Industry Trends
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Industry Trends
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The Earliest Chinese Valve Manufacturer Started in 1950's
Apr 22, 2013The earliest Chinese valve manufacturer started in 1950’s, at that time, there were only several valve manufacturers and they belong to government. In 1980’s, after the the reform and opening-up policy, quite a few Chinese valve ...
Tags: Valve, Valve Manufacturers
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Korean Hyundai Hysco's Production Target Has Been Cut for This Year
Apr 22, 2013Reportedly, Korean Hyundai Hysco cut its production target for this year due to sluggish automotive industry. It's learned that as Hyundai Motor' car output decreased by 20.7% year on year to 142,895 units in March. Also, Korea's car ...
Tags: Metallurgy, Mineral, Energy
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A Study Shows Americans Spend About 16 Minutes out of Every Hour on Social Networks
Apr 22, 2013Americans are so fixated on social networks that they spend an average of 16 minutes out of every hour on them, according to a study by Experian Marketing Services. In the U.S., 27% of users' time online is spent on forums and social ...
Tags: Social Nets, Computer Products
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US Net Imports of Petroleum and Other Liquid Fuels Is One of The Most Watched Indicators
Apr 22, 2013Source: US Energy Information Administration, Annual Energy Outlook 2013. US net imports of petroleum and other liquid fuels as a share of product supplied (used as a proxy for consumption) have been one of the most watched indicators in ...
Tags: Service, Eliminate Oil, Energy
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Korea's Exports of HR Stainless Steel Plates in March Falls by 18.5% From a Month Ago
Apr 22, 2013According to data released by the Korean Iron and Steel Association (KOSA), Korea's exports of hot rolled (HR) stainless steel plates totaled 47,441 tons in March, falling by 18.5% from a month ago and decreasing by 6.9% year on year. ...
Tags: Stainless Steel Plates, steel
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Japanese Nisshin Steel Announced to Raise Its Domestic Prices for Austenitic CRC
Apr 22, 2013Japanese Nisshin Steel announced to raise its domestic prices for austenitic cold rolled coils (CRC) and tubes by ¥20,000/ton and increase its domestic prices for ferritic CRC and tubes by ¥10,000/ton from June deliveries. A ...
Tags: Steel
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The Current Prices of SS400 HRC in Malaysia Remains Unchanged From Last Week
Apr 22, 2013Reportedly, the current prices of SS400 hot rolled coils (HRC) with sizes of 3.0mm*1,250mm*C in Malaysia is at about US$810~US$825/ton, remaining unchanged from last week. The market shows a sign that the price may remain stable in the ...
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Taigang Released Its Price Policy for HR Steel Products and Medium Heavy Plates for May
Apr 22, 2013It's reported that Chinese steel giant Taigang released its price policy for hot rolled steel products and medium heavy plates for May. The company decided to cut the prices for hot rolled steel products and medium heavy plates by ...
Tags: steel, Metallurgy, Mineral
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Ansteel Launched Its Price Policy for May
Apr 22, 2013It's reported that the Chinese steelmaker Ansteel launched its price policy for May. The company decided to cut its list prices for ordinary hot rolled carbon steel products and cold rolled coils/plates by RMB150/ton and RMB100/ton ...
Tags: HR Steel, Metallurgy, Mineral, Energy
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The Korean Rebar Mils Have Completed The Price Negotiation for April
Apr 22, 2013Reportedly, the Korean rebar mils have completed the price negotiation for April with the local construction companies. The contract prices for rebar with diameter of 10mm are at KRW750,000/ton in cash. In fact, the Korean rebar mills ...
Tags: Construction, rebar mils, Metallurgy, Mineral, Energy
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Korea Exported Steel Pipes in The First Quarter of This Year,Rising by 5% Year on Year
Apr 22, 2013According to data, Korea exported 687,423 tons of steel pipes in the first quarter of this year, rising by 5% year on year. In the first quarter of this year, the US was the largest importer of the Korean steel pipes, accounting for 63.4% ...
Tags: steel pipe, Metallurgy, Mineral, Energy
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Insteel Industries Reports Higher Earnings
Apr 22, 2013Mount Airy, North Carolina-based Insteel Industries, Inc. reported Thursday net earnings of $3.7 million, for Q2 of fiscal 2013 compared with $300,000 in the same period a year ago. Insteel's financial results for Q2 of fiscal 2013 ...
Tags: Metallurgy, Mineral, Energy
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Rig Count Fell in Both Canada and The US
Apr 22, 2013Baker Hughes reported Friday that for the week ending April 19, the US rig count fell by 13 to 1,758, following a 33-rig increase a week ago. During the week, the oil rig count fell by 16 to 1,371 while the gas-directed rig count was up two ...
Tags: Metallurgy, Mineral, Energy
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American Textile Recycling Service Take Textile Recycling Mission to Earth Day Event
Apr 22, 2013American Textile Recycling Service is excited to bring its textile recycling mission to the Nashville Earth Day Festival, Saturday, April 20th at Centennial Park in Downtown Nashville. A free, family-oriented event, the Nashville Earth ...
Tags: Textile
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NY Futures Continued to Slip This Week and Dropped 58 Points to Close at 85.08 Cents
Apr 22, 2013NY futures continued to slip this week, as July gave up 126 points to close at 85.48 cents, while December dropped 58 points to close at 85.08 cents. The futures market remained under pressure as hedge funds continued to exit commodity ...
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