Germany-based steelmaker ThyssenKrupp has announced its financial results for the financial year 2012-13, stating that it is planning a capital increase of up to 10 percent, raising €1 billion, as the sale of its US steel mill has now ...
Tags: steel, financial results
The market has been flat-lined in November, with the March contract closing the last 20 sessions in an extremely tight range of less than 200 points, between 77.23 and 79.19 cents/lb. One of the reasons for this anemic market is that ...
In a move designed to combat overcapacity in the steel sector, China will relocate some factories and encourage more companies to invest in overseas projects, said an official with the country's top planning agency. Li Zhongjuan, an ...
Tags: Metallurgy, Mineral, Energy
Hebei said it eliminated 4.56 million metric tons of ironmaking capacity and 6.8 million tons of steelmaking capacity in three cities on Sunday, marking the start of the province's campaign to cut excess production capacity. On Sunday, a ...
Tags: Dismantles Iron, Steel
The European Ferrous Recovery and Recycling Association (EFR) has published the findings of a study evaluating the impact of the measures recommended by the European Commission's Steel Action Plan on the recycling industry. EFR is ...
Tags: Steel Action, Mineral
FATE is pleased to announce the launch of its first sustainably designed fashion collection. The collection features up-cycled vintage and garments made from surplus material, made locally in Vancouver. FATE, formerly FATE Vintage, ...
Tags: Fashion Collection, Apparel
UK-based life and general insurer Aviva has embarked on a conditional agreement to divest its entire 39% stake in Eurovita Assicurazioni, to New York-based private equity firm JC Flowers, in a cash transaction valued at approximately ...
Tags: Aviva Agrees, Insurer
The US Census Bureau and the US Bureau of Economic Analysis, through the Department of Commerce, announced Thursday that total September exports of $188.9 billion and imports of $230.7 billion resulted in a goods and services deficit of ...
Tags: Trade Deficit, Mineral
The exports of textiles and apparel from Portugal grew by more than 7 percent in September 2013, which took the total growth in the first nine months of 2013 to 2.4 percent, amounting to €3.2 billion, according to a statement from the ...
In another sign of the government's resolve to tackle the problem of excess industrial capacity, the Ministry of Land and Resources will reject applications for land acquisition by companies in sectors with low capacity utilization ratios. ...
Tags: Surplus Capacity, Mineral
China's Ministry of Land and Resources Monday suspended land applications for new projects in the aluminum, cement, steel and glass sectors with immediate effect due to surplus capacity in these industries. "For new projects involving ...
Chinese authorities have inked a deal with Brazil to allow corn imports from the South American country. A Brazilian government official was quoted by Reuters as saying that this development provides a key market for the South American ...
Tags: Corn Imports, Grain Production
After the December contract had closed lower in 19 out of 23 sessions between October 4 and November 5, losing over 1200 points in the process, a bounce was long overdue. However, even though it felt good to finally see the market up on ...
Tags: NY Cotton Futures, Textile
The annual output of injection molding machines in China, the world's largest injection molding machine producer, hit roughly 100,000 sets. However, impacted by the weakening demand for auto and household appliances downstream on the heels ...
Tags: Manufacturing, Processing Machinery, Plastic Injection Molding Machine
Dumpling is not just a delicacy, but also expresses people’s yearning for beautiful life. Let’s have a look at culture in dumpling stuffing: Celery Stuffing Qin, the Chinese character for celery, is a homophone of qin ...
Tags: Dumpling Stuffing