The price spread between Asian styrene monomer and petrochemical feedstock naphtha hit an eight-year high of $819.90/mt Wednesday on short covering amid low spot inventory in China, Platts data showed. SM prices jumped $10.50/mt day on ...
Tags: Chemicals, petrochemical, styrene monomer
The S&P/ASX200 has closed down 2 per cent at 5062.4, as slower Chinese manufacturing activity in May combined with signs that the US Federal Reserve could start rolling back its bond-buying program to send the local sharemarket to its ...
The Chinese Ministry of Commerce has approved the previously announced agreement of Heinz takeover by an investment consortium comprised of Berkshire Hathaway and 3G Capital. The transaction, which remains subject to certain customary ...
Tags: Heinz, 3G Capital
The Canadian International Trade Tribunal announced on May 23 that it has initiated a preliminary inquiry into the alleged dumping of circular copper tube from Brazil, Greece, China, South Korea and Mexico. The inquiry followed a ...
Tags: Dumping, Copper Tube
Revenues for South Korea-based LED firms have been rising due to the introduction of affordable LED direct-type TVs and lighting products since 2012. Digitimes Research expects strong performance from Korea LED firms in 2013. Digitimes ...
Tags: Seoul Semiconductor, Semiconductor
Five unions representing Australian coal terminal employees have called for an eight-hour strike Friday at the Port Waratah Coal Services export facility, a company spokesman said Tuesday. The strike is expected to start at 6:30 a.m. ...
Tags: Coal Terminal, Chemicals
Northeast Asian PET producers on Wednesday expressed concern about rising competition from Southeast Asian producers in the European market, after the EU Council removed antidumping duties on PET imports from five Asian nations. On ...
Tags: Dumping Duties, Pet Producers
Elmsford, NY, May 15, 2013 — Magnetic Analysis Corporation, a leader in nondestructive testing, is celebrating 85 years of designing and supplying innovative inspection instruments and systems for metal manufacturers throughout the ...
Tags: Industrial Equipment, Magnetic, Anniversary
According to the World Steel Association (worldsteel), in April this year the crude steel output of 63 countries surveyed across the globe reached 132.1 million mt, increasing by 1.2 percent on year-on-year basis and down 2.1 percent ...
Tags: Crude Steel Output, Metallurgy
Due to the slack demand from the South Korean pipe-making industry, with no sign that Chinese domestic hot rolled coil (HRC) price stopped falling, Chinese HRC export to South Korea is facing a hard time. Currently, Chinese HRC ...
Striking a deal with a business partner in China would be “welcome news” for Tesco, according to City analyst Shore Capital. Finding a business partner in China would be 'welcome news' for Tesco, said Shore Capital ...
Tags: China, Tesco, Business Partner
The European Union (EU) plans to announce the details of its anti-subsidy tariff against China-based solar firms on June 6, 2013. The tariff is expected to be 30-67.9% with the average as high as 47.6%. The anti-dumping tariff rate will be ...
Tags: Solar Trade Tariffs, Lights
Thailand’s textile and apparel exports for January to March period have increased marginally by 1.1 percent from US$ 1.82 billion in 2012 to US$ 1.84 billion in 2013, according to a report by the Thai Garment Manufacturers Association ...
While Samsung continues to buy the majority of its components from its own subsidiaries, such as Samsung Display, increasingly it is looking elsewhere for parts such as screens, sensors and chips. Inevitably this means that the South Korean ...
According to a report released by Latin American steel association Alacero, imports of steel products including long and flat products and seamless tubes to Latin America from China totaled 952,000 metric tons in the first quarter of this ...
Tags: Latin American Steel, Mineral