Asahi Kasei Chemicals' US-based subsidiary Asahi Kasei Plastics North America will open a new production facility with an investment of about $30m at the Elm Industrial Park in Limestone County, Alabama. The new facility, which represents ...
Tags: Plastics Facility, Automotives
The price of gold weakened on Monday after data showed a crimping of demand from top importer China. On the Comex division of the New York Mercantile Exchange, gold futures for June delivery fell through the psychologically important ...
Tags: Gold Price, Housing Market
Minnesota Congressman Rick Nolan announced Thursday a legislative initiative to require that 100 percent of new pipelines in the US are made with US-produced steel. Currently, the 100 percent steel requirement (also known as the ...
Tags: pipelines, US-produced steel
Steel Dynamics, Inc. announced Wednesday first quarter net income of $39 million, or $0.17 per diluted share, on net sales of $1.8 billion. By comparison, prior year first quarter net income was $48 million, or $0.21 per diluted share, on ...
Tags: Steel Dynamics, Midwest steel
The World Steel Association (worldsteel) expects apparent steel consumption in the US to deliver a return to growth and recovery in 2014-2015, after a decrease of 0.6 percent in 2013, according to its short range outlook. Worldsteel ...
Gold is lacking direction ahead of key US employment data due Friday, with mixed views on physical demand. ANZ said in a gold report that "the $100/oz decline in gold over the past two weeks was largely the unwinding of the 'safehaven' ...
Tags: Service, employment data, Economy
In afternoon New York trade on Thursday May copper changed hands at $2.936 a pound, erasing all of yesterday's strong gains. Earlier in the day the red metal fell as low as $2.913, down more than 2%, after Federal Reserve Chair Janet ...
Tags: copper, red metal, copper price
The US economy will be slightly stronger this year than last, but freight growth will weaken. That’s the prediction of industry forecaster FTR, which today held a Webinar entitled State of Freight: Trucking Outlook for an Uncertain ...
Tags: truck pricing, Transportation
It is indeed becoming curiouser and curiouser (to quote Alice in Wonderland) that this discussion should focus so one-sidedly on our lowly alfalfa crop. Even the National Geographic article implies that the quantity of 'water' exported with ...
Tags: Fresh lettuce, spinach, onions, broccoli and cauliflower
The United States imported textiles and apparel worth US$ 104.724 billion in 2013, registering an increase of 3.76 percent over imports of $100.931 billion made in 2012, according to the latest Major Shippers Report, released by the U.S. ...
Tags: Textile, Apparel Imports
Steel Dynamics, Inc. announced Tuesday fourth quarter net income of $55 million, or $0.24 per diluted share, on net sales of $1.9 billion. By comparison, prior year fourth quarter net income was $61 million, or $0.27 per diluted share, on ...
As China's economy increase slows, the United States' demand growth for oil outstripped China's last year for the first time since 1999, according to the Paris-based International Energy Agency. According to an IEA report, US oil demand ...
Tags: Oil Demand, Mineral
The European Commission wants EU member states to accept common environment and health rules if they use controversial 'fracking' to develop shale gas resources. A document prepared for the Commission's 2030 Energy and Climate Package due ...
NYMEX February crude settled 87 cents lower at $98.42/barrel Tuesday in low volume, pre-New Year's holiday trade, with the rest of the complex mixed. ICE February Brent settled 41 cents lower at $110.80/b. In products, NYMEX January ULSD ...
Tags: petroleum markets, Mineral
US crude oil production will come close to its record high by 2016 as the energy boom continues to reshape the US economy, the US Energy Information Administration (EIA) said Monday in a new report. Domestic crude oil production will grow ...