South America
South America
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Average Edged Closer to All-Time Closing High as Investors Brushed off Steep Losses
Mar 5, 2013THE Dow Jones Industrial Average has edged closer to an all-time closing high, as investors brushed off steep losses in China's equity markets and pushed major benchmarks higher. The Dow rose 38.16 points, or 0.3 per cent, to 14127.82, to ...
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In 2012 Brazilian Iron Ore Exports Increased 1.45 Percent Year on Year
Mar 5, 2013According to the statistics provided by Brazil's National Union of the Industry of Extraction of Iron and Base Metals (Sinferbase), in 2012 Brazilian iron ore exports increased 1.45 percent year on year with a total of 296 million metric ...
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The Global Economy Seems to Be Turning The Corner and Now Heading Upwards
Mar 5, 2013The global economy seems to be turning the corner and now heading upwards, with developing economies clearly in the front seat, as stated by Kim Marti Subirana of Celsa Group at the SteelOrbis 2013 Spring Conference & 68th IREPAS Meeting ...
Tags: Raw material, Steel Prices, Steel
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Brazil's Usiminas Plans to Increase Prices for Some Products
Mar 4, 2013Brazil’s Usiminas, the largest flat steel producer in the country, plans to increase prices for some products since March 1st in order to boost the company’s margins. It is said that Usiminas informed distributors that ...
Tags: Usiminas, flat steel prices, Steel
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Sales of TRW Grew 1.2% Year-On-Year in 2012
Mar 1, 2013Parts supplier TRW Group has announced the 2012 financial report. The total sale of TRW was 16.444 billion dollars, an increase of 1.2% compared with 16.244 billion dollars in 2011; Sales was 4.032 billion dollars in the fourth quarter last ...
Tags: Sales, TRW, Parts supplier
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Georgia-Pacific Announces The Launch of a National Campaign and Partnership with WWP
Mar 1, 2013Georgia-Pacific, the maker of Brawny paper towels, announces the launch of a national campaign and partnership with Wounded Warrior Project (WWP) to help support and raise awareness of the needs of injured service members and their families ...
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50% European Businesses Plan to Increase Their Budgets for CRM Initiatives in 2013
Mar 1, 2013Research reveals that almost half of European businesses plan to increase their budgets for CRM initiatives in 2013. A recent survey by Gartner found that only 5% of companies in Europe plan to decrease their CRM this year, down from 9% ...
Tags: CRM budgets, CRM software revenue, software
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Groupon's Revenue for Q4 2012 Was $638.3m an Increase of 30% Year-Over-Year
Mar 1, 2013Groupon’s revenues have increased but so has the company’s net loss. Groupon's revenue for Q4 2012 was $638.3m an increase of 30% year-over-year, compared to $492.2m for the same period in 2011. The company's gross billings ...
Tags: Groupon, gross billings, net loss
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Australian Dollar Was Sharply Higher After Investment Intentions for The Coming Year
Mar 1, 2013The Australian dollar was sharply higher today after companies reported better-than-expected investment intentions for the coming year. The solid investment report triggered heavy buying of the Australian dollar as traders reduced bets on ...
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Vale Announces Its Financial Results for The Q4,Full Year,First Quarterly Loss in 10 Years
Mar 1, 2013Brazil-based miner Vale has announced its financial results for the fourth quarter and the full year 2012, reporting its first quarterly loss in 10 years. In the fourth quarter of 2012, Vale registered a net loss of $2.65 billion, ...
Tags: miner Vale, miner, Iron ore prices
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Schnitzer Steel Announces Its Market Outlook for Q2 of Fiscal 2013 Ended February 28,2013
Mar 1, 2013Schnitzer Steel Industries, Inc. today announced its market outlook for Q2 of fiscal 2013 ended February 28, 2013. The Company expects to report a sequential improvement in its consolidated financial performance in the second quarter of ...
Tags: Schnitzer Steel, Steel, Steel Industries
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BC Iron Has Announced Its Financial Results for The First Six Months Ended December 31
Mar 1, 2013Australian iron ore development company BC Iron has announced its financial results for the first six months ended December 31 of the financial year 2012-13, posting a net profit of A$7.74 million, up 42 percent year on year. In the first ...
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Brazilian Will Hike Domestic Welded Tubes Prices Again in Near Future
Feb 28, 2013Brazil's welded tube makers reportedly announced that they have a difficult time to persuade customers to hike domestic welded tubes prices at this moment. However, Brazilian tube makers plan to try again in near future. Currently, HRC is ...
Tags: welded tube price, welded tube, HRC
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Yusco Will Probably Have a Chance to Hike Around US$35~50/Ton
Feb 27, 2013Yusco will announce its latest list prices on Feb 26th and probably have a chance to hike around US$35~50/ton in order to reflect high production cost. Although the nickel price drops sharply in recent weeks, the market demand is still ...
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Sims Metal Management Reported Revenues Totaled $3.4 Billion, a 25 Percent Decrease
Feb 27, 2013Sims Metal Management reported that for the second half of 2012 (first half of fiscal 2013), revenues totaled $3.4 billion, a 25 percent decrease, primarily due to a reduction of intake and shipments in North America. Over the period, Sims ...
Tags: Metal Management, Metal, Metal Industry
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