Ukrainian mining and steel producing group Metinvest was forced to cut production volumes, due to the complicated situation in the market, SteelOrbis has heard. Metinvest will slow down all new orders and focus on fulfillment of earlier ...
Tags: Metallurgy, Mineral, Energy, Steel
US manufacturing expanded for the 14th straight month in July in a good sign for the overall economy. The Institute for Supply Management, a trade group of purchasing managers, reported Friday that its manufacturing index rose to 57.1, ...
Activity in China's vast factory sector expanded at the fastest pace in 27 months in July on stronger demand, a government survey showed, adding to evidence that the economy is regaining momentum after a burst of government stimulus ...
Economic activity in the manufacturing sector expanded in June for the 13th consecutive month, and the overall economy grew for the 61st consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On ...
Tags: Electrical, Electronics
In Sweden, industrial production decreased by 3.2 percent in May this year compared to April and by 2.2 percent year on year in working day-adjusted figures, according to Statistics Sweden (SCB). On the other hand, the production index ...
Tags: Metallurgy, Mineral, Energy, Metal
Swiss supplier of beer brands Feldschlosschen Beverages Group has introduced an end-to-end Machine-to-Machine (M2M) technology from the Swisscom M2M Centre of Competence. Feldschlosschen is employing M2M technology at over 300 of its ...
SSAB Americas announced price increases for as-rolled plate, cut-to-length plate and hot-rolled coils by a minimum of $30/st and a minimum increase of $50/st for normalized, quenched and tempered plate, according to a letter sent to ...
Tags: Steel Plate, SSAB Americas
Delta Electronics is expanding its PV business by acquiring a plot of land in Japan to build a solar power-generation station, company chairman Yancey Hai has revealed. The Japan project marks the Taiwan-based firm's diversification from ...
The Boeing Co. has raced out to a lead over Airbus in commercial aircraft orders during the first five months of 2014, having nearly doubled its rival's order total so far. Boeing (NYSE: BA) reports a total of 394 net orders through June ...
Tags: aircraft, Transportation
In Sweden, industrial production increased by three percent in April this year compared to March and by 0.6 percent year on year in working day-adjusted figures, according to Statistics Sweden (SCB). On the other hand, the production ...
Tags: Basic Metal, industrial production
In May this year, the purchasing managers index (PMI) for the Chinese steel sector stood at 46.4 percent, down by 6.2 percentage points as compared to April, falling below 50 percent again, as announced by the China Steel Logistics ...
Tags: Steel Sector
As reported by the German Federal Statistical Office (Destatis), in March this year the total price-adjusted value of new orders in the overall German construction industry rose by 5.6 percent year on year, with a 9.2 percent increase in ...
In May this year, the China HSBC Flash Manufacturing Purchasing Managers Index (PMI) increased to 49.7, the highest level of the past five months, up from April's final reading of 48.1, as announced by the HSBC on May 22. In particular, in ...
Tags: Flash Manufacturing PMI
German PVC producer Vestolit expects European polyvinyl chloride (PVC) demand to grow at a pace of 2-3% a year, following years of contraction, amid a revival in the construction sector, company CEO Michael Trager said Monday. Over 60% of ...
Tags: PVC Demand, economic crisis
The North American net new aluminum mill order index rose 0.32% in April compared with March, according to the Aluminum Association. New mill orders increased 0.02% compared with April 2013, but the year-to-date index slipped 1.16%, the ...
Tags: aluminum, aluminum mill