In October this year, the China HSBC Flash Manufacturing Purchasing Managers Index (PMI) increased to 50.4 - the highest level of the past three months - higher than the anticipated level of 50.2 and up from September's final reading of ...
Tags: PMI, China economy
Fujian Province-based Chinese steelmaker Fujian Sangang (Group) Co. issued its financial results for the first half of the current year on August 25, announcing a net loss of RMB 43.1284 million ($7.01 million) compared to a net loss of RMB ...
In August this year, the China HSBC Flash Manufacturing Purchasing Managers Index (PMI) decreased to 50.3, the lowest level of the past three months, down from July's final reading of 51.7, as announced by the HSBC on August 21. In ...
Tags: PMI, sluggish demand
China's coal production and sales were lower in June, compared with year-ago levels and the previous month, data released Wednesday by the China National Coal Association showed, as sluggish demand and falling prices weighed on miners. ...
China's largest coal producer Shenhua Group is trying to persuade traders and utilities to buy more coal in a bid to reduce inventories at ports as relatively high stocks at utilities and robust hydropower production continue to weigh on ...
Tags: Coal Stocks, China's Shenhua
Platts Australian alumina assessment closed the week at $310.50/mt FOB, decreasing $1.50/mt from Thursday, weighed by sluggish demand, the higher cost of credit in China, and concerns relating to counter-party risk. The assessment was down ...
Tags: Alumina, Qingdao port
European butyl acetate producers are again struggling to pass on feedstock increase this month and are having to accept declining margins, sources said this week. Butac is produced from iso-butanol, a propylene derivative, and acetic ...
Tags: Butyl Acetatem, propylene
Listed Japanese companies as a whole are expected to maintain profit growth in the fiscal year ending March 2015, but management, concerned by the recent sales tax hike and emerging-market slowdowns, have issued conservative earnings ...
Tags: Electrical, Electronics
Prompt prices on the Dutch and German gas markets fell further Wednesday as healthy storage inventories and rising temperatures hit demand, while higher Norwegian flows also weighed on the market. At midday UK time, the day-ahead gas ...
Tags: gas markets, German storage
Inflation is picking up in Japan, with growing expectations that the nation is headed for a 3% year-on-year rate in April or soon after. Price rises in Tokyo, a leading indicator of the nationwide trend, have been far exceeding the ...
Tags: Electrical, Electronics, Light Industry
India's woolen product exports are likely to surpass US$ 500 million target set for the current financial year 2013-14 due to growing demand from the US and the EU, Ashok Jaidka, chairman of Wool & Woollens Export Promotion Council (WWEPC) ...
Tags: Woolen Export, woolen product, Export Target
A key gauge of China’s manufacturing activity fell again in February as companies are becoming increasingly cautious about future business conditions amid sluggish demand both at home and abroad. The official Purchasing ...
Tags: PMI, manufacturing activity
Ssangyong Motor (CEO Lee Yoo-il;www.smotor.com), part of the Mahindra Group, today announced that the company achieved its highest revenue last year since its establishment, driven by global sales growth despite the overall sluggish demand ...
Tags: Ssangyong Motor, Auto Parts
In 2013, amid slowing economic growth and sluggish demand in China, economies overseas witnessed a gradual recovery. Under such circumstances, China's stainless steel imports declined, while its exports continued to increase. Stainless ...
Tags: Stainless Steel, Mineral
UAE-based steel producer Emirates Steel Industries (ESI) has announced its financial results for 2013, stating that its sales revenues amounted to AED 6.5 billion ($ 1.8 billion), almost eight percent higher than 2012, despite sluggish ...
Tags: steel producer, steel