PTI reported that Hyundai Motor India Ltd 2.48 % fall in total sales at 47,833 units in December 2012. HMIL in a statement said that the company had sold 49,050 units in the corresponding month previous year. In the domestic market, the ...
Tags: Hyundai Motor India, total sales, December, 2012, cars
In December this year, the purchasing managers’ index (PMI) of China’s steel sector rose to 55.5 percent, up 6.3 percentage points compared to the previous month, as announced by the China Steel Logistics Committee (CSLC) which ...
Tags: PMI, China, steel sector, CSLC, CFLP
The aluminium scrap and recycling market in the GCC was estimated at 292,281 metric tonnes in 2010 and is expected to reach 593,434 metric tonnes in 2017 at a compound annual growth rate of 10.6%. The aluminium recycling market is at a ...
Tags: aluminium scrap, aluminium scrap recycling market, aluminium, metal
TEX cited a source as saying that that there is a feeling of bottoming out in prices of steel plates for general use in the Asian region. Some mill that got an order at below USD 500 CFR in October/December appeared, which dropped to the ...
Tags: Steel plates prices, Steel plates, general use plates, Iron, Steel
The aluminium recycling market is at a nascent stage in the GCC, as it is predominantly an export driven market; but it is growing. According to Frost & Sullivan, the aluminium scrap and recycling market in the GCC was estimated at ...
Tags: Nascent Aluminium Recycling, aluminium recycling market, aluminium
PTI reported that US car maker Ford has registered a 42.2% growth in its total sales in December 2012 to 10,899 units from 7,663 units in the same month of 2011. A company statement said that in the domestic market, it sold 6,517 units ...
Tags: Ford, car, sales, car industry
SteelOrbis talked with Israeli scrap supplier Arbel Steel's managing director Izak Istrik about the Israeli scrap and steel markets at the recent SteelOrbis Spring'12 Conference and 66th IREPAS Meeting held in London. Can you give us an ...
Tags: steel demand, Israel, domestic scrap, market
Bloomberg reported that antitrust body fined POSCO, Hyundai Hysco Co and five other South Korean steelmakers were fined a combined KRW 291.7 billion (USD 273 million) for fixing the price of some products. The Fair Trade Commission ...
Tags: antitrust body, POSCO, Hyundai Hysco Co, fine, price fixing
Tycoons Group one of the major wire and fastener manufactures in both Taiwan and Thailand market said that its loss after tax in the first three quarters of 2012 were NTD 275 million, affected by the market demand was weak. In the first ...
Tags: Tycoons Group, wire, fastener manufactures, Taiwan, Thailand
A top government official said that the work on the BHD 24.2 million Mina Salman Interchange project has reached 47% and is expected to be opened for traffic in November next year. Mr Essam Khalaf, Works Minister said that “The ...
Tags: Mina Salman Interchange, infrastructure project, transport
It is reported that HRC 2 mm thickness experienced around IRR 4.6 million per tonne rise during week 52. Main reasons behind the rise are lower import level and higher ex rate. Other sizes of HRC were in the same trend as import level has ...
Tags: Iran, Steel Market, Week 52, Flat Products
Indonesian state steelmaker Krakatau Steel on Wednesday signed a joint venture agreement with Japanese company Nippon Steel & Sumitomo Metal Corporation to build a steel plant that will supply the domestic automotive industry. The joint ...
Tags: Krakatau Steel, Auto Industry
In the week from December 24 to December 30, on the Orbis Steel Index the scrap indexes continued to increase. In the given week, the Turkish rebar index maintained its upward movement. The Turkish HDG index continued to move sideways, ...
Tags: Orbis Steel Index, scrap indexes, Turkish rebar index, Turkish HDG index
According to the statistics provided by Brazil's National Union of the Industry of Extraction of Iron and Base Metals in October this year Brazil's iron ore exports amounted to 26.9 million metric tonne,rising by 22.5%YoY and up three ...
It is reported that Indonesia’s Krakatau Steel has announced a long products joint venture with Japanese Osaka Steel. It’s learned that the two companies has already signed a joint venture agreement on December 26th, 2012 to set ...
Tags: Krakatau Steel, products, joint venture, Osaka Steel