It’s reported that the Indian steelmakers are seeking to raise hot rolled coil (HRC) prices recently due to increased steel prices in international market and depreciated Rupees. However, market participants said that the Indian ...
Tags: Steelmakers, HRC Prices
In the recent half a month, the carbon steel plate price kept stable on the Italian market. Since the end of July, the transaction volume increased thanks to the rebounding demand for replenishing the stock and some end users. ...
Tags: Carbon Steel Plate
According to data released by the Korea Iron and Steel Association (Kosa), Korea’s exports of hot rolled coils (HRC) totaled 2.21 million tons in the first half of this year, decreasing by 17% year on year, affected by sluggish ...
Tags: HRC import, Mineral
The worldwide IT outsourcing market is poised to grow more slowly than previously expected, reaching $288 billion in 2013, a 2.8 percent increase from 2012, according to Gartner. Looking out further, Gartner predicts a 5.4 percent compound ...
Greencore's third quarter (Q3) results tell a tale of two regions, with strong progress in the US offsetting declines in its UK home market. Greencore's product mix includes a range of prepared meals Italian ready meals, poor weather ...
Tags: Agriculture, Food
As coal prices remain lackluster due to sluggish demand, Shanxi took measures to stabilize the local coal market and ease the mounting pressure that coal producers in the province have been feeling since January. The Shanxi provincial ...
Tags: Local Coal Market, sluggish demand
According to statistics, the EU’s steel pipe output decreased by 6% year on year in the first quarter of this year, caused by soft demand from downstream buyers and sluggish steel pipe market. It’s learned that the market ...
Tags: Steel Pipe, Mineral
Lectra’s Board of Directors, chaired by André Harari, reviewed the consolidated financial statements for the first half of 2013, after a limited review by the Statutory Auditors. Highlights: Revenues: €99.2 million ...
Suppliers sold fewer bikes in June compared to last year, suggesting it is unlikely that the industry will recover from weak sales early in the year. Suppliers were unable to continue momentum from a strong May. Bike sales to IBDs were ...
Tags: Road bikes, Transportation
Finland-based stainless producer Outokumpu announced that its stainless steel shipments totaled 656,000 tons in the second quarter of this year, falling by 8.8% year on year. In the first half of this year, the group’s stainless ...
Tags: stainless Steel, Outokumpu
AK Steel announced that its shipments of stainless and electrical sheets totaled 215,100 short tons in the second quarter of this year, lower than 227,500 short tons in the same period of a year ago, due to oversupply, falling raw material ...
Finland-based stainless steel producer Outokumpu has announced its financial results for the second quarter of 2013. Outokumpu's net loss widened to €250 million in the given quarter compared to a net loss of €152 million in the ...
PPG Industries reported record second quarter net sales in 2013 of $4.1 billion, up 16 percent versus the prior year. Second quarter 2013 reported net income from continuing operations was $341 million, or $2.35 per diluted share. Adjusted ...
Tags: coating, Construction, Decoration
Apple sold 14% fewer iPads in the quarter that ended June 30 than during the same stretch in 2012, while the revenue it earned from those sales plummeted by 27%. Analysts tied the decline in revenue to the iPad Mini, Apple's smaller, ...
Tags: iPad Mini, High Margins
U.S. manufacturers can breathe a sigh of relief that the global economy has taken a few steps back from the brink, with the Federal Reserve and other central banks playing key roles, according to a new report. In the Manufacturers ...
Tags: economy