IRIS reported that Broking firm Kotak Commodity Services gave following outlook on base metals segments: Copper - MCX Copper may trade under pressure amid stronger Indian rupee and rangebound movement in international market. LME Copper ...
Tags: base metals, international market, rangebound movement
Reuters cited Mr Murilo Ferreira CEO of Brazil's Vale SA as saying that he expects iron ore prices to range between USD 110 per tonne and USD 140 per tonne next year. Spot iron ore prices were at USD 116.90 per tonne last week. That was ...
Tags: iron ore price news, steel scrap price, iron, mining
US infant formula group Mead Johnson has lowered its full-year sales outlook, citing a slowdown in Chinese demand. In its second-quarter earnings release today (26 July), Mead Johnson reduced its full-year sales guidance to a range to ...
Tags: Mead Johnson, full-year sales outlook, slowdown, Chinese demand, earnings
Those who are familiar with my work know that I like it when investment ideas remind me of prior decisions that have worked out well.Corning(GLW)reminds me of other cyclical stocks that have done well once earnings estimates first start to ...
Tags: Corning, cyclical stocks, LCD glass
People Daily Online reported that demand for steel in China is expected to rise 4.1% in 2013, as the nation's economic growth gets back on track. The 2013 China Steel Demand Forecast also predicted a decline in iron ore prices due to ...
Tags: 2013 China Steel Demand, demand for steel, Crude steel output
A little heralded change to China's crude import rules may have a much greater impact on Asia's fuel oil market next year further depressing margins for the residue. Industry sources said that China National Chemical Corporation may be ...
Tags: teapot, PetroChina, Sinopec, CNOOC, fuel
European reformate prices have dropped sharply as the Europe-China reformate arbitrage route has closed following a drop in domestic gasoline prices in China, sources said this week. Last week, the Chinese government decreased domestic ...
Tags: reformate prices, gasoline prices, energy
Heavy equipment makers are pinning their hopes on a stimulus fuelled rebound in China in 2013, after suffering another bruising quarter as the global economy slowed faster than expected with little respite seen before the end of the year. ...
West Fraser Timber Co. And Western Forest Products Inc. Are leading Canadian lumber producers to the biggest combined profit since 2006 as mills run at five-year highs to feed a U. S. Housing rebound and near-record Chinese demand. Lumber ...
Tags: market view, lumber
West Coast log and lumber exports in the first nine months of the year already have surpassed exports for all of 2010, largely because of Chinese demand, the U. S. Forest Service reported Monday. Along the entire West Coast, log exports ...
Tags: market view, lumber
Unless drastic changes interrupt the development of the global economy, the production value of Taiwan`s machinery industry will approach the NT$1 trillion mark this year. This prediction results from a study carried out by Huang Yu-chen, ...
Tags: machine