Tetra Pak's net sales for 2013 were AU$16.4b (€11.1b) - up 3.5% from 2012 in comparable terms. "The combination of strong competition and soft economies in many markets around the globe created a tough business environment for Tetra ...
In 2013, the net loss of Russian steelmaker Ashinskiy Metallurgical Works (Ashinskiy) increased by 10.5 times compared to 2012, rising to RUB 755.5 million ($21.4 million), according to Russian media sources. The reasons for the surge in ...
Tags: Steel, Metallurgy, Mineral
The IATA reports that growth in air freight markets moderated in February, rising 2.9% compared to a year ago, down on the 4.3% increase in January. But combining the first two months of the year shows there has been a solid 3.6% gain in ...
Tags: Air Freight, Service
EFIC has examined the dynamics behind Australia's trade surplus that reached $1.4b in January, its highest level in nearly 2 years. "Export values have surged, driven by increases in rural and resource export volumes. This is despite ...
The European Parliament has announced that about 98 percent of the customs duties that Ukrainian iron, steel, farm produce and machinery exporters pay at EU borders will be removed by a proposal backed by the European Parliament on ...
Tags: Customs Duty, EU
Colombian coal exports in February fell 44% month on month to 4.067 million mt, which was 15.1% higher year on year, data from statistics agency DANE showed. The fall to the the lowest monthly level since March 2013 came amid a ban on ...
Tags: Coal Exports, shipping coal
Low-sulfur crude grades in the North Sea have dropped to more than four-month lows on differentials versus Dated Brent on pressure from competing grades in the Mediterranean. On Tuesday, Norwegian North Sea crude grade Ekofisk hit a ...
Tags: Low-sulfur crude, refinery, crude
Speaking at the SteelOrbis 2014 Spring Conference & 70th IREPAS Meeting in Barcelona, Bhaskar Dutta, CEO of the Omani steel and pipe manufacturer Al Jazeera Steel, stated that rebar consumption in the GCC countries is expected to rise to 12 ...
Tags: Metallurgy, Mineral, Steel
Bread and snack food manufacturer Goodman Fielder has announced it expects its earnings before interest and tax (EBIT) in the 2014 financial year to be approximately 10 to 15 per cent lower than the previously expected $180 million. The ...
Tags: Agriculture, Food
LED pricing declined 5-9% in first-quarter 2014 as distribution channel inventory levels gradually returned to norm and manufacturers stocked up before the China May Day holidays, according to LEDinside. Looking ahead, the firm added that ...
Tags: Ultra HD TV, Lighting Demand, LED 1Q14
Norway-focused iron ore miner Northern Iron said Tuesday concentrate produced at Sydvaranger was being trialed at further sinter plants in Europe, after inaugural cargoes were bought by ArcelorMital and ThyssenKrupp in 2013. Northern Iron ...
Gas contracts on European prompt markets extended last week's losses Monday on reduced demand ahead of the summer season when the market switches to injecting gas into storage facilities, which are at healthy levels. Day-ahead gas price ...
Tags: prompt markets, gas demand, gas Prices
The 3D printing market, including 3D printer sales, materials and associated services, reached US$2.5 billion globally in 2013. Canalys predicts that this will rise to US$3.8 billion in 2014, with the market continuing to experience rapid ...
Tags: 3D Printing, 3D Printer
The ferrous scrap market in eastern China remained quiet this week, keeping in step with the rebar market's trend. Demand from steelmakers has not fully recovered as the finished steel markets have remained sluggish. Media reports that ...
China is unlikely to reclaim its position as a major exporter of molybdenum oxide and ferromolybdenum despite the World Trade Organization ordering the country to remove export taxes and quota controls on the commodities, market sources ...