It's reported that Brazilian steelmakers' intention to hike domestic steel prices is being considered possible but is anticipated difficult and questionable. According to UK bank HSBC analyst Mr. Jonathan Brandit that there ...
Tags: Brazil, steel, steel prices
As negotiations for January polyethylene terephthalate contracts continue, some US producers have already begun to turn their sights to February with multiple announcements of 4 cents/lb increases to customers. Indorama Ventures USA ...
Tags: polyethylene, US, Indorama Ventures
Specialty chemicals group LANXESS will increase prices due to ongoing continuous high level of raw material costs. Prices will raise in Europe, Middle East and Africa for Durethan base resin, film and extrusion grades by 0.15 Euro / kg ...
Tags: LANXESS, prices, plastic Durethan
Insteel Industries, Inc. reported Thursday net earnings of $2.4 million, or $0.13 per diluted share for Q1 of fiscal 2013 compared with a net loss of $0.2 million in the same period a year ago. Insteel said that its financial results for ...
Tags: Insteel reports, Insteel Industries, welded wire reinforcement
Prices for polyethylene terephthalate look set to climb over the coming weeks and months, as producers struggle to achieve acceptable margins while feedstock prices increase. So far this year, the European spot price assessment has ...
Tags: PET, price, polyethylene terephthalate, rise
Sault Ste.Marie,Ontario-based flat rolled steelmaker Essar Steel Algoma announced Friday that the Ontario Government has granted the company temporary pension relief in the form of a 12 month deferral of special pension payments effective ...
Tags: Essar Steel Algoma, Ontario, pension service
Sergei Kuznetsov has been CEO of both Severstal International and Severstal North America since July 2009.He joined Severstal in 2002 to head the business planning group created to acquire foreign assets and develop international ...
Tags: US, HDG price, steel price, automotive market
George Adams is President of SA Recycling,located in Anaheim,California,and he has been in the family-owned scrap metal business(Adams Steel)since 1977.Originally started by George's father 35 years ago as a single scrap metal facility,SA ...
Tags: SA Recycling, US scrap market, steel industry, GA, ferrous scrap
According to report,China's steel giant Baosteel said today that it will increase steel prices for February on higher raw material costs and strong outlook for steel demand.This accouchement may encourage other large steel mill to raise the ...
Tags: Baosteel, steel prices, raw material costs, large steel mill
Europe's coatings companies, especially the multinational ones, are reasonably confident they can continue to increase their sales in the short- to medium-term, unless the world is plunged into a second recession. But they are much ...
Tags: coating, Europe, recession, sales, interim results
Economic Times reported that condition for Indian steel players is worse when compared to their global peers. At a time when global steel prices are rising, prices domestically have remained flattish due to subdued demand and continuing ...
Tags: steel, steel prices, flat steel, scrap
CHARLOTTE, N.C. — December 11, 2012 — DAK Americas' will increase the price for all Polyester Staple Fiber (PSF) products by $0.04 per pound effective January 1, 2013. This increase is necessary due to the continued upward ...
Tags: DAK Americas, Polyester Staple Fiber, price, raw material price
DAK Americas' will increase the price for all Polyester Staple Fiber (PSF) products by $0.04 per pound effective January 1, 2013. This increase is necessary due to the continued upward movement of global raw material costs. DAK is ...
Tags: DAK Americas', PSF products, raw material, textile
The survey showed that to 2017 the total global textile machinery market is expected to reach$22.9 billion,the largest proportion of Asian textile manufacturers investing in new equipment. An institution in May 2012 data show that 90%of ...
Higher second-quarter earnings has led US spice maker McCormick & Co. to report an increase in half-year profits. McCormick reported a 3% rise in first-half net income to US$154.9m. In March, the company had booked a 3% decline in ...
Tags: McCormick, report an increase, higher operating profit