Yonhap reported that output of South Korea's machinery industry is expected to rise 5.1% YoY to KRW 453.7 trillion (USD 424 billion) next year, with its growth likely to turn around slightly on a possible recovery in the global economy. ...
Tags: South Korea, machinery industry, global economy, industry trend
Bloomberg reported that antitrust body fined POSCO, Hyundai Hysco Co and five other South Korean steelmakers were fined a combined KRW 291.7 billion (USD 273 million) for fixing the price of some products. The Fair Trade Commission ...
Tags: antitrust body, POSCO, Hyundai Hysco Co, fine, price fixing
MNA cited Mr Abbas Memarnejad, Customs Administration Director of Iranian, as saying that Iran conducted USD 71.2 billion in trade of non oil goods with other countries during the first nine months of the current Iranian calendar year, ...
Tags: Iran, non oil goods, exports, Iran economy
According to statistics released by Japan's Ministry of Finance, Japan's stainless flat steel exports totaled 66,952 tonnes in October this year, rising by 9.4% MoM and up by 1.6% YoY In the first 10 months of the current year, Japan's ...
Tags: Japanese Stainless Flat, Stainless Steel Exports, Rise in October
According to statistics released by Japan's Ministry of Finance, Japan's ferrous scrap exports totaled 735,211 metric tons in November this year, decreasing by 7.4 percent month on month and up 19.3 percent compared to November 2011. In ...
Tags: Japan, ferrous scrap, exports, November
South Korea's new car registrations rose 3.8 percent month on month and were up 35.1 percent year on year to 12,470 units in November 2012, according to the data released by the Korea Automobile Importers and Distributors Association ...
Tags: South Korea, new car, registrations, November, 2012, KAIDA
The Indonesia Antidumping Committee has found that the cold rolled coil and cold rolled sheet imports from Japan have been dumped, according to the Japan Iron and Steel Federation. KADI recommended Indonesia's minister of commerce to take ...
Tags: cold rolled coil, cold rolled sheet, Japanese steel industry, steel
According to the surveys conducted at last September's exhibition,66%of Texworld visitors value eco-friendly ranges at the show while 72%of exhibitors expressed their satisfaction with the organization of the Eco Itinerary which groups ...
Tags: green product, eco friendly fabrics, Texworld, Messe Frankfurt
“The most valuable commodity I know of is information.” (Gordon Gecko in “Wall Street” by Oliver Stone) Commodities have experienced a renaissance after the bursting of the internet bubble at the end of the ...
Tags: Commodities, Metallurgy, Mineral
Based on preliminary Census Bureau data, the American Iron and Steel Institute reported Thursday that the US imported a total of 2,659,000 net tons of steel in November, including 1,988,000 net tons of finished steel (up by 2% and down 6% ...
Tags: American Iron and Steel Institute, iron, steel, putput
Reuters reported that iron ore shipments to China from Australia's Port Hedland,a bellwether for Chinese industrial activity,surged 25%in December,from the previous month. Port authority data said that China imported 20.23 million tonnes ...
Tags: Port Hedland, China, iron ore, Australia
Korea Petrochemical Industry Corp. (KPIC) is setting up a Monoethylene Glycol (MEG) plant, production of which is expected to commence in last quarter of 2014. "The construction of the MEG plant will complete in the second quarter of 2014 ...
Based on the Commerce Department's most recent Steel Import Monitoring and Analysis data,the American Iron and Steel Institute reported that steel import permit applications for the month of December totaled 2,358,000 net tons. This was a ...
Tags: Commerce Department, MISI, Steel import, US
Seeing from the market cycle, we analysis the Eastern China’s glass price. And we find that, before 2006, the glass price has a apparent rigid future which is insensitive to the market demand. After 2006, the market futures appeared ...
Tags: Glass Price, Upward Orbit, China, Construction
Styrene monomer traders Thursday said they remained bullish about the outlook for SM in the first quarter of 2013 and expect prices to stay firm even after hitting new record highs on almost a daily basis in December and to date in January. ...
Tags: Styrene monomer traders, outlook for SM, collapse, Chemicals