Lydall, Inc. announced financial results for the fourth quarter and year ended December 31, 2012. Fourth Quarter 2012 (“Q4 2012”) compared to Fourth Quarter 2011 (“Q4 2011”) Net sales were $90.5 million, ...
Tags: Lydall, financial results, 2012
Thelocal sharemarket fell sharply yesterday as an indecisive national election in Italy raised the prospect of another sell-off in European bond markets that could rekindle the continent's debt crisis. Italy was headed for a political ...
Tags: debt crisis, economy
Sims Metal Management reported that for the second half of 2012 (first half of fiscal 2013), revenues totaled $3.4 billion, a 25 percent decrease, primarily due to a reduction of intake and shipments in North America. Over the period, Sims ...
Tags: Metal Management, Metal, Metal Industry
Honda has announced it is developing a new technology that allows steel and aluminium to be joined in a process that will see vehicle weight reduced. First used to join a new aluminium outer door panel – conventionally made of steel ...
Tags: Honda, Weight-Saving Joining Technology, vehicle weight
Australia's three major iron ore ports were shut down on Monday, February 25, as the tropical cyclone Rusty was closing in on the coast of Western Australia, according to media reports. With rough sea conditions forcing suspension of ship ...
Tags: iron ore ports, iron ore, iron, ore
According to the latest data released by the Brazilian Institute of Non-ferrous Metals (ICZ), the country's nickel production reached 6,212 mt in January this year, rising 13.9 percent compared to January 2012 and up 8.8 percent compared to ...
Tags: nickel production, Brazil, nickel output
Russel Metals Inc, one of the largest metals distribution company in North America, announced that the appointment of new Vice President and Chief Operating officer be Mr John G Reid. Mr John initially started with JMS Metals Sercies Inc in ...
According to the Metal Industry Indicators report released by the US Geological Survey (USGS), the US economic recovery has supported domestic primary metals industry activity with modest metals demand from the manufacturing and ...
Tags: metals, Metal Industry, steel
Metals service center Olympic Steel announced Thursday financial results for Q4 2012 and for the full year 2012. Net sales for the Q4 totaled $291.7 million, an 8.8 percent decrease from the Q4 record of $319.9 million reported in last ...
Tags: Olympic Steel, Steel, sales
The benchmark S&P/ASX 200 has closed down 2.3 per cent at 4980.1, its biggest fall in nine months. More than $36 billion was wiped from the value of Australian shares in the market's largest one-day decline since May 18, pulling back from ...
Tags: Stocks, benchmark, Australian shares
The sharemarket recorded its biggest one-day fall for nine months after minutes from the US Federal Reserve's recent policy-setting meeting revealed unease about the bank's stimulus efforts. The benchmark S&P/ASX 200 closed down 2.3 per ...
Tags: Stocks, sharemarket, share
Australian iron ore miner Fortescue Metals Group has announced its financial results for the half year ended on December 31 of the 2012-13 financial year. In the given period, Fortescue's net profit decreased by 40 percent year on year to ...
Tags: net profit, iron ore prices, iron ore miner
Banks, property trusts, consumer staples and energy companies pushed the sharemarket to its highest close since September 2008, as investors digested earnings reports while awaiting the overnight release of minutes from the US Federal ...
Tags: Banks, property trusts, consumer staples, energy companies
The sharemarket has closed at a fresh four-year high as gains by financial stocks offset falls by the big miners. At close today, the benchmark S&P/ASX 200 index had risen 16.8 points, or 0.33 per cent, to 5098.7 points, while the broader ...
Tags: sharemarket, financial stocks, big miners
As reported by Germany's Federal Statistical Office (Destatis), in January this year the producer prices of industrial products in Germany rose by 0.8 percent compared to December last year and were up 1.7 percent compared to January 2012, ...