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Few steel mills in China have as storied a history as the Guangzhou Steel mill. Rival factions during the Cultural Revolution engaged in gun battles in and around the sprawling complex. Local residents say that young men and women hoping to flee
30 a.m. until midnight, while keeping their jobs at the steel mill, until Cousins began to turn a profit. "They put so much of their blood, sweat and tears into their restaurant, but mostly they put their love," said Debbie Celani, a waitress at
Part of dealing with this is trimming production and cutting costs...MT ) are also trying to control expenses by bringing more of their raw material purchases in house. Vertical integration Vertical integration is when a company is involved in
That scrapyard smell is strong, even when you're driving in an air-conditioned pickup. I'm seated next to Dave Stage, the affable manager of OmniSource's immense scrapyard in Fort Wayne, Indiana, and he's giving me a brief driving tour of the
NewsApp NewsApp (Free) Read news as it happens Available on Rediff News All News T he communal violence here comes at an unfortunate time for local industry. Already facing increases in input prices of raw material, higher electricity rates and
Bob Cerling, a volunteer on LST 325, gives a tour below-decks on the ship Sunday afternoon. The LST will soon get underway for the East Coast with its crew of mostly retired military men. It was near the end of World War II in 1945 when multiple 5-
Firefighters from five agencies have extinguished a fire at a coke plant at one of the nation's largest US steel mills. More News No injuries are reported from the fire Tuesday at the ArcelorMittal steel mill in Burns Harbor along Lake Michigan in
Wednesday evening disconnected power supply to Pakistan Steel Mills (PSM) because of outstanding payment of Rs930 million, Our Sources reported. PSM has to pay Rs550 million, out of Rs930 million outstanding dues today, however, it failed to do so.
It may be too early to start beating the drums of victory for free-market capitalism, but there are signs that China is stepping back from attempts to control the iron ore market. Just three months after accusing major iron ore producers of
The more bearish iron ore analysts have another voice in their chorus warning about price falls the China Iron and Steel Association. If they're right, there are ramifications for the federal budget, as well as the viability of some smaller miners.