China's acceleration of exports and slowdown of imports in November left the country with its largest trade surplus in more than four years. The improvement of overseas demand increased China's chances of securing an 8 percent trade ...
Tags: trade surplus, China, export, import
Japanese steelmaker Kobe Steel Ltd (Kobe) has posted a net income of JPY 44.17 billion ($452.97 million) in the first half of the current fiscal year which began on April 1, 2013, compared to a net loss of JPY 38.20 billion in the ...
Tags: steel, Metallurgy, Mineral
Major domestic manufacturers accelerating their overseas expansion in developed markets After weathering more than two years of weak domestic sales and struggling with excess capacity, China's construction machinery market is set for a ...
China has this week ordered 58 companies, ranging from steel, coke and cement producers, to cut excess production capacity by the end of the year, in the latest attempt to ease overcapacity in bloated sectors. This is the third batch of ...
Tags: Overcapacity, Metallurgy
Philippines’ abaca output has dipped to 35,060 tons, registering a decline of 5.5 percent during the first half of 2013, compared to 37,120 tons recorded during same period last year, according to data from the Bureau of Agricultural ...
Tags: Abaca Output, Textile
China's largest heavy-duty truck maker, Sinotruk, is poised to maintain growth in its exports this year despite shrinking overseas demand due to the eurozone debt crisis, the company said on Tuesday. The Jinan-based truck manufacturer has ...
Tags: truck, Auto Parts
UK glass manufacturer Allied Glass has broken the £100 million sales barrier for the first time, driven by overseas demand. The company, backed by private equity group Equistone Partners, saw turnover rise to £102 million for ...
Tags: Allied Glass, glass manufacturer, glass
Styrene's premium to its feedstock benzene rose to its highest in four months in the Northwest European market, Platts data showed. The premium was assessed at $346/mt at Friday's close, mainly due to falling benzene prices. The premium ...
Tags: styrene, benzene, Styrene's premium
Major China expandable polystyrene producers, Xingda Group and Loyal Group -- with a combined production capacity of nearly 3 million mt/year -- are operating their plants at reduced rates of 40%-50% this week, before the Lunar New Year ...
Tags: polystyrene, production capacity, China
The Jakarta Post reported that steel products manufacturer PT Saranacentral Bajatama is planning to widen its market to include Southeast Asian countries, such as Malaysia, Myanmar and Thailand to benefit from the low import tariffs ...
Tags: zinc coated steel, steel, steel products, aluminum zinc coated steel
By Adam Currie — Exclusive to Rare Earth Investing News Investor focus shifted east this week as market speculators made it known that they believe China will boost rare earth output to take advantage of potential near-term price ...
Apparel makers in China are shifting their focus on domestic market owing to sluggish overseas demand, according to statistics released by China National Textile & Apparel Council (CNTAC). According to the data, sales of Chinese apparel ...
Tags: domestic market, sluggish overseas demand, apparel manufacturing firms
Japan's output of styrene monomer in November was 222,575 mt,up 23%from October but down 8%year on year,the Japan Styrene Industry Association announced Tuesday. This was the highest production of SM in a month since January when output ...
Tags: Japan, styrene monomer, output, Japan Styrene Industry Association
Monthly coal exports from the three coal terminals in Virginia's Hampton Roads port complex declined 3% in November to 3,251,476 st from 3,352,315 st in November 2011, according to data released Wednesday by the Virginia Maritime ...
Tags: coal exports, metallurgical coal, coal
Turkish rebar producer Izmir Demir Celik Sanayi AS has said that the signs of revival in North African markets, primarily in Egypt and Libya in terms of steel demand along with the recovery in the US and Canadian domestic markets have ...
Tags: iron ore demand, rebar, steel construction, steel company