It’s reported that the European alloy surcharges for stainless steel products slumped in June due to weak demand and lower nickel prices. In June, the alloy surcharges for 304 grade cold rolled coils with thickness of 2mm average ...
The worst month on the stockmarket in a year has taken the wind out of investors, with confidence retreating from highs earlier this year amid increasing concern about the global economy and the endgame for stimulus from central banks. ...
Tags: Stockmarket, May
According to statistics released by the US Census Bureau, the US’s preliminary steel imports totaled 2.43 million tons in April, rising by 4.3% from 2.33 million tons in March but falling by 14.8% in comparison of 2.85 million tons in ...
Tags: US, Steel, Construction&Decoration
The sharemarket completed its biggest weekly drop in a year as a cocktail of global and domestic concerns drove the nation's benchmark index down all but once in the past five days. The S&P/ASX 200 index slumped 3.8 per cent this week as ...
RATTLED investors are on high alert after the stockmarket suffered its worst week in a year and the Australian dollar slid to a 12-month low on fresh concerns about the slowing pace of global economic growth. Capping a wild week for ...
Tags: Sharemarket, Horror Week, Alert
Apple's dominance in smartphone customer satisfaction faded last year, with rivals like Samsung and Motorola dramatically closing the gap, a national survey said today. Although the iPhone remained the top smartphone by customer ...
With a rise of 6.14 percent, Pakistan's textile exports reached US$ 10.75 billion during the first 10 months of the current fiscal, as compared to exports of US$ 10.13 billion made during the corresponding period of previous fiscal, ...
Tags: Textile
SHARES in the nation's mining services contractors were hit again yesterday on the back of UGL's profit downgrade and stock price plunge, which prompted analysts to cut earnings and price targets for the engineering company. UGL slipped ...
Tubos Reunidos, a leading Spanish seamless tube and pipe producer, has announced its financial results for the first three months of the current year, announcing an 86 percent year-on-year fall in its consolidated net profit to €1.16 ...
Tags: seamless tube, pipe producer
Prices of poultry products in China could rise sharply as early as next month as the waning H7N9 virus helps consumers regain confidence in poultry meat and eggs, experts said. Since late March, authorities have closed many poultry ...
Australian stocks recovered from a steep intraday fall to close only marginally lower yesterday, as the Reserve Bank cut interest rates to a record low. The benchmark S&P/ASX 200 closed down 12.5 points, or 0.2 per cent, at 5143.7, after ...
Tags: Stocks Lift, Australian stocks
It’s reported that Indian miner Sesa Goa launched its financial result for the fourth quarter and the fiscal year 2012/13 ended on March 31st. Sesa Goa posted a net profit of INR2.98 billion for the fourth quarter of this year, ...
Tags: Sesa Goa, Net Profits
According to data released by the Chinese customs, China exported 177,933 tons of stainless steel flat products in March, rising by 32.9% from a month ago. In the first three months of this year, the country's exports of stainless steel ...
Tags: Stainless Steel Flats, Metallurgy, Mineral, Energy
It's reported that the Chinese Benxi Steel announced that its net profits slumped by 91% from a year ago to RMB69.38 million in 2012. The company stated that high raw material prices and sluggish demand caused its net profits slump last ...
Tags: steel, Metallurgy, Mineral, Energy
Reportedly, ArcelorMittal CEO Lakshmi Mittal said that high labor and energy costs made ArcelorMittal less competitive and regretted the closure of furnaces. He said the energy costs to come down like the United States and Germany will be a ...
Tags: Energy, Transportation