Weaker-than-expected Chinese manufacturing data sent the dollar lower today, ahead of all-important US employment figures due overnight. China's official Purchasing Managers Index fell to 50.4 in January from 50.6 in December, lower than ...
Tags: Dollar, Australian dollar, exchange rate
The sharemarket rose after a report showed falling interest rates were lifting parts of the nation's housing market, while manufacturing data from China indicated that an economic recovery remained on track. BHP Billiton, the world's ...
Tags: Stocks, economic recovery, iron ore gains
Rio de Janeiro, Brazil-base Vale S.A. announced Friday that iron ore production reached the highest level for a fourth quarter, at 85.5 million metric tons, allowing for a larger exposure to the price rally of the final months of last year. ...
Tags: iron ore production, iron ore, mine
In January, China's manufacturing purchasing managers index (PMI) was 50.4 percent, down by 0.2 percentage points month-on-month, still above the threshold. In view of the sizes of enterprises, the PMI of large-sized enterprises was ...
On February 1, Nanjing-based Meishan Mining Company, a subsidiary of Chinese steel giant Baosteel, announced that in January this year its output of iron ore concentrate totaled 240,200 mt, up by 72,800 mt year on year. Apart from its ...
Tags: Mining produces, iron ore, steel giant
Mechel, one of the leading Russian mining and steel groups, has announced that its crude steel output in 2012 increased by seven percent to 6.532 million mt compared to 2011. In 2012, Mechel saw a 12 percent year-on-year increase in its ...
Global pipe and tube producer Tenaris announced Wednesday that in January, the company began a new phase in its long-term supply agreement with Brazilian multinational energy company Petrobras, which will last until 2017. Throughout the ...
Tags: pipe and tube producer, Tenaris, Brazilian multinational energy company
The Australian dollar fell sharply yesterday after The Wall Street Journal exclusively reported a warning on the outlook for the Australian economy issued by ratings firm Standard & Poor's. At 5pm AEDT, the dollar was buying $US1.0406, ...
Tags: Aussie dollar, Australian economy, dollar
China National Coal Group mined 176 million mt of coal in 2012, up 7.3% year on year, according to data released Tuesday on the China National Coal Association website. The company's coal sales, meanwhile, rose 9.5% year on year to ...
The Australian dollar fell sharply after The Wall Street Journal reported a warning on the outlook for the Australian economy issued by ratings firm Standard and Poor's. At 5pm AEDT the dollar was buying $US1.04, down from $US1.0470 in ...
Tags: Dollar, Australian economy, investment
The Australian sharemarket has closed slightly weaker, snapping a 10-day winning streak, after markets in the US fell. At 4.15pm AEDT, the benchmark S&P/ASX 200 index had fallen 17.9 points, or 0.37 per cent, at 4878.8 points, and the ...
Tags: Stocks, sharemarket, Ordinaries index
The Ukrainian mining and steel producing group Metinvest has announced the repayment of a $75 million pre-export facility and a $40 million loan facility. Metinvest Group secured the two-year $75 million pre-export facility with an ...
Tags: mining, steel, steel producing group, Metinvest
Atego, the supplier development tools for safety-critical systems and software, has launched a database of software for publication and reuse. Called Atego Asset Library, it is based on the OMG’s Reusable Asset Specification (RAS). ...
Tags: Atego, safety-critical systems, software
Xylem Inc. has announced that it is expanding its dewatering pump rental offering across Europe to cater for a growing demand within the construction, municipal, mining and industrial sectors. Xylem will increase its bank of surface ...
Tags: Dewatering Services, dewatering pump, submersible pumps
Purchases of clarifiers, centrifuges, cyclones, dissolved air flotation units and other sedimentation and centrifugation equipment will exceed $7.3 billion in 2013. This is the latest forecast in the McIlvaine Sedimentation/Centrifugation ...
Tags: clarifiers, centrifuges, cyclones, dissolved air flotation