North America
North America
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US Spot Ethylene Settled at a 12-Week High to Be Assessed at 56.5-57 Cents/Lb FD USG
Apr 29, 2014US spot ethylene settled at a 12-week high Thursday to be assessed at 56.5-57 cents/lb FD USG, up 3 cents/lb week on week, as a delay in the startup of a major transmission line between Texas and Louisiana, tightening supply amid a busy ...
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Foton Released Its Annual Report on The Evening of April 16
Apr 25, 2014Foton released its annual report on the evening of April 16. In 2013 the company achieved revenues of 34.15 billion yuan, decreased by 16.65%, net profit of 763 million yuan, decreased by 43.62% . The company said that in 2013 sales of ...
Tags: Transportation, Auto Parts
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Finished Steel Use in Latin America up One % Y-O-Y
Apr 25, 2014Alacero, the Latin American steel association, has reported that in the first two months of this year apparent finished steel use in Latin America and the Caribbean totaled 10.8 million mt, up one percent year on year. The highest increases ...
Tags: Finished Steel, crude steel
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US DOC:CVD Order on Circular Welded Carbon Steel Pipe and Tube From Turkey
Apr 25, 2014The US Department of Commerce (DOC) announced Wednesday the preliminary results of its administrative review of the countervailing duty (CVD) order on circular welded carbon steel pipe and tube (standard pipe) from Turkey. The review ...
Tags: Standard Pipe, countervailing duty
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CANACERO Denied This Week That There Is Injury to The Us Steel Industry
Apr 25, 2014The Mexican National Chamber of the Iron and Steel Industry (CANACERO) denied this week that there is injury to the US steel industry, since all steel trade with the US is part of the North America Free Trade Agreement (NAFTA) and total ...
Tags: Rebar Market, Iron, Steel Industry
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Nesscap Reported Its Financial Results for The Year Ended December 31, 2013
Apr 24, 2014Nesscap Energy Inc. a global leader in research, development and manufacturing of ultracapacitor products, reported its financial results for the year ended December 31, 2013. Revenue for the twelve-month period increased 51% to US $16.6 ...
Tags: Electrical, Electronics
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Philips Has Announced That Lighting Sales for Q1 2014 Were 'flat'
Apr 24, 2014Philips has announced that lighting sales for Q1 2014 were 'flat' when compared with the same period in in 2013. The strongest performing division were Lumileds and Automotive which achieved double-digit growth but Light Sources & ...
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Zimmer Holdings Announced That It Will Acquire Biomet in a $13.5 Billion Transaction
Apr 24, 2014Zimmer Holdings announced Thursday that it will acquire Biomet in a $13.5 billion transaction that will provide it with a leading position in the $45 billion musculoskeletal industry. The merger between the two Warsaw, IN–based ...
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World DRI Output in Q1, Increasing by 1.87 Percent
Apr 24, 2014According to the data released by the World Steel Association (worldsteel), global direct reduced iron (DRI) production in the 14 countries accounting for approximately 87 percent of total world DRI production in 2013 amounted to 5.08 ...
Tags: DRI output, worldsteel
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The Fuel Oil Spread Narrowed to 6.668m Barrels, The Tightest Spread Since January
Apr 24, 2014The fuel oil inventory spread between the US Gulf Coast and Japan narrowed to 6.668 million barrels, the tightest spread since January, comparison of recent data shows. BNP Paribas said in its weekly oil inventories report, published ...
Tags: Fuel Oil, US Gulf Coast
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Latin America's Trade Deficit with Turkey Increased by 55 Percent in 2013
Apr 23, 2014Latin America's trade deficit with Turkey increased by 55 percent in 2013, mainly due to a drop in the revenues generated by raw material exports and ongoing high levels of finished steel imports from Turkey, according to Alacero, the Latin ...
Tags: trade deficit, finished steel
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Cable Said The Recycler Was an Example of Companies That Are Stimulating Demand
Apr 23, 2014Cable said the recycler was an example of companies that are stimulating demand, generating jobs and building the infrastructure for the long term development of the green economy. Closed Loop claims to be the first recycler in the world ...
Tags: PET plastic bottles, HDPE Plastic Bottles, Packaging, Green Economy
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How Much of Walmart's Revenue Comes From Its Shoppers's Food Stamps
Apr 22, 2014How much of Walmart's revenue comes from its shoppers' food stamps? The store isn't required to say. But a January Court of Appeals ruling could change that. If the unanimous decision by the Eighth Circuit's panel of three judges holds, the ...
Tags: Walmart
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Skechers Reported Earnings Rose Nearly Five-Fold in Its First Quarter
Apr 22, 2014Skechers USA, Inc. reported earnings rose nearly five-fold in its first quarter ended Mar. 31, to $31.0 million, or 61 cents a share, from $6.7 million, or 9 cents, a year ago. Revenues rose 21.0 percent to $546.5 million from $451.6 ...
Tags: Sporting Goods, Recreation
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Mexico's Car and Light Commercial Vehicle Production Increased by 6.5 Percent in Q1
Apr 22, 2014In March this year, Mexico's car and light commercial vehicle production volume increased by 16.3 percent year on year to 277,314 units, according to the release from the Mexican Association of the Automotive Industry (AMIA). In the given ...
Tags: Auto, light commercial vehicle, car, vehicle
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