Asia
Asia
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The Consumer Confidence Index* in Turkey, Which Stood at 73.6 Points,Increased by 3%
Jan 31, 2013According to the monthly consumer tendency survey released by the Turkish Statistical Institute (TUIK), the consumer confidence index* in Turkey, which stood at 73.6 points in December last year, increased by three percent month on month in ...
Tags: consumer confidence index, Turkey, economy
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Heavy Rainfalls Impacted Australia's Queensland Region
Jan 31, 2013Chinese majority-owned coal producer Yancoal has announced that its open-pit mines Yarrabee and Middlemount have been affected by the heavy rainfalls impacting Australia's Queensland region. Production from the mines is likely to be ...
Tags: coal production, coal Exports, coal mining
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Xichang Steel & Vanadium's Produced 5.98 Million Mt of Pig Iron, 5.4 Million Mt
Jan 31, 2013In 2012, Sichuan Province-based Pangang Xichang Steel & Vanadium Co., a subsidiary of Sichuan-based Chinese steel producer Pangang Group, produced 5.98 million mt of pig iron, 5.4 million mt of crude steel and 21,100 mt of vanadium ...
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In 2012,The Country's Scrap Exports Amounted to 8.6 Million Mt, Increasing 58 Percent
Jan 31, 2013According to statistics released by Japan's Ministry of Finance, Japan's ferrous scrap exports totaled 892,011 metric tons in December 2012, rising by 21.3 percent month on month and up 40.4 percent compared to December 2011. Meanwhile, ...
Tags: scrap exports, scrap, scrap industry
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Valin Steel Indicated a Net Loss in The Range of $494-525 Million
Jan 31, 2013Hunan Province-based Chinese steelmaker Hunan Valin Iron and Steel Group Co. has issued its estimated financial results for 2012, indicating a net loss in the range of RMB 3.1-3.3 billion ($494-525 million), compared to a net profit of RMB ...
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SK Hynix Has Reported Revenues of KRW2.7 Trillion for The Fourth Quarter of 2012
Jan 31, 2013Net income was $151m for the quarter. South Korean chipmaker, SK Hynix, has reported revenues of KRW2.7 trillion ($2.4bn) for the fourth quarter of 2012, up 6%, compared to KRW2.5 trillion ($2.3bn) it reported in the corresponding quarter ...
Tags: chip demand, chipmaker, server products
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Liuzhou Steel Posted an Estimated Net Profit of RMB 121 Million for 2012,Down 66.59%
Jan 31, 2013On January 29, Guangxi Zhuang Autonomous Region-based Chinese steelmaker Liuzhou Iron and Steel Co., Ltd issued its financial results for 2012. Accordingly, Liuzhou Steel has posted an estimated net profit of RMB 121 million ($19 million) ...
Tags: Liuzhou Steel, steelmaker, steel prices
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Average Prices of Minerals in China Witnessed an Increase of 0.1 Percent Week on Week
Jan 31, 2013China’s Ministry of Commerce (MOC) has announced that during last week (January 21-27) the average steel price in China increased by 0.1 percent compared to the previous week. In particular, in the given week prices of 80 mm x 43 mm ...
Tags: steel price, channel steel, iron ore
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Pingxiang Steel,The Company's Sales Revenue in 2012 Amounted to RMB 38.3 Billion
Jan 31, 2013Liu Jianxun, general manager of Jiangxi Province-based steel producer Pingxiang Steel (Pinggang), has announced that the company’s sales revenue in 2012 amounted to RMB 38.3 billion ($6.14 billion), while its net loss for the year was ...
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Nanjing Steel Estimated Net Loss of RMB 580 Million,compared with RMB 325 million in 2011
Jan 31, 2013On January 29, Jiangsu Province-based Nanjing Iron and Steel Union Co.(NISCO) issued its anticipated financial results for 2012. Accordingly, Nanjing Steel has estimated a net loss of RMB 580 million ($92 million) for 2012, compared to a ...
Tags: Steel, Iron, steel market
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Bengang Announced an Estimated Net Profit of $16-24 Million for 2012,Down 81.15-87.43 Pct
Jan 31, 2013On January 29, Liaoning Province-based Chinese steelmaker Benxi Iron and Steel (Group) Co. (Bengang) announced an estimated net profit of RMB 100-150 million ($16-24 million) for 2012, down by 81.15-87.43 percent year on year, with earnings ...
Tags: steelmaker, Profit, steel market
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Turkey's Tube and Profile Exports Totaled 42,137 Mt, Rising 13.1 Percent
Jan 31, 2013According to the data provided by the Turkish Statistical Institute (TUIK), in November 2012 Turkey's longitudinally welded tube and profile exports totaled 42,137 mt, rising 13.1 percent compared to the previous month and up 67 percent ...
Tags: tube exports, welded tube, profile exports
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New Koyo Miniature Encoders Provide Cost-Effective Solution for Size-Limited Applications
Jan 31, 2013A series of new Koyo miniature encoders provide a cost-effective solution for size-limited applications. The TRD-MX series light-duty encoders feature a small body with 25mm diameter and 29mm depth. Made with a 4mm diameter solid shaft, the ...
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Indonesian Textile Sector Attracted Investment of About Us$ 155 Million in 2013
Jan 31, 2013The textile sector in Indonesia is likely to attract investment of about US$ 155 million in 2013, according to Indonesian Textile Association (API). Most of the investment in the textile sector would be for purchase of new machinery ...
Tags: textile sector, textile machinery, textile
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Indo Rama Announced Un-Audited Financial Results for The Third Quarter and Nine Months
Jan 31, 2013Indo Rama Synthetics (India) Limited, India’s largest dedicated polyester manufacturer, announced its un-audited financial results for the third quarter and Nine Months ended December 31, 2012. Q3FY2013 Results (all comparisons ...
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