Gildan Activewear reported second-quarter revenues rose 4.9 percent to $548.8 million. Adjusted net earnings were $79.2 million, or 64 cents a share, up 8.9 percent The company had projected net sales for the quarter in excess of U.S. ...
Tags: Sports Apparel, Apparel, Sporting Goods, Recreation
The Spanish textile Industry Price Index (IPRI) for the month of March 2014, registered a rise of 0.2 percent, compared to the same month last year, as per the data released by the National Statistics Institute (INE) of Spain. The IPRI ...
Tags: Textile Industry, apparel
Finland-based steelmaker Ruukki has issued its financial results for the first quarter of the current year, stating that it expects demand for steel to pick up slightly in 2014. Nevertheless, demand growth will continue to be limited by ...
Tags: Steel Demand, Ruukki
The US steel sheet market continued to report offers from producers above published minimum base prices, as mills look to keep upward pressure on pricing amid supply tightness. Buy-side sources reported higher offers from multiple mills ...
Tags: Steel Sheet, Steel Sheet Market
Delta Apparel, Inc. reported that for its fiscal 2014 second quarter ended Mar. 29, 2014, net sales were $114.5 million versus $120.1 million for the comparable 2013 period. The 5 percent sales decline was due primarily to unseasonably cold ...
Tags: Sporting Goods, Recreation, Sporting Apparel
Cytec Industries Inc. announced net earnings for the first quarter of 2014 of $55.9 million or $1.52 per diluted share on net sales of $489 million. Included in the quarter for continuing operations is a special item in the amount of $3.8 ...
Tags: Cytec, Aerospace Materials
Mount Airy, North Carolina-based wire producer Insteel Industries, Inc. announced that net earnings for its fiscal second quarter ended March 29, 2014 totaled $3.5 million, or $0.19 per share compared with $3.7 million, or $0.20 per diluted ...
Tags: Insteel Industries, wire producer
The annual value of US market sales of LED-based production lighting will double over the period 2013-2020 forecast period, according to market analyst ElectroniCast Consultants. The market forecast considers the use of LED-based lamps in ...
Tags: LED Lighting, LED Market
Finland-based stainless steel producer Outokumpu said Monday it has seen a small upturn in stainless demand and is cautiously optimistic about forward prospects. CEO Mika Seitovirta told the company's annual general meeting of ...
Tags: Finland, stainless steel
Global consumption of packaged LED chips used in signage/professional displays will rise at an average annual rate of 11.9% from nearly $2bn in 2014 to $3.56bn in 2019, forecasts a new study from market research firm ElectroniCast ...
Tags: LED, Electrical, Electronics, LED chips, LED Lighting
Schnitzer Steel Industries, Inc. reported Thursday adjusted earnings per share of $0.13 and earnings per share of $0.07 for its fiscal 2014 second quarter ended February 28, 2014. The Metals Recycling Business delivered a substantial ...
Tags: steel, Metallurgy, Mineral
The number of businesses indicating they will hire staff in the months ahead has increased for a third consecutive quarter, supporting a view that underlying economic conditions are stable and that confidence is sound in spite of recent ...
Tags: Service, Employment
Shanghai Province-based Chinese steelmaker Baoshan Iron and Steel Co. Ltd (Baosteel) has issued its financial report for 2013, stating that in the given year it achieved an operating revenue of RMB 189.688 billion ($31.1 billion), down 0.76 ...
Tags: Steel, Baosteel, Metallurgy, Mineral
The average selling price for Class 8 trucks reached just over $44,400 in February 2014, rising for a second month in a row and setting a new high, but the trend is expected to cool, according to ACT Research. "Despite the record selling ...
Tags: Transportation, Truck, Auto Parts
AK Steel announced Friday that it expects a loss for its first quarter, attributing temporary factors such as an unplanned blast furnace outage. Harsh winter weather--the main complaint for other US mills--was also mentioned as a factor. ...
Tags: Steel, Metallurgy, Mineral