According to data released by Brazil’s customs, Brazil imported 97,000 tons of steel products in June, slumping by 36% from May. Industry source indicated that the slumped import of steel products was caused by depreciated ...
Tags: Steel Imports, Mineral
Due to down market prices and stagnant real estate market, the majority of the associate companies have reported losses and face challenges in the first half of the year in 2013. According to data, the steel production of Vietnam Steel ...
Tags: estate market, Construction, Decoration
Chill winds are sweeping the Chinese liquor (baijiu) industry, and competition in the low and middle ranks of the market will persist as the government continues a crackdown on luxury official banquets, analysts said. "We believe the ...
Tags: Distiller, Chinese Liquor
The premium of second-month cash Brent to front-month cash Dubai widened to $4.08/barrel Tuesday, the first time the spread has breached $4/b since early-March as a combination of a rising Brent complex and lower fuel oil cracks have ...
According to data released by the National Institute of Statistics (Inei) and the country’s two steelmakers, Aceros Arequipa and Gerdau's Siderperu, Peru’s rebar output totaled 89,580 tons in April, rising by 12% from a79, 956 ...
Tags: Rebar, Construction&Decoration, April
Reportedly, the Chinese steel giant Baosteel announced to cut its export prices for austenitic stainless steel coils by US$100/ton due to lower nickel prices. The official of Baosteel stated that the company decided to cut austenitic ...
Tags: Baosteel, Austenitic Stainless
The US’s import licenses for stainless products totaled 79,994 tons in June, decreasing by 27.23% from 109,930 tons in May, according to data released by the US Department of Commerce's (DOC) Import Administration. In June, the ...
Tags: Stainless Products, Mineral
Northwest European fuel oil cracks have slumped to four-month lows after Brent crude prices rallied on political turmoil in Egypt. The high sulfur fuel oil barge crack -- the discount of FOB Rotterdam 3.5% sulfur fuel oil barges to Dated ...
About a third of the country's baby formula businesses will be axed, in what experts are calling a major consolidation of the industry. The government has been trying to revive the industry since the 2008 melamine scandal, but consumer ...
Tags: Baby Formula, milk powder
The Aussie slumped to a fresh 33-month low today as the US central bank signalled plans to rein in its stimulus program before the end of the year and China's economy showed more signs of a slowdown. At 5pm AEST, the Aussie was trading at ...
The Platts July Japan Korea Marker was assessed at $14.675/MMBtu Friday, gaining $0.125 from the previous Friday's $14.55/MMBtu, as buyers waded back out into the market for summer cargoes. Despite expectations that the lifting of the ...
The Australian share market has closed strongly, posting its biggest gain in a single day so far this year. Strong overnight gains in US stocks after positive retail and jobless data and reports suggesting stimulus measures there were not ...
Tags: Stock Market
Billings plunged 32% compared to corresponding quarter in 2012 Global semiconductor manufacturing equipment billings have reached $ 7.31bn during the first quarter of 2013, according to a SEMI's latest report. The report revealed that ...
Tags: Semiconductor, Electrical, Electronics
The Australian dollar slumped to a near three-year low during Asia trade after local economic data disappointed and Goldman Sachs warned the resource-rich country was at risk of a steep economic downturn. New government figures today ...
Tags: Australian Dollar, Service
Demand in the Turkish polymer market has slumped as riots have erupted in major cities and the local currency has tumbled, sources said this week. "There is instability, and the issue of payments, caused by political unrest. It is very ...