Demand is stable, prices are decent, and struggling end-use sectors seem to be on the rebound, yet the US long product market remains relatively stagnant. Speakers at SteelOrbis' annual Rebar & Wire Rod Conference in Las Vegas on February 4 ...
Tags: Rebar, Wire Rod, Colakoglu Steel
Whilst UK GDP growth stalled in the last quarter of 2012, we have a record high in the number of jobs and ultra-low interest rates…hence we're not witnessing the huge job losses and brutal levels of home repossessions that the ...
Following disappointing jobs report and the news earlier this week that US fragile economic recovery has come to a virtual halt, it is imperative that the White House and Congress immediately make economic growth and job creation their top ...
Tags: retail jobs, NRF, Textile Industry
By John Lee. The United Nations’ Joint Analysis Policy Unit (JAPU) has issued a background paper on Iraq’s budget for 2013. The Government expenditure for 2013 totals IQD 138.4 Trillion ($ 118.3 Billion), with an increase of ...
Tags: United Nations, Iraq's budget, Iraq economy
The Australian dollar fell following news the US economy contracted in the final three months of 2012. At 6.30am AEDT the currency was trading at 104.26 US cents, down from 104.73 US cents at yesterday’s local close. The currency ...
Tags: Australian dollar, US economy, currency
The National Retail Federation released its 2013 economic forecast today, projecting retail industry sales (which exclude automobiles, gas stations, and restaurants) will increase 3.4 percent, slightly less than the preliminary 4.2 percent ...
Tags: NRF, US Retail Sales, 2013
Given the fact that retail sales and consumer spending represent roughly two-thirds of total economic activity in the United States, it is fairly east to surmise that the current numbers are not where they need to be to lift economic growth ...
Tags: NRF, Lower Retail Sales, 2013
It's reported that Brazilian steelmakers' intention to hike domestic steel prices is being considered possible but is anticipated difficult and questionable. According to UK bank HSBC analyst Mr. Jonathan Brandit that there ...
Tags: Brazil, steel, steel prices
Anticipating a three percent rise in the nation’s GDP, Brazil’s textile and garment industry is expecting a two percent rise in its production during the current year. Talking to media, President of the Brazilian Textile ...
The National Retail Federation urged the House to approve legislation that would put the federal debt ceiling on hold until mid-May. “This move will give Congress the time it needs to deal with the debt ceiling in a thoughtful and ...
Tags: NRF, US Govt, fiscal policy
In his second inaugural address, President Barack Obama on Monday argued with certainty and forcefulness about the dangers of climate change and the role of technology in fighting it. It wasn't just a moral point for Obama, but a jobs ...
In 2011, the United States became the world’s largest producer of natural gas, growing by 7.7% between 2010 and 2011. That represented the largest volumetric increase in the world, according to BP’s Statistical Review of World ...
Tags: natural gas, Natural Resource, gas industry
According to the related information, the preliminary accounting results of GDP in 2012 are as follows: Preliminary Accounting Results of GDP in 2012 The Q/Q Growth Rate on GDP Annotations: Quarterly GDP Accounting ...
Tags: GDP, Gross Domestic Product, final products
THE Australian dollar is lower following a quiet day of trading. At 5pm AEDT, the Australian dollar was at 105.11 US cents, down from 105.23 US cents on Friday afternoon. OzForex head of corporate dealing Jim Vrondas said the currency ...
Tags: Australian dollar, Australia, currency
In the year of 2012, in face of the increasingly complicated and severe international situation and arduous tasks of domestic reform, development and stability, the Central Party Committee and the State Council took scientific development ...