Asia
Asia
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Sony's Continuous Losses for 8 quarter, Sold the Office Building
Mar 5, 2013Sony has sold the main office "Sony CityOsaki" in Tokyo by the 111.1 billion yen (about 1.2 billion dollars). The office building is 25 stories high, was completed in 2011 in March, covering an area of 124,000 square meters, containing ...
Tags: Sony, TV equipment, audio equipment
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Dollar Tumbled to Lowest Leve After China Announced New Measures to Cool Property Prices
Mar 5, 2013THE dollar tumbled to its lowest level in eight months after China announced new measures to cool property prices, fuelling speculation that demand for Australia's commodities might weaken. The Aussie also fell after local data showed ...
Tags: economy, real estate
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NEMA's Lighting Systems Index Increased in The Fourth Quarter of 2012
Mar 5, 2013NEMA’s Lighting Systems Index increased in the fourth quarter of 2012 after a decline in the third quarter, growing 1.9 percent on a quarter-to-quarter basis and by 3.3 percent on a year-over-year basis. Lighting equipment demand has ...
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Average Edged Closer to All-Time Closing High as Investors Brushed off Steep Losses
Mar 5, 2013THE Dow Jones Industrial Average has edged closer to an all-time closing high, as investors brushed off steep losses in China's equity markets and pushed major benchmarks higher. The Dow rose 38.16 points, or 0.3 per cent, to 14127.82, to ...
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Sharemarket Fell Sharply After China Announced New Measures to Curb Property Speculation
Mar 5, 2013THE sharemarket fell sharply yesterday after China announced new measures to curb property speculation. Investors were also concerned after China's services sector data missed expectations, and a 60 Minutes report that said China's rapid ...
Tags: real estate, Economy
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Indian Mills Would Keep The Prices of Hot Rolled Coils (HRC) Flat This Week
Mar 5, 2013It is predicted that the Indian mills would keep the prices of hot rolled coils (HRC) flat this week because of the slack demand and cash pressure from the traders after hiking the prices for consecutive two months. In this January, ...
Tags: HRC market, HRC, hot rolled coils
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Tang Eng and Walsin Lihwa All Announced to Keep The Price Flat for March
Mar 5, 2013Because of the slumping nickel prices at LME, the major stainless steel producers in Taiwan including Yieh United Steel Corp. (Yusco), Tang Eng and Walsin Lihwa all announced to keep the price flat for March. However, the Taiwanese ...
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Posco Leaves Its Domestic List Prices Unchanged for March
Mar 5, 2013Korean steel giant Posco announced to leave its domestic list prices for austenitic and ferritic stainless steel coils unchanged for March. Posco stated that it decided to roll over its stainless coil domestic prices for March due to ...
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In February This Year The PPI for Turkish Industry in General Fell by 0.1%
Mar 5, 2013According to the statistics released by the Turkish Statistical Institute (TUIK), in February this year the producer price index (PPI) for Turkish industry in general fell by 0.1 percent from January and was up 1.8 percent year on year, ...
Tags: Metal Producers, metal industry, metal
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In February This Year Turkey's Total Steel Pipe Exports Amounted to 157,275 Metric Tons
Mar 5, 2013According to the statistics provided by the Turkish Steel Pipe Manufacturers Association (CEBID), in February this year Turkey's total steel pipe exports amounted to 157,275 metric tons, decreasing by 3.2 percent compared to the same month ...
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Steel Sales of Large and Medium-Sized Steelmakers in China Amounted to 42.4372 Million Mt
Mar 5, 2013According to the China Iron and Steel Association (CISA), in January of the current year the steel sales of large and medium-sized steelmakers in China amounted to 42.4372 million mt, up by 4.6857 million mt or 12.41 percent year on year. ...
Tags: steelmakers, steel, Iron
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In January This Year Turkey's Iron and Steel Imports Totaled $1.5 Billion
Mar 5, 2013According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute (TUIK) and the Turkish Undersecretariat of Customs, in January this year Turkey's iron and steel imports totaled $1.5 billion, decreasing by ...
Tags: steel import, steel, iron
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Jiuli Special Material Has Announced That It Plans to Issue Its First Short-Term Bonds
Mar 5, 2013On March 4, Zhejiang province-based Jiuli Special Material Technology Co. has announced that it plans to issue its first short-term bonds in 2013 worth RMB 200 million ($32.2 million).The period of issuance of the short-term bonds is one ...
Tags: Special Material, Material, Short Term Bonds
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The Global Economy Seems to Be Turning The Corner and Now Heading Upwards
Mar 5, 2013The global economy seems to be turning the corner and now heading upwards, with developing economies clearly in the front seat, as stated by Kim Marti Subirana of Celsa Group at the SteelOrbis 2013 Spring Conference & 68th IREPAS Meeting ...
Tags: Raw material, Steel Prices, Steel
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The Output of Mazda in January in China Rose 2% Year On Y ear
Mar 4, 2013Mazda’s production increased 2.0% to 14,890 vehicles in January in China. In 2012 December, Mazda’s output in China fall 29.5% to 10977 vehicles. In January, Mazda sold 19068 vehicles in China, fell 16.1% year-on-year. FAW ...
Tags: Mazda, vehicles, vehicle production
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