With Turkey’s growing domestic market becoming increasingly sophisticated and with the country boasting a strong local manufacturing industry, The Woolmark Company has been investing both time and resources in rebuilding the presence ...
Tags: Merino Wool, Textile
Swedish automobile manufacturer Volvo Cars has signed a deal with the Turkish manufacturer Karsan to terminate local assembly of the Renault Trucks for the domestic market by the end of 2013. The ending of the local assembly is expected ...
Tags: Volvo, Renault Trucks
State's support for new environmental initiatives promotes emerging sectors China's investment in renewable energy will bring vast opportunities and challenges for the country's overall development, a senior official said at a recent ...
Tags: renewable energy, Metallurgy, Mineral, Energy
It’s reported that Taigang Stainless, the largest stainless steel producer in China announced to hike its export prices for austenitic stainless steel coil by RMB180/ton, driven by higher domestic prices and improved demand. ...
The demand for imported heavy plate in Turkey still remained weak and it is estimated that the situation would not turn better in a short time. Currently, Ukrainian mills like Alchevsk and LLyich offer US$550/ton CFR for heavy plate ...
Tags: Imported Heavy Plate, Mineral
It’s reported that Baosteel Stainless, one of the major stainless steel producers in China announced to raise its export prices for austenitic stainless steel coils by US$50/ton in order to reflect higher stainless steel prices in the ...
Only 15% of glass containers used in Kazakhstan, is produced domestically. This is today said the managing director of the National Agency for Export and Investment Kaznex Invest Gaziza Shakhanov speaking at a round table on the packaging ...
Tags: Kazakh Glaziers
According to data released by the China Iron and Steel Association (CISA) on August 15, as of the end of July (July 31), the composite steel price index (CSPI) for the Chinese domestic market was at 100.48 points, up 1.96 points or 1.99 ...
Tags: Chinese Steel Prices
It’s reported that China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan announced that its sales volumes of carbon steel products totaled 767,788 tons in July, increasing by 4.3% month on month. Among them, 67% were sold ...
Tags: Carbon Steel
The construction of a new soda ash plant, as agreed by the Governments of Belarus and China will be launched in 2013. Anatoly Nichkasov, Belarus’ Minister of Architecture and Construction, said in a press conference, that the ...
South Korea based vehicle manufacturer Ssangyong Motor has reported sales of 69,460 units in the first half of 2013, an increase of over 22%, compared to the corresponding period of 2012. The company sold 29,286 units in the domestic ...
Tags: vehicle, Ssangyong Motor
After experiencing fast expansion in 2010, the LED display industry went through an integration period. Most companies experienced a period of low gross profit margins, slow increasing revenue, and chaotic competition within the industry. ...
Tags: LED Display Industry, Lighting
It’s reported that ArcelorMittal Temirtau, the largest metallurgical company in Kazakhstan announced that it planned to ship around 30,000 tons of rebar in August, soaring by 13% from a month ago. Among them, 25,000 tons will be ...
Tags: Rebar Shipments
In the week from August 5 to August 11, the scrap indexes maintained their upward movement on the Orbis Steel Index. In the given week, the Turkish rebar index increased for the eighth consecutive week. Meanwhile, the Turkish flat rolled ...
Tags: Mineral, Rebar Index
The situation as regards excess supply in certain areas of the global long steel products market remained the same in July as compared to June, according to the market outlook released by IREPAS, the global association of producers and ...
Tags: Long Steel Market, Mineral