Industry Trends
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Industry Trends
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VSA Announces That Vietnam's Output of Steel Long Products Totaled 2.26 Million Tons in H1
Jul 19, 2013The Vietnam Steel Association (VSA) announced that Vietnam's output of steel long products totaled 2.26 million tons in the first half of this year, down by 2.1% year on year. In the given period of time, the country's sales volumes of ...
Tags: Steel, Construction
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Lingyuan Steel Estimats That Its Net Profits Would Be at RMB30~RMB40 Million for H1
Jul 19, 2013It's reported that China's steelmaker Lingyuan Steel estimated that its net profits would be at RMB30~RMB40 million for the first half of this year, in comparison of net profits of RMB232 million in the same period of a year ago. Lingyuan ...
Tags: Construction, steel, Steel Estimates Net
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Taigang Stainless Cuts Its Export Offer Prices for Austenitic Stainless Steel Coils
Jul 19, 2013Taigang Stainless, the largest stainless producer in China announced to cut its export offer prices for austenitic stainless steel coils by US$300/ton for deliveries till end of September due to lower nickel prices and weak market prices. ...
Tags: Stainless Coil, Construction
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Inda Entitled "North American Wipes Market: Trends & Forecasts 2012-2017."
Jul 19, 2013INDA, Association of the Nonwoven Fabrics Industry, announced the availability of a new report, entitled "North American Wipes Market: Trends & Forecasts 2012-2017." Brad Kalil, INDA's Director of Market Research and Statistics, said, "We ...
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Despite Hike in Acreage,The Crop Was Left Unchanged as Area Abandonment in US
Jul 19, 2013The U.S. cotton crop forecast for 2013 remains at 13.5 million bales this month and is projected 3.8 million bales below 2012. Despite an increase in planted area based on the June Acreage report, the crop was left unchanged as area ...
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Johnson & Johnson Reported Profits in The Second Quarter of Fiscal 2013
Jul 19, 2013Johnson & Johnson, a New Jersey-based health care firm, has reported that its profits in the second quarter of fiscal 2013 has more than doubled, partly due to strong sales of medical-devices and medicines. In the second quarter, the net ...
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The Combined Value of Paid Apps and in-APP Advertising Is Expected to Double to $151 Bill
Jul 18, 2013The combined value of paid apps, app-enabled purchases of goods and services, and in-app advertising is expected to double to $151 billion in the U.S. by 2017, AppNation said today. According to the research firm, the largest segment of ...
Tags: APP Economy, APP, Computer Products
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EZZ Steel Will Adjust More Proportion to Export to Fund Imports of Raw Materials
Jul 18, 2013Egypt's EZZ Steel exported big percentage of rebar before 2007, but adjusted the long product sales to mainly on domestic market contributed to local strong demand. In 2012, export accounted only 3% of its long products but now they would ...
Tags: Steel, Construction
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Posco Is Considering to Draw out a US$5.3 Billion Steel Mill Project in India
Jul 18, 2013It's reported that Korean steel giant Posco is considering to draw out a US$5.3 billion steel mill project in India's Karnataka state. Posco is trying to expand in oversea and signed a preliminary agreement with the state in 2010. However, ...
Tags: Steel Mill, Construction
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Posco Assan TST Announces That It Has Made The First Shipment in July 14th
Jul 18, 2013Turkey-based Posco Assan TST, a stainless producing joint venture built by Korean steel giant Posco and Turkey's Assan Celik announced that it has made the first shipment of 1.5 mm stainless coils in July 14th. It's known that Posco Assan ...
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CSC Announces to Cut Its Prices for Hot Rolled
Jul 18, 2013It's reported that China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan announced to cut its prices for hot rolled, cold rolled and galvanized steel product leeway by NT$500/ton for July. Meanwhile, CSC planned to release 10,000 ...
Tags: taiwan, Construction, steel
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India's Hot Rolled Coil (HRC) Market Remains Stable Currently
Jul 18, 2013It's reported that India's hot rolled coil (HRC) market remains stable currently. India steel mills hiked the HRC prices by US$17~US$21/ton last week but there was no transaction due to the weak demand in local market. The HRC prices have ...
Tags: HRC, Construction, steel
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Brazil's Crude Steel Output Totaled 2.83 Million Tons in June
Jul 18, 2013According to data released by the Brazilian steel institute (IABr), Brazil's crude steel output totaled 2.83 million tons in June, rising by 2.7% year on year bur rising by 6% from a month ago. In June, the country's production of finished ...
Tags: steel, Construction
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NSSMC Plans to Raise Its Prices of H Beam and Bright Bars
Jul 18, 2013It's reported that the Japanese Nippon Steel & Sumitomo Metal Corp (NSSMC) planned to raise its prices of H beam and bright bars by ¥3,000/ton for July production, in spit of high stocks in the market. It's learned that the local ...
Tags: H-Beam, steel, Construction
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Taiwan Imports Around 16,233 Tons of Wire Rods in June
Jul 18, 2013According to data, Taiwan imported around 16,233 tons of wire rods in June, slumping by 35.5% from a month ago. Among them, 15,520 tons were wire rods with diameters less than 14mm, falling by 36.6%; 713 tons were wire rods with diameters ...
Tags: Wire Rod, taiwan, steel, Construction
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