Industry Trends
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Industry Trends
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European Stainless Makers Cut The Alloy Surcharge for December by at Least €111/Ton
Dec 4, 2012Reportedly, the European stainless makers have announced to cut the alloy surcharge for December by at least €111/ton in response to lower nickel prices. It's learned that the three major stainless steel producers in Europe ...
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Spanish Mill's HRC Price Rise by US$20/Ton From Early November
Dec 4, 2012It's reported that a Spanish mill has recently made an offer for its hot rolled coils (HRC) at US$570/ton, rising by US$20/ton from early November. Few Italian mills likewise have announced rises on HRC prices without any confirmation. ...
Tags: hot rolled coils, HRC prices, HRC
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Global Platform Based Truck Production Is Expected to Reach 612,000 Units by 2018
Dec 3, 2012The global platform based truck production is expected to reach 612,000 units by 2018, nearly doubling the levels of production recorded in 2011, according to a new report. Frost & Sullivan's 'Strategic Analysis of Platform Strategies of ...
Tags: Global, truck production
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BMW Is Planning to Increase Chinese Production by 80%
Dec 3, 2012German luxury car maker BMW has sought permission from the Chinese government to increase its annual production by 80%, from the current 200,000 to 360,000 units. The carmaker's 50-50 Chinese joint venture, BMW Brilliance Automotive ...
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Global Light Duty NGV Sales to Add to 25.4 Million Units at The End of 2019: Report
Dec 3, 2012The global sales for light duty natural gas vehicles (NGV) are expected to reach 25.4 million units by 2019, according to a new report. According to the Pike Research report, "Light Duty Natural Gas Vehicles", the market for light duty ...
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Dow Corning's Year-to-Date Sales and Net Income Were Down 5 Percent and 47 Percent
Dec 3, 2012Dow Corning Corp. announced sales of $4.64 billion and net income of $288 million through the first three quarters of 2012. Dow Corning's year-to-date sales and net income were down 5 percent and 47 percent, respectively, compared to 2011 ...
Tags: net income, Polysilicon prices, Polysilicon
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The Net Profit for The Nine Months Totaled SR 18.89 Billion
Dec 3, 2012The Saudi Basic Industries Corporation (SABIC) has announced a net profit of SR 6.31 billion for Q3 2012, as against SR 8.19 billion in the same period last year, a decrease of 23 percent, and an increase of 19 percent as against SR 5.30 ...
Tags: Basic Industries, profit, SABIC profit
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IMS Research Released "The World Market for Lamps & Luminaires in General Lighting" Report
Dec 3, 2012IMS Research (Recently acquired by IHS) has released its global lighting report “The World Market for Lamps & Luminaires in General Lighting”. The report offers the most detailed view of the global lamp market by technology, ...
Tags: LED Lamp
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Multi Grammy Award-Winning Evanescence Have Just Completed Their UK Arena Tour
Nov 30, 2012UK - Multi Grammy Award-Winning Evanescence have just completed their UK arena tour. The Arkansas rockers, who released their self-titled third studio album in October last year, played four arena shows. The band kicked off the tour at ...
Tags: arena tour, moving light rig, stage, illuminate
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Taigang Stainless Has Announced Its Price Policy for December 2012
Nov 30, 2012Taigang Stainless, the largest stainless steel producer in China, has announced its price policy for December 2012. It's learned that Taigang Stainless decided to cut its domestic prices for 304 grade stainless steel products including ...
Tags: Taigang Stainless, stainless steel, 304 grade stainless steel products
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Nexo Has Just Conducted The First 'official' Audio Demo of a Full STM Series PA
Nov 30, 2012France - Nexo has just conducted the first 'official' audio demo of a full STM Series PA, its new flagship sound reinforcement system. Joining forces with Yamaha Music Europe, the sister companies used the JTSE Live trade show event in ...
Tags: PA, digital control, audio, sound reinforcement system
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The NYMEX January Natural Gas Futures Contract Settled 15.3 Cents Lower at $3.648/MMBtu
Nov 30, 2012The NYMEX January natural gas futures contract settled 15.3 cents lower at $3.648/MMBtu Thursday, after weekly figures from the US Energy Information Administration showed an unexpected storage injection. "Two things have pushed the price ...
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IEEE Has Made Available a New Report It Commissioned Detailing How Energy Storage
Nov 30, 2012IEEE has made available a new report it commissioned detailing how energy storage, distributed generation and microgrid technologies stand to evolve given the deployment of the smart grid across the globe over the next five years. Based ...
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Ford to Invest $760m to Build a New Assembly Pant in Hangzhou, China
Nov 30, 2012US carmaker Ford and its joint venture Changan Ford Mazda Automobile (CFMA) are planning to invest $760m to build a new assembly pant in Hangzhou, China. The new assembly plant is expected to increase the production capacity by two fold ...
Tags: Ford, new assembly, Hangzhou
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Clean Diesel Vehicles Rise From 9.1 Million in 2012 to 12.1 Million in 2018
Nov 30, 2012Worldwide clean diesel vehicles sale is expected to rise from 9.1 million in 2012 to 12.1 million units per year by 2018, according to a new report. A new report from Pike Research reveals that the sales of clean diesel vehicles will ...
Tags: clean diesel, light-duty, fuel economy
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