Wednesday, 25 Jan 2012
Bulgarian miners are resuming work at the country's biggest coal mines, ending a weeklong strike that led to a halt in electricity exports to neighboring countries.
Union leader Konstantin Trenchev said on Sunday that a compromise deal has been struck with management that includes cash bonuses for the miners and an improvement in working conditions.
The three open pit mines of the state-owned company supply coal to four thermal power plants, whose output covers a quarter of the country's electricity needs.
Bulgaria also helps supply Greece, Turkey, Serbia and Macedonia but had to suspend exports due to the strike. The Balkan country exports more than 10 billion kilowatt hours of electricity per year.
It was not immediately clear when power exports will be restarted.
(Sourced from Associated Press)
Showing posts with label Turkery. Show all posts
Showing posts with label Turkery. Show all posts
Wednesday, January 25, 2012
Wednesday, February 23, 2011
Russia scrap exports double in January
Wednesday, 23 Feb 2011
According to preliminary data, in January this year Russia exports of scrap and ferrous metal waste doubled compared to the same period last year amounting to 264,200 tonnes.
Russia imported 200 tonnes of scrap in January this year, while in January 2010 there were no imports of scrap into the country. In 2010, Russia scrap exports increased by 1.5 times to 5.5 million tonnes while its imports went up by 2.4 times to 10,600 tonnes both compared to 2009.
Russian scrap exports are directed mainly to Turkey, Spain, Greece, the Netherlands and South Korea.
(Sourced:www.steelorbis.com)
According to preliminary data, in January this year Russia exports of scrap and ferrous metal waste doubled compared to the same period last year amounting to 264,200 tonnes.
Russia imported 200 tonnes of scrap in January this year, while in January 2010 there were no imports of scrap into the country. In 2010, Russia scrap exports increased by 1.5 times to 5.5 million tonnes while its imports went up by 2.4 times to 10,600 tonnes both compared to 2009.
Russian scrap exports are directed mainly to Turkey, Spain, Greece, the Netherlands and South Korea.
(Sourced:www.steelorbis.com)
Monday, February 7, 2011
Cost of construction going up sharply in Turkey
Monday, 07 Feb 2011
According to sector representatives, real estate prices in Turkey are expected to increase by as much as 20% in the near future due to the rising cost of cement and iron over the past year.
Mr Ali Agaoglu chairman of the Agaoglu Group said that "If this situation continues, we will be obliged to reflect the costs in house prices.”
According to companies, the trouble instead stemmed from the 33% in cement costs and the 44 rise in iron prices. Domestic rebar prices at the end January was in the range of USD 670 per tonne to USD 690 per tonne. The rising costs are likely hike house prices by between 10% and 20% as of May this year.
Mr Ismail Durak an executive from Turkey’s leading iron and steel producer, Kardemir said that Cement and iron and steel producers, however, said they were not to blame for the current situation. The price hike in iron stems from scrap prices.
(sourced:Hurriyet Daily News)
According to sector representatives, real estate prices in Turkey are expected to increase by as much as 20% in the near future due to the rising cost of cement and iron over the past year.
Mr Ali Agaoglu chairman of the Agaoglu Group said that "If this situation continues, we will be obliged to reflect the costs in house prices.”
According to companies, the trouble instead stemmed from the 33% in cement costs and the 44 rise in iron prices. Domestic rebar prices at the end January was in the range of USD 670 per tonne to USD 690 per tonne. The rising costs are likely hike house prices by between 10% and 20% as of May this year.
Mr Ismail Durak an executive from Turkey’s leading iron and steel producer, Kardemir said that Cement and iron and steel producers, however, said they were not to blame for the current situation. The price hike in iron stems from scrap prices.
(sourced:Hurriyet Daily News)
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