According to the market outlook released by IREPAS, the global association of producers and exporters of long steel products, in November this year long steel mills worldwide were in general bothered by lack of demand, the rise in scrap ...
Reuters reported that Italy faces a deep crisis as its biggest steel plants struggle for survival, putting it in the forefront of a permanent decline in western Europe’s steel sector and increasing cost pressures on many of the ...
Tags: Steel, steel plants, steel sector
US meat giant Tyson Foods has booked a drop in full-year profits as the company battled increasing grain and feed ingredients costs. In the 12 months ended 1 October, net profit slumped to US$576m from $733m in the prior year, the ...
Tags: Tyson Foods, full year profit, meat industry, food industry
Spot prices for European low density polyethylene firmed this week, driven by dialed-down operating rates, sources said. "The only firm offer we got so far this week was from Turkey at Eur1,300/mt ($1,682/mt) FCA Aliaga," a trader said. ...
Tags: LDPE, Production Cuts, LDPE prices
Gulf Times reported that the aluminium sector which has seen price laggardness due to over production and stock building is expected to witness an upturn in prices sooner than later. Mr Svein Richard Brandtz president & CEO of Hydro ...
Tags: aluminium sector, price laggardness, aluminium price, aluminium market
Demand for softwood lumber remains slack in France even though the holidays are now over. With the exception of individual, though only minor replenishment purchases in the first few days after the holidays, French buyers’ purchasing ...
Tags: market view, softwood
* Baosteel, Wuhan Steel keeps October prices flat * A move keen to stabilise the tumbling market BEIJING/SHANGHAI, Sept 11 (Reuters) - Baoshan Iron and Steel, China's largest listed steelmaker, will roll over its September steel prices to ...
Tags: Industry Trends, Fasteners
Six weeks after Toshiba announced it was cutting production of NAND flash by 30%(on July 24th),and five weeks after Samsung and Hynix said they would cut flash production by 10%(on Aug 7th),OCZ Technology,which makes SSDs,says it can't get ...
Tags: OCZ technology, SSD, chip, Toshiba, NAND flash
Production cuts in Finland have brought some balance to the market Summary Sawn timber prices are improving. Mild weather has hindered access to harvesting sites. UK purchases continue to be hand to mouth. Finnish producers are generally ...
Tags: market view, mill
The whole production capacity of stainless steel industry will further release, downstream demand growth is slowing down, influenced by export policy, the international situation, European anti-dumping and the debt crisis, stainless steel ...
Tags: market view, china, Stainless Steel