stems largely from government pledges to enforce anti-dumping duties on cheap imports as well as higher domestic consumption. Peeyush Gupta , the president , chief executive, said through fiscal 2013 en...
The European Commission is finalising the Union's steel action plan. Participants in the high-level round table met, on 16 May, for the last time ahead of publication of the final document, set for early June. Commissioner Antonio Tajani (enterprise , Market) briefly described some of its content. The plan will take account of the cost of energy, the EU's climate policy, the cost of r...
U.S. Patent granted to Nippon Steel & Sumitomo Metal on 2013-05-14 for "Cooling apparatus, cooling method, manufacturing apparatus , manufacturing method of hot-rolled steel sheet" (Japanese Inventors) ALEXANDRIA, Va. , May 17 -- United States Patent no. 8,440,133, issued on May 14 , was assigned to Nippon Steel & Sumitomo Metal Corp. ( Tokyo ). "Cooling apparatus, cooling method, manu...
Sutor Technology Group to Present at 2 Investment Conferences in Vancouver , New York City CHANGSHU, China , 2013-05-16 /PRNewswire-FirstCall/ - Sutor Technology Group Limited (the "Industry player" or "Sutor") (Nasdaq: SUTR), a leading China -based non-state owned manufacturer , distributor of high-end fine finished steel products , welded steel pipes used by a vari...
CHANGSHU, China , 2013-05-16 /PRNewswire-FirstCall/ - Sutor Technology Group Limited (the "Industry player" or "Sutor") (Nasdaq: SUTR), a leading China -based non-state owned manufacturer , distributor of high-end fine finished steel products , welded steel pipes used by a variety of downstream applications, today announced that it will present at 2 investment conf...
2013-05-16 -- SPRINGFIELD -- CodeBlue expects to add 30 to 35 jobs in the next 5 months after receiving additional federal funds to pay for on-the-job training. County commissioners unanimously approved plans to allow the Department of Job & Family Services of Clark County to provide an additional US Dollars 30000 in Workforce Investment Act funds to CodeBlue. Commissioners last year approved $...
WireCo WorldGroup Appoints Christopher Ayers President , Chief Executive Officer KANSAS CITY, Mo. , 2013-05-15 /PRNewswire/ -- WireCo WorldGroup, 1 of the world's largest manufacturers of steel , synthetic lifting products, today announced the appointment of Christopher L. Ayers as President , Chief Executive Officer, effective July 7, 2013 . Mr. Ayers will replace i...
KANSAS CITY, Mo. , May 15, 2013 /PRNewswire/ -- WireCo WorldGroup, 1 of the world's largest manufacturers of steel , synthetic lifting products, today announced the appointment of Christopher L. Ayers as President , Chief Executive Officer, effective July 7, 2013 . Mr. Ayers will replace interim CEO Stephan Kessel , who has served since April 2013. Mr. Ayers...
Venezuela , Colombia are increasing their stake in Chinese finished steel exports to Latin America as traditional destinations like Brazil see their share reduced, as reported by a report from regional steel association Alacero. Chinese finished steel exports to Latin America totaled 952,000t in First quarter, up 9 % over the same period last year. While 48 % of these shipments went to 3 cou...
2013-05-15 --UPDATED at 1:45 p.m. with name of victim. ST. LOUIS COUNTY --A 55-year-old worker died in an apparent electrocution this morning at a manufacturing plant, police say. Another worker at St. Louis Cold Drawn incorporated arrived at the plant at 4:15 a.m. to find Mach V. Nguyen unconscious on...
By a News Reporter-Staff News Editor at Journal of Technology -- Research findings on Materials Science are discussed in a new report. as reported by news originating from Pontiac, Michigan , by VerticalNews correspondents, research stated, "To improve mechanical properties , particularly corrosion resistance of aluminum high pressure die castings, a new Al-Si based alloy was developed by ...
Georgia , Tbilisi , May 15 / Trend N. Kirtzkhalia / The producer price index fell by 0.8 % in Georgia in April 2013 compared to the previous month. The Georgian Statistics Agency said today that the producer price index increased by 62 % compared to the average index of 2005. A price change in the following ...
(SeeNews) - 2013-05-15 - German steel group ThyssenKrupp AG (ETR:TKA) said today it wants to cut 3,000 administration jobs, half of which are in Germany , as part of its cost-cutting programme. In the months to come, every fifth position in the administrative division of the Industry player will be cut. ThyssenKrupp aims to cut costs by...
Eighty 8 ships carrying different cargoes are expected in Lagos ports between 2013-05-14 , May 28 , the Nigerian Ports Authority (NPA) has said. In its daily publication: "Shipping Position" issued in Lagos on Tuesday, the NPA said that 15 other ships we...
Seoul ( The Korea Herald /ANN) - The weak yen has led to an average 5 % decrease in the price of Japanese export products, dealing a blow to their Korean ...
