The Rieter Group held its own in 2012 against difficult market conditions worldwide. Order intake for the year as a whole declined by 12% to 839.7 million CHF, although Rieter received more orders in the second half-year than in the first. ...
Tags: Textile, Rieter Group
It’s reported that the major steelmakers in the US, including Nucor, Commercial Metals Company and Gerdau North America recently announced to cut prices for section steel products by US$20/short ton. It’s known that the ...
Tags: Steelmakers, Steel Products
Mohawk Industries, Inc. today announced that it has completed the acquisition of the Marazzi Group for approximately $1.5 billion with a combination of cash and equity giving Mohawk the leading position in worldwide ceramic tile. The ...
Tags: Construction, ceramic tile
In March this year, the purchasing managers’ index (PMI) of China’s steel sector decreased to 44.6 percent, sharply down 14.3 percentage points compared to the previous month, as announced by the China Steel Logistics Committee ...
Tags: Chinese Steel Sector, PMI, Mineral
On March 26, Anhui Province-based Chinese steelmaker Maanshan Iron and Steel (Masteel) announced that in 2012 its operating revenue totaled RMB 74.4 billion ($11.96 billion), down by 14.33 percent year on year, while it recorded a net loss ...
Tags: Masteel, Net Loss, steelmaker
Reportedly, the Chinese steelmaker Hangzhou Steel posted a net loss of RMB379 million for 2012, in comparison of a net profit of RMB299.8 million in a year ago. In 2012, the company realized operating revenue of RMB17.133 billion, slumping ...
Tags: Steel, Metallurgy, Mineral, Energy
Quintain Steel, one of the major wire rod producers in Taiwan, announced to leave its list prices for all its wire rod products unchanged on March 25th. Affected by China Steel Corp. (CSC)’s unchanged price policy, Quintain Steel also ...
Tags: Taiwanese Quintain Steel, Mineral, Wire Rod
The Rieter Group held its own in 2012 against difficult market conditions worldwide. Order intake for the year as a whole declined by 12% to 839.7 million CHF, although Rieter received more orders in the second half-year than in the first. ...
Tags: Textile machinery, Textile, raw material
China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan announced to remain its list prices for electric furnace (EF) Al-killed wire rods unchanged for April. After the announcement, the company's list prices for EF Al-killed wire ...
Tags: Metallurgy, Mineral, Energy, steel
Reportedly, the import price of rebar in Singapore is barely possible to increase due to the unfavorable global economy and falling raw material prices although the local demand on steel products is quite well. Current price of rebar BS4449 ...
Tags: Metallurgy, Mineral, Energy, steel
China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan is going to release its list prices for electric furnace (EF) Al-killed wire rods for April. The Taiwanese screw makers suggested CSC remain the prices unchanged as the ...
Tags: screw makers, carbon steelmaker, steel
Reportedly, the Chinese Shanxi based Taigang Stainless announced to cut its export prices for austenitic coils by US$100/ton in order to reflect lower nickel prices. The official of Taigang Stainless stated that the price cut is mainly ...
Tags: Stainless, Stainless Coil Export, Stainless Coil Export Prices
Indian Steel Authority of India Limited (SAIL) announced to hike the prices of all steel products by INR500/ton for March. The Chairman of SAIL said that it’s reasonable to raise steel prices as the international steel prices are ...
Reportedly, most of the Taiwanese steel pipe makers released its March price policy on March 1st. It’s learned that the steel pipe producers hiked the prices substantially by NT$1,000~NT$1,250/ton averagely for March in order to ...
Tags: steel pipe, Taiwan, steel market
Ugur Dalbeler, chairman of IREPAS, the global association of producers and exporters of long steel products, as well as CEO of Turkish steelmaker Colakoglu Metalurji, has said that in 2013 the main problem in the steel industry will ...
Tags: steel products, steel, steel industry