In its financial results according to international financial reporting standards (IFRS) for the third quarter of the current year, Russian pipemaker TMK saw its net profit decrease by 13 percent quarter on quarter to $35 million. In the ...
Volvo's truck deliveries jumped by 47 percent year-over-year for the month of October in North America. North American Volvo-brand truck deliveries gained 34 percent year-over-year to 2,880, and Mack’s gained 83 percent to 1,931. ...
Canton, Ohio-based The Timken Company reported Thursday third-quarter 2013 sales of $1.1 billion, a 7 percent decrease compared with the same period a year ago, primarily due to weaker demand from the company's broad end markets, partially ...
Tags: Steel Segment, economic growth
Refining capacity expansions in China have been largely on track this year although the country's relatively weaker growth in oil demand could delay some projects and result in lower utilization rates, analysts said this week. Up to 1.3 ...
Tags: oil, Metallurgy, Mineral
For its fiscal fourth-quarter 2013 (ended 19 June), optical networking and associated semiconductor technology firm JDSU of Milpitas, CA, USA has reported net revenue of $421.3m, up on $405.3m last quarter but down on $434m a year ago. ...
The Valspar Corporation reported third quarter 2013 net sales of $1.1 billion, up one percent versus the prior year. Reported net income and earnings per diluted share for the current and prior year include several nonrecurring items, which ...
Tags: Valspar Reports
Cummins Inc. today reported results for the second quarter of 2013. The company said they expect full year revenues to be in line with 2012. Second quarter revenues of $4.5 billion increased 2% from the second quarter of 2012. Revenues in ...
Tags: Cummins
Good rains that are likely to remain strong for the rest of the monsoon are set to keep cement demand under pressure in the ongoing July-September quarter. While demand for cement between May-end and June was supported by pre-monsoon ...
Tags: Cement, Construction
According to statistics released by the Turkish Statistical Institute (TUIK), Turkey’s imports of stainless coils totaled 41,936 tons in June, decreasing by 14% from a month ago. The country’s import values generated by ...
Tags: Stainless Coil, Mineral
Textile and clothing exports from member countries of the Association of Southeast Asian Nations (Asean) declined sharply in 2012, according to Textiles Intelligence. The main causes were declines in exports to the USA and the EU, ...
The purchase of raw material as well as finished product inventory with Chinese textile enterprises decreased in May, owing to traditional off season for the textile industry, according to the monthly review of the Chinese textile industry ...
Tags: Raw Material, textile industry
US spot benzene reached a 10-month low assessment Tuesday at $4.17/gal ($1,246.83/mt) FOB US Gulf Coast. Spot benzene was last assessed below this level on August 29, 2012 at $4.16/gal FOB USG. Since then, benzene prices have risen as ...
Prompt gas prices on the UK's NBP trading hub fell Monday as the long system and lower demand weighed on near term contracts. Gas for same day delivery was heard changing hands around 1100 GMT at 60.30 p/th down 0.95 p/th from Friday ...
Tags: Prompt gas, gas, Metallurgy, Mineral, Energy
World 2013/14 cotton trade is forecast to decline 12 percent from a year ago, to 39.5 million bales, due to a combination of lower exportable supplies and China’s policy-driven lower demand for foreign cotton. The 2013/14 ...
For fiscal third-quarter 2013 (to end-March), optical component, module and subsystem maker Oclaro of San Jose, CA, USA, has reported revenue of $141.6m, down 11% on $159.5m the previous quarter and up 60% on $88.7m a year ago (which was ...
Tags: Oclaro Opnext, Electrical, Electronics