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Industry Views
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On Friday, The CME Group's Corn, Soybean and Wheat Markets Are Expected to Start Higher
Jan 3, 2014On Friday, the CME Group's corn, soybean and wheat markets are expected to start higher. The early calls for the commodities on Friday, January 3, 2013, are higher. Corn is seen opening 1-2 cents higher, soybeans 2-4 cents higher, and ...
Tags: Corn, Soybeans, Agriculture, Food
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Taiwanese Feng Hsin Has Announced to Cut Its Rebar Price by NT$200/ton
Jan 3, 2014Taiwanese Feng Hsin has announced to cut its rebar price by NT$200/ton in the beginning of this week. It is reported that some of southern Taiwan's rebar mills plan to cut is rebar base price to NT$17,200/ton to win more orders; however, ...
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Taiwanese OFCO Said The Company's Sales Performance Improved in Last November
Jan 3, 2014OFCO Industrial Co., one of the major manufacturers of fastener products in Taiwan, said the company’s sales performance improved in last November, as it has increased its capacity utilization rate in the month. Shipments in ...
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Kobe Steel to Build The Aluminum Sheet Plant for Auto Industry
Jan 3, 2014Tianjin Xiqing economic development area and Kobe Steel mutually signed a contract to build the aluminum sheet plant for auto industry. The total investment is about RMB1.36 billion in producing high-end aluminum sheet for car usage. ...
Tags: steel, metallurgy
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Arcelormittal Plans to Restart Its Galvanizing Line in April 2014 in Asturias
Jan 3, 2014ArcelorMittal plans to restart its galvanizing line in April 2014 in Asturias, which located in northern Spain region. The company’s first line will be started in early April, but it doesn't have a specific time. The first line is ...
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JSW Announces to Launch Automobile Steel Plate Production Line in March 2014
Jan 3, 2014JSW Steel, Indian-based steel company, announces to launch automobile steel plate production line with annual capacity about 2.3 million tons in March 2014. The company will become the first commercial production scale automotive steel ...
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Details of The New Additions to Land Rover Australia's Showroom in 2014
Jan 3, 2014Details of the new additions to Land Rover Australia’s showroom in 2014. Range Rover Evoque update (February) Land Rover claims the introduction of a nine-speed automatic transmission and new driveline technologies will make the ...
Tags: Land Rover, Evoque
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South Korea's New Car Registrations Rises by 19.88% Compared to The Same Period of 2012
Jan 3, 2014In November last year, South Korea's new car registrations decreased by 2.13 percent month on month to 13,853 units, up 15.26 percent year on year, according to the data released by the Korea Automobile Importers and Distributors ...
Tags: new car
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WISCO's Cold Rolling Tinplate Mill No.4 Was Officially Put Into Production on January 1
Jan 3, 2014Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Corp. (WISCO) has announced that its cold rolling tinplate mill No. 4 was officially put into production on January 1. The cold rolling tinplate mill No. 4 is the key ...
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NBS: China's Manufacturing Pmi Is at 51.0 Percent in December Last Year
Jan 3, 2014The purchasing managers' index (PMI) for China's manufacturing sector was at 51.0 percent in December last year, down 0.4 percentage points compared to November but remaining above 50 percent for the 15th consecutive month, according to ...
Tags: PMI
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The HSBC Purchasing Managers' Index Declined to 50.5 in December Last Year
Jan 3, 2014The HSBC purchasing managers' index (PMI) for the Chinese manufacturing sector declined to a final reading of 50.5 in December last year, constituting the lowest level in the latest three months but still remaining above 50. In November, ...
Tags: PMI
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Euro Zone Manufacturing Has Rised to Its Highest Level Since June 2011
Jan 3, 2014Markit's Eurozone Manufacturing Purchasing Managers Index (PMI) was at 52.7 points in December, up from November's 51.6 points and unchanged from the earlier flash estimate, rising to its highest level since June 2011. Among the countries ...
Tags: PMI
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Coal Exports From PWCS up 3.15 Percent Compared to The Same Period Last Year
Jan 3, 2014Coal exports from the Port Waratah Coal Services (PWCS) terminals based at Port of Newcastle in New South Wales, Australia, totaled 9.50 million mt in December last year, increasing by 24.49 percent compared to November, according to the ...
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Pipe Joint Producer Acquired by Northwest Pipe
Jan 3, 2014Vancouver, Washington, US-based Northwest Pipe Company has announced that it has acquired Permalok Corporation, a fabricator of steel piping utilizing the Permalok patented interlocking pipe joining system. Permalok's interlocking pipe ...
Tags: steel pipe, metallurgy
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Moody's Confirmes Hyundai Steel Co Ltd's Baa3 Rating with a Negative Outlook
Jan 3, 2014International credit rating agency Moody's has confirmed South Korea-based Hyundai Steel Co Ltd's Baa3 rating with a negative outlook. Moody's stated that the rating confirmation primarily reflects the positive impact that the merger ...
Tags: steel, metallurgy
