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Market View
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Taiwan's Imports of Stainless Steel Products in March,Rising by 24% From February
Apr 17, 2013Taiwan's imports of stainless steel products amounted to 99,948 tons in March, rising by 24% from February, according to data released by Taiwan's customs. Among them, 74,893 tons of hot rolled stainless steel products, increasing by 16% ...
Tags: Stainless Steel, steel, Metallurgy, Mineral, Energy, taiwan
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Oakley Is Introducing a New Downhill Mountain Biking Goggle
Apr 17, 2013Oakley is introducing a new downhill mountain biking goggle that will be used by world Downhill champion Greg Minnaar at the Sea Otter Classic this week. The new goggles, called the Airbrake MX, feature a new lens technology using ...
Tags: Transportation, bike
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Niner Bikes Is Introducing a New Version
Apr 17, 2013Niner Bikes is introducing a new version of its R.I.P. 9 frame using an "air-formed" aluminum frame that brings its weight down to nearly the same as the company's comparable carbon fiber bike. The R.I.P. 9 is a full suspension 29er trail ...
Tags: Transportation, bike
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CervéLo Announced a New Bike Model on Tuesday
Apr 17, 2013Cervélo announced a new bike model on Tuesday, a time trial and triathlon bike that is more affordable than its top-of-the-line P5. The new P3 will retail for $5,400 built up with Shimano Dura-Ace 9000 parts. The company says the new ...
Tags: Transportation, bike
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Feng Hsin Leaves Its Prices for Rebar and Scrap Unchanged for This Week
Apr 17, 2013It's reported that Feng Hsin, one of the major steel long product makers in Taiwan announced to remain its prices for rebar and scrap unchanged for this week. After the price announcement, the company's list prices for rebar are at ...
Tags: steel, Metallurgy, Mineral, Energy, taiwan
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Dongbu Steel's Sales Volumes of CR Steel Products in March Rises by 17.2% From a Month Ago
Apr 17, 2013It's reported that Korean steelmaker Dongbu Steel's sales volumes of cold rolled steel products totaled 196,000 tons in March, rising by 17.2% from a month ago. Among them, 79,000 tons were made to domestic market, increasing by 8.3%; ...
Tags: CR Steel, Metallurgy, Mineral, Energy
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Wisco Released Its Price Policy for May
Apr 17, 2013The Chinese steel giant Wuhan Iron and Steel Corp. (Wisco) released its price policy for May. The company decided to cut its list prices for hot rolled (HR) steel products by RMB200/ton for May. Also, it reduced its list prices for cold ...
Tags: HR Steel, Metallurgy, Mineral, Energy
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AK Steel Raises Its Base Prices for All Steel Products
Apr 17, 2013It's reported that AK Steel announced to raise its base prices for all 200, 300 and 400 grades flat-rolled stainless steel products, effective with shipments on May 6th, 2013. It's known that the company will increase the base prices by ...
Tags: steel, Metallurgy, Mineral, Energy
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Sharemarket Was Hammered After Chinese Economic Data Missed Market Expectations
Apr 16, 2013The sharemarket was hammered yesterday after Chinese economic data missed market expectations, adding to pressure from a slump in commodity prices that followed the release of disappointing US retail sales and consumer confidence data on ...
Tags: sharemarket, economy
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Aussie Dollar Dipped as Low as $US1.0417 Immediately After The China Data
Apr 16, 2013The Australian dollar fell sharply in Asian trading yesterday on news that economic growth in China, Australia's largest trading partner, was much slower than expected in the first quarter of this year. At 5pm AEST, the dollar was buying ...
Tags: Aussie Dollar, GDP growth
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Australian Dollar Neared 105 US Cents After Falling During Weekend Offshore Trading
Apr 16, 2013The Australian dollar neared 105 US cents after falling during weekend offshore trading. At 6.23am AEST the Australian dollar was at 105.11 US cents, down from Friday's local close of 105.46 US cents. During the weekend offshore ...
Tags: Australian dollar, currency
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Goldmining Stocks Are Sharply Lower in Early Trading After Gold Hits Bear Territory
Apr 16, 2013Goldmining stocks are sharply lower in early trading after the precious metal tumbled to a 21-month low at the end of last week, officially entering a bear market. Friday's sell-off in the yellow metal was triggered as prices broke below ...
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ING US Is Gearing up to Rebrand Its Business as Voya Financial, with a Strategy
Apr 15, 2013ING US is gearing up to rebrand its business as Voya Financial, with a strategy to support its mission of proactively guiding Americans on their financial journey to and through retirement. The operational rebranding process will take ...
Tags: ING, US Operation, Financial
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Manulife, HDFC Life Have Submitted Their Bids to Acquire HSBC's Indian Life Insurance arm
Apr 15, 2013Canada based financial services group Manulife Financial and HDFC Life, the Indian affiliate of Standard Life, have submitted their bids to acquire HSBC's Indian life insurance arm, which has a market value of nearly $200m. As part of a ...
Tags: Manulife, HDFC Life, financial services
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NXL Design Creates Packaging That Would Meet Both These Consumer Requirements
Apr 12, 2013"Many sandwich consumers want to be able to choose what to buy very quickly as an 'on the go' purchase, but also seek reassurance about the quality and freshness of the product they are going to be eating," said Phil Parkinson, design ...
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