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In July, China's Manufacturing PMI Was 50.3 Percent, up by 0.2 Percentage Point

Aug 6, 2013

In July, China's manufacturing purchasing managers index (PMI) was 50.3 percent, up by 0.2 percentage point month-on-month. In view of the sizes of enterprises, the PMI of large-sized enterprises was 50.8 percent, up by 0.4 percentage ...

Tags: China's PMI

Non-Manufacturing Purchasing Manager Index of Service Industry up by 0.4 Percentage Point

Aug 6, 2013

In July, non-manufacturing purchasing manager index was 54.1 percent, an increase of 0.2 percentage point over the previous month. In view of different industries, non-manufacturing purchasing manager index of service industry was 53.0 ...

Tags: Non-Manufacturing PMI

ArcelorMittal Announces a Huge Second Quarter Loss

Aug 6, 2013

ArcelorMittal, the world's largest manufacturer of steel announced a huge second quarter loss. The Luxembourg based steelmaker reportedly recorded a second quarter loss of US$780 million, taking losses incurred by the company thus far ...

Tags: ArcelorMittal, Mineral

Alba Releases Its Financial Result for The First Half of This Year

Aug 6, 2013

Aluminium Bahrain (Alba), one of the largest aluminum smelters in the world released its financial result for the first half of this year. In the first half of this year, Alba’s sales profits increased by 7% year on year even ...

Tags: Aluminium Bahrain, Mineral

Feng Hsin Announces to Remain Its List Prices for Rebar

Aug 6, 2013

Feng Hsin, one of the major steel long products manufacturers in Taiwan announced to remain its list prices for rebar, section steel and scraps unchanged for this week. Also, the company has kept the prices unchanged for consecutive ...

Tags: Taiwanese Feng Hsin, Rebar Prices

Korea's Domestic Demand for Finished Steel Products Will Rise Slightly by 1.5%

Aug 6, 2013

According to report made by the Posco Research Institute (Posri), Korea’s domestic demand for finished steel products will rise slightly by 1.5% year on year to 26.48 million tons in the second half of this year. Posri indicated ...

Tags: Domestic Steel Demand

Korea's Exports of Hot Rolled Coils Decrease by 17% Year on Year

Aug 6, 2013

According to data released by the Korea Iron and Steel Association (Kosa), Korea’s exports of hot rolled coils (HRC) totaled 2.21 million tons in the first half of this year, decreasing by 17% year on year, affected by sluggish ...

Tags: HRC import, Mineral

PMI for China Drops to 47.7 in July

Aug 6, 2013

The HSBC purchasing managers' index (PMI) for China declined to 47.7 in July from 48.2 in June, declining for a third straight month to its lowest reading since August 2012.A reading below 50 indicates a contraction of activity while one ...

Tags: HSBC China

Indian Garment Exports Has Increased by 11 Percent Over The Same Period of Previous FY

Aug 6, 2013

Dr. A Sakthivel, Chairman AEPC, releasing the data on the apparel exports for the month of June stated that, “Apparel exports were to the tune of US D 1240 million in June 2013-14 with increase of 12.13 per cent against the ...

Tags: Indian Garment

Dow Corning Announced Sales of $2.69 Billion and Net Income of $149 Million

Aug 5, 2013

On July 31, Dow Corning Corp. announced sales of $2.69 billion and net income of $149 million for the first half of 2013. Dow Corning's year-to-date sales and adjusted net income were down 13 percent and 9 percent, respectively, compared to ...

Tags: economy

BASF Increased Sales by 3% in The Second Quarter of 2013 to Just Under €18.4 Billion

Aug 5, 2013

BASF increased sales by 3% in the second quarter of 2013 to just under €18.4 billion thanks to higher sales volumes in all segments. Income from operations (EBIT) before special items decreased by 5% to around €1.8 billion. In the ...

Tags: Construction, Decoration

The Course of The First Half of 2013 for Titan Cement Company

Aug 5, 2013

In the course of the first half of 2013, Titan further strengthened its fundamental financial metrics, increasing sales, generating positive free cash flow and further reducing net debt. The robust recovery in the USA and resilient demand ...

Tags: Construction, Decoration

China's PMI for Domestic Manufacturing Sector Increases by 50.3% in July

Aug 5, 2013

China's purchasing managers' index (PMI) for its domestic manufacturing sector was at 50.3 percent in July this year, up 0.2 percentage points compared to June, according to the figures released by China's National Bureau of Statistics ...

Tags: Manufacturing Sector, Mineral

The HSBC Purchasing Managers' Index (PMI) Posted an Eleven-Month Low of 47.7 in July

Aug 3, 2013

After adjusting for seasonal factors, the HSBC Purchasing Managers' Index (PMI) posted an eleven-month low of 47.7 in July, down from 48.2 in June, signaling a deterioration of business conditions for the third consecutive month, a company ...

Tags: Business Conditions, HSBC PMI

Australian Share Market Edged Higher as Investors React to Positive News out of China

Aug 2, 2013

THE Australian share market has edged higher as investors react to positive news out of China and uncertainty in the US. The S&P/ASX 200 dropped off in afternoon trade today, which Stock Report analyst Benny Sada said reflected market ...

Tags: economy, Share Market