Announcement

Tuesday, August 30, 2011

Cerrejon LLC is reducing coal exports to Asia

Colombia's top coal exporter Cerrejon LLC is reducing its shipments to Asia as it becomes increasingly difficult for the company to compete on prices in that market with coal firms from Australia and Indonesia. Mr Leon Teicher president of Cerrejon said that Asia will represent about 5% of the company's coal exports this year, down from 10%...

Wandoan coal mine in Australia : Xstrata Queensland coal mine challenged by environmental lobby

Xstrata Inc began its court defense of the AUD 6 billion (USD 6.2 billion) Wandoan coal mine in Australia that the project’s opponents say threatens the Great Barrier Reef.  Friends of the Earth, an international environmental lobby group is attempting to block the mine’s More Inf...

20% more energy : LKAB investing in new technology to save energy and environment

LKAB is investing in new technology that will make ore transports up to 20% more energy efficient and help to maximize utilization of the Ore Railway between Riksgränsen and Luleå. The system is called CATO, and the 50-million-kronor investment is being implemented in collaboration More Inf...

China Steel News: CCCMC reference prices for coke exports

CCCMC released on August 30 2011 the average reference prices for coke export transactions concluded in the previous week USD 495 per tonne to 500 per tonne FOB. Issuance Date High Price Low Price 2011.08.30 500 495 2011.08.23 500 495 2011.08.16 500 495 2011.08.09 500 495 2011.08.02 498 494 In USD per tonneThe China Chamber of Commerce...

Norfolk Southern to start coal shipments at Virginia Port

Norfolk Southern Corp the second biggest eastern US railroad said that it plans to resume coal exports from its Lamberts Point Terminal in Norfolk, Virginia. Mr Robin Chapman a company spokesman said that the company halted operations at the port over the weekend as Hurricane Irene marched More Inf...

Nippon Steel plans Mozambique coal output by 2014

Nippon Steel Corp said that it expects to start producing coking coal at its Revuboe project in Mozambique in 2014, with development of the site expected to begin in the first half of 2012. The project, expected to churn out 5 million tonnes annually when it reaches peak production, marks More Inf...

Penrhyn project: WPG Resources coal from Penrhyn project ideal for export markets

WPG Resources said that Evergreen Energy Inc has completed its initial test work on coal from the Penrhyn project, confirming the coal is well suited for export markets. WPG recently announced that it had agreed to sell its iron ore assets to OneSteel Limited. WPG’s coal interests and   More Inf...

Sunday, August 28, 2011

China province wise ferroalloy output in Jan to Jul 2011

It is reported that China province wise ferroalloy output during January to July total 16.41 million tonnes which Inner Mongolia topping the table. Province Jul'11 Jul'10 Change Jan-Jul'11 Jan-Jul'10 Change Total 2.42 1.86 29.8 16.41 13.46 21.9 Inner Mongolia 0.30 0.17 82.5 2.30 1.93 19.4 Hunan 0.31 0.19 63.3 1.96 1.37 43.3 Guangxi 0.27 0.23 19.6 1.78 1.53 15.9 Guizhou 0.24 0.15 59.1 1.48 1.04 42.6 Sichuan 0.22 0.14 55.3 1.44 1.06 36.3 Shanxi 0.12 0.14 -12.7 1.01 0.80 25.8 Ningxia 0.15 0.11 37.7 0.95 0.81 16.6 Henan 0.13 0.16 -19.6 0.80 0.96 -16.7 Gansu 0.10 0.08 27.5 0.74 0.61 21.4 Qinghai 0.08 0.09 -3.5 0.63 0.55 13.7 Jiangsu 0.08 0.08 -9.6 0.48 0.54 -12.3 Liaoning 0.07 0.06 23.3 0.47 0.42 10.2 Yunnan 0.08 0.08 10.7 0.41 0.32 27.7 Jilin 0.05 0.03 55.2 0.34 0.29 14.7 Shandong 0.04 0.02 65.2 0.30 0.20 51.5 Sha'anxi 0.05 0.02 95.8 0.28 0.17 70.3 Chongqing 0.03 0.03 -21.2 0.25 0.22 11.7 Fujian 0.03 0.02 60.0 0.20 0.12 60.7 Hubei 0.02 0.03 -4.0 0.18 0.15 19.7 Hebei 0.02 0.02 11.8 0.18 0.15 20.8 Zhejiang 0.02 0.02 6.3 0.11 0.11 -3.6 Xinjiang 0.01 0.01 18.2 0.09 0.07 34.3 Anhui 0.00 0.00 100.0 0.04 0.02 125.0 Jiangxi 0.00 0.00 0.0 0.01 0.01 14.3 In...

