Hyundai Motor Company, the fastest-growing automaker by brand, today announced its 2013 full-year earnings results. The company's revenue rose on increased sales from its overseas markets, while profits fell slightly due to production ...
In January this year, the China HSBC Flash Manufacturing Purchasing Managers Index (PMI) decreased to 49.6, the lowest level of the past six months, down from December's final reading of 50.5, as announced by the HSBC on January 23. In ...
Tags: HSBC's China, Manufacturing PMI
China auto market will likely sustain another strong growth in 2014, helped by an anticipated array of economic stimulus measures and robust demand for cars in smaller cities of China's interior regions, according to industry executives ...
Tags: Auto Market, Strong Growth
Spain announced its wire prices to stay flat due to sluggish demand on the local market around €490-495/ton (US$676-683/ton). Currently, Spain wire and drawing material export prices are about FOB €470/ton (US $ 649/ton) and FOB ...
Tags: steel, metallurgy
In December last year, the purchasing managers index (PMI) of the Chinese steel sector stood at 47.7 percent, decreasing by 1.3 percentage points as compared to November and remaining below 50 for the fourth consecutive month, as announced ...
Tags: steel, metallurgy
The transaction prices of China Steel Corp. (CSC)’s Al-killed finished steel wires have dropped further to NT$24,000/ton in the Taiwanese market recently, falling by NT$500~NT$700/ton. Industry sources said that the prices might ...
Tags: CSC, metallurgy
China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan is going to release its list prices for electric furnace (EF) Al-killed wire rods for next January. Industry sources said that CSC might remain prices unchanged due to ...
Tags: steel, metallurgy, Taiwan
According to data released by the Korea Iron & Steel Association (KOSA), the country’s heave plate imports totaled 1.63 million tons in the January-October period, slumping by 42% year on year. In the given period of time, the imports ...
Tags: Heavy Plate, Construction, steel
Taiwanese China Steel Corporation (CSC) faces soft demand for electric furnace (EF) Al-killed wire rod that results in reducing orders in November after a sharp growth on local orders in the past five months. The market price of CSC’s ...
The annual output of injection molding machines in China, the world's largest injection molding machine producer, hit roughly 100,000 sets. However, impacted by the weakening demand for auto and household appliances downstream on the heels ...
Tags: Manufacturing, Processing Machinery, Plastic Injection Molding Machine
China's Ministry of Commerce has stated in its Report on China's Foreign Trade Situation (Autumn 2013) that in the first half of 2013 growth in China's foreign trade indicated significant fluctuation due to the complicated global and ...
Tags: Metallurgy, Mineral, Energy
It’s reported that Korean steelmaker Hyundai Steel said that its output of finished flat and long products dropped by 6% from a quarter ago in the third quarter of this year, due to facility maintenance and sluggish demand in summer. ...
Tags: Hyundai Steel, steelmaker
Reportedly, Korea’s steel giant Posco launched its financial result for the third quarter of this year. In the third quarter of this year, Posco’s sales of finished steel products totaled 8.3 million tons, falling by 7% year on ...
Tags: Posco, Finished Steel Products
As of October 21, inventory of iron ore at 25 major Chinese ports amounted to 75.299 million mt, indicating an increase of 459,000 mt or 0.61 percent week on week, as announced by China's Xinhua News Agency on October 22. As of the given ...
Tags: Iron Ore, Metallurgy, Mineral, Energy
Reportedly, Nucor’s rebar shipments totaled 305,000 tons in the third quarter of this year, falling by 11% year on year, affected by sluggish demand from construction sectors and low-priced imports. In the second quarter of this year, ...
Tags: Rebar, steel, Construction