General Motors has recalled 8,208 units of the Chevrolet Malibu and Buick LaCrosse sedans in North America over an issue with the front brake assembly. All the recalled vehicles belong to the 2014 model year and may have reduced braking ...
Due to China's export potential to Mexico regarding the production of steel wire and the dynamics of the two markets, Mexico's Ministry of Economy (SE) has launched an investigation into the potential impact of unfair trade practices in ...
Adidas AG reported first-quarter profit decreased 34 percent from the prior year, as revenues declined, hit by adverse currency and weakness in the golf unit. Revenue at TaylorMade slumped 38 percent in the first quarter as a result of ...
Tags: Adidas, First-Quarter Profit
GIA announced the release of a comprehensive global report on Defoamers markets. Global market for Defoamers is forecast to reach $3.9 billion by 2020, driven by resurgence in demand from end-use markets, and stringent environmental ...
Tags: Global Market, Defoamers
Drinks Americas, the exclusive United States broker for leading premium authentic Mexican beers currently present in over 34 states, today is excited to announce that Fuddruckers Austin will host its festive Cinco de Mayo celebration ...
Tags: Craft Beer, beers
BRP has announced its plan to reinforce its presence in Mexico with the opening of a new facility in Juárez to expand its Can-Am product offering and meet future demand in off-road segments. The 46,000-m2 (500,000-ft2) facility ...
Tags: BRP, Manufacturing Capacity
Monterrey, Mexico-based PMP Grupo-Planeación, in partnership with India-based Preet Group-PG, announced plans this week to expand into the US and Canada, building mini-mills to process steel scrap. The announcement Monday at the ...
Tags: mini-mills, steel scrap
Pixelligent Technologies, the global manufacturer of PixClear high index materials and nanocrystal dispersions for the solid state lighting and flat panel display industries, announced today that it has joined the Smart Lighting Engineering ...
Global pipe and tube producer Tenaris S.A. has announced its financial results for the first quarter this year, reporting a net profit of $428 million, up one percent year on year. During the given quarter, net sales decreased by four ...
The Board of Innovia Group is pleased to announce that Arle Capital (Arle) has acquired the Group from the Candover 2001 Fund, for an enterprise value of €498 million, with funds raised from a syndicate of new investors. This means ...
Tags: Arle Capital, Innovia Group
Alacero, the Latin American steel association, has reported that in the first quarter of this year finished steel imports from China to Latin America rose by 95 percent year on year to an all-time quarterly record of 1.9 million m metric ...
Tags: Finished Steel, Steel Imports
Chicago Board of Trade May soybean oil futures were down 46 points to 41.42 cents/lb Thursday as weekly data from the US Department of Agriculture showed a significant decline in net export sales. For the reporting week ended April 24, ...
Tags: Soybean Oil, Soybean Oil Futures, net export
The US Department of Commerce (DOC) announced Tuesday its affirmative final determinations in the antidumping duty (AD) investigations of imports of prestressed concrete steel rail tie wire (PC tie wire) from the People’s Republic of ...
Tags: PC tie wire, Dumping
Ternium S.A. reported Wednesday that first-quarter net income increased to $150.0 million from $129.3 million in the previous year. Net sales increased to $2.149 billion from $2.136 billion in the same quarter of 2013, primarily from ...
Tags: iron ore, Steel shipments
The expected growth in global steel demand through 2050 may require a tripling of current seaborne metallurgical coal exports, which may be tough for miners to deliver, according to forecasts delivered Monday by two consultants. An annual ...
Tags: steel demand, steel production