Brazil-based steel producer Gerdau SA has reported its financial results for the second quarter and the first half of the current year. In the second quarter, the net profit of the company was R$401 million ($104.4 million), down 27 ...
Tags: Net Profit, Mineral
Italian hollow glass processing machines continue to enjoy enormous international popularity, with especially positive results in 2012, which will likely be repeated in 2013. Bottles and glass tableware are doing well, with a few ...
Tags: Hollow Glass, Glass, Construction
During the second quarter of 2013, new orders for textile machinery, as elaborated by ACIMIT’s economics and press department, showed signs of growth compared to the same period for 2012 (+12%). The absolute index stood at 92.2 points ...
Tags: Textile Machinery, Apparel
Brazilian steelmaker Usiminas said it may not raise the steel price again in the short term after it lifted up prices twice this year. The company will adjust the price by following the change in the international market. The company ...
Tags: Usiminas, Flats Prices
Korean steelmaker Dongbu Steel’s sales of cold rolled (CR) steel products totaled 192,000 tons in June, falling by 3.6% from a month ago but rising by 2.9% year on year. Among them, 105,200 tons were made to domestic market, ...
Tags: Dongbu Steel, Mineral
Cotton cultivation in Latin American country of Colombia has deteriorated due to the decreasing demand from both the domestic and global textile industry as well as lack of sophisticated pest management program. According to the ...
Tags: Cotton, Farming Deteriorates
It is reported that ArcelorMittal is forecasting growth of between 9%~10% annually in the Chinese auto steel demand. The general manager of ArcelorMittal is quoted saying demand for auto sheet in China reached 13 million~14 million ...
Tags: Auto Steel Demand, Mineral
Reportedly, the stainless steel prices have dipped to 4-year low at end of June, caused by falling nickel prices. It’s learned that Taigang Stainless, the largest stainless producer in China has cut its ex-work prices of 304 ...
Tags: Stainless Steel, Mineral
After a temporary weakening following the price reaction in New York caused by economic news last week, the quotations of the CIF Bremen Index stabilized again to the former sideway trend. At the domestic market most of the inquiries from ...
Tags: CIF Bremen Index, Textile
In the week from July 15 to July 21, the Turkish scrap index moved upwards on the Orbis Steel Index while the US (East Coast) HMS I/II scrap export index maintained its sideways movement. In the given week, the Turkish rebar index continued ...
Tags: Turkish Scrap, Mineral
A strong presence from overseas and Chinese exhibitors awaits visitors to Intertextile Shanghai Apparel Fabrics this October. An estimated 3,500-plus exhibitors from 31 countries and regions will display their latest fabrics and ...
Tags: Apparel, Shanghai Apparel Fabrics
MANGO, Spain's most international fashion brand, is putting its MANGO KIDS collection on sale tomorrow at the brand's online store. The collection will also be available at selected stores from early August. The new line of children's ...
Tags: Apparel, Accessories, children's clothing
Steels know the parameters of the project announced in the spring of "Voronezhmedsteklo" for the construction of the Voronezh region in a full production cycle for the production of glass of the first hydrolytic class for the pharmaceutical ...
Tags: "Voronezhmedsteklo, Production
Egypt's EZZ Steel exported big percentage of rebar before 2007, but adjusted the long product sales to mainly on domestic market contributed to local strong demand. In 2012, export accounted only 3% of its long products but now they would ...
Tags: Steel, Construction
In response to developments in China's support policy, the current USDA estimate for 2012/13 is now dramatically different from the initial forecast published in May 2012. Consumption estimates for 2011/12 were lowered, resulting in ...