Asia
Asia
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The Aggregate Gross Profit of Steel Enterprises in Hebei Province Totaled RMB 9.02 Billion
May 17, 2013In the first quarter of the current year, the aggregate gross profit of steel enterprises in China's Hebei Province totaled RMB 9.02 billion ($1.45 billion), up 34.75 percent year on year and accounting for 21.76 percent of total gross ...
Tags: Steel Enterprises, Steel
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Japan's Output of Galvanized Steel Sheets in Q1 of This Year,Increasing by 5.1%
May 17, 2013According to data released by Japan Iron and Steel Federation (JISF), Japan’s output of galvanized steel sheets totaled 2.96 million tons in the first quarter of this year, increasing by 5.1% from a quarter ago but falling by 2.8% ...
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Erdemir Released Its Financial Result for The First Quarter of This Year
May 17, 2013Erdemir, the largest steelmaker in Turkey released its financial result for the first quarter of this year. The company posted net profits of TRY 228.25 million for the first quarter of this year, soaring by 84.14% year on year. In the ...
Tags: Erdemir, steelmaker, steel
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Shares in The Nation's Mining Services Contractors Were Hit Again
May 17, 2013SHARES 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 ...
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Sharemarket Finished Lower as Weaker Commodity Prices Weighed
May 17, 2013THE sharemarket finished lower as weaker commodity prices weighed on the nation's biggest mining stocks. At 4.15pm AEST, the benchmark S&P/ASX200 index was down 26 points, or 0.5 per cent, at 5165.7 points, while the broader All ...
Tags: economy
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Sharemarket Falls as Offshore Sellers Continued to Pound The Resources Sector
May 17, 2013THE sharemarket recorded its first two-day fall for the past two weeks yesterday as offshore sellers continued to pound the resources sector and share index futures on the back of weakening commodity prices and recent profit warnings in the ...
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Taigang Stainless Raises Its Export Prices for 400 Grades Stainless Steel Products
May 17, 2013Taigang Stainless, the largest steelmaker in China announced to raise its export prices for 400 grades stainless steel products by US$10/ton for July delivery, in order to reflect higher ferrochrome prices. After the adjustment, its export ...
Tags: Taigang Stainless, Stainless
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US Steel Service Center's Shipments in April,Increasing by 2.1% Year on Year
May 17, 2013According to data released by Metals Service Center Institute (MSCI), the US steel service center’s shipments totaled 3.63 million short tons in April, increasing by 2.1% year on year and rising by 5.8% from a month ago. In April, the ...
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The Quotations of The CIF Bremen Index Moved to a Level Last Recognized Two Weeks Before
May 17, 2013After a sharp fall of the ICE futures at the end of the previous calendar week the quotations of the CIF Bremen Index moved to a level last recognized two weeks before. One reason for the downturn of prices was obviously the release of ...
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Suryalakshmi Cotton Mills Reported Its Audited Profit & Revenue Numbers with a 5.11 % Rise
May 17, 2013One of the leading denim manufacturers in India, Suryalakshmi Cotton Mills Ltd, reported its annual audited profit & revenue numbers with a 5.11 % rise in revenue and a robust 7.28 % jump in the net profit for the year ended on March 31, ...
Tags: Cotton Mills, Cotton
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It Was Assessed by SunSirs That in The Tracked 100 Spot Commodities
May 17, 2013It was assessed by SunSirs that in the tracked 100 spot commodities,19 commodities increased in prices, 34 fell and 47 remained unchanged on 15/05/2013.The largest rises were Dried cocoons (1.51%),PET (0.98%),Acetone (0.79%),while the ...
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Flat Glass Prices Saw a Slight Decrease of 0.9 Percent
May 17, 2013Flat glass prices saw a slight decrease—just 0.9 percent—from March to April, according to the latest Producer Price Index Report from the U.S. Labor Department. The index was listed at 115.8 for April, compared with 116.8 for ...
Tags: Flat Glass Prices, Flat Glass
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Raute Posted 55% Higher Sales Than in The Same Period of Last Year
May 17, 2013In the first quarter, the Finnish machinery and plant engineering company Raute posted 55% higher sales than in the same period of last year at €23.4m. Last year’s relatively low level must be taken into account when comparing ...
Tags: Raute, Construction
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New Car Sales in Southeast Asia from January to March Up 28%
May 16, 2013Sales of main 6 countries of Southeast Asia from January to March were 943,505 vehicles, an increase of 28%. By the demand policy of the governments and strong personal consumption, Thailand and other top four countries became a growth ...
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Japan's Galvanized Sheet Output Amounted to 2.96 Million Mt
May 16, 2013In the first quarter of this year, Japan's galvanized sheet output amounted to 2.96 million mt, rising 5.1 percent compared to the fourth quarter of 2012 but down 2.8 percent year on year. In March, the country's galvanized sheet output ...
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