2021-03-14 Other Comments Off on China’s biggest steel producing city to curb capacity
The biggest steel producing city in China, Tangshan, has announced it aims to cut capacity by 8.6 million tonnes in 2017. The city has come in for heavy criticism due to the exceedingly high levels of...
2021-03-14 Other Comments Off on China plan to invest $500 billion in rail expansion
China has announced that they will continue to extend their railway network at the same staggering growth rate that has been seen in the last decade. The economic powerhouse has revealed they will be ...
2021-03-14 Other Comments Off on Israel are joining the solar party
Israel, one of the most influential countries in the Middle-East, has finally decided to invest heavy into its solar industry. It’s a wonder Israel has taken so long to realize the boundless opportuni...
2021-03-13 Other Comments Off on Base metals continue to rally
January 5th 2017 – Base metal prices have continued their rise at the expense of a weakened dollar; the average increase is 0.4%, with Zinc the only one to be operating in negative territory at 0.2%. ...
2021-03-13 Other Comments Off on India is again making strides in clean energy
The state Indian state of Tamil Nadu has officially opened two of the world’s most impressive clean energy projects. The industrial plant which is valued at £300 million is designed to capture t...
2021-03-13 Other Comments Off on Ford turns its back on Mexico in favour of home
Ford Motors announced on Tuesday 3rd January 2017 that it would be scrapping plans to build a car factory in the Mexico, instead opting to invest heavily into its Michigan based plant. Ford CEO, Mark ...
2021-03-13 Other Comments Off on 2017 starts positive for Korean Shipping!
Hyundai Merchant Marine (HMM) has formed an alliance with two national compatriots in the shape of Heung-A Shipping and Sinokor Merchant Marine, which has now shaped a consortium called ‘HMM + K2’. &n...
2021-03-12 Other Comments Off on A sign of what’s to come for the US Steel industry?
U.S. Steel Corp. has said it will be restarting operations at its steel plant in Keewatin. The decision has come as a result of an agreement to produce iron-ore pellets to third-party customers. ...
2021-03-12 Other Comments Off on Chinese steel prices fall amid fears of weak demand
On Thursday 29th December 2016, Chinese steel rebar prices fell more than 2 percent, reversing positive gains made on Wednesday of the same week. The markets turned fearful over end of year volatility...
2021-03-12 Other Comments Off on Singapore gets a little greener
One of the most famous architectural companies in South-East Asia, WOHA Architects, has just completed the construction of another masterpiece in their place of origin, Singapore. The company comes wi...
2021-03-12 Other Comments Off on Rapid growth of solar energy will only accelerate
The amount of electricity generated and consumed will expand by as much as six times, by 2030. The cost of production is already in the process of falling below that of natural gas and coal-fired plan...
2021-03-11 Other Comments Off on Hanjin sells two container ships for scrap
The financially crippled, Hanjin Shipping, has sold two container ships which are set to be stripped down for scrap. The vessels in question are the 5,302 TEU Post-Panamax boxship Hanjin Paris and the...
2021-03-11 Other Comments Off on A Myanmar and Japanese joint venture
A joint venture between Myanmar’s largest heavy machinery distributor, Myanmar Kaido Co., and the Japanese giant, Mitsubishi has been finalized and begun commencing. Myanmar is currently undergoing a ...
2021-03-11 Other Comments Off on Tesla and Panasonic forge closer ties
Tesla and Panasonic have enhanced their already flourishing partnership. The latter is set to invest $256 million into a New York facility which is operated by tech-billionaire Elon Musk’s Tesla. Two ...
2021-03-11 Other Comments Off on American steel maker given $1.8 million grant
AK Steel, a fortune 500 company based in Butler County of the United States, has been awarded a $1.8 million grant and challenged to make electric motors more energy efficient. The company are just on...
2021-03-10 Other Comments Off on Iron-Man might help with Fukushima clean up
A robotics corporation based in Korea has created a 4m-tall iron-man like suit that is operated using master-slave controls from a cockpit within its torso. The suit weighs 1.5 tonnes and is made with...
2021-03-10 Other Comments Off on Environmental protection market And up and cherish
Recently, a steel plant in Jiangsu Province, the news of illegal construction shutdown, the stainless steel market prices crazy staged staggering. While steel prices are also pulling up, ahead of some...
2021-03-10 Other Comments Off on The future looks bright for Ethiopia
Ethiopia, the most populous landlocked country in the world, has taken another promising step to a prosperous future. As the world continues its momentum to shifting from fossil fuels to renewable ene...
2021-03-10 Other Comments Off on Higher US interest rates won’t affect base metals, yet
After initial alarm, it’s now anticipated that increased interest rates in the United States will have very little bearing on the metals markets. The Federal Open Market Committee (FOMC) on Wedn...
2021-03-09 Other Comments Off on Volkswagen jump further into electric vehicle market
The Volkswagen Group has invested into the newly founded eRoaming platform, Hubject, as a key shareholder. The investment from Volkswagen will enable them to further enhance their grip on the electric...
2021-03-09 Other Comments Off on The Taliban gives permission for China to build Copper mine… what?
In any other given year, this would arguably one of the more peculiar; however, 2016 has been the year of the unexpected. However, after years of delays and interferences, China has finally been given...
2021-03-09 Other Comments Off on African start-up is making positive movement in Africa
Off Grid-Electric is an African start-up company who are lighting up remote areas of Tanzania and Rwanada, enabling commercial prosperity and improvement to standards of living. Although nothing shoul...
2021-03-09 Other Comments Off on Green superstructure coming to LA
Bjarke Ingels Group (BIG) the world renowned group of architects, designers, and builders have revealed the plans for their very project in Los Angeles. The said project is going to be a 242’000 squar...
2021-03-08 Other Comments Off on Further Chinese investment into the UK
The Chinese and UK friendship appears to show no signs of slowing down; the latest large-scale investment comes from a major Chinese building materials company who are looking to build six prefabricat...
2021-03-08 Other Comments Off on President-elects potentially toxic effect on solar
The solar trade is fully aware that the election of Donald Trump as the new president of the United States was most likely going to be nothing short of disastrous for the industry. This is proving to ...
2021-03-08 Other Comments Off on MSC to buy Hanjin’s share of Californian port
Mediterranean Shipping Company (MSC), who is Swiss-based, has signed an agreement to enable the purchase of Hanjin Shipping’s stake of a terminal at California’s Port of Long Beach. South Korean...
2021-03-08 Other Comments Off on Hong Kong firm seizes upon Hanjin woes
Hong Kong-based shipping company, Seaspan Corporation has purchased four panama container ships form the bankrupt and helpless South Korean container carrier, Hanjin Shipping. The vessels were sold by...
2021-03-07 Other Comments Off on The railway hype rolls on
The railway connecting China and Thailand looks to finally be back on track with construction scheduled to start in early 2017. The whole process has been incredibly drawn out, with the announcement o...
2021-03-07 Other Comments Off on Base Metals continue to normalise
Base Metals continue to remain under pressure, following a turbulent November and start to December. On December 20th, prices are down an average of 0.5 percent, nickel is bucking the trend with a 0.7...
2021-03-07 Other Comments Off on Japan pondering over substantial UK investment
The Japanese government is debating providing support to its domestic companies whom want to invest into the UK’s nuclear programme, through financial support. The government will reportedly req...
2021-03-07 Other Comments Off on Groundbreaking for solar energy…
In what is rather groundbreaking breakthrough for solar energy, it is now becoming the cheapest form of new electricity. This is not the first time it has happened, it’s been done before but only ever...
2021-03-06 Other Comments Off on Japan to Europe… by train?
As Japan and Russia continue on their path to mending broken ties, Russia’s rail operator has seen an opportunity and is proposing a series of rail links that would ultimately connect Japan with Europ...
2021-03-06 Other Comments Off on Copper slips!
Thursday 15th December saw the momentum of copper halted with the price slipping, as a result of a surging dollar. Copper for March delivery on the Comex division of the New York Mercantile Exch...
2021-03-06 Other Comments Off on “Superhighway” dispute in Nigeria
The Nigerian government are planning on constructing a six-lane “superhighway” through a rainforest in the southeast of the West-African country; however, the proposal is being heavily contested by co...
2021-03-06 Other Comments Off on Container hotel coming to the UK
The city of Manchester, in the United Kingdom, is about to become home to a 220 bedroom hotel, constructed entirely from containers. Hotel chain ‘Holiday-Inn’ claim they are one of the first in the No...
2021-03-05 Other Comments Off on The EU – China steel conflict is worsening…
The European Union and China do not appear to be any closer in solving their differences over China’s output of steel. The European Union has now launched a fresh investigation into whether corrosion-...
