In the Q3 of 2012, the American division revenue declined by 8% to USD 410 million compared to the prior quarter primarily due to lower welded volumes and to a lesser extent price reductions across the welded pipe business. Continued ...
Tags: welded pipe business, pressure from imports, lower welded volumes
According to SpetsStal's estimate, the share of imports in the aggregate consumption of stainless steel in Russia from Jan till Sep 2012 amounted to 64.8%. It is worth reminding that in the equal period of 2011 it equated to 64.7%. The ...
Tags: stainless steel, Russia, steel consumption, steel industry
Cathay Financial Holdings yesterday forecast Taiwan’s gross domestic product (GDP) to rise 3.88% year on year in 2013 while Chung-Hua Institute for Economic Research projected the growth rate at 3.6%, both higher than the estimated ...
Tags: Taiwan, gross domestic product, GDP, 2013
Bloomberg quoted Treasurer Mr Wayne Swan before a government report on gross domestic product this week said that growth in Australia, the world's biggest exporter of iron ore and coal, may have slowed last quarter as commodity prices fell. ...
Tags: iron ore, coal, Australia, resource projects
Indian mills chanced their first rub with market by increasing HRC price by INR 500 to 1000 per tonne after nearly 2 Quarters. Coming at fag end of the year it was pale shadow of the seasonal hike in price and demand in Q2 and Q3. ...
Tags: Indian mills, HRC price, seasonal hike
SemiLEDs has announced its financial results for Q3 of fiscal year 2012, ended May 31, 2012. Revenue for Q3 of fiscal 2012 was $9.2 million, a 64% increase compared to $5.6 million in the same time of fiscal 2011. GAAP net loss ...
Tags: SemiLEDs, Taiwan, financial results, lighting
The Audi Q5 is out to preserve its lead as the nation's favourite luxury SUV with an update that brings improved engines,practicality and value. Audi's mid-sized SUV continues to start from$62,200 for a turbo diesel and from$62,900 for a ...
Tags: Audi Q5, luxury SUV, new car, car industry
Dollar General Corporation reports record third quarter 2012 sales and earnings • Third Quarter Same-Store Sales Increased 4.0%; Total Sales Improved 10.3% • Operating Profit Increased 16% to 9.1% of Sales, a New Third ...
Tags: Dollar General, Q3 sales, earnings, company news
-Increased Order Intake and EBIT profitability expected to return within H2/2012 - - 2013 expected to be a growth year - - AIXTRON's non-LED activities gaining traction - Aachen, Germany, July 26, 2012 – AIXTRON SE (ISIN ...
Tags: LED, AIXTRON, financials, highlights
According to City broker Investec, Afferro Mining remains well funded to pursue its exploration activities in Cameroon. In a note following the release of the explorer's Q3 financials analyst Mr Hunter Hillcoat said that the period was in ...
Tags: Afferro Mining, exploration activities, buy recommendation
Global company engaged in industrial packaging products and services Greif has reported a decline in third quarter 2012 net sales of $1.10bn compared to $1.12bn for the same period in 2011. The US-based company's gross profit also ...
Tags: Greif, third quarter, net sales, 2012
Philips reports third-quarter comparable sales growth of 5% to EUR 6.1 billion; EBITA of EUR 450 million • Comparable sales up 5%, with all three sectors contributing to growth • Sales in growth geographies up 10% on a ...
Tags: LED, Philips, Q3 financials, healthcare
Reuters reported that Sudan's new gold refinery has built up a daily production capacity of 900 kilograms. Sudan is boosting its production of gold and other minerals to tap new sources for foreign currency after losing Q3 of its oil ...
Tags: gold refinery, oil output, refinery
India Infoline reported that the US production of Aluminium declined to 202000 tonnes in the Q3 ending September 2012. The production of Aluminium was marginally lower compared to 216000 tonnes in Q2 this year. United States Geological ...
Tags: aluminium production, LME, India Infoline
IRIS reported that Broking firm Kotak Commodity Services gave following outlook on base metals segments: Copper - MCX Copper may trade under pressure amid stronger Indian rupee and rangebound movement in international market. LME Copper ...
Tags: base metals, international market, rangebound movement