Monday 3 August 2015
 
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Steel

NSK bearings deliver savings to steel plate rolling mill

NSK (Nippon Seiko Kabushiki Kaisha), a roller bearing specialist and automotive supplier, said its bearings have helped a major steel manufacturer’s plate rolling mill achieve €46,000 ($50,819) savings. Until recently,

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Posco eyes Iran steel market

Posco said it had been in touch with several Iranian firms seeking to do business with the South Korean steelmaker after sanctions were lifted, CEO Kwon Oh-joon said on Wednesday. "A few steel companies in Iran already have c

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Iran deal will open door to cement, steel imports

Any nuclear deal between Iran and six world powers loosening sanctions against Tehran could flood an oversupplied oil market with more fuel, yet sectors like cement and steel would see a rise in demand as the country works to revitalise its econ

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Iran deal will open door to cement, steel imports

Any nuclear deal between Iran and six world powers loosening sanctions against Tehran could flood an oversupplied oil market with more fuel, yet sectors like cement and steel would see a rise in demand as the country works to revitalise its econ

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ArcelorMittal seeks S Africa steel tariff protection

Africa's largest steel maker, ArcelorMittal South Africa, has asked the government to impose a 10 per cent import duty on steel and in return it may offer shares to black empowerment partners, a newspaper reported on Sunday. S

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Iran steelmakers request import duty hikes

Iranian steelmakers have asked the government to raise import duties for certain steels by up to 40 per cent as protectionism in the global steel sector gathers pace amid a flood of cheap sales mostly from top producer China. Chin

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Iran steelmakers request import duty hikes

Iranian steelmakers have asked the government to raise import duties for certain steels by up to 40 per cent as protectionism in the global steel sector gathers pace amid a flood of cheap sales mostly from top producer China. Chin

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Indian steelmakers hit by Japan, S.Korea imports

India could raise steel tariffs further to check a surge of imports, a minister said, but local steel firms are concerned that free trade agreements with Japan and South Korea would still let those countries boost shipments. Amid

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Iran plans $16bn investment in mineral sector

Iran is planning investments of around $15 billion during its sixth five-year economic development plan (2015-2020) to develop mining projects and raise the production capacity of steel, aluminium and copper industries, a report said.

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$3.45 trillion projects 'in pipeline in Mideast'

Around $3.45 trillion worth of projects are in the design, bid or construction stage until 2025 in the GCC and the Middle East region, with the World Expo 2020 in Dubai and Fifa World Cup in Qatar providing a  boost to infrastructure spendi

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