Convergent Minerals to acquire all shares in Blackwood Coal

Convergent Minerals is to acquire all of the shares in Blackwood Coal Pty Ltd which holds a portfolio of coal exploration tenements in Queensland. The Blackwood portfolio of projects includes a pipeline of coal exploration projects and prospects including an advanced thermal coal More Inf...

Chinese demand will drive this Wyoming coal stock - Forbes

Cloud Peak Energy is a leading domestic coal producer. The company operates three surface coal mines in the Powder Region Basin located in Montana and Wyoming, which is the lowest cost major coal producing region in the US. CLD also owns a 50% interest in Decker mine, which is also located in ">More Inf...

BHPB update on petroleum production

The successful integration of the Fayetteville shale gas assets, the start-up of the Angostura Gas Phase II project on schedule, and strong underlying performance from existing assets, delivered 159.4 million barrels of oil equivalent for the 2011 financial year, the fourth consecutive More Inf...

Steelguru: Japan shutdowns may have considerable impact on energy - DB

Deutsche Bank said that there would be considerable impact on LNG and coal markets should none of the Japanese nuclear reactors set for planned maintenance before April 2012 be allowed to resume operations. Deutsche Bank in a report that LNG consumption in Japan could rise by 0.8 million More Inf...

Friday, August 26, 2011

Britain’s largest coal producer noted that its financial position still remains challenging

UK Coal has made reasonable progress during the first six months of the year, swinging to profits for the first time in four years as its coal production and revenues climbed. However, Britain’s largest coal producer noted that its financial position still remains challenging as it has lost GBP 270 million over the last three years, leaving it with...

Bloomberg (Coal India Ltd should refrain from overseas acquisition - Analysts)

Bloomberg reported that Coal India Ltd the world’s largest producer of the fuel, should refrain from overseas acquisitions because the local market is more lucrative. Mr Oscar Veldhuijzen a partner at The Children’s Investment Fund Management UK LLP in London said that Read Mo...

In Europe GFI Group launches iron ore swaps trading on EnergyMatch platform

Dow Jones reported that GFI Group Inc has launched iron ore swaps trading on its EnergyMatch platform in Europe amid a broad move to expand its product offerings on the platform. According the company, it has now successfully traded a number of iron ore swap products on EnergyMatch Europe, GFI's online energy trading platform. The move follows...

Northland gets approval the agreement to operate an iron ore terminal in Narvik

Northland Resources SA announced that the agreement between the Port of Narvik and Northland today was confirmed by the Board of Narvik Havn KF. The agreement grants Northland the permit to lease the Narvik Terminal, Fagernes, south of the city centre. A temporary shipping facility will be Read Mor...

Mr Anthony Timbrell said terminal developers had to work on reality rather than anecdotal

The CEO of the Dalrymple Bay Coal Terminal, Mr Anthony Timbrell said terminal developers had to work on reality rather than anecdotal assessments when it comes to forward projections of coal shipments.Speaking at the Coaltrans Australia conference in Brisbane, the DBCT boss said new Read M...

Results from Shymanivske project in the Ukraine, consisting of iron grades

Black Iron announced that it has received additional assay results from its recently completed confirmation drill program at its Shymanivske project in the Ukraine, consisting of iron grades of over 30%. Further results from the confirmation and metallurgical diamond drill program included 88.9 meters, grading 32.2% iron, and 23.9 meters of 31.2%...

Nigeria's mines and steel development to open up iron ore mining to private investors - Mr Sada

Mr Musa Sada, Nigeria's minister of mines and steel development, said that federal government would open up to private investors the exploration and exploitation of iron ore resources for the manufacture of steel products. Mr Sada said that "Our major interest now is steel making and Read Mo...

Brazilian steelmaker aiming to quadruple its iron ore production

Bloomberg reported that Usinas Siderurgicas de Minas Gerais SA, the Brazilian steelmaker aiming to quadruple its iron ore production, stands to gain the most from an auction for a USD 1 billion port terminal to be built in Rio de Janeiro state. The state government will take bids later this Read Mo...

