Europe
Europe
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Thelocal Sharemarket Fell Sharply as National Election Raised Prospect of Another Sell-off
Feb 27, 2013Thelocal sharemarket fell sharply yesterday as an indecisive national election in Italy raised the prospect of another sell-off in European bond markets that could rekindle the continent's debt crisis. Italy was headed for a political ...
Tags: debt crisis, economy
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Sims Metal Management Reported Revenues Totaled $3.4 Billion, a 25 Percent Decrease
Feb 27, 2013Sims Metal Management reported that for the second half of 2012 (first half of fiscal 2013), revenues totaled $3.4 billion, a 25 percent decrease, primarily due to a reduction of intake and shipments in North America. Over the period, Sims ...
Tags: Metal Management, Metal, Metal Industry
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OMK States That in January This Year Its Foundry-Rolling Complex Produced 97,500 Mt of HR
Feb 27, 2013Russian pipe producing company United Metallurgical Company (OMK) has stated that in January this year its foundry-rolling complex produced 97,500 mt of hot rolled flat steel, almost unchanged compared to January 2012, consisting ...
Tags: HR flats output, HR flats, pipe producing
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Hittite Microwave Corp Has Reported Revenue of $68.5m, up 2% on $67.2m Last Quarter
Feb 26, 2013For fourth-quarter 2012, Hittite Microwave Corp of Chelmsford, MA, USA (which designs and supplies analog, digital and mixed-signal RF, microwave and millimeter-wave ICs, modules and subsystems as well as instrumentation) has reported ...
Tags: Hittite, Microwave Corp, revenue
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Sharemarket Opened Almost 1.5% as Italian Elections Stoke Eurozone Fears
Feb 26, 2013The sharemarket has opened almost 1.5 per cent weaker as former Italian prime minister Silvio Berlusconi's strong electoral showing sparked fears of eurozone instability. At 10.26am AEDT the benchmark S&P/ASX200 index was down 75.1 ...
Tags: Stocks, Italian Elections, CMC Markets
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Rising Price Movements Have Again Been Seen in The LME billet Market
Feb 26, 2013In the week ended February 22, rising price movements have again been seen in the London Metal Exchange (LME) billet market, continuing the uptrend observed in the previous week. The following prices were recorded in LME billet contract ...
Tags: LME billet market, billet market, billet
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Australian Dollar Fell Slightly Against Its US Counterpart
Feb 25, 2013The Australian dollar fell slightly against its US counterpart following a downgrade to Britain's credit rating. At 6.30am AEDT the currency was trading at 103.05 US cents, down from 103.13 cents at Friday’s local close. Ratings ...
Tags: Australian dollar, US dollar, currency
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Walter Energy Has Announced Its Financial Results for The Fourth Quarter
Feb 25, 2013US-based metallurgical coal producer Walter Energy has announced its financial results for the fourth quarter and the full year 2012, reporting solid operational progress during 2012 in the face of challenging market conditions. In the ...
Tags: Energy, coal producer, met coal
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Global DRI Production in January This Year in The Countries Reporting to Worldsteel
Feb 25, 2013According to the preliminary data released by the World Steel Association (worldsteel), global direct reduced iron (DRI) production in January this year in the countries reporting to worldsteel amounted to 4.5 million metric tons, declining ...
Tags: DRI output, DRI, Steel
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Global Pig Iron Production in The 38 Countries Reporting to Worldsteel
Feb 25, 2013According to the preliminary data released by the World Steel Association (worldsteel), global pig iron production in the 38 countries reporting to worldsteel accounting for approximately 99 percent of total world blast furnace pig iron ...
Tags: pig iron output, pig iron, Steel
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Italian Crude Steel Output Decreased by 19.7 Percent Year on Year to 1.801 Million
Feb 25, 2013In January this year, Italian crude steel output decreased by 19.7 percent year on year to 1.801 million metric tons, according to the figures released by the Italian steel producers association Federacciai. January is the 10th month in a ...
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Metals Service Center Olympic Steel Announced Thursday Financial Results for Q4 2012
Feb 25, 2013Metals service center Olympic Steel announced Thursday financial results for Q4 2012 and for the full year 2012. Net sales for the Q4 totaled $291.7 million, an 8.8 percent decrease from the Q4 record of $319.9 million reported in last ...
Tags: Olympic Steel, Steel, sales
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In December Last Year, EU-27 Flat Steel Exports Amounted to 1.299 Million Mt
Feb 25, 2013In December last year, European Union (EU-27) flat steel exports amounted to 1.299 million mt, while long steel exports from the EU-27 totaled 0.914 million mt, as announced by the European Steel Association (EUROFER). Accordingly, overall ...
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In January This Year French Crude Steel Production Amounted to 1.3505 Million Metric Tons
Feb 25, 2013According to the latest data regarding crude steel production in France released by the French Steel Federation (FFA), in January this year French crude steel production amounted to 1.3505 million metric tons, down by 1.3 percent year on ...
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Quoted Prices Have Once Again Reached The Previous Level Week After a Short Weakness
Feb 22, 2013The quoted prices have once again reached the level of the previous week after a short weakness. Support was provided by the ICE quotes regarding the upcoming First Notice Day for March as well as recently published official crop reports. ...
Tags: ICE, Bremen, Cotton Prices
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