AFP reported that oil was up in Asia on trader expectations of a hike in Chinese crude demand after a key survey showed its manufacturing activity hitting a 14 month high in December. New York's main contract, light sweet crude for ...
Tags: oil, light sweet crude, rose, improved demand
The Australian dollar is slightly lower on concerns the United States'budget problems will not be resolved before the year's end. At 07:00 AEDT,the currency was trading at$US1.0488,down from$US1.0491 yesterday afternoon. Bank of New ...
Tags: THE Australian dollar, currency, dollar, fiscal cliff
Reuters reported that shanghai steel futures jumped 1.6% on Monday, snapping a week long fall, following more evidence that China's economy is on the mend The most briskly traded rebar contract for May delivery on the Shanghai Futures ...
Tags: steel scrap price, stainless steel, buy steel pipe, iron ore price news
Reuters reported that Shanghai steel futures jumped 1.6% on Monday, snapping a week-long fall, following more evidence that China's economy is on the mend, although demand for raw material iron ore is likely to stay subdued along with ...
Tags: steel bar, steel scrap price, stainless steel, steel pipe
Reuters reported that consumption of copper cathode is likely to grow more slowly in China in 2013 cooling further after the pace of growth looks set to drop by at least a third this year. Senior metals executives said that demand for ...
Tags: copper cathode, export market Europe, world's top user of copper
The Federal Reserve Board reports that industrial production increased 0.4 percent in September after falling 1.4 percent in August. Daniel J. Meckstroth, chief economist for the Manufacturers Alliance for Productivity and Innovation ...
ET reported that Buoyed by a firm global trend and pick up in domestic demand copper traded higher by 0.67% at INR 447.50 per kilogram in futures trade. At the Multi Commodity Exchange, copper for delivery in April traded higher by INR 3 ...
Tags: scrap metal prices, scrap copper, copper market, copper price
Australian manufacturing activity contracted for the ninth straight month in November due mainly to an ongoing decline in new orders and production. The latest Australian Industry Group Australian Performance of Manufacturing Index ...
Tags: manufacturing activity, production, manufacturing businesses
Steel market in China got a jerk with slight improvement.More than the quantum it was the temperament which was encouraging.In the backdrop of healthy growth in manufacturing activity for the first time in 13 months in November,according to ...
Tags: steel market, PMI, HSBC, economic stability
10-12-2012 China's manufacturing activity grew in November for the second month in a row,according to the latest industry data. China's purchasing managers'index(PMI)reached 50.6 last month,up from 50.2 in October and 49.8 in ...
Tags: electrical electronics, China's manufacturing activity
Global insulation demand is forecast to rise 5.5 percent annually to 23.1 billion square meters of R-1 value in 2016, a substantial acceleration from the 2006-2011 rate. In developing countries, insulation demand is expected to expand at a ...
Tags: global insulation demand, 2016
Concerns over the Fiscal Cliff are front and center when addressing concerns about the United States economy, and today's November Manufacturing Report on Business from the Institute for Supply Management (ISM) was further proof of that. ...
Tags: Fiscal Cliff, United States economy, Manufacturing Report, dipped
Reportedly, shanghai steel futures climbed 1.6% on Monday from a week long fall, showing a sign that world's No. 2 economy is on the mend. According to a survey of HSBC that manufacturing activity in China accelerated for the first ...
Tags: steel, world's No.2 economy, China's economy, rebar
China's manufacturing activity grew in November for the first time in 13 months, according to the latest industry data. The China HSBC Flash Manufacturing Purchasing Managers Index (PMI) rose to a high of 50.4 in November, the latest ...
Tags: manufacturing activity, industry, data, China
IRIS reported that Broking firm Kotak Commodity Services gave following outlook on base metals segments: Copper - MCX Copper may note some gains tracking slight rebound in international markets however the upside remains capped. LME ...
Tags: Base Metals Outlook, base metals, metals price, metals market