It's reported that the majority of the steel mills in China posted lower profits in steel production in 2012, suffered by high raw material cost, weak market demand and oversupply problem. As results, the profit of steelmakers in Hebei ...
Tags: Steel, Steel Mills
The Greater China LED industry went through consolidation in 2012 and many tier-two and tier-three firms exited the market due to continuous net losses. The effects of the consolidations will show in 2013. Since newcomers in China ...
Tags: LED Consolidations, 2012, Effects, 2013
Jan. 17, United States Federal Space Agency announced temporary grounding of Boeing 787 "Dream" aircrafts due to consecutive security incidents. Jan. 16th, a Boeing 787 of All Nippon Airways leaked smoke in flight and landed emergently in ...
Tags: Boeing 787, Dream, grounding, security
China Steel Corp. (CSC), the largest carbon steel maker in Taiwan is going to release its price policy for steel wires and bars for March. Industry sources expected that CSC would hike its prices for steel wires and bars for March ...
Tags: steel wires, Steel Corp, carbon steel maker
Inflation in the UK held at 2.7 per cent for the third consecutive month in December, in line with forecasts, as a result of a rise in gas and electricity bills. Indeed, figures compiled by the Office for National Statistics found that ...
Tags: Inflation, UK, gas, electricity
Berlin Packaging, a US-based supplier of plastic, glass, metal containers and closures has managed a double-digit year-over-year growth in both sales and earnings and revenues close to $800m. According to the company, it continued to ...
Tags: Berlin Packaging, US, plastic, glass, metal containers, closures
Howard P. Lewis, the Illuminating Engineering Society of North America’s (IES’) representative to the National Lighting Bureau, has been elected to an unprecedented fourth consecutive term as Bureau chair. The National Lighting ...
2013 got off to a spectacular start for Star Events Group (SEGL) with the event engineering and seating specialist providing stages and structures to three of the UK's leading New Year celebrations. Edinburgh's Hogmanay - celebrating the ...
Tags: 2013, Star Events Group, SEGL
Global food commodity prices dropped back in 2012, with dairy and sugar showing the sharpest declines, new figures from the United Nations' Food & Agriculture Organisation show. Despite ongoing concerns around rising food prices, the UN ...
Tags: food commodity prices, 2012, FAO
SAP has released its preliminary Q4 figures, with the enterprise software corporation missing forecasts for operating profits, despite delivering record revenues. The German firm reported total revenue from October through to December ...
Tags: SAP, operating profits, software
Japan credit exchange issued a bankruptcy situation report of the national textile enterprises in Japan in 2012. The report showed that the number of textile enterprises in bankruptcy was about 480, a decrease of 5.7% (29) compared with the ...
Tags: textile enterprise debt, debt, bankruptcy
Feng Hsin, one of the major steel long produce makers in Taiwan announced to leave its rebar list prices unchanged at NT$19,200/ton for this year after increasing the prices for consecutive four weeks. Also, the company remained its scrap ...
In the week from January 7 to January 13, on the Orbis Steel Index the scrap indexes moved upwards, with the Turkish scrap index rising for the fourth consecutive week. In the given week, the Turkish rebar index maintained its upward ...
As of January 11, inventory of the main finished steel products (plate, hot rolled coil (HRC), cold rolled coil (CRC), rebar and wire rod) in major steel markets in China totaled 14.017 million mt, up 388,000 mt compared to the previous ...
Tags: steel inventory, steel products, steel
The Volkswagen Polo R WRC car will make its World Rally Championship (WRC) debut at round one of the 2013 season in France at the Rallye Monte-Carlo marking the German brand’s first ever foray into the FIA series. With two ...