DGAP-News : SKW Stahl-Metallurgie Holding AG / Key word(s): Quarter Results SKW Stahl-Metallurgie Holding AG : SKW Metallurgie with solid profits in First quarter 2013 15.05.2013 / 07:08 --------------------------------------------------------------------- SKW Metallurgie with solid profits in First quarter 2013 * Consolidated revenues of Euros 87.8 million characterized by weaker demand for steel * Solid E...
SEOUL , May 15 (Xinhua) -- South Korea posted a trade surplus for 15 straight months due to a reduction in imports that offset a slower growth in exports, customs data showed Wednesday. Trade surplus was 2.45 billion U.S. dollars in April after posting a surplus of 3.24 billion dollars in the prior month, as reported by the Korea Customs Service (KCS). Exports increased 0.4 % f...
Chung Joon Yang , Chairman , CEO of Posco , South Korea is to be named ?Steelmaker of the Year? at AISTech 2013, the Iron , Steel Technology Conference , Exposition to be hosted by Association for Iron , Steel Technology (AIST) on 2013-05-06 - 9 in Pittsburgh, USA . Mr. Chung is recognized as a visionary for steel Market due to his knowledge of steel operations, new raw mat...
Latin America has maintained its position as the 2nd largest importer of Chinese finished steel, receiving 952,000t, or a 9.2 % increase year-on-year, as reported by a report from regional steel association Alacero. During 2012, China supplied 7 % of Latin America's apparent finished steel consumption , accounted for 23 % of the region's finished steel imports. Latin America trails b...
Special Note Regarding Forward Looking Statements In addition to historical information, this report contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, , Section 21E of the Securities Exchange Act of 1934, as amended. We use words such as "believe," "expect," "anticipate," "project," "target," "plan," "optimistic," "intend," "...
Tata steel has been forced to write off US Dollars 1.6 billion (pounds 1.04bn) from the value of its assets, raising questions about the future of its UK business. The steel conglomerate, which employs 18,500 people at former Corus steelworks in Britain , blamed the huge writedown on weak demand in Europe since the onset of the global economic slowdown. "The impairment is primarily due to a we...
2013-05-14 -- LEIPSIC -- Pro-Tec Coating Company celebrated the opening of a new US Dollars 400 million line Monday that will add 500,000 tons of capacity for high-strength, lighter-weight steel. The investment in a new line , automated warehouse will mean the addition of 80Industry playerthe company announced, for a total of 317 at the facility. Pro-Tec is a joint venture between United States Steel Corp. ...
By Targeted News Service ALEXANDRIA, Va. , 2013-05-14 -- William Shawn Hacker , American Canyon, Calif. , has developed a patent (8,434,991) for a vehicle-mounted container lift. The abstract of the patent published by the U.S. Patent , Trademark Office states: "An apparatus for loading a container (e.g., a 16-foot container or other storage box) onto a truck, trailer, or other vehicle...
Tata steel has been forced to write off US Dollars 1.6 billion (pounds 1.04bn) from the value of its assets, raising questions about the future of its UK business. The steel conglomerate, which employs 18,500 people at former Corus steelworks in Britain , blamed the huge writedown on weak demand in Europe since the onset of the global economic slowdown. "The impairment is primarily due to a we...
BEIJING , 2013-05-14 (Xinhua) ? 1. China's steel Market earned profits of 2.5 billion yuan in the Q1, with the profit rate at 0.9 %, when the Market had total assets of up to 4.3 trillion yuan , China Iron , Steel Association said. In the Q1, 30 of China's 86 large , midsize steelmakers incurred losses, totaling 6....
United States Steel Corporation , Kobe Steel, Ltd. , Of Japan Commission PRO-TEC Coating Industry player Continuous Annealing Line LEIPSIC, Ohio , 2013-05-13 /PRNewswire/ -- Today, United States Steel Corporation (NYSE: X) , Kobe Steel, Ltd. , of Japan formally commissioned the new Continuous Annealing Line at their joint venture PRO-TEC Coating Industry player . PRO-TEC will now proces...
LEIPSIC, Ohio , 2013-05-13 /PRNewswire/ -- Today, United States Steel Corporation (NYSE: X) , Kobe Steel , Ltd., of Japan formally commissioned the new Continuous Annealing Line at their joint venture PRO-TEC Coating Industry player . PRO-TEC will now process some of the strongest , most formable grades of steel in North America. These new grades will assist automotive manufactu...
LITTLE ROCK, Ark. -- Arkansas' chief economic development official expects construction on the proposed US Dollars 1.1 billion Big River Steel plant near Osceola to begin by the fall _ though a portion of its financing , final permissions from state regulators are still pending. State legislators did their part this spring, approving a US Dollars 125 million finance package that includes a US Dollars 75 milli...
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