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Steel meeting seeks solution to glut
2016-04-18 13:32:15| BBC News | Business | UK Edition
A crisis meeting about the global steel glut is being held in Brussels on Monday.
Tags: solution
meeting
steel
seeks
Buyers finding bargains in mining equipment glut
2016-04-06 10:51:33| Industrial Machines - Topix.net
As slumping metals prices force miners to scale back production, the scramble by some to sell idled equipment at a discount is producing bargains for healthier players. Mantos Copper, a unit of investment firm Audley Capital, which bought two Chilean copper mines last year from Anglo American, is among those reaping the benefits.
Tags: equipment
finding
buyers
mining
Oil prices plunge over concerns on supply glut and strong dollar
2016-04-01 01:00:00| Offshore Technology
There has been a fall in oil prices have due to ongoing concerns about a global supply glut, combined with a strengthening dollar and weaker stock markets in China.
Tags: prices
strong
supply
oil
Coal power glut puts $US1 trillion investment at risk
2016-03-30 13:59:00| Climate Ark Climate Change & Global Warming Newsfeed
Sydney Morning Herald: The equivalent of 1500 coal-fired power stations are being developed worldwide despite the declining use of electricity generated from coal, pointing to a potential waste of capital of almost $US1 trillion, according to a report funded by three anti-fossil fuel groups. The startling figures from the study carried out for CoalSwarm, Sierra Club and Greenpeace. They are to be released on Wednesday as local environmentalists ramp up their lobbying amid concern the Indian government will press for...
Tags: power
risk
investment
puts
Epic oil glut gets worse
2016-03-23 19:23:01| Oil & Gas - Topix.net
U.S. oil stockpiles skyrocketed by 9.4 million barrels last week to 532.5 million barrels, according to figures released on Wednesday by the U.S. Energy Information Administration. That's roughly triple what analysts had been bracing for and adds to "historically high" inventory levels.
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