Industry Trends
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Industry Trends
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Texprocil Welcomes Continuation of The Tufs in 12th Plan Period
Sep 2, 2013TEXPROCIL welcomes Continuation of the Technology Up gradation Fund Scheme in 12th Plan period. The Cabinet Committee on Economic Affairs has given its approval for continuing the Technology Upgradation Fund Scheme (TUFS) during the 12th ...
Tags: Textile
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The Textile and Clothing Sector in Spain Has Lost 1,052 Companies in 2012
Sep 2, 2013The textile and clothing sector in Spain has lost 1,052 companies in 2012, according to the data from the National Statistics Institute (INE). Of this, the textile sector lost 294 companies in 2012, which is 4.6 percent of the total, ...
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However,Co-Op Food Posted a Fall in Operating Profits
Aug 30, 2013However, Co-op Food posted a fall in operating profits – from £119m to £117.4m. The division also reported a 0.4% in total sales to £3.6bn in the first half to 6 July. Like-for-like sales fell 1.1%. In the first ...
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Severstal Has Announced Its Financial Results Turning to Loss in Q2
Aug 30, 2013Russian steelmaker Severstal has announced its financial results for the second quarter and the first half of 2013. Accordingly, in the second quarter Severstal registered a net loss of $44 million, compared to a net profit of $155 million ...
Tags: steel, Metallurgy, Mineral
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Hunan Valin Steel Registered a Net Loss of 80.53 Percent in H1
Aug 30, 2013Hunan-based Chinese steelmaker Valin Group announced the financial results of its subsidiary Hunan Valin Iron & Steel Co. (Hunan Valin Steel) for the first half of the current year. In the first half, Hunan Valin Steel registered a net ...
Tags: steel
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Cree Reported Record Revenue of $375m
Aug 30, 2013For its fiscal fourth-quarter 2013 (to end-June), LED chip, lamp and lighting maker Cree Inc of Durham, NC, USA has reported record revenue of $375m, up 7% on $348.9m last quarter and 22% on $306.8m a year ago, due mainly to strong sales of ...
Tags: Cree LED, Electrical, Electronics
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The Month of June Saw $93.5 Billion of Freight Moved Between The U.S., Canada, and Mexico
Aug 30, 2013The month of June saw $93.5 billion of freight moved between the U.S., Canada, and Mexico, with trucks hauling the majority of that freight. According to the Bureau of Transportation Statistics (BTS) of the U.S. Department of ...
Tags: Trucks Carry, Transportation
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The Cold Rolled Sheet and Strip Shipments of Japan Decreased by 1.9 Percent in H1
Aug 30, 2013In the first half of this year, Japan's cold rolled sheet and strip shipments decreased by 1.9 percent on year-on-year basis, according to the Japan Iron and Steel Federation (JISF) data. The country's CR sheet and strip shipments amounted ...
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The Gross Revenue of Chinese Steelmakers Has a Slight Increase in Jan-July
Aug 30, 2013The China Iron and Steel Association (CISA) has announced that in the first seven months of the current year the aggregate gross profit of its member enterprises amounted to RMB 4.943 billion ($808 million). Meanwhile, in the given period ...
Tags: steel, Metallurgy, Mineral
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RINL and NLMK Come to an Agreement with Silicon Steel Production
Aug 30, 2013Indian state-owned steelmaker Rashtriya Ispat Nigam Ltd (RINL) will sign an agreement with the Russian steelmaker NLMK regarding technological collaboration to build a plant producing silicon steel for the power industry, according to local ...
Tags: Silicon Steel
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The Net Deficiency of Evraz About $122 Million for H1
Aug 30, 2013Russian mining and steel producing company Evraz Group has announced its unaudited interim results for the six months ended 30 June 2013. In the given period, Evraz registered a consolidated revenue of about $7.362 billion, decreasing 3.4 ...
Tags: steel, Metallurgy, Mineral, Energy
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The Decreases of Daily Crude Steel Output of Large and Medium-Sized Steel Decreases
Aug 30, 2013On August 29, the China Iron and Steel Association (CISA) announced that in mid-August (Aug. 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.739 million mt, down ...
Tags: steel, Metallurgy, Mineral, Energy
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The Situation in French Industry Continued to Improve in August
Aug 30, 2013France's National Institute of Statistics and Economic Studies (INSEE) has announced that the situation in French industry continued to improve in August compared to July, according to a survey carried out among French business leaders, ...
Tags: Metallurgy, Mineral, Energy
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S. African Producer Price Index (PPI) for The Basic Iron and Steel Industry Rose 1%
Aug 30, 2013According to the latest data released by Statistics South Africa, in July this year the country's producer price index (PPI) for the basic iron and steel industry rose one percent compared to June and was up 11.8 percent compared to July ...
Tags: steel, Metallurgy, Mineral, Energy
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Central Appalachian Thermal Coal Prices Fell for a Fourth Consecutive Session on Wednesday
Aug 30, 2013Central Appalachian thermal coal prices fell for a fourth consecutive session on Wednesday, pushing front-year calendar prices to multi-year lows. Both the CAPP barge physical and rail (CSX) swap contracts traded lower in a mid-afternoon ...
Tags: Chemicals
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