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Market View
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When You Are Not Home Was Revealed by Wireless Meters
Jan 7, 2013Criminals no longer need to stake out a home or a business to monitor the inhabitants'comings and goings.Now they can simply pick up wireless signals broadcast by the building's utility meters. In the US,analogue meters that measure ...
Tags: Wireless Meters, Criminals
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Construction Spending Amounted to USD 781.4 Billion, 9.2% Above The USD 715.4 Billion
Jan 7, 2013The US Census Bureau of the Department of Commerce announced Wednesday that construction spending during November 2012 was estimated at a seasonally adjusted annual rate of USD 866.0 billion, 0.3% below the revised October estimate of USD ...
Tags: construction, US, construction spending, private construction
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Oriental Group Is Looking to Raise Net Proceeds of SGD 21.4 Million in a Placement
Jan 7, 2013Business Times reported that Oriental Group is looking to raise net proceeds of SGD 21.4 million in a placement of 179.2 million new shares at 12 Singapore cents each. The steelmaker said that the issue price is at a 9.16% discount to ...
Tags: carbon steel manufacturer, carbon steel, Oriental Group, shares
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Indian Major Steelmakers Are to Enhance Production Capacity for 24 Million Tons Per Year
Jan 7, 2013It is learned that Indian major steelmakers are to enhance production capacity for another 24 million tons per year before financial year 2017-2018. According to the Steel Ministry, the state-owned SAIL will ramp up its capacity from ...
Tags: Indian major steelmakers, production capacity, financial year, 2018
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Rapha Has Launched Its Product Line Tied to Its Sponsorship of The Team Sky Team
Jan 7, 2013Rapha has launched its product line tied to its sponsorship of the Team Sky team, including defending Tour de France champion Sir Bradley Wiggins. Rapha has a four-year agreement with the team. The product line includes 60 new items in ...
Tags: Rapha, product line, sponsorship, Team Sky team
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Twenty-Two of Iraq's 30 Private Banks Made a Combined Profit of $366 Million
Jan 7, 2013By John Lee. Twenty-two of Iraq’s 30 private banks made a combined profit of $366 million (427 billion Iraqi dinars) during the first nine months of the year, according to a study released by the Association of Private Banks in ...
Tags: Iraq, private banks, finance, investment
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Over The Past 3 Years, Iran Has Discovered Over 11 Billion Tonnes of Minerals
Jan 6, 2013Mr Vajihollah Jafari deputy industry minister said that over the past 3 years, Iran has discovered over 11 billion tonnes of minerals. Between March 2010 and March 2012, about IRR 1.6 trillion was invested in the field of mineral ...
Tags: Iran, minerals, mineral exploration, mining
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Japan's Industrial Production Decreased 1.7% From The Previous Month
Jan 6, 2013In November this year, Japan's industrial production decreased 1.7% from the previous month, showing a month on month decrease after two months of upward movement, while a decrease of 5.8% was recorded compared to November of the previous ...
Tags: Japan, industrial production, Japan economy, iron, steel
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The USA Owned Container Vessel MADURA (7,381 LDT) Was Concluded for a Very Firm USD 44S
Jan 6, 2013Despite Christmas holidays fully underway, the Indian market still found the time to conclude a few deals at some impressive numbers The USA owned container vessel MADURA (7,381 LDT) was concluded for a very firm USD 44S.LT LDT (the ...
Tags: Indian market, Christmas holidays, vessels, Ship Breaking
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HS2 Announced The Award of Framework Contracts Covering Engineering and Environmental
Jan 6, 2013A further step towards the development of the planned High Speed 2 north - south high speed rail network came on December 24, when the government’s development company HS2 Ltd announced the award of framework contracts covering ...
Tags: High Speed 2, rail network, environmental service, UK
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Copper Rose for a Second Day in New York Before a Report
Jan 6, 2013Balkans.com reported that Copper rose for a second day in New York before a report that may show new home sales in the US, the second-biggest consumer of the metal, rose to the highest level in more than two years. Copper for delivery in ...
Tags: Copper rose, in New York
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Japanese Buyers Have Agreed an Aluminium Premium of USD 240 Per Tonne
Jan 6, 2013Japanese buyers have agreed an aluminium premium of USD 240 per tonne with Rio Tinto Alcan for some January to March shipments, down from a record this quarter, reflecting easing demand as the world’s third largest economy slips into ...
Tags: aluminium premium, Japan, Rio Tinto Alcan, aluminium
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Steel Authority of India Limited's Bokaro Steel Plant Has Registered a Steady Growth Path
Jan 6, 2013Steel Authority of India Limited’s Bokaro Steel Plant has registered a steady growth path both in production and projects in the year 2012. Commissioning of the rebuilt zero emission Coke Oven Battery 2 in March 2012 was one of ...
Tags: Bokaro Steel Plant, Steel Authority, steel, India
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The US Rotary Rig Count Was Down 11 Rigs at 1,763 for The Week of December 28th 2012
Jan 6, 2013The US rotary rig count was down 11 rigs at 1,763 for the week of December 28th 2012. It is 244 rigs (12.2%) lower than last year. The number of rotary rigs drilling for oil was down 13 at 1,327. There are 134 more rigs targeting oil than ...
Tags: US, rotary rig, oil, drilling
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Voestalpine AG May Construct a EUR 500 Million Factory in The US to Benefit From Cheap Gas
Jan 6, 2013Bloomberg reported that Austrian steelmaker Voestalpine AG said on December 19 it may construct a EUR 500 million factory in the US to benefit from cheap gas. Nucor Corp also plans to start up a USD 750 million Louisiana project in mid ...
Tags: Voestalpine AG, steel, gas, Austria
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