Europe
Europe
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The Global Aluminum Market Is Moving Into Its First Annual Deficit in Six Years
May 8, 2014The global aluminum market is moving into its first annual deficit in six years as producers look to restructure in response to continued low prices, JP Morgan said in a research note Tuesday. "We expect the global aluminum market will ...
Tags: Aluminum, aluminum market
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Styrolution Has Nominated an Increase of Eur30/Mt for Its Polystyrene Contracts in May
May 8, 2014Styrolution has nominated an increase of Eur30/mt ($42/mt) for its polystyrene contracts in May, the company said on its website Tuesday. The premium of its high impact polystyrene grade over general purpose grade was unchanged Eur105/mt. ...
Tags: Polystyrene, Styrolution
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Metro Markets Have Seen Year-Over-Year Economic Gains, According to The First American LMI
May 7, 2014Of the 351 metro markets measured, 300 have seen year-over-year economic gains, according to the National Association of Home Builders/First American Leading Markets Index (LMI). The index shows that 59 metros have fully returned to or even ...
Tags: Metro Markets, Economic Gains
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Ukraine Registered an 8.5 Percent Decrease in Finished Steel Product Output to 8.983 Mt
May 7, 2014In the first four months of the current year, Ukraine registered an 8.5 percent decrease in its finished steel product output to 8.983 million mt, an 8.8 percent decrease in its crude steel output to 10.087 million mt, and a 2.7 percent ...
Tags: Crude Steel, Metallurgy, Mineral
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Sales of Passenger Cars and Commercial Vehicles in Turkey Decreased by 25.47 Percent
May 7, 2014In the first four months this year, sales of passenger cars and commercial vehicles in Turkey decreased by 25.47 percent year on year to 168,577 units, according to the statistics released by the Turkish Automotive Distributors Association ...
Tags: Passenger Car, commercial vehicles
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Urgent Action Is Still Required to Further Reduce Unemployment and Address Other Legacies
May 7, 2014The global economy will strengthen over the coming two years, but urgent action is still required to further reduce unemployment and address other legacies from the crisis, according to the OECD's latest Economic Outlook. According to the ...
Tags: global economy, unemployment
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Ukraine's Coal Extraction Fell 0.2% Year on Year to 21.08 Million Mt in The First Quarter
May 7, 2014Ukraine's coal extraction fell 0.2% year on year, or 40,000 mt, to 21.08 million mt in the first quarter, down from 21.12 million mt produced a year ago, the energy and coal industry ministry said Monday. Output of thermal coal, which is ...
Tags: thermal coal, thermal power plants
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Aixtron SE Reported Revenue of €43.9m
May 6, 2014For first-quarter 2014, deposition equipment maker Aixtron SE of Aachen, Germany has reported revenue of €43.9m, down 14% on €51.1m last quarter but up 9% on €40.2m a year ago. Of total revenue, 73% (€32.1m) came from ...
Tags: Aixtron MOCVD, LED, Electrical, Electronics, deposition equipment
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PPI for Turkish Industry in General Rose by 0.09 Percent Over March
May 6, 2014According to the statistics released by the Turkish Statistical Institute (TUIK), in April this year the domestic producer price index (PPI) for Turkish industry in general rose by 0.09 percent over March and was up 12.98 percent year on ...
Tags: domestic producer, PPI
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Industrial Producer Prices Decreased by 0.2 Percent in The Euro Area
May 6, 2014According to the report released by Eurostat, the Statistical Office of the European Communities, in March this year industrial producer prices decreased by 0.2 percent in the euro area and by 0.3 percent in the European Union member states ...
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European Polypropylene Targeted a May Contract Price Increase for Low Stock Availability
May 6, 2014European polypropylene and polyethylene producers are targeting a May contract price increase because of low stock availability and seasonal demand, sources said. PE producers were aiming for increases of Eur20-60/mt ($28-83/mt) and PP ...
Tags: Polyolefin, PE, ethylene CP
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CIF Bremen Index Remained Stable Recording Only Slight Fluctuations Since The Last Report
May 5, 2014The CIF Bremen index remained stable recording only slight fluctuations since the last report. Thus, it reflected the firm quotations for promptly available shipments. The negotiations on prices between trade and industry often did not ...
Tags: CIF Bremen Cotton, Cotton Index
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The Online Sales of Textiles and Apparel Grew by a Sharp 32 Percent Year-on-Year in 2013
May 5, 2014The online sales of textiles and apparel grew by a sharp 32 percent year-on-year in 2013, and accounted for 2 percent of the total turnover of the domestic textile sector, which includes textiles, apparel footwear, accessories and home ...
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The Price of Platinum Is Forecast to Average $1,457/Oz in 2014, Down 2%
May 5, 2014The price of platinum is forecast to average $1,457/oz in 2014, 2% down from the 2013 average of $1,487/oz, as strike action has failed to give the metal any meaningful lift so far, metals consultancy GFMS said Friday in a report. "The ...
Tags: Platinum Price, platinum
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SMS Meer Will Supply a Rotary Hearth Furnace with a Capacity of up to 12 Mt Per Hour
May 4, 2014German plantmaker SMS Meer has announced that it will supply a rotary hearth furnace with a capacity of up to 12 mt per hour for Turkish steelmaker Toscelik's Niksic plant in Montenegro. The furnace will be used to heat materials like ...
Tags: Niksic Plant, steelmaker
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