Chinese buyers were bargain-hunting in the seaborne market against a backdrop of generally bearish demand and were heard Friday to have snapped up two Capesize spot cargoes of 5,500 kcal/kg NAR coal for $83.50-84.75/mt CFR south China, with ...
Tags: Chemicals, CFR Cargoes Trade, Chinese Market
The sharemarket fell sharply yesterday as iron ore prices declined and strong jobs news cooled hopes of interest rate cuts. Employment jumped by 71,500 places last month, the Australian Bureau of Statistics said. Economists had expected a ...
Tags: sharemarket, iron ore prices, iron ore
GLASS WORLD - ALU GLASS WORLD continues to hit the record to be the only leading exhibition in the Middle East and Africa in the glass and aluminum industry. Meet Our Latest Distinguished Participants: TMT TEKNOLOJI MUHENDISLIK - GLASS ...
Tags: Alu Glass, Glass, GLASS MACHINERY
Songket, the indigenous luxury handwoven fabric of Southeast Asian nations like Indonesia, Brunei and Malaysia, was showcased at a fashion show hosted by Nilam Larasati Sukanto, the wife of Indonesian Ambassador to Oman, at her residence ...
Tags: Songket Fabric, Textile, Songket
Atlas Copco inaugurated a new manufacturing facility in China. The new factory will produce high-efficiency compressors and generators, meeting the growing demand for such industrial equipment throughout Asia. The new plant, located in ...
China's incoming president, Xi Jinping, will likely follow the course set by his predecessor in dealing with Russia, according to a former senior vice president at China National Offshore Oil Corporation, Victor Gao. Xi is expected to be ...
Tags: gas, Offshore Oil, gas industry
Uncertainty over feedstock prices is putting a block on upward momentum in the European polyethylene terephthalate market, market sources said. Prices have been marching upwards recently as producers pushed through higher feedstock prices ...
Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Corp. (WISCO) has announced that its representative office in South Korea, which had been established in June 2009, has been upgraded to subsidiary status and is now ...
Tags: WISCO, steelmaker, Iron, Steel
South African textile and apparel industry is facing several challenges, including macroeconomic influences of Asian imports and the domestic labor challenges, and hence the performance of the industry may reamin stable in the coming years, ...
Tags: Challenges, Apparel, Textile
A small tailor’s shop of sofas from Altamura opens a showroom of 600 square metres in downtown Beijing. It's a tangible sign of the deep difference that characterizes Nicoline at a time when the so-called big companies open factories ...
Tags: Nicoline, Furniture, Furnishing
THE Australian dollar was higher in late Asian trading yesterday after strong economic data showing rising house prices in the fourth quarter of 2012 and solid gains in consumer sentiment in March. At 5pm AEDT it was buying $US1.0314, up ...
Tags: economy
Japan-based Nippon Steel & Sumitomo Metal Corp. (NSSMC), the world's second biggest steel producer, has announced the outlines of its mid-term management plan. Accordingly, the company plans to streamline its operations given that ...
Tags: NSSMC, steel producer, Crude Steel
North America and European OSB producers are trying to hold their positions on Asian export markets despite a positive trend in sales in their respective home markets. OSB suppliers managed to reap the rewards of rising plywood prices so ...
Tags: OSB, export markets, home market, plywood prices
The Australian Industry Group has welcomed a new government report aimed at “upskilling” the Australian workforce. The Futures Focus: 2013 National Workforce Development Strategy released recently, is an important step in ...
Tags: New Skills Strategy, Electronics, The Australian Industry Group
Facebook is planning a series of three events that will for the first time give mobile developers a chance to hear directly from the company and interact with its engineers and product managers. The events, which will take place in April ...
Tags: Facebook, mobile developers, social network