After adjusting for seasonal factors, the HSBC Purchasing Managers' Index (PMI) posted an eleven-month low of 47.7 in July, down from 48.2 in June, signaling a deterioration of business conditions for the third consecutive month, a company ...
Tags: Business Conditions, HSBC PMI
In the corrugated giant's first half of the year statement published today (31 July), chief executive Gary McGann said the growth was the result of improved pricing, continued cost take-out and enhanced efficiency programmes. Revenue for ...
It’s reported that most of the Taiwanese steel pipe makers hiked list prices by NT$500~NT$600/ton for August on July 29th in order to reflect higher input costs. In fact, the price rise of NT$500~NT$600/ton made by steel pipe ...
Tags: Steel Pipe, Mineral
Higher input costs and subdued sales pulled down JK Cement s April to June standalone net profit to INR 30.88 crore, down 55% over the same period last fiscal. The Kanpur based company, which has an installed 75 lakh tonnes per annum ...
Tags: JK Cement
Airline business confidence remains strong, according to IATA's quarterly survey of airline CFO and heads of cargo in July, with 71% of respondents expecting an improvement in profitability over the next 12 months. There is confidence ...
The closure of Premier Foods' Barry mill in the Vale of Glamorgan – with the loss of 43 jobs last week – and plans to reorganise its milling business into two parts could herald its sale, according to City analyst Investec. ...
Tags: Milling Business, Agriculture, Food
Cleantech Solutions International, Inc. a manufacturer of metal components and assemblies, primarily used in the wind power, solar and other clean technology industries and dyeing and finishing equipment to the textile industry, announced ...
US stocks pushed to the highest levels in nearly three weeks as investors await news on whether the Federal Reserve will pull back on its stimulus measures. Small-company stocks were among the best performers in Tuesday's rally, with the ...
It's reported that the Japanese steelmakers have hiked prices for steel long products substantially since this year in order to reflect high input costs. Also, the stable demand from construction industry has supported the Japanese ...
Tags: Steel, Metallurgy, Mineral, Energy
The Eurozone manufacturing downturn eased for the first time in four months in May. Moreover, all sub indices from the latest survey improved on the earlier flash estimates except suppliers’ delivery times. At a 15-month high of ...
Tags: Manufacturing, May, Eurozone
It’s reported that Nippon Steel & Sumitomo Metal Corp. (NSSMC) said that it planned to raise the steel prices by 20% in the first half of current fiscal year (during April through September) as the depreciated Japanese Yen has boosted ...
Tags: NSSMC, Steel Prices, Construction&Decoration
Turkey processor Bernard Matthews has blamed the pressure of rising commodity prices for putting 55 jobs under threat at its cooked meats site in Great Witchingham, Norfolk. Rising input prices have put 55 jobs under threat at Bernard ...
Tags: Turkey processor, Bernard Matthews, Job cuts
Reportedly, the Taiwanese stainless steelmakers including Yieh United Steel Corp. (Yusco) and Tang Eng are going to release June list prices this week. It’s said that the stainless producers planned to remain June list prices ...
Tags: Taiwan, Stainless, Steelmakers, Prices
The Taiwanese steel pipe makers will adjust list prices for June on May 31st. It’s predicted that the Taiwanese steel pipe makers might cut list prices by at least NT$600/ton for June in order to reflect input costs. Chung ...
Tags: Taiwan, Steel Pipe, Construction&Decoration
It’s reported that Nippon Steel & Sumitomo Metal Corp (NSSMC) announced to leave its domestic H-beam prices flat for May contract. It’s known that NSSMC hiked its H-beam spot prices by ¥8,000/ton since January but ...
Tags: NSSMC, H-beam, Construction