Europe
Europe
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NSSMC Released Its Financial Result for The Fiscal Year 2012/13
May 14, 2013Reportedly, Nippon Steel & Sumitomo Metal Corp. (NSSMC), the second largest steelmaker in Japan released its financial result for the fiscal year 2012/13 ended on March 31st. NSSMC posted a net loss of 124.6 billion for the fiscal year ...
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ArcelorMittla FCA Posts US$4.9 Billion for Q1sales,Rising by 3.8%
May 14, 2013Reportedly, ArcelorMittla Flat Carbon Americas (FCA) posts US$4.9 billion for the first quarter sales, rising by 3.8% from US$4.7 billion in a quarter ago, driven by higher selling prices in South America and Mexico. In the first quarter of ...
Tags: ArcelorMittal, Flat Carbon
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Rautaruukki Plans to Increase Its Market Presence in South America
May 14, 2013According to the company executive said in Arminera mining congress, Finish steelmaker Rautaruukki plans to increase its market presence in South America, especially for its special steels, including high strength and wear-resistant sheet ...
Tags: Steelmaker, Steel
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Luxus to Tackl Problem with New Additives Used for Traceable Bread Basket Manufacturing
May 14, 2013According to Luxus bread basket theft and loss has been a problem and has reportedly escalated of late. Luxus are looking to tackle the problem with unique new additives that can be used for traceable bread basket manufacturing. James ...
Tags: Allied Bakeries, Packaging
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Aluminum Production Declined in the First Quarter in Russia
May 14, 2013Russia's National Bureau of Statistics data showed that Russia in the first quarter of primary aluminum production fell 7.5%, nickel production fell 6.9%, zinc production fell 4.2%, lead production fell 19.2%, copper production fell 1%, ...
Tags: Aluminum Production, Aluminum
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Norilsk Will Review Production Levels and Rationalize Output on Falling Nickel Prices
May 13, 2013According to Mr. Deripaska, a major shareholder of the world's largest nickel producer, Norilsk Nickel (Norilsk) that the company will review production levels and rationalize output on falling nickel prices by considering various market ...
Tags: Norilsk, Nickel Output
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UKFT Announces a Dramatic Increase in Funding for UK Exporters
May 13, 2013The UK Fashion & Textile Association (UKFT) has announced a dramatic increase in funding for UK exporters to take part in key international trade shows. In the financial year 2013/4 and 2014/5, UKFT has received a commitment from UK Trade ...
Tags: Global Fairs, Textile
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The European Crude Stainless Steel Output Decreases Slightly by 1% Year on Year
May 13, 2013The European crude stainless steel output totaled around 1.4 million tons in the first two months of this year, decreasing slightly by 1% year on year, according to report of the Germany-based steel service center Damstahl. The combined ...
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Demandware Announces Strong Financial Results for Its First Quarter Ended March 31, 2013
May 13, 2013Demandware, Inc., the industry-leading provider of enterprise cloud commerce solutions, announced strong financial results for its first quarter ended March 31, 2013. First Quarter Highlights - Subscription revenue for the first quarter ...
Tags: Textile, Textile Industry
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Leading Dairy Producer Arla Foods Found a Winning Recipe for Lurpak Spreadables Packaging
May 13, 2013Edited by Lisa McTigue Pierce, Executive Editor -- Packaging Digest, 5/10/2013 12:40:18 AM Leading dairy producer Arla Foods found a winning recipe for its Lurpak Spreadables packaging. A customized container from Superfos and a ...
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Price Spread Between Polyethylene Terephthalate Jumped to a Five-month High of $15/mt
May 13, 2013The price spread between polyethylene terephthalate in Southeast Asia and Northeast Asia jumped to a five-month high of $15/mt Wednesday, from $10/mt a week ago, as high inventory levels in Northeast Asia curbed price gains there. PET on ...
Tags: PET, polyethylene terephthalate
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Italy's Textile Machinery Sector Has Opened 2013 with a Negative Order Intake
May 13, 2013Following a 2012 already suffering from an 11% drop in production, Italy’s textile machinery sector has opened 2013 with a negative order intake compared to the previous quarter. Based on an economic survey conducted by ACIMIT, the ...
Tags: Textile Machinery, Textile
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The Exports of Russia's Stainless Steel Products Rises by 12.3% Year on Year
May 10, 2013Russia’s exports of stainless steel products totaled 57,322 tons in the first quarter of this year, rising by 12.3% year on year, according to data released by the Russia-based SpetsStal Association. In the first quarter of this ...
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Sharemarket Has Closed Flat, Held Back by Weakness Among The Major Banks
May 10, 2013THE sharemarket has closed flat, held back by weakness among the major banks and expectations of a pause on interest rate cuts following the release of encouraging jobs figures. The benchmark S&P/ASX200 index was down 1.4 points, or 0.03 ...
Tags: economy
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Australian Dollar Shrugged off The Reserve Bank of Australia's Latest Interest Rate Cut
May 9, 2013The Australian dollar shrugged off the Reserve Bank of Australia’s latest interest rate cut today, clawing back almost half of the value it lost yesterday, on the back of better Chinese trade data. The local unit traded around ...
Tags: China Surplus, Cool Dollar
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