International automotive supplier Continental celebrated in the end of March the 8,200 square meter expansion of its manufacturing facility located in Fletcher, North Carolina, USA. The 35 million US-Dollar investment added production and ...
Tags: Continental, Parking Brake, Electric Brake
Global copper supply is expected to remain in surplus in 2014 and continue to exert downward pressure on prices, Australia's Bureau of Resources and Energy Economics forecast in its March quarter report. "Although consumption is forecast ...
Tags: Copper, copper supply, Copper prices
The exports of garments from Thailand are expected to touch US$ 7.8 billion in 2014, due to signs of global economic recovery, especially in the EU countries, Mrs. Duangkamol Jiambutr, Deputy Director-General of the Department of ...
Tags: Garment Exports, apparel exports, Apparel
There is uneasiness that, following the release of China’s cotton policy, there will be pressure from Chinese buyers on Indian spinners to further reduce prices. In recent months, Chinese buyers have already lowered yarn buying ...
Seaborne prices at China's southern ports searched for direction in thin Asia trade Monday as currency and freight issues for the most part precluded deals in the CFR South China market, said traders. The Platts/Fenwei CFR South China ...
Tags: Thermal Coal, China market, weaker currency
The Government should work to protect the interest of the textile export sector, which has been sharply hit by sudden appreciation in value of Pakistani rupee against US dollar over the past few months, All Pakistan Textile Mills ...
Tags: textile, raw material, Government
China imported 379,000 mt refined copper in February, down 29% from January but up 27% from February 2013, General Administration of Customs data released Monday showed. Industry analysts Tuesday attributed the month-on-month fall to ...
According to a report released Monday by Statistics Canada, the Canadian Industrial Product Price Index (IPPI) rose 1.4 percent in January, after advancing 0.6 percent in December. This was the third consecutive increase and the largest ...
Tags: Raw Material, Industrial Material
France-based pipe manufacturer Vallourec has announced its financial results for the fourth quarter and the full year of 2013, while also stating that for 2014 it expects a stable to moderate increase in sales and EBITDA. According to ...
Tags: Mineral, Vallourec's sales
Australian iron ore development company BC Iron has announced its fiscal results for the first half ending December 31 of the financial year 2013-14, posting a net profit of A$70.3 million, significantly increasing compared to A$7.7 million ...
All three nearby futures contracts closed higher for the third consecutive week. Strong export demand and concerns about cold, dry conditions in the U.S. Plains pushed futures to a two-month high on Wednesday. Profit taking efforts led to ...
Tags: Wheat Price, Food
In January this year, Turkey's crude steel output decreased by 0.9 percent year on year and declined by 2.4 percent month on month to 2.83 million metric tons, according to the Turkish Iron and Steel Producers' Association (TCUD). Turkish ...
Tags: Crude Steel Output, Mineral
The Ifo Indicator for the world economic climate continued to rise. Assessments of the current economic situation were more positive than three months ago. The six-month economic outlook remains bright. The world economy is expected to gain ...
Tags: Service
Continued pressure from ample global wheat supplies pushed all three futures markets lower this week. Increased export demand and threats of winterkill lent some support midweek. CBOT March wheat dropped 10 cents to $5.56/bu. KCBT fell 12 ...
Tags: Wheat
Russia's gasoline and naphtha exports rose in January, as the cheaper ruble versus the US dollar made export netbacks more attractive, trading sources said. According to Energy Ministry figures, 384,370 mt of gasoline were exported in ...