Automation Division, China, new factory, Siemens The Siemens Industry Automation Division is further expanding its position in the Asian growth market. In a new factory to be built in Chengdu in the Chinese province of Sichuan, Siemens will develop and...
- By Charlotte Stubben Berardi Bullonerie, industrial fasteners, Lee Spring, partnership agreemnet Lee Spring has agreed a partnership agreement with Berardi Bullonerie in Italy. Berardi is a well known home market supplier of industrial fasteners....
Reuters reported that global volume of iron ore swaps may jump to 80 million tonnes by 2015 around four times last year level as interest in the hedging tool rises.
The projected volume represents nearly 13% of China iron ore imports of more than 618 million tonnes last year.
cartel probe, Deutsche Bahn, rail, ThyssenKrupp German authorities said that they are investigating 10 steel and rail companies, including thyssenkrupp subsidiary GfT Gleistechnik GmBH, for operating a cartel between 2001 and 2008. Prosecutors said that
fire, plant, Sapa Profiler, Sweden A fire broke out in Sapa Profiler´s extrusion plant in Finspång, Sweden on Wedensday. The rescue services and fire brigade were able to limit the fire to the anodising department, where all the production equipment
closer, consolidation, Europe, Meps, steel sector Europe's four major stainless steel producers have all been involved in significant restructuring since the beginning of 2011. It seems unlikely that this is mere coincidence. It is perhaps
European Unit, higher profit, Steel, TATA It is reported that TATA Steel Ltd expects operating profit at its European unit to rise by two thirds of its current level to USD 100 a metric tonne over the next three years as it focuses on more value added
