International credit rating agency Moody's has announced that the outlook for the European steel industry will remain stable until 2015, despite anticipated capacity utilization and profitability improvements. According to Moody's report, ...
Tags: steel industry, Moody's
In August this year, Turkey's motor vehicle output totaled 57,278 units, up 21 percent year on year and down 42 percent compared to July, according to the monthly statistics released by the Turkish Automotive Manufacturers' Association ...
Tags: Motor Vehicle, Vehicle, Transporta
New orders to U.S. production plants soared a record 10.5 percent in July on a 74 percent bookings spike in the volatile transportation sector. The somewhat misleading double-digit gain was propelled by an eye-popping 317.3 percent surge in ...
Tags: Industrial Equipment, Hardware
In August this year, the capacity utilization rate in the Turkish basic metal manufacturing industry was 76 percent, up from 74.6 percent recorded in July, while the capacity utilization rate in the Turkish basic metal manufacturing ...
Tags: Capacity Utilization Rate, Rise, Metallurgy
Russian steel giant Magnitogorsk Iron and Steel Works (MMK) has announced that its Turkey-based subsidiary MMK Metalurji registered a quarter-on-quarter growth of 26.7 percent in its sales revenues in the second quarter of the current year, ...
Tags: MMK, Growth, Metallurgy
On August 19, the US Department of Commerce announced it had revised the preliminary anti-dumping duty on solar products produced by Motech Industries in Taiwan, causing Motech’s tariff rate to drop from 44.18%, the highest among ...
Tags: PV, Anti-Dumping Duty, Solar Cell
Global crude steel production in June this year increased by 1.7 percent year on year to 136.82 million metric tons, while a 0.2 percent decline was observed on month-on-month basis, according to the World Steel Association (worldsteel). In ...
Taiwan's leading machine-tool makers remained profitable in the first half (H1), 2014 despite the revaluation of the new New Taiwan dollar against the U.S. dollar, which seriously compromised gains from foreign exchange in H1. Industry ...
Tags: Machine Tool, motivate machinery, Machinery
UAE-based steelmaker Emirates Steel has announced that it is now focusing on high-margin, high-strength value-added products amid better demand prospects and mega expansion plans in the pipeline within the Middle East region. Emirates ...
Tags: Emirates Steel, products, Mineral
Global crude steel production in June this year increased by 3.1 percent year on year to 137.122 million metric tons, while a 2.88 percent decline was observed on month-on-month basis, according to the World Steel Association (worldsteel). ...
Tags: Global, crude steel, Metallurgy, Mineral
Australia's Antidumping Commission has announced that it has initiated an antidumping (AD) duty investigation regarding the imports of certain hollow structural sections from Thailand. The application lodged by Australia-based Austube ...
Tags: Australia, antidump, Metallurgy, Mineral
Global credit rating agency Standard & Poor's Ratings Services has announced that it has revised the outlook on India-based steelmaker Tata Steel to stable from negative, while affirming its 'BB' long-term corporate credit rating on Tata ...
Tags: Tata, improve, Metallurgy, Mineral
Swedish specialty steel producer SSAB has posted its financial results for the first half of the current year, reporting a net profit of SEK 86 million ($12.6 million), compared to a net loss of SEK 281 million in the corresponding period ...
Russian steel giant Magnitogorsk Iron and Steel Works (MMK) has announced that its Turkey-based subsidiary MMK Metalurji's finished steel output decreased by 3.5 percent year on year to 334,000 mt in the first half of this year. In the ...
Tags: MMK Metalurji's Finished Steel Output, Decreased, Russian
In July this year, the capacity utilization rate in the Turkish basic metal manufacturing industry was 74.6 percent, down from 75.0 percent recorded in June, while the capacity utilization rate in the Turkish basic metal manufacturing ...
Tags: capacity utilization rate, down, Turkish