Bruce Harmon/Trans Pixs The Class 8 truck industry ended 2013 on a high note with about 31,800 new orders in December, a 50% jump from the same month a year earlier, ACT Research reported. Last month's net orders tally was a 50% ...
Tags: Class 8 truck industry, net orders tally, order volume, ACT
German sports car manufacturer Porsche is set to inaugurate its new EUR500m assembly plant in Leipzig, Germany on 11 February 2014. Porsche will manufacture its new Macan model, which was launched on 20 November 2013. Macan is a ...
Tags: Porsche, Assembly Plant
According to data released by the Turkish Statistical Institute (TUIK), the country’s exports of hot rolled coils (HRC) totaled 113,492 tons in November, jumping by 72% from 65,803 tons in October while remaining almost unchanged in ...
Tags: HRC, metallurgy
NYMEX February crude settled $1.48 lower at $93.96/barrel Friday, as a large draw in stockpiles was overshadowed by a sharp drop off in product demand and rising distillate stocks. ICE February Brent settled 89 cents lower at $106.89/b. ...
Tags: stockpiles, crude, Mineral
The value of trade in China's goods in 2013 is set to exceed that of the United States, making the world's second-largest economy the world's top trader for the first time, certainly in modern times. "Judging from the current statistics, ...
Tags: Goods Trader, global goods
China's oil demand in November fell 2.1 percent year-on-year to an average 9.9 million barrels a day, according to a report by Platts that was based on China's latest government data. It is the second time that China's oil demand declined ...
Tags: Oil Demand, Energy
Electrolytic manganese metal prices have risen as increased domestic demand coupled with reduced run rates at most plants tighten supplies further, sources said Thursday. Platts assessed 99.7% manganese at $2,170-2,220/mt FOB China ...
Tags: Domestic Demand, metal prices
According to a report from Alacero, finished steel imports from China to Latin America reached 4.7 million tons between January-November 2013, growing 17 percent versus same period of 2012. Latin America represented 10 percent of the global ...
Tags: steel, metallurgy
An index of the U.S. economy's service sector decreased in December, the Institute for Supply Management reported Jan. 6. ISM's monthly services index declined to a 53 reading from 53.9 in November. Figures of more than 50 indicate ...
Tags: Institute for Supply Management, monthly services index, decline
New Millennium Iron Corp. ("NML" or the "Corporation") (TSX:NML)(OTCQX:NWLNF) today provided an update on the progress of the Taconite Project Feasibility Study ("TFS"), which is being jointly undertaken by Tata Steel Limited ("Tata Steel") ...
Tags: New Millennium Iron, Taconite Project Feasibility Study, Tata Steel
Last year proved another solid one for the ever-expanding SUV category, with 333,511 units sold across Australia for a nine per cent increase on 2012. The top four manufacturers mirrored 2012′s results with Toyota (56,139) finishing ...
Tags: SUV, Toyota, Mazda Cx-5
According to the statistics released by the Turkish Statistical Institute (TUIK), in December last year the producer price index (PPI) for Turkish industry in general rose by 1.11 percent over November and was up 6.97 percent year on year, ...
Tags: metal, metallurgy
In December last year, the Markit/CIPS UK's construction Purchasing Managers' Index (PMI) decreased slightly to 62.1 from November's reading of 62.6. The latest reading marked eight months of continuous output growth in the UK construction ...
Tags: construction, PMI
In the January-November period of last year, Turkey's finished steel output increased 6.5 percent year on year to 33.30 million metric tons, according to the report released by the Turkish Iron and Steel Producers' Association (TCUD). In ...
Tags: steel, metallurgy
The US Census Bureau of the Department of Commerce announced Thursday that construction spending during November 2013 was estimated at a seasonally adjusted annual rate of $934.4 billion, 1.0 percent (±1.6 percent) above the revised ...
Tags: construction