Iron and steel output in China in 2017 is expected to fall due to the shrinking demand of steel consumption industries and continuing efforts to cut overcapacity, according to a report. Decline in demand to limit steel production Demand ...
Fiat Chrysler Automobiles (FCA) will cut nearly 1,300 jobs at its Sterling Heights Assembly plant starting from 5 July. The layoffs come in the wake of reduced production at the facility due to declining demand for Chrysler 200 midsize ...
Worldwide demand for camera lens shipments, including kit and standalone (aftermarket) lenses reached 22.2 million units in 2014, which represented an annual drop of 13%, according to Futuresource Consulting. The value performance was ...
Tags: Camera Lens, Camera
While this decline was spread across all three market sectors — light metal packaging, steel drums and similar containers, and other containers (of a capacity exceeding 300 litres — it was most substantial in the light metal ...
Tags: Metal Packaging, Falling Demand
FutureMark Alsip, a company that