Iron ore producer and IMX Resources announces additional iron ore drill intersections at Snaefell

Iron ore producer and explorer IMX Resources Limited announced that the analytical results for the remaining reverse circulation and diamond core holes completed in the first half of 2011 have now been received for the Snaefell iron ore prospect. Snaefell is located 12 kilometers south west of Read Mo...

Optimum Coal Mining Company earnings at 78pct higher

Optimum Coal said that its full year earnings would be between 71% and 78% higher. The company said earnings per share for the year to end June 30th 2011 were expected to be between 225 cents and 235 cents as compared to 131.75 cents in 2010. Headline earnings per share were expected to come in at between 200 cents and 206 cents against 28.92...

The national mining institute Update on major investments in Brazil mining sector

The national mining institute, Ibram, has forecast that investment in Brazil's mining sector is forecast to grow to a record USD 68.5 billion in the 2011-2015 period. Below is a list of the 10 largest investments planned for the sector, including construction of new mines, expansion of Read Mor...

BHPB completes its acquisition of Petrohawk Energy Corporation through a short form merger under Delaware law

BHP Billiton announced that it has completed its acquisition of Petrohawk Energy Corporation through a short form merger under Delaware law of its wholly owned subsidiary with and into Petrohawk, with Petrohawk being the surviving corporation as a wholly owned subsidiary of BHP Billiton. Read Mo...

Australian firms are eager to invest around USD 2 billion in the mining sector

Orissa with its huge stock of natural resources like aluminum, gold and coal is set to attract investment from Australia. Mr Peter Varghese Australian High Commissioner to India said that several Australian firms are eager to invest around USD 2 billion in the mining sector in Orissa and Read Mo...

Tuesday, August 23, 2011

Normet acquires Essverk Berg truck based mine utility vehicles

Normet will acquire the entire equipment and service business for mining and tunnelling, including relevant assets and employees. Mr Aaro Cantell chairman of Normet said that “The acquisition of Essverk gives Normet a physical presence in Sweden and allows us to better serve our customers in Sweden and Norway. Essverk will be the base for our operations in Sweden and Norway and we have a very strong commitment to develop and grow the combined business, under the new name of Normet Scandinavia.” Mr Tom Melbye president of Normet Group said that...

BHPB Billiton Limited announced tender offer to acquire Petrohawk Energy Corporation completed

BHP Billiton announced that all conditions to the closing of the tender offer by BHP Billiton Limited, BHP Billiton Petroleum (North America) Inc. and North America Holdings II Inc to acquire all outstanding shares of common stock of Petrohawk Energy Corporation for USD 38.75 per Petrohawk More Inf...

South Africa Optimum Coal buys Remhoogte mine from BHP

South Africa's sixth largest coal producer Optimum Coal said that it had bought two prospecting rights from BHP Billiton Energy Coal South Africa in a move to boost its portfolio. Optimum said it would buy from BECSA the Remhoogte prospecting rights, which have an inferred resource of More Info createSummaryAndThumb("summary425566726491296839...

IN South Africa Continental Coal commences Penumbra development

It is reported that Continental Coal continues to move operations forward quickly in South Africa, with the commencement of the Penumbra mine development and now the company will expand its shareholder base with a London Stock Exchange AIM listing. Continental is targeting around September More Inf...

African Rainbow Minerals said that ARM expect profits to increase

Diversified miner African Rainbow Minerals said that it expects headline earnings per share to increase to between ZAR 15 and ZAR 16.10 per share for the year ended June 30th 2011 from ZAR 8.07 previously. ARM said that its basic earnings per share was seen to be in line with headline earnings per share and are therefore expected to be in the same...

The Colorado division approves technical revision Colowyo Coal Mine permit

The Colorado Division of Reclamation, Mining and Safety proposes to Approve Technical Revision Application No 91 (TR-91) for the Colowyo Coal Mine submitted by Colowyo Coal Company LP. Colowyo Coal Company is proposing to terminate piezemeter monitoring on the streeter fill. The streeter More Inf...

DTE Energy Monroe plant receives (CET Bronze) state award for outstanding safety and health record

Monroe coal fired power plant has received the CET Bronze Award for an outstanding safety and health record from the Michigan Occupational Safety and Health Administration. The MIOSHA program is part of the Michigan Department of Licensing and Regulatory Affairs. The MIOSHA s_state_award_for_outstanding_safety_and_health_record/221681.html">More...

Friday, August 19, 2011

Essar Energy announced TO purchase agreement with the Bihar State Electricity Board for 300MW

Essar Energy plc announced that it will be signing a power purchase agreement with the Bihar State Electricity Board for 300MW of contracted capacity from its 1,200MW Tori I power station which is under construction in Jharkhand state, India. BSEB has issued Essar Energy’s subsidiary Essar Power Jharkhand Limited with a Letter of Intent to purchase...

Further update on Tuktu Iron Ore Project

Advanced Explorations Inc announced further drill results from its Tuktu Iron Ore Project located in Nunavut, Canada. Drill-hole 11TT010 intercepted 6 metres of high quality banded iron formation grading 50.27% Fe within a broader 236.58 metre interval of BIF grading 32.69% Fe. Mr John More Info ...

Toronto Canada Zone Resources engages Watts Griffis and McOuat for Labrador Trough Iron project

Zone Resources Inc announced that it has engaged Watts, Griffis and McOuat Limited, Consulting Geologists and Engineers, of Toronto Canada, who are to ensure all field and laboratory work is conducted in compliance with National Instrument 43-101 standards and best practices guidelines. WGM is More In...

Governor of China Qinghai Province to invest CNY 20 billion in mineral exploration in 2011 to 2015

According to Mr Luo Yulin vice governor of China Qinghai Province that the province aims to invest CNY 3 billion in mineral resource exploration this year and a total of CNY 20 billion in China 12th five year plan period (2011-15). During the 11th five-year plan period (2006-10), Qinghai More In...

metal production plan of the Bhilai Steel Plant of the Steel Authority

Mr Beni Prasad Verma minister of steel has said that for the year 2011-12, the hot metal production plan of the Bhilai Steel Plant of the Steel Authority of India Limited is 5.8 million tonnes and iron ore requirement is 9.49 million tonnes. In a written reply in the Rajya Sabha, he said that the existing iron ore mines of the Bhilai Steel Plant,...

BHPB Billiton get nod for Petrohawk Energy tender

BHP Billiton and Petrohawk Energy Corporation announced that on August 17th 2011, BHP Billiton and Petrohawk received notice from the Committee on Foreign Investment in the US that CFIUS has concluded that there are no national security issues of concern in relation to the transactions More In...

Reuters reported that Freight woes cut Siberia coal shipments - Governor

Reuters reported that coal shipments from the Kuznetsk Basin were 4 million tonnes less than planned during May to July due to problems caused by a large number of freight firms. Mr Aman Tuleyev governor of Kemerovo which includes the Kuzbass fields said that regional coal miners had built More In...

BS reported that POSCO war zone - Talks on MoU renewal inconclusive

BS reported that the road to renewal of Memorandum of Understanding with POSCO India seems to be bumpy with the officials of the steel firm and the Orissa government failing to reach a consensus even though the pact lapsed on June 21 last year. In the latest of their series of interactions with the state government, the POSCO India officials on...

South African Exxaro Resources announces result for 6 month period ended June

South African diversified miner Exxaro reported group consolidated revenue of ZAR 9,6 billion for the six months ended June 30th 2011, a 22% increase when compared with the same period in 2010. OVERVIEW 1. Decrease in LTIFR to 0,22; regrettably one fatality 2. Revenue increased by 22% to More In...

Bloomberg reported that European coal prices decline to USD 126 a tonne

Bloomberg reported that coal for delivery to Amsterdam, Rotterdam or Antwerp with settlement next year dropped 35 cents or 0.3% to USD 126.75 a metric tonne by 8:52 AM in London. Mr Mark Pervan an analyst with Australia & New Zealand Banking Group Ltd said that prices showed a mixed More Info createSummaryAndThumb("summary815397379786589411...

Wednesday, August 17, 2011

China Coal Energy reported that H1 net profit up by 12pct YoY

It is reported that China Coal Energy posted an 11.9%YoY rise in first half 2011 net profit attributable to shareholders to CNY 4.99 billion on a 19.3% increase in revenue to CNY 42.44 billion. Coal production in the first half rose 6.5%YoY to 51.91 million tonnes while coal sales increased 9.7% to 65.07 million tons. Revenue from the coal business...

The FY 2011-TATA Power raises the 130 business ideas through its innovation You Can Make a Difference scheme

Innovation is a catalyst for making positive changes in efficiency, productivity, quality, competitiveness, market share, and others important aspects of the organization. In order to create an innovative environment for employees, the methods, processes, products, technologies and ideas that affect the business need to be reviewed at regular intervals....

Mr CS Verma says Steel Authority of India Ltd (SAIL) plans to invest over INR 70000 crore in next 3 years

Mr CS Verma says Steel Authority of India Ltd has drawn up ambitious plans to invest over INR 70,000 crore to increase its production capacity by two thirds to 24 million tonnes in three years. But Mr CS Verma CMD of SAIL told Sudheer Pal Singh and Jyoti Mukul the Maharatna enterprise was now faced with the task of wading through the turmoil in the...

South Korean three major shipbuilding Industries H1 sales revenue surges

It is reported that South Korean three major shipbuilding companies have received good financial result in the first half of 2011. It's known that Hyundai Heavy Industries' sales revenue in the first half was at KRW 1.6688 trillion. At the same time, Daewoo Shipbuilding & Marine Engineering posted H1 sales revenue at KRW 7.604 billion, surged substantially by 122.5%. Meanwhile, Samsung Heavy Industries reported its H1 sales revenue at KRW 7.039 billion; thus, its sales revenue may have chances to exceed KRW 1 trillion in 2011. (Sourced...

Bloomberg reported that Macroeconomic indicators - US industrial output surged in July

Bloomberg reported that manufacturers in the US churned out more cars, computers and furniture in July, easing concern that one of the mainstays of the recovery was giving way. The 0.9% increase in production at factories, mines and utilities was almost twice the median forecast of economists More I...

Great news and good Opportunity for overseas scarp suppliers to understand ground realities in India

The LaLit in New Delhi Registration charges - USD 400 per delegate If you are an overseas scrap supplier. agent for scrap import, importer or traders of scrap, ship breakers or in logistics sector, do not miss this unique opportunity to grow your business by meeting More I...

Gazprom CEO as saying that Belarusian gas cooperation model to Ukraine

RIA Novosti cited Mr Alexei Miller CEO of Gazprom CEO as saying that Russia and Ukraine could base their relations in the gas sphere on a similar model to that which Russia has with Belarus. Russian energy giant Gazprom holds 50% of the Belarusian gas transportation company Beltransgaz and More I...

Iraq sent a committee to Kuwait to probe the construction of a port building

Bloomberg reported that Iraq sent a committee to Kuwait to probe the construction of a port there after threatening to take the case to the United Nations if the harbor violates its maritime rights. Mr Thamir Ghadhban head of the panel said that the committee is to conduct a field study for the Iraqi Cabinet on the potential effects of the Mubarak Al Kabir Port which Kuwait is building on Boubyan Island. Mr Nouri Al Maliki PM of Iraq said that Iraq may resort to the UN and prosecute Kuwait if the new port threatens to harm Iraqi maritime...

Technology of Baosteel Engineering Social Service information strategy paying off

Baosteel Engineering Technology Group implementation of ability raising and business transformation strategy is paying off. By the end of July, the amount of corporate social service orders increases by 112% year which is the best performance record in the same historical period. At the More I...

According to BP Statistical Review 2010 Global coal production totaled above 7 billion tonnes

According to BP Statistical Review of World Energy 2011, the world coal production in 2010 totaled 7.273 billion tonnes, up by 6.3% over 2009. Following is top ten producers with the production over 100 million tonnes. Country Volume YoY China 3240 8.9 USA 985 2.1 India 570 2.5 Australia 424 2.9 Russia 317 4.7 Indonesia 306 19.4 South Africa 254 1.3 Germany 182 -1.5 Poland 133 -1.6 Kazakhstan 111 9.2 In million tonne) (Sourced from SteelHo...

Arabian Business reported Brent drops below USD 110 on weak US data

Arabian Business reported that Brent crude futures edged down after rising nearly USD 2 per day earlier as soft US economic data renewed fears of weaker oil demand from the world's top oil consumer and a rebound in the dollar spurred selling. Brent crude for September fell 26 cents to USD More I...

ABG Infralogistics announced Q1 PAT zooms to INR 5 crores

ABG Infralogistics Ltd has announced the financial results for the Period ended June 30th 2011. The company has reported net sales / income from operations of INR 37.79 crores for the quarter ended June 30th 2011 against INR 35.48 crores for the quarter ended June 30th 2010. The net profit More I...

ET reported that Scooters India sale likely to delay till UP polls

ET reported that strategic sale of Lucknow based PSU Scooters India Ltd may get postponed till Uttar Pradesh Assembly polls, which are scheduled in April/May next year. Sources said that "A lot depends upon the political will in terms of timings of stake sale.” While the Union More I...

Mr PN Rao GM steel of Visakhapatna says Bloom storage yard management software System inaugurated at RINL VSP

Mr PN Rao GM steel of Visakhapatnam Steel Plant inaugurated the ‘Single Window Bloom Storage Yard Management System’ on August 17th which facilitates the management of all process activities of the entire Bloom Storage Yard of SMS, viz planning, stacking, issuing, monitoring and More I...

Thursday, August 11, 2011

Macroeconomic indicators - Bulgarian consumer confidence up in July

The National Statistics Institute said that in July 2011, the total consumer confidence indicator in Bulgaria increased by 1.3 percentage points because of an increase by 1.9 percentage points of confidence among city dwellers. But the value of the indicator for rural inhabitants dropped 0.5 ...

Chinese steel price index continues to decreasing on August 10

The Chinese Long Product Price Index CLPPI went down by 11 points on August 10th 2011 whereas the Chinese Flat Products Index CFPPI went down by 4 points. The overall price index CHISPI went down by 7 points. Class 09-Aug 10-Aug Change % CLPPI 7719 7708 -11 -0.1% CFPPI 7615 7611 -4 -0.1% CHISPI 7660 7653 -7 -0.1% CLPPI - Chinese Long Product Price IndexCFPPI - Chinese Flat Product Price IndexCHISPI - Chinese Steel Price IndexLong Products Category 09-Aug 10-Aug Change % PI - WRC 6473 6471 -2 0.0% PI - Rebar 9227 9204 -23 -0.2% PI-...

Rising imports threaten Brazilian flat mills

According to data released by foreign trade ministry, Brazil's steel flat imports totaled 245,000 tonnes in July 2011, soared substantially by 70% in comparison of 144,000 tonnes in June 2011. As a result, it has been worried about the rising imports would threaten the local ...

Chinese domestic steel billet price on August 10

Billets150*150Q235 Location In CNY In USD Fujian 0 0 Liaoyang 0 0 Linfen 0 0 Linzhou 0 0 Shandong 0 0 Tangshan 10 2 Tianjin 0 0 Zibo 0 0 Average 1 0 Change is on 10th August as compared to 9th August 2011Change is per tonneUSD:CNY = 6.42To know exact prevailing steel prices in China on daily basis, subscribe to services of www.steelprices-china.com by registering or sending a mail to admin@steelprices-china.com. Please note that this is a paid service.(Sourced from www. steelprices-china.co...

Novorossiysk Commercial Sea Port H1 net profit up by 3pct

Interfax reported that OJSC Novorossiysk Commercial Sea Port increased in net profit according to Russian accounting standards by 2.9% to RUB 4.144 billion in January to June 2011.The company sales revenue went down by 8% to RUB 4.7 billion. Gross profits decreased by 13.5% to RUB 3.34   <a href="http://www.steelguru.com/russian_news/Novorossiysk_Commercial_Sea_Port_H1_net_profit_up_by_3pct/219371.html">More Info</a>  ...

Macroeconomic indicators - China CPI growth widened to 6pct in July

China Knowledge quoted according to statistics released by the National Bureau of Statistics China consumer price index, the major gauge of inflation increased 6.5%YoY in July this year reflecting the highest level since June 2008.According to the statistics the CPI in urban areas rose   <a href="http://www.steelguru.com/chinese_news/Macroeconomic_indicators_-_China_CPI_growth_widened_to_6pct_in_July/219347.html">More Info</a>  ...

Saudi Arabia energy demand to grow by 8pct annually

Saudi Arabia's energy demand will grow at 8% annually from the current peak levels of 44,000 MW to triple the current offtake by 2032 at 121,000 MW.The architectural and consumer lighting sectors alone account for nearly a quarter of the power use in the Kingdom. To cope with this   <a href="http://www.steelguru.com/middle_east_news/Saudi_Arabia_energy_demand_to_grow_by_8pct_annually/219331.html">More Info</a>  ...

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