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ZF Increases Profitability in The First Half of 2016
Aug 15, 2016Friedrichshafen. ZF Friedrichshafen AG has continued its good business development in the first half of 2016. In the first six months of 2016, sales increased to €17.8 billion and the adjusted operating profit (EBIT) rose to €1.1 ...
Tags: ZF, EBIT margin
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Chinese Steel Exports to Decline to 70-80 Mln Tons: Fitch
Dec 24, 2015Rating agency Fitch predicts that China's annual steel exports are likely to fall to 70 to 80 million tons in the long term. Official data shows in 2014, China's steel exports reached 94 million tons. However, more steel production ...
Tags: Chinese Steel, Exports
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Fitch: China Steel Production Capacity to Peak in 2016
Nov 20, 2015China's steel production capacity is likely to peak in 2016 as capacity is eliminated, gradually outpacing additions, Fitch Ratings has predicted. The rating agency expects China's steel production capacity to increase to about 1.17 ...
Tags: steel production, Steel
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Fitch Says Bangladesh Outlook Stable
Sep 1, 2015Global credit-rating agency Fitch has projected Bangladesh's economic outlook as stable for the current year also, but with a footnote that political and banking-sector risks remained on the flip side, a leading Bangladeshi newspaper has ...
Tags: Fitch, economic outlook
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'Global Economic Growth in Next 2 Years to Remain Muted'
Aug 19, 2015Global economic growth will be muted over the next two years, Moody's Investors Service has said in a quarterly report. According to the report titled “Global Macro Outlook 2015-16: Risks to muted global growth from Chinese asset ...
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Ind-Ra Has Maintained an Overall Stable Outlook for The Cotton Textile Sector for Fy16
Jul 10, 2015Credit rating agency India Ratings and Research (Ind-Ra) has maintained an overall stable outlook for the cotton textile sector for FY16. This is led by stable spinning margins in the cotton yarn segment, range-bound cotton prices and ...
Tags: textile manufacture, garment manufacture, cotton textile
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Cotton Prices Will Remain Range-Bound During Cotton Year 2016
Jun 25, 2015Cotton prices will remain range-bound during cotton year 2016 even if domestic production declines by 10 to 15 per cent, according to ICRA, an independent and professional investment information and credit rating agency. In a report ...
Tags: Cotton Prices, Cotton
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India Ratings Projects Increase to 7.7%
Apr 29, 2015A leading domestic rating agency India Ratings has projected a 7.7 per cent growth this fiscal driven by domestic demand. The projection is marginally low from the official growth forecast of 7.9 per cent. "We expect GDP to grow by 7.7 ...
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An Already Grim Situation Baout Coal Industry Made Worse by Weak Demand
Jan 27, 2015Coal provides nearly two thirds of China's energy, but for mining companies, this winter could not be more chilly. The government has done its best to save the day, but it is not enough to force up the price of coal, even in the short ...
Tags: Coal Industry, Coal
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One of The Big Benefits of The Sharp Fall in Oil Prices:a Drop in Raw Material Costs
Jan 21, 2015For coatings producers one of the big benefits of the sharp fall in oil prices in the second half of last year (2014) should be a drop in raw material costs. Some commentators are also predicting a rise in demand due to the effect of ...
Tags: Oil Prices, Raw materials, Construction
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IVL Reports Core Net Profit of THB 3.6 Billion in The First Nine Months of Fiscal 2014
Nov 18, 2014Thailand based, Indorama Ventures Public Company Limited (IVL) said in the first nine months of fiscal 2014, its core net profit skyrocketed in triple digits, from the same period of previous fiscal year. IVL, a producer of intermediate ...
Tags: intermediate petrochemicals, crude oil prices, Textile
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S&P Expects Tata Steel's Operating Performance to Improve Over The Next 12 Months
Oct 21, 2014International credit rating agency Standard & Poor's Ratings (S&P) has announced that a potential sale by Indian steelmaker Tata Steel of its European long steel products business and associated distribution activities is credit positive ...
Tags: steelmaker, Tata Steel
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Moody's Announced The Outlook for The European Steel Industry Will Remain Stable
Sep 22, 2014International credit rating agency Moody's has announced that the outlook for the European steel industry will remain stable until 2015, despite anticipated capacity utilization and profitability improvements. According to Moody's report, ...
Tags: steel industry, Moody's
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Fitch Ratings Has Affirmed Mining Company Samarco'S Rating at BBB
Aug 20, 2014International credit rating agency Fitch Ratings has affirmed mining company Samarco’s rating at BBB, with a stable perspective, it said recently. The rating is based on Samarco’s highly profitable operations, low-cost ...
Tags: Fitch Ratings, BBB, Energy
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Tata Steel's Operating Performance Will Improve Over The Next Three Years
Aug 13, 2014Global credit rating agency Standard & Poor's Ratings Services has announced that it has revised the outlook on India-based steelmaker Tata Steel to stable from negative, while affirming its 'BB' long-term corporate credit rating on Tata ...
Tags: Tata, improve, Metallurgy, Mineral
