ArcelorMittal (NYSE:MT) To Source Equipment From India and China
ArcelorMittal (NYSE:MT), the world's largest steel producer, is to source more equipment from India and China for its greenfield projects worldwide.
ArcelorMittal (NYSE:MT), the world's largest steel producer, is to source more equipment from India and China for its greenfield projects worldwide.
Australian shares gained 1.3% on Friday but still lost 4.3% for the week. The benchmark S&P/ASX200 index was 49.8 points, higher at 3773.2 and the broader All Ordinaries index was also up 1.3%, or 48.1 points, at 3758.9. The local market is expected to soften on jitters over the US economy.
Bass Metals Ltd (ASX:BSM) is pleased to announce that it has signed a binding agreement to purchase from Intec Ltd (ASX:INL) the Hellyer processing plant, associated infrastructure and the Hellyer Mining lease for A$4.0 million to be paid on settlement. Bass Metals will also pay Intec a Processing Royalty of $2.50/tonne processed, capped at A$5.0 million.
Structural Monitoring Systems plc (ASX:SMN) is pleased to announce that it has received letters from three European Aeronautic Defence and Space (EADS) companies providing statements in support of the on-going rights issue.
Microequities will be holding its annual "Rising Stars" Micro Cap conference on June 12th at the Sydney Hilton. The event will continue to focus on presenting profitable growing industrial companies in Australia's fertile equity market. This year's conference brings together some exciting companies from an array of industries, including Software, Mining services, Telecommunications, Media and Packaging.
Ausmelt Limited (ASX: AET) - Ausmelt Signs $9.3M Bulgarian Contract with Intertrust - Mr Paul Abbott, MD; Ausmelt Limited (ASX: AET) present the following audio webcast regarding "AET - Ausmelt Signs $9.3M Bulgarian Contract with Intertrust - Mr Paul Abbott, MD".
The strategic sourcing value chain diversifies the growth portfolio of companies. Leadership thought is focused on the strategic procurement in a holistic way. Strategic sourcing is about making smart dollars, growing innovative solutions and reaching maturity in cost reduction.