Global bearings demand to rise 8% through 2016

Worldwide demand for bearings is expected to increase 8% per year to US$95 billion in 2016, according to Reportlinker. Uncounted ball and roller bearings will make up three quarters of total sales in 2016, with the market for these products reaching US$71 billion. Global sales of uncounted plain bearings will rise to US$11 billion in 2016, while aggregate demand for mounted bearings, bearing parts and combination type bearings will be US$13 billion in the same year.

Global service robotics market valued at US20.73B

The global service robotics market in 2011 was worth US$18.39 billion, according to Research and Markets. This market is valued at US$20.73 billion in 2012 and expected to reach US$46.18 billion by 2017 at an estimated CAGR of 17.4% from 2012 to 2017.

Slight increase in global steel production

Liangjiang new area witnesses boost in exports

Praxair China builds air separation plant in Nanjing

Praxair China has constructed a new air separation plant in Nanjing, Jiangsu province for Meishan Iron and Steel Co. Ltd, a subsidiary of Baosteel Group, one of the world's top steel makers.

China's stainless steel output up 5.25% YOY in H1

Tata Steel to accelerate steel solutions growth in Europe

Indian mining company orders steelmaking plant from Siemens

Thailand, Myanmar team up on ambitious port project

Singapore, Turkey bolster trade ties

Singapore and Turkey have reinforced their commitment to deepen and broaden bilateral economic ties at the Turkey-Singapore Business and Investment Forum 2012.

M&As to help Malaysian steel makers tap demand in ASEAN

New solar farm tariff urged