Industry Trends
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Industry Trends
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CSC Cuts Its Domestic Prices for Hr Steel Products by US$20/Ton to China for June
Apr 26, 2013China Steel Corp. (CSC), the biggest carbon steelmaker in Taiwan announced to cut its domestic prices for hot rolled (HR) steel products by US$20/ton to China for June. After the adjustment, its export prices for HR steel products are at ...
Tags: Steel, Metallurgy, Mineral, Energy
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China Exported Stainless Steel Flat Products in March,Rising by 32.9% From a Month Ago
Apr 26, 2013According to data released by the Chinese customs, China exported 177,933 tons of stainless steel flat products in March, rising by 32.9% from a month ago. In the first three months of this year, the country's exports of stainless steel ...
Tags: Stainless Steel Flats, Metallurgy, Mineral, Energy
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Posco Announced to Set up a New Coil Service Center in India's Northern State of Haryana
Apr 26, 2013It is reported that Korean Posco announced to set up a new coil service center in India's northern state of Haryana. The new coil center will be able to meet the demand for car makers such as Maruti Suzuki India and Tata Motors. Meanwhile, ...
Tags: steel, Metallurgy, Mineral, Energy
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Baogang Has Concluded a Tender for Upgrading Fly Ash Utilization Technology Project
Apr 26, 2013Baogang, the largest industrial enterprise in Inner Mongolia has concluded a tender for upgrading fly ash utilization technology project from Datang International Renewable Resources Development. This tender will officially commission ...
Tags: Metallurgy, Mineral, Energy, steel, baogang
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Benxi Steel's Net Profits Slumped by 91% From a Year Ago in 2012
Apr 26, 2013It's reported that the Chinese Benxi Steel announced that its net profits slumped by 91% from a year ago to RMB69.38 million in 2012. The company stated that high raw material prices and sluggish demand caused its net profits slump last ...
Tags: steel, Metallurgy, Mineral, Energy
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China's LED Lighting Market to Reach $10bn in 2015, Then $22bn in 2020
Apr 26, 2013The Chinese government passed a series of domestic policies in 2012 that have served to not only stimulate LED lighting demand but also to strengthen the entire business momentum within the LED lighting market, according to the ...
Tags: LED Lighting Market, LED, Lighting
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NSSMC Sets to Bring up Plate Prices for Domestic Sales
Apr 25, 2013Nippon Steel & Sumitomo Metal Corp (NSSMC) sets to bring up plate prices for domestic sales to reflect the higher raw materials costs caused by the rapidly weakening Japanese Yen. It's known that some US$50/ton extra will be added from May ...
Tags: Metallurgy, Mineral, Energy, Steel
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The European Apparent Demand for Stainless Steel Dropped by 6.8% Year on Year in Q1
Apr 25, 2013Spain-based stainless producer Acerinox said that the European apparent demand for stainless steel dropped by 6.8% year on year in the first quarter of this year. However, the US apparent demand for stainless steel increased by 9.2% year on ...
Tags: Stainless, Metallurgy, Mineral, Energy
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Giant Canada Will Help Detwiller Update The Entire Sprockids Package for Today's Youth
Apr 25, 2013Giant Bicycle Canada is supporting?Sprockids, a youth mountain biking skills and leadership training program. Doug Detwiller started Sprockids over two decades ago as a club of 50 elementary school children in Gibsons, British Columbia. ...
Tags: Transportation, bike
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Corinth Pipeworks Will Build Large-Diameter Welded Pipes
Apr 25, 2013It is reported that Greek pipmaker, Corinth Pipeworks, has announced to build large-diameter welded pipes in order to meet the growing demand for energy supplies projects includes high strength offshore and onshore energy pipes. Meanwhile, ...
Tags: Metallurgy, Mineral, Energy
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Andec Is Scheduling to Double Its Current Output
Apr 25, 2013Reportedly, Ecuador's steel longs producer Andec is scheduling to double its current output. The mill new 220,000 tpy electric arc furnace already started to produce. In June or July, a new billet casting machine will be commissioned. The ...
Tags: Metallurgy, Mineral, Energy
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China Pushed up The Global Steel Production in March 2013
Apr 25, 2013It's reported that China pushed up the global steel production in March, 2013. The global crude steel output totaled 135 million tons in March, was 1.1% higher than March 2012. Among them, China posted a 6.6% output increase to 66.3 million ...
Tags: Metallurgy, Mineral, Energy
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AK Steel Posted a Net Loss of US$9.9 Million for The First Quarter of This Year
Apr 25, 2013It's reported that Ohio-based AK Steel posted a net loss of US$9.9 million for the first quarter of this year, in comparison of a net loss of US$230.4 million in the fourth quarter of 2012. Meanwhile, AK Steel reported sales of US$1.37 ...
Tags: Steel, Metallurgy, Mineral, Energy
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APAC Sales to Grow 23% Per Year But Revenues Stay Flat as Unit Price Falls
Apr 25, 2013APAC sales to grow 23% per year but revenues stay flat as unit price falls. Demand for LEDs for displays forecast to boom over next five years. The global volume of light emitting diodes installed in signage and professional displays ...
Tags: LEDs, LED Displays, Lighting
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Moxie Software Will Now Provide Its Full Enterprise Social Networking
Apr 25, 2013Moxie Software will now provide its full enterprise social networking (ESN) software for free because the company is convinced that standalone, general-purpose ESN capabilities are a commodity. The company will charge customers when and ...
Tags: Computer Products, software
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