Speaking at the SteelOrbis 2014 Spring Conference & 70th IREPAS Meeting in Barcelona, Franc Cardona, the marketing and international affairs director of Spanish steel producer CELSA Group, stated that margins in the long steel product trade ...
Tags: Steel, Metallurgy, Mineral
China's Ministry of Transportation (MOT) announced that the overall volume of freight transported on China's railways, roads and waterways in the January-February period of the current year amounted to 6.82 billion mt, up 7.4 percent year ...
Tags: Metallurgy, Mineral, Energy
Once this year's harsh weather has faded, the U.S. economy could be poised for a breakout year — its strongest annual growth in nearly a decade. The combination of an improving job market, pent-up consumer demand, less drag from ...
Tags: Economy
Oxford Industries, Inc. announced financial results for its fourth quarter and 2013 fiscal year ended February 1, 2014. For fiscal 2013, a 52-week year, consolidated net sales rose 7% to $917.1 million from $855.5 million in fiscal ...
Clinton Group, Inc. and its affiliates ("Clinton Group"), the owners of more than 7% of the outstanding common stock of The Wet Seal, Inc. ("Wet Seal") sent a letter to the Chief Executive Officer of Wet Seal last night commending the ...
Tags: Clinton Group, Wet Seal, teen apparel
In afternoon New York trade on Thursday May copper changed hands at $2.936 a pound, erasing all of yesterday's strong gains. Earlier in the day the red metal fell as low as $2.913, down more than 2%, after Federal Reserve Chair Janet ...
Tags: copper, red metal, copper price
ICE Cotton stayed in an uptrend this week with K4 holding ground and settling at 92.19, up over 100 pts. Futures, with the help of a friendly spec contingent that had anticipated the USDA’s lowering of 13/14 carry-out estimate (and ...
Textile- Apparel Sector Value Chain has over 10 Crore people already associated with it and in the past 3 Quarters alone over 1 lakh jobs- were added in the sector despite the slowdown of manufacturing sector and employment market. ...
Tags: Textile, Apparel, employment market
Cold winter conditions have hampered well-completion activity in the US, prompting the Energy Information Administration to revise downward its projections of US crude output for this year. The EIA, in its March Short-Term Energy Outlook, ...
A week of talking about ambitious plans for the Chinese economy was followed by a weekend of reality as key economic data were released. Journalists in Beijing flocked around a beleaguered spokesman whilst analysts elsewhere were cursing ...
Tags: Chinese economy, export data
Copper cathode inventories at China's Shanghai Futures Stock Exchange warehouses rose for the eight straight week to 207,320 mt as of March 7, up 4.6% week on week, according to SHFE data released late Friday. SHFE copper cathode stocks ...
Tags: Copper Cathode, SHFE Warehouses
Dorel Industries reported that its Recreational/Leisure Segment lost $5.4 million after mostly non-cash restructuring charges that reduced its overall earnings by about half. Dorel warned investors in early February that continued ...
Tags: Dorel Industries, Sporting Goods
U.S. productivity grew at an even slower annual rate than previously thought in the final three months of last year. Economists are hoping productivity growth will revive in 2014, reflecting a stronger economy. The Labor Department says ...
Tags: Electrical, Electronics
Americans spent more in January, but the increase came from a surgeA transient variation in the current and/or potential at a point in the circuit. in spending on heating bills during the harsh winter. Spending in areas such as autos and ...
Tags: Energy Costs, durable goods
A key gauge of China’s manufacturing activity fell again in February as companies are becoming increasingly cautious about future business conditions amid sluggish demand both at home and abroad. The official Purchasing ...
Tags: PMI, manufacturing activity