The global aluminium market is forecast to shift to deficit from surplus this year, HSBC said Monday in its Metals Quarterly report for the second quarter of 2014. "The acceleration of cuts and deferrals in markets outside China has ...
Tags: Aluminium Market, aluminium
A growing economy, pent-up demand, competitive mortgage rates and affordable home prices will keep housing on an upward trajectory through 2015. However, several obstacles including tight consumer credit, shortages of lots and labor and ...
Tags: Construction, Decoration
Spot trade of 226, the main aluminum alloy grade, was slow this week, with consumers wary of higher prices, and partly because of the shorter working week. A number of producers have pushed offers of 226 ingot up to around Eur1,700/mt ...
Tags: Aluminum Alloy, spot market
US natural gas prices will remain in the $4/MMBtu range this year while production growth in Appalachian shales will continue to be feverish, a consultant's new study and Barclays said Thursday. The energy consultants at Arlington, ...
Tags: Natural Gas, natural gas prices
Titan International Inc. posted net income of $2.1 million on net sales of $539 million for the first quarter ended March 31, 2014. That compares to income of more than $19.4 million on sales of $578.4 million for the same period in fiscal ...
Tags: Auto Parts, tyre, tire
Solar photovoltaic (PV) demand from the Middle East and Africa (MEA) region is set to grow 50% on year in 2014. Between 2014-2018, annual PV demand will nearly triple as the MEA region becomes a key market for the global industry, according ...
Speaking on behalf of World Steel Dynamics (WSD) at SteelHome's 10th Steel Development Strategy Conference held recently in Shanghai, Wu Wenzheng, president of SteelHome, said that WSD's global steel output forecast for 2014 is 1.61 billion ...
Tags: Scrap Prices, Steel
The demand for radiation cured products (RCP) is mainly prompted by growing demand for environment friendly applications and the growing wood coatings market. Asia Pacific dominates the global market for radiation cured products. This ...
Tags: Construction, Chemicals
Deckers Outdoor Corp. reported sales increased 11.7 percent in its three-month transition period ended Mar. 31, to $294.7 million, led by a 15.8 percent gain for Ugg. Deckers showed a loss of $2.7 million, or 8 cents a share, better than ...
Tags: Sporting Goods, Outdoor Goods
Accell Group N.V. told its shareholders Thursday that sales and profits improved in the first months of 2014 compared with the same period of 2013 as favorable weather in Europe stimulated sales of its bicycles. "We have seen a positive ...
Tags: sports bikes, bike, Sporting Goods, Recreation
Corn planting remains behind the normal pace, though a weather window may be opening this week to allow farmers to play a little much needed catch-up. As of Sunday, 6% of the nation's crop was planted vs. the usual 14% for this point in ...
Tags: Agriculture, Food
Gas prices on the Dutch and German trading hubs drifted lower Tuesday morning, as bearish weather and supply fundamentals from just before the four-day Easter holiday continued to drive the markets. At midday London time, the day-ahead ...
Tags: gas exports, Gas Prices
State-owned PetroChina has hiked its shale gas production target significantly and now expects to produce 2.6 billion cubic meters/year next year, a senior executive was reported as saying Monday. This is an increase from an earlier ...
Tags: PetroChina, Shale Gas
Honeywell announced its results for the first quarter of 2014. Highlights: -Organic Sales Growth 1%, Up 3% Excluding Defense & Space -EPS Up 6% Year-Over-Year Reported, Up 10% Using Normalized Tax Rate -$0.10 EPS Gain Funding ...
Tags: Honeywell, Organic Sales
Speaking at SteelHome's 10th Steel Development Strategy Conference held in Shanghai over the weekend, Wu Wenzheng from SteelHome indicated that the overcapacity problem in China cannot be resolved in the short term, adding that many steel ...