The sharemarket has closed slightly weaker as investors sold off defensive and high-yielding financial stocks after a couple of days of gains. At the close today, the benchmark S&P/ASX200 index was down 8.8 points, or 0.18 per cent, at ...
Tags: Stocks
In Q4 2012, activity in the Eurozone contracted by 0.6% (-0.1% in the previous quarter). The decrease in exports put a drag on GDP growth while domestic demand remained on a negative trend. However, in the first quarter of 2013, the ...
The Aussie rallied against the greenback to its highest level in 2 1/2 months on the back of data that showed solid growth in exports to China, the country's largest trading partner, over the past year. China posted a trade deficit of ...
Tags: Dollar, Exports to China
Reportedly, Indian Rashtriya Ispat Nigam Ltd (RINL) planned to raise its steel output by 24% year on year in the fiscal year during April, 2013 through March, 2014 after the company increased producitono from its newly commissioned units at ...
Tags: Steel Output, Steel
According to report, Korea’s major auto sheet maker, Hyundai Hysco said it would commission commercial production at its new plant in Dangjin with annual capacity of 1.5 million tons. The plan is to meet growing demand for auto ...
China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan is going to announce its list prices for electric furnace (EF) Al-killed wire rods for May. Market participants predicted that CSC might leave its list prices for EF ...
Tags: CSC, Steel, steelmaker
It is reported that Korea’s Posco planned to decrease export prices by US$10~US$20/ton for cold rolled coil to China for May shipments compared with contracted prices for the previous month. However, the company has not public ...
Tags: CRC Export Prices, CRC Export
According to data released by the Korean Iron and Steel Association (KOSA), Korea imported around 18,070 tons of cold rolled (CR) stainless steel products in February, rising by 3.7% from a month ago and jumping by 50.1% year on year, ...
It’s reported that the Chinese steelmaker Baosteel’s crude stainless steel output was at around 100,000 tons in this March, lower than the average monthly output of 115,000~120,000 tons in 2012, due to weak demand. The ...
Tags: Chinese Baosteel, Stainless Output
The multinational has agreed to sell the Van der Windt Group, which has operations in Netherlands, Belgium, England and Ireland, to Dutch distribution business the Paardekooper Group for €68.5m. In North American, meanwhile, ...
Tags: Clondalkin, Fortune Plastics
Truck Industry Council (TIC) statistics show that the truck market continues the recent trend of growth compared to the same period in the previous year. The March 2013 truck sales of 2,564 units were the best post-GFC for any March, with a ...
Tags: TIC, truck market, Truck Sales
ODVA has launched an "initiative for process automation" in cooperation with major suppliers to the process industry, including Cisco Systems, Endress+Hauser, Rockwell Automation and Schneider Electric to further accelerate adoption of ...
The revolutionary and low-cost ($4.99 apiece) Stop Drop G-force sensor device informs users if the package has exceeded its permissible G force rating and records the time and date this occurred. It: Detects if and when fragile or ...
Tags: package, Impact Sensor
The relaunch in March was timed to coincide with St Patrick?s Day and marked the culmination of a nine-month project for Bulletproof, which was appointed to the project in June 2012. The new design responds to a brief, Bulletproof said, ...
The jobs will go over the next two years in a plan that will see BCM, the contract manufacturing arm of Alliance Boots, pull out of what it called "unprofitable areas of third-party manufacturing" and focus on Boots' own skincare and beauty ...
Tags: Packing Business, Packing