Asia
Asia
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Annual Inflation in The Euro Area Is Expected to Be 2.2 Percent in December 2012
Jan 7, 2013Annual inflation in the euro area is expected to be 2.2 percent in December 2012, stable compared to the previous month of November, according to flash estimates released by Eurostat, the Statistical Office of the European Communities. ...
Tags: annual inflation, euro area, December, 2012
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The Unabated Rally in Steel Scrap Prices Is Continuing Northward March in January
Jan 7, 2013The unabated rally in steel scrap prices is continuing northward march in January India It is reported that while HMS import prices from Africa and MEA have increased to USD 385 per tonne to USD 395 CFR levels, shredded scrap from UK is ...
Tags: steel scrap prices, HMS import prices, Asia, metal
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Baltic Dry Index Reached 698 Points, Down by 1 Point From January 1st 2013
Jan 7, 2013It is reported that on January 2nd 2013, Baltic Dry Index reached 698 points, down by 1 point from January 1st 2013 Capsize BCI Change INDEX 1237 2 SPOT 4 TCE AVG 4864 -31 ...
Tags: Baltic Dry Index, finance, index, economy, India
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Australian Dollar Fell During Asian Trade After Policymakers Push for Bond Buying Program
Jan 7, 2013The Australian dollar fell during Asian trade yesterday after the minutes of the US Federal Reserve's December meeting showed some policymakers were pushing for its bond buying program to end as soon as this year. The Fed minutes showed a ...
Tags: Australian dollar, Asian trade, Federal Reserve, Fed minutes
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There Is a Feeling of Bottoming out in Prices of Steel Plates for General Use
Jan 7, 2013TEX cited a source as saying that that there is a feeling of bottoming out in prices of steel plates for general use in the Asian region. Some mill that got an order at below USD 500 CFR in October/December appeared, which dropped to the ...
Tags: Steel plates prices, Steel plates, general use plates, Iron, Steel
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Tin May Rally About 12 % This Quarter to USD 27,300 a Tonne,The Highest Price Since 2011
Jan 7, 2013Bloomberg reported that tin may rally about 12 percent this quarter to USD 27,300 a tonne, the highest price since August 2011. Mr Jeffrey Zhang, Hong Kong based head of Asian research said that Trading Central SA, the target ...
Tags: Fibonacci charts, tin, metal, metal market
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It's Not Just Congress Leaders Who Have Been Beneficiaries of The Iron Ore Mining
Jan 7, 2013Hindustan Times reported that it’s not just Congress leaders who have been beneficiaries of the iron ore mining business in Goa. Affidavits filed with the Election Commission ahead of Assembly polls in 2012 have revealed that at least ...
Tags: iron ore mining, iron ore, mining trade, India
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United Arab Emirates Has Announced a 5% Import Duty on Turkish Reinforcing Bar Effective
Jan 7, 2013Zawya reported that the United Arab Emirates has announced a 5% import duty on all Turkish reinforcing bar effective from January 5 without exemption, a move that effectively blocks one of Turkey's largest seaborne export markets for the ...
Tags: United Arab Emirates, import duty, t seaborne export markets, Turkey
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Business Standard : Steel Strips Wheels Has Surged 11% to INR 208
Jan 7, 2013Business Standard reported that steel Strips Wheels has surged 11% to INR 208 after the company, it is expected to report higher sales of more than 800,000 steel wheel rims in the current month compared to the previous month. Steel ...
Tags: steel Strips Wheels, steel wheel rims, steel, India
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Turkey's Steel Export Value Came to USD 15.56 Billion, Rising by 1.7%
Jan 7, 2013On January 2nd, the Turkish Exporters' Association revealed that in 2012 Turkey's total export value amounted to USD 151.86 billion, up 12.57% YoY, hitting an all time annual record since the establishment of the Republic of Turkey. The TIM ...
Tags: Turkey, Steel Export, steel market, steel industry
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Change Is on 3rd January as Compared to 2nd January 13
Jan 7, 2013Melting scrap 80:20 HMS Location Change Bangalore 0 Chennai 0 Hyderabad 0 Kandla -800 Kanpur 0 Kolkata 0 ...
Tags: Steel Melting Scrap Price, India, steel market, steel price
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Oman's 2013 Budget Raised Spending Nearly 30% Over Its 2012 Plan to IRR 12.9 Billion
Jan 7, 2013Reuters reported that Oman's 2013 budget raised spending nearly 30% over its 2012 plan to IRR 12.9 billion as the Sultanate boosts outlay on social benefits it promised after Arab Spring protests in 2011. Mr Darwish Al-Balushi finance ...
Tags: Oman, budget, social benefits, company news
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Change Is on 3rd January as Compared to 2nd January 13
Jan 7, 2013WRC SWR14 5.5/6 Location Change Chennai 0 Delhi 0 Kanpur 0 Kolkata 0 Raipur 0 Rudrapur 0 Change is on ...
Tags: Steel Wire Rod, India, steel price, steel market
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India Inc's Aspiration for Manufacturing Sector Is to Be The Germany of The East
Jan 7, 2013India Inc's aspiration for manufacturing sector is to be the Germany of the East and not Factory to the west CII-BCG Manufacturing Leadership Survey 2012 During CII’s 11th Manufacturing Summit 2012, the Confederation of Indian ...
Tags: Manufacturing sector, Manufacturing, GDP, global manufacturing
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The Government's Fiscal Situation Will Remain The Key Differentiators in 2013
Jan 7, 2013An ASSOCHAM report said that the quality of governance, inflation and the government’s fiscal situation will remain the key differentiators in 2013 between India managing to cope up with the global slowdown and further erosion in the ...
Tags: ASSOCHAM, economic, economic situation, industry
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