Seeing the notebook industry suffering from weak demand, Taiwan-based cooling fan maker Sunonwealth Electric Machine Industry has turned its focus to non-PC product businesses with the notebook cooling fan business currently accounting for ...
American automobile manufacturer Ford Motor is set to temporarily suspend production at its Romanian plant in November 2013, in response to weak demand in European market. The suspension will be for 13 days and represents the third ...
Tags: automobile, Ford Motor
Stockpiles of iron ore at 25 major ports in China continued to grow last week, marking the third consecutive week of growth, according to a Tuesday report by Xinhua News Agency. Inventories of imported iron ore stood at 76.53 million ...
Tags: Iron Ore, Metallurgy, Mineral, Energy
Total European Union steel tube production is expected to decline by almost four percent this year, according to the Economic and Steel Market Outlook 2013-2014/Q4 2013 Report from the Economic Committee of the European Steel Association ...
Tags: Steel Tube, Construction
In September 2013 the CEP-Indicator of Economic Sentiment for China reaches 18.8 points displaying an ongoing positive sentiment. The CEP-Indicator of Economic Sentiment captures the expectations of financial market experts regarding the ...
Tags: China Economic Panel
The output of the European Union's construction industry is foreseen to drop by 3.5 percent this year, while the downtrend in EU construction sector output is expected to end in 2014 with a rise of one percent predicted for the year, ...
Tags: Construction Output, Mineral
In the third quarter of 2013, Daimler AG once again achieved significantly higher earnings than in the prior-year period. The Daimler Group's EBIT for the period of July through September amounted to €2,231 million (Q3 2012: 1,923 ...
Tags: Daimler AG, Mercedes-Benz Cars
Confronted with the severe cold and weak demand in steel market, Baosteel strives for breakthrough with the fist products. From January to September this year, Baosteel's output of DR materials has finished 104.76% of the planned annual ...
Tags: Metallurgy, Mineral, Energy, steel, baosteel
Swedish high-technology engineering and steelmaking group Sandvik has issued its financial results for the third quarter and the first nine months of the current year. According to the financial results, Sandvik's net profit for the third ...
Spot price assessments for US gasoline plunged to the lowest levels of the year across the country Wednesday, pressured by high inventories and weak demand tied to seasonal changes and more efficient vehicles. Gasoline prices in the US ...
Tags: Metallurgy, Mineral, Energy
It's reported that the Northern European steelmakers have sought to raise hot rolled coil (HRC) prices to €460~€470/ton for the first quarter of 2014. In fact, the production lines of the German steelmakers and some manufacturers ...
Tags: steel, HRC, Construction
Reportedly, the world's largest aluminum producer, Rusal Company plans to cut its aluminum output in 2014. It's learned that Rusal will cut its output by 647,504 tons in 2014. In March, 2013, Rusal has planned to cut output by 300,000 tons ...
Tags: Aluminum, Metallurgy, Mineral
Akzo Nobel N.V. reported third quarter revenues of €3,778 million, 5 percent lower compared with the same period last year. The decrease was a consequence of adverse currency effects and divestments. Lower restructuring costs and ...
Tags: AkzoNobel, Decorative Paints
It's reported that India's steel consumption increased slightly by 0.8% year on year to 36.58 million tons in April-September, affected by weak demand from construction sectors and automobile industry. At the same time, the country's steel ...
Tags: Steel, Construction
It's reported that China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan announced to remain its list prices flat for steel wires and bars unchanged for December. CSC stated that it decided to remain its list prices for steel ...
Tags: taiwan, steel, Steel Wire, Steel Bar