Vietnam News Service reported that the demand for cement, steel and other construction materials will surge sharply in the fourth quarter, but prices will remain unchanged or even drop. Mr Pham Chi Cuong chairman of Viet Nam Steel Association was also predicting a sharp rise in demand for steel in the late months of the year but said prices were not likely to increase. He said that the cost of pig iron on…

also available in Machining cast parts precisely from five sides Magnetic clamping technology reduces set-up times, creates more flexibility, and assures hold for faces At the heart of the magnetic chucks, are pole-exchangeable AlNiCo magnets. SCHUNK manufac-tures magnetic chucks in square, parallel, and radial pole technology Large cast parts are stable “backbones” in many machines. They are mostly…

It is reported that car exports from India in the first half of this fiscal jumped by 35.73% as major manufacturers like Hyundai Motor India and Maruti Suzuki cashed in on scrappage incentives provided in Europe, despite other segments of the auto industry witnessing decline. According to Society of Indian Automobile Manufacturers Association, car exports during April to September stood at 210,088 units as…

POSCO Engineering & Construction, a unit of steel giant POSCO, said that it had completed Asia Special Steel plants in Japan, after it won the building order of KRW 234.7 billion in December 2007. Asia Special Steel, a JV between POSCO Steel Service & Sales Co Limited and Japan's Kotobuki Industries, has a furnace with an annual production capacity of 60 tonnes and other steel product production facilities…

RIA Novosti reported that Russia has extended by 10 months increased import duties on new and used foreign cars and trucks, which sparked mass protests across the country in December. The decision to raise the duty from 25% to at least 30% was designed to protect domestic producers and foreign companies involved in car production in Russia amid the global financial crisis. It was imposed in early December…

A U.S. Navy assault ship built with tons of steel salvaged from the World Trade Center towers began its journey to New York on Tuesday, sailing down the Mississippi River in a pea-soup fog as watchers along the levee strained for a glimpse. The USS New York, named to commemorate the Sept. 11 terrorist attacks, left the Northrop Grumman shipyard where it was built for the trip to its namesake city. The $1…

Data from the Chamber of Automotive Manufacturers of Philippines Inc show that automotive sales in September increased by 6.9% YoY to 11,304 units from 10,937 units, the second month in a row that they rose. Sales in August grew by 6.8% to 10,575 units from 9,906 units on year. July sales slid 0.3%, reversing the 1.3% growth in June 2009. Ms Elizabeth Lee president of Campi said that while sales were…

Korea Herald reported that POSCO is aggressively widening its business lines, particularly in eco friendly energy and materials business, as the company seeks new growth engines. On August 22nd 2009, POSCO set up an affiliate POSCO Electrical & Electronic to transform household sewage into so called "refuse derived fuel" and use it to generate electricity. The heat generated during the procedure can be used…

also available in Süd-Chemie successfully runs new environmentally-friendly production process for casting cores for BMW Group INOTEC® production plant of the Süd-Chemie subsidiary WD-Giesserei-Technik in Moosburg accomplishes emission-free series production of casting cores for the production of engine components at BMW Group’s light metal foundry Süd-Chemie AG, Munich, a leading global specialty chemicals…