The US Gulf Coast-Asia arbitrage for isomer-grade mixed xylenes on paper does not appear to be re-opening any time soon, as arbitrage economics continued narrowing, plunging to a five-month low Tuesday, Platts data showed. "The US-Asia ...
Tags: Asia arbitrage, Chemicals, USGC
According to the statistics released by the Turkish Automotive distributor Association (ODD), in the first two months of this year the domestic passenger car market grew by 24.6 percent compared to the same period last year, with sales ...
Touch-based Windows 8 notebooks have been selling well for Taiwanese PC maker Asus, but overall Microsoft’s new operating system has yet to find a major following, the company said. “I think the acceptance of Windows 8 in Q4 ...
Tags: Windows 8, Sluggish, Healthy Touch Notebook
Touch-based Windows 8 notebooks have been selling well for Taiwanese PC maker Asus, but overall Microsoft's new operating system has yet to find a major following, the company said. "I think the acceptance of Windows 8 in Q4 is not so ...
Tags: ASUS, Windows 8, Touch-Based Notebooks
A number of positive signs are starting to emerge regarding the U.S. economy, but there remain political and global headwinds that could slow growth, according to a new report. The Manufacturers Alliance for Productivity and Innovation ...
Tags: Manufacturers, Manufacturing production, Manufacturing
Korean steel giant Posco announced to leave its domestic list prices for austenitic and ferritic stainless steel coils unchanged for March. Posco stated that it decided to roll over its stainless coil domestic prices for March due to ...
The ex-work price of carbon steel hot rolled coil in India for March is expected to keep steady due to sluggish demand and deflating cash flow for traders. For the first two months in 2013, however, Indian mills hiked their HRC prices ...
Tags: HRC, HRC market, HRC prices
The zero excise duty on cotton textiles at fibre, yarn, fabric and garment stages announced in the Union Budget 2013-14 will help reduce prices of end products, according to India Ratings & Research (IRR), a Fitch Group Company. The ...
Tags: cotton textiles, fibre, yarn, fabric, garment stages
On February 28, Hong Kong-based conglomerate CITIC Pacific, which includes special steel manufacturing and iron ore mining among its main business interests, announced its financial results for 2012. Accordingly, in 2012 CITIC Pacific ...
Tags: Iron project, CITIC Pacific, iron ore mining
US spot paraxylene fell $15/mt Tuesday to nearly a one-month low assessment of $1,595/mt FOB US Gulf Coast tracking weaker Asian levels. US spot PX was last seen at this level on January 28, when the assessment was at $1,595/mt FOB USG. ...
Tags: PX prices, paraxylene, PX
Luxembourg-based tubulars producer Tenaris reportedly has predicted that the demand of pipes consumption was likely to remain sluggish in 2013. However, the company also needs to make an adjustment along with new strategy to approach ...
Tags: pipes consumption, pipes, pipes industry
The Australian dollar fell slightly against its US counterpart following a downgrade to Britain's credit rating. At 6.30am AEDT the currency was trading at 103.05 US cents, down from 103.13 cents at Friday’s local close. Ratings ...
Tags: Australian dollar, US dollar, currency
Dutch organic food group Wessanen has widened its net loss in fiscal 2012 due to impairments and restructuring charges. In the 12 month period, net losses widened to EUR53.2m (US$70.1m) from EUR17.1m a year earlier, it said today (22 ...
Tags: Dutch food group, food groupfood
Brescia, Italy-based special steel producer Leali Group has been purchased by Geneva, Switzerland-based Klesch Group. The two companies inked a binding agreement on February 21, according to which the transaction will be completed by the ...
Tags: special steel, steel, special steel producer
US own-label firm TreeHouse Foods has booked a decline in full-year profits as restructuring and other one-off costs hit earnings. In the 12 months to the end of December, net profit slid 6.3% to US$88.4m, the company reported yesterday ...
Tags: Foods FY, TreeHouse Foods, grocery industry