Dutton Associates updates its coverage of General Steel Holdings with a Speculative Buy rating and a price target of $16.11. The 12-page report by Dutton senior analyst Stanley Ng is available at www.jmdutton.com as well as from First Call, Bloomberg, Zacks, Reuters, Knobias, and other leading financial portals.
General Steel recently announced its financial 2Q results [...]

Leading metalforming manufacturers from the United States, Asia, Latin America and Europe will hear from industry giants and discuss the top challenges facing the industry worldwide at the 16th International Congress of Sheet Metal Presswork Associations (ICOSPA) September 14-17 in Grand Rapids, MI.
The focus of the program is taken from today’s manufacturing headlines: the rising [...]

WSP Holdings Limited, a leading Chinese manufacturer of API (American Petroleum Institute) and non-API seamless casing, tubing and drill pipes used in oil and natural gas exploration, drilling and extraction (”Oil Country Tubular Goods” or “OCTG”), and other pipes and connectors, today announced that its wholly-owned subsidiary, Wuxi Seamless Oil Pipes Company, Limited (”WSP China”), [...]

Technip announces that its wholly-owned subsidiary Duco Ltd. has been awarded by BP Norge AS a lumpsum EPC(1) contract, worth approximately € 20 million, for the Skarv field development. This field is located on the Norwegian continental shelf, in water depths ranging from 350 to 450 meters.
The contract covers engineering, procurement, project management services and [...]

Minco Silver Corporation announce that it has initiated a 10,000 metre drill program on top showings along the Fuwan Silver Belt.
Geosan, LLC, of Ulaanbatar, Mongolia, recently completed a detailed ground magnetic survey covering approximately 155 line kilometres as well as 21 line kilometres of dipole-dipole induced polarization survey. Combined with previous geochemical surveys consisting of [...]

Peter Meredith, Chief Executive Officer of SouthGobi Energy Resources Ltd. , and Gene Wusaty, Chief Operating Officer, Coal Division, announced today that the company has increased its ownership in the Mamahak Coal Project in East Kalimantan, Indonesia, from 56% to 85%. The original Joint Venture Agreement with Score Resources Ltd. included a provision allowing for [...]

Vortex Resources Corp. announced today that it has signed a Memorandum of Understanding (the “MOU”) to enter into a definitive asset purchase agreement with Blackhawk Investments Limited (“Blackhawk”), based in London, England. Blackhawk will exercise its exclusive option to acquire all of the issued and allotted share capital in Sandhaven Securities Limited (“SSL”), and its [...]

General Steel Holdings, Inc., one of China’s leading non-state owned steel products producers today announced that the Company will present at the Susquehanna Financial Group’s Second Annual Beijing Management Summit held at the Beijing Grand Hyatt Hotel. Mr. John Chen, CFO, Ms. Jing Ou-Yang, Investor Relations Manager, and Mr. Ross Warner, Director, are scheduled to [...]

Israel Chemicals Ltd., a multinational fertilizer and specialty chemicals company, today announced that its Board of Directors has approved its intention to commence a stock repurchase program of up to five percent of its outstanding Ordinary Shares over a ten month period through June 30, 2009.
The share purchase program, which could amount to NIS 3.5 [...]

Research and Markets has announced the addition of the “China’s Steel Industry Research Report 2007-2008″ report to their offering.
In 2007, China’s crude steel production was 487 million tons, up 15.63 percent year on year. The global crude steel production was 1.316 billion tons, up 8.2%. In terms of the rapid growth of Chinese steel production, [...]