Europe
Europe
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China's Benxi Steel Raises Its Prices for Hot Rolled Plates/Coils for March
Feb 22, 2013Reportedly, China’s Benxi Steel announced to raise its prices for hot rolled plates/coils by RMB130~RMB150/ton for March. Also, the company increased the prices for cold rolled sheets/coils and galvanized steel sheets by ...
Tags: Benxi Steel, steel flats, steel
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Australian Dollar Fell to Four-Month Low After Equities Markets Suffered Heavy Losses
Feb 22, 2013The Australian dollar fell to a four-month low after equities markets suffered heavy losses in overnight trade. At 6.30am AEDT the local unit was trading at 102.25 US cents, down from 102.35 cents at yesterday’s local close. Early ...
Tags: Australian dollar, dollar, equities markets
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European Crude Stainless Steel Output in 2012 Decrease by 1% Year on Year
Feb 22, 2013The Germany-based service center Damstahl reported that the European crude stainless steel output totaled 7 million tons in the first 11 months of 2012, decreasing by 1% year on year. Meanwhile, Damstahl predicted that the European ...
Tags: stainless steel production, stainless steel, steel production
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There Was Little Evidence of Meaningful Switch by Global Investors Into Equities
Feb 22, 2013A TOP BlackRock executive said there was little evidence of a meaningful switch by global investors into equities from fixed-income assets, even after recent strong sharemarket gains. "There appears to be a lot of cash coming off the ...
Tags: shares, investors, sharemarket
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Shares Were on Track for Their Biggest Fall
Feb 22, 2013Shares were on track for their biggest fall in three months after minutes from the Federal Reserve's most recent policy-setting meeting showed rising unease about the US central bank's recent stimulus efforts. Domestic earnings reports had ...
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NLMK Has Stated That in February This Year It Plans to Ship Around 390,000 Mt
Feb 22, 2013Russian steelmaker Novolipetsk Steel (NLMK) has stated that in February this year it plans to ship around 390,000 mt of flat steel products, down 15 percent compared to January, including 185,000 mt of hot rolled flat steel. In January of ...
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Vallourec Announces Its Financial Results for The Fourth Quarter and The Full Year 2012
Feb 22, 2013France-based pipe manufacturer Vallourec has announced its financial results for the fourth quarter and the full year 2012. According to Vallourec's report, in the fourth quarter the company registered a net profit of €70 million, ...
Tags: Vallourec, Net Profit, pipe manufacturer
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In December Last Year France's New Industrial Orders Received Decreased 0.2 Percent
Feb 22, 2013According to the statistics released by France's National Institute of Statistics and Economic Studies (INSEE), in December last year France's new industrial orders received, excepting heavy tranport vehicles, decreased 0.2 percent month on ...
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In December Last Year EU-27 Flat Steel Imports Amounted to 619,000 Mt
Feb 22, 2013According to the European Steel Association (EUROFER), in December last year EU-27 flat steel imports amounted to 619,000 mt, while long steel imports totaled 175,000 mt. Accordingly, overall EU finished steel imports in December totaled ...
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Sharemarket Is Puseed to Its Highest Close Since September 2008
Feb 21, 2013Banks, property trusts, consumer staples and energy companies pushed the sharemarket to its highest close since September 2008, as investors digested earnings reports while awaiting the overnight release of minutes from the US Federal ...
Tags: Banks, property trusts, consumer staples, energy companies
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Sharemarket Closed at Fresh Four-Year High as Gains by Financial Stocks Offset Falls
Feb 21, 2013The sharemarket has closed at a fresh four-year high as gains by financial stocks offset falls by the big miners. At close today, the benchmark S&P/ASX 200 index had risen 16.8 points, or 0.33 per cent, to 5098.7 points, while the broader ...
Tags: sharemarket, financial stocks, big miners
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Pure Via, The All-Natural, Zero-Calorie Sweetener Has a Sweet New Look
Feb 21, 2013Pure Via, the all-natural, zero-calorie sweetener that's made from the sweetest part of the stevia plant, now has a sweet new look. Moving forward, both the brand's packaging and website will feature a natural look and feel that better ...
Tags: Pure Via, sweet new look, Packaging Mirrors
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DAK Americas and Nan Ya Plastics Intend to Raise Polyethylene Terephthalate Prices
Feb 21, 2013DAK Americas and Nan Ya Plastics intend to raise polyethylene terephthalate prices for March by 2 cents/lb, according to a pair of letters obtained Tuesday by Platts. Both companies cited higher raw materials costs as the reason for the ...
Tags: polyethylene terephthalate prices, PTA, PET
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Is There Any Secret for That Ongoing Success? -Switzerland
Feb 21, 2013Switzerland is one of the smallest countries in Europe and has very high living costs compared to other nations around the world. Yet, the country is not a member of the European Union (EU). Switzerland has no direct access to the sea, and ...
Tags: Switzerland, Enigma, economy
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Dell Has Reported Another Quarter of Declining Revenue and Profit
Feb 21, 2013Dell has reported another quarter of declining revenue and profit as the company's CEO continues his battle to take the PC maker private. It was the fifth consecutive quarter in which Dell's profits shrank, and the fourth in which it ...
Tags: Dell, desktop, laptop PCs
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