Maple Leaf Cement, has recorded an abnormal growth in profits, which was driven by higher cement prices, lower coal prices, dipping interest rates and tax reversal. According to a notice sent to the Karachi Stock Exchange, the ...
Tags: Construction, Decoration, cement
It's reported that the Turkish steel long product manufacturer Icdas has cut its list prices for rebar further by TRY15/ton, due to depreciated Turkish lira and sluggish demand. After the adjustment, its sales prices for rebar with diameter ...
Tags: Reduces Rebar, Construction
Qinghai Province-based Chinese steelmaker Xining Special Steel Co. has announced that it has suspended its plan for a non-public offering of its shares against the background of sluggish demand in the steel markets and negative conditions ...
Tags: steelmaker, steel markets
Despite a new oil product pricing mechanism introduced by the central government in March, China's state refiners continued to suffer in the downstream in the second quarter because of poor domestic demand, their interim results showed. ...
Tags: oil product, gasoil demand
Windows 8 may be seeing sluggish demand, but Dell believes its the best OS for business tablets and plans to roll out more products built with the operating system later this year, a senior executive said Tuesday. "The reason that our ...
Ishihara Sangyo Kaisha, Ltd. (“ISK”) announced on August 12, 2013, that as a part of its ongoing reformation of inorganic business portfolios, it will close the titanium dioxide production plant of its 100% subsidiary ISK ...
According to data released by the Korea Iron & Steel Association (KOSA), Korea’s production of hot rolled coils (HRC) totaled 16.28 million tons in the first half of this year, falling by 3% year on year. It’s said that the ...
Tags: HRC Production
It’s reported that the Indian steelmakers are seeking to raise hot rolled coil (HRC) prices recently due to increased steel prices in international market and depreciated Rupees. However, market participants said that the Indian ...
Tags: Steelmakers, HRC Prices
According to data released by the Korea Iron and Steel Association (Kosa), Korea’s exports of hot rolled coils (HRC) totaled 2.21 million tons in the first half of this year, decreasing by 17% year on year, affected by sluggish ...
Tags: HRC import, Mineral
As coal prices remain lackluster due to sluggish demand, Shanxi took measures to stabilize the local coal market and ease the mounting pressure that coal producers in the province have been feeling since January. The Shanxi provincial ...
Tags: Local Coal Market, sluggish demand
In the first half of this year, the Chinese iron ore spot trading platform China Beijing International Mining Exchange (CMBX) recorded the conclusion of 84 deals for a total of 7.5594 million mt of iron ore, exceeding the 7 million mt ...
Weakness in the global economy, component shortages, sluggish demand for Windows 8 and the popularity of tablets all contributed to another double-digit percentage decline for the global PC market in the second quarter. PC shipments in ...
Tags: PC Shipments, Computer, Lenovo, HP
It’s reported that Alcoa Inc. plans to permanently close its Fusina aluminium smelter in Italy and book a charge of up to US$35 million for the move in order to cut capacity amid sluggish demand. The smelter in Venice, which has ...
It’s reported that Indian hot rolled coil (HRC) market has remained weak recently. In fact, the Indian steelmakers have sought to raise HRC prices in spite of depreciated Rupees. However, the price rise was unfavorable to local ...
Tags: HRC Market, Mineral
According to data released by the Turkish Steel Exporters’ Union (CIB), Turkey’s steel exports totaled 10 million tons in the first half of this year, down by 0.5% year on year, caused by slowdown in global economic growth and ...