Swedish mill to raise paper capacity
Stora Enso plans to raise newsprint output as part of a EUR 15 million investment programme at the Kvarnsveden mill in Sweden.
Kobe to shed workers in Japan
Japan's fifth largest steel maker Kobe Steel will cut 1700 workers in Japan, or 6% of its global work force, to reduce costs in an industry hard hit by sliding steel prices and declining demand.
AK steel says report is false
AK Steel has said that stories recently published in metals trade publications reporting that AK Steel licensed a Korean steel company to utilise AK Steel's coating technology are patently false.
Sandvik receives large tube orders
Sandvik Steel has recently received several large orders within the strategic growth areas of special tubes for the fertiliser industry and advanced tubes for steam generators.
Duke Energy increases Mississippi peaking capacity
Duke Energy North America and Duke/Fluor Daniel are constructing two power plants in Mississippi totalling 1280mw.