The prospects for Australia's biggest commodities export continue to worsen in the eyes of forecasters, with the federal government's forecaster wiping $66 billion from expected iron ore export revenue out to 2016-17 and leading global ...
Tags: iron ore export revenue, sharemarket, share
The sharemarket is trading lower, led down by the big miners on concerns over iron ore prices. At 12.07pm AEDT, the benchmark S&P/ASX200 index was down 38.1 points, or 0.76 per cent, at 4949.3 points. The broader All Ordinaries index ...
Tags: sharemarket, benchmark, Ordinaries index
Australian stocks have tumbled for a third straight day, led by hefty falls from the major miners in response to a bleak outlook for iron ore prices. At 4.15pm AEDT, the benchmark S&P/ASX200 index was down 20.1 points, or 0.4 per cent, at ...
Tags: Australian stocks, benchmark, Stock
As reported by Germany's Federal Statistical Office (Destatis), in February this year the producer prices of industrial products in Germany fell by 0.1 percent compared to January this year and were up 1.2 percent compared to February 2012, ...
Tags: rebar prices, rebar, industrial products
It’s reported that Steel Dynamics, a steel producer and metals recycler in the US forecasted that its earnings in the first quarter of 2013 would be between US$0.17 and US$0.21 per diluted share. Meanwhile, to exclude a favorable ...
Tags: Steel Dynamics, steel producer, steel
According to statistics released by the Metals Service Center Institute (MSCI), the US steel service center shipped 3.4 million short tons of steel products in February, falling by 7.9% year on year. Besides, the stocks of steel ...
Tags: Steel Service, Steel, steel service center
According to a report released by the UK's Office for National Statistics (ONS), in February this year the producer price index (PPI) for the UK manufacturing industry rose by 0.8 percent compared to January this year, following a ...
Tags: basic metal manufacturing, manufacturing industry, metal manufacturing
A number of Industries and large manufacturing companies are reliable on high precision machining to produce best quality and accurate machine parts. These machines use the latest technology and techniques to provide parts that not only ...
Tags: High Precision Machining, Heavy Metal Testing, machine parts
The Metals Service Center Institute (MSCI) reported Monday that US service centers shipped nearly 3.4 million tons of steel products in February 2013. This represents a decrease of 7.9 percent from February 2012. Year-to-date, steel ...
Tags: Steel Service, Mineral, Metallurgy
Fort Wayne, Indiana-based Steel Dynamics, Inc. said Monday that it anticipates Q1 2013 earnings to be in the range of $0.17 to $0.21 per diluted share, and excluding a Q4 2012 favorable tax adjustment of $0.07 per diluted share, the Q1 ...
Tags: Steel Dynamics, Earnings, Mineral
South African junior thermal coal miner Continental Coal announced Monday that diversified mining investment and production company Village Main Reef has agreed to acquire a 19.9% interest in the miner through a A$8 million ($8.3 million) ...
Tags: Metallurgy, Mineral, Energy, Chemicals
According to the latest data released by the Brazilian Institute of Non-ferrous Metals (ICZ), the country's nickel production amounted to 4,867 mt in February this year, faling 15.5 percent compared to January and down 14.1 percent compared ...
Tags: Nickel Output, Metallurgy, Mineral
Americans take electrical power for granted whenever they flip on a light switch. But the growing use of solar and wind power in the United States makes the on-demand delivery of electricity more challenging. A key problem is that the ...
Tags: electrical power, Electrical, Electronics
It’s reported that most of the major steelmakers in the US have announced to raise the prices of steel long products by US$25/short ton for April. Nucor informed its customers that the company will raise the prices for rebar, ...
Tags: steelmakers, Steel Longs Prices, Steel
The sharemarket roared back to life today with its biggest rise in the past eight months as investors snapped up bargains after a three-day decline. The benchmark S&P/ASX200 closed up 1.8 per cent at 5120.2 after hitting a seven-day low ...
Tags: Stocks, sharemarket, benchmark