North America
North America
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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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AK Steel Announced a Net Loss of US$230.4 Million for The Fourth Quarter of 2012
Feb 22, 2013Ohio-based AK Steel announced a net loss of US$230.4 million for the fourth quarter of 2012, which were worse than a net loss of US$60.90 million in a quarter ago and US$193.9 million in the same period of a year ago. In the fourth ...
Tags: AK Steel posts, AK Steel, Steel posts
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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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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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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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The Looming Decision on Expanding US LNG Exports Will Likely Be on The Agenda
Feb 21, 2013The looming decision on expanding US liquefied natural gas exports will likely be on the agenda during this week's meeting between Japanese Prime Minister Shinzo Abe and President Barack Obama, industry observers said Tuesday. "It's just ...
Tags: natural gas exports, natural gas, LNG export
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US Toluene Disproportionation Margins Were Estimated at Minus $15.09/mt Friday
Feb 21, 2013US toluene disproportionation margins were estimated at minus $15.09/mt Friday, based on Platts data, putting them in negative territory for the first time since November 15, when they were estimated at minus 55 cents/mt. Estimated TDP ...
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The US's Imported Steel Plates Reached 1 Million Tons in 2012
Feb 21, 2013According to the data from US Department of Commerce (DOC), the US’s imported steel plates reached 1 million tons in 2012, mostly in the first nine months of 2012. Although it showed big slowdown in the fourth quarter of last ...
Tags: plate imports, steel plates, steel
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That US Raw Steel Production Fell 0.4 Percent in The Week Ending February 16
Feb 21, 2013The American Iron and Steel Institute (AISI) reported Monday that US raw steel production fell 0.4 percent in the week ending February 16, following a 1.2 percent increase the previous week. Total raw steel production in the United States ...
Tags: raw steel production, raw steel, Iron, Steel
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In January The Crude Steel Output Surveyed Across The Globe Reached 124.8 Million Mt
Feb 21, 2013According to the World Steel Association (worldsteel), in January this year the crude steel output of 62 countries surveyed across the globe reached 124.8 million mt, increasing by 0.8 percent on year-on-year basis. Total global crude steel ...
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