McCain Foods, a frozen food company based in Canada, is set to close its Penola potato processing plant in South Australia by the end of this year, while leaving 59 jobs at risk. The decision has been taken due to rising input costs, raw ...
Tags: McCain Foods, Potato Processing
Pioneer Foods, a South African food manufacturer, reportedly plans to cut more than 1,200 jobs, as part of its restructuring process to slice input costs in the wake of declining consumer spending. It is believed that employees from the ...
Tags: Pioneer Foods, breakfast cereal
Korean steel giant Posco and the largest carbon steelmaker in Taiwan China Steel Corp. (CSC) have both hiked the prices for steel flat products to Japan by US$50~US$70/ton for the fourth quarter. The price rise is mainly to reflect higher ...
Tags: Steel Flats
Pittsburgh, Pennsylvania-based Allegheny Technologies Inc. (ATI) announced that it completed a strategic review of its iron castings business and its fabricated components business, two small operations that were part of ATI's Engineered ...
Suppliers explore cooling options and materials, and adopt high-power SMD diodes. The model HFS-5050xx4-A LED module from Shenzhen Hansen uses 5050 SMD LEDs in red, green, blue, or warm, natural or cool white. It has an IP65 rating. ...
Tags: LED Modules, Heat Dissipation
Why did the significant growth observed in Turkish steel output following the 2008 economic crisis start to be replaced by reduced outputs this year? Will this declining trend in output slow down in the remainder of the year? After 2008, ...
Tags: Steel Output, Finished Steel
China's Non-manufacturing PMI Increased in September National Bureau of Statistics of China Department of Service Statistics of NBS China Federation of Logistics and Purchasing (CFLP) In September, non-manufacturing purchasing manager ...
The Markit Eurozone PMI Composite Output Index rose to a 27-month high in September, signalling the largest rise in activity since June 2011, according to the flash estimate. The flash PMI rose for the sixth consecutive month, up from 51.5 ...
The recovery in the eurozone manufacturing sector entered its second month during August. At 51.4, up from a flash reading of 51.3, the seasonally adjusted Markit Eurozone Manufacturing PMI® rose for the fourth successive month to reach ...
Tags: economy
It's reported that Yieh United Steel Corp. (Yusco), one of the major stainless steel producers in Taiwan released its list prices for September on August 29th. The company decided to hike its list prices for 300 grades stainless steel ...
Tags: Stainless Steel, steel, Construction, taiwan
It's reported that the Taiwanese steel pipe producers announced to hike list prices by NT$800~NT$1,300/ton for September in order to reflect higher input costs. It's learned that Chung Hung Steel, the major upstream material suppliers to ...
Tags: steel, taiwan, Steel Pipe
It’s reported that Germany’s steelmaker Salzgitter announced to hike its prices for steel flat products by €30/ton, effective from September 1st, driven by higher input costs and better demand. Salzgitter stated that ...
Tags: steelmaker, Salzgitter
It’s reported that Korean Dongkuk Steel announced to raise its rebar domestic sales prices by KRW20, 000/ton to reflect higher input costs, effective from August 19th. After the adjustment, its prices for SD400 rebar with ...
Tags: Dongkuk Steel
Sault Ste. Marie, Ontario-based Essar Steel Algoma, a producer of flat rolled and plate steel products, reported Tuesday an EBITDA loss of $8.4 million for the three month period ending June 30, 2013, compared to EBITDA of $64.2 million for ...
Tags: Steel Prices, Steel Algoma
A double whammy of low consumer confidence in developed countries and lower growth in emerging markets combined to subdue Nestlé’s half yearly trading performance, figures published today reveal. The global food and drink ...
Tags: Nestlé