Chile’s peso weakened as copper declined on concern US authorities have made little progress in talks to avoid automatic tax increases and spending cuts. The currency depreciated 0.1% to 481 per US dollar at the close in ...
Tags: copper market, Chilean peso, fiscal cliff
Good news for glass companies focused on the multi-family and remodeling segments:Optimism reigned during the National Association of Home Builders'(NAHB)Construction Forecast webinar today.David Crowe,NAHB chief economist,opened the ...
Tags: glass industry, NAHB, construction
According to preliminary government data, steel imports declined in October by 2.5% compared to September. Mr David Phelps president of AIIS said that "Steel imports declined again in October as demand softened across most product lines. ...
Tags: structural steel, steel scrap price, iron ore price news
Reuters reported that London copper edged up bracing to finish the month higher on signs that a recovery in China's economic growth took root in November although worries over Europe and the United States kept gains constrained. Three ...
Tags: copper price, China's economic growth, world's economy
Reuters reported that London copper inched up after a prominent US lawmaker expressed confidence the world's top economy would avert a looming fiscal crisis but worries China's return to growth will be sluggish weighed on sentiment. ...
IRIS reported that CapitalVia Global Research has come out with report on commodity outlook for the week. It gave following outlook on gold, silver and copper: Gold - A gold future is trading at lower levels as the sharp rise in rupee ...
Tags: price for gold, gold and silver, commodity trading, gold commodity
Reuters reported that strike while the iron is hot, the old saying goes, and a legion of iron ore miners setting up in Canada's remote Labrador Trough want to do just that. But, for now, they have to wait. Iron ore, the main component of ...
Tags: iron ore price news, steel scrap buyers, stainless steel, buy steel pipe
Steel Market Update Steel Buyers Sentiment Index was measured at +16 down 7 points from the +23 registered during the middle of November survey and back to the exact same level measured at the beginning of November. Any reading above zero ...
The results of the quarterly Manufacturers Alliance for Productivity and Innovation(MAPI)Survey on the Business Outlook indicate slowing growth for U.S.manufacturing over the next three to six months.But despite posting a 5 percentage point ...
Tags: MAPI, Business Outlook, U.S.manufacturing
According to the OECD's latest Economic Outlook,the global economy is expected to make a hesitant and uneven recovery over the coming two years.Decisive policy action is needed to ensure that stalemate over fiscal policy in the United ...
Tags: fiscal cliff, labour markets, recession, OECD
All major segments of construction spending increased in October,bringing total spending to a 37-month high at an annualized rate of$872 billion,according to an analysis of new federal data released by the Associated General Contractors of ...
Tags: private nonresidential construction, employment, fiscal cliff, worker
NYMEX January crude and ICE Brent futures settled lower Friday as bullish headline numbers on US unemployment were not enough to keep oil futures from weakening on macroeconomic concerns. January crude settled 33 cents lower at ...
The total U.S.construction employment for August 2011 through August 2012 fell in 164 out of 337 metropolitan areas,according to a report from the Associated General Contractors of America.The report also notes an increase in employment for ...
Tags: construction employment, the USA
Building on the successful debut of the inaugural 2012 Global Summit in Bangkok,Cotton International will once again unite the global cotton and textile industries to address the challenges and opportunities facing the full cotton value ...
Tags: cotton value chain, textile, ITMF
Back in 2006,USDA's Advisory Committee on Biotechnology and 21st Century Agriculture published a report predicting what U.S.and world agriculture might look like in 2015.That's basically two years away from now,close enough to apply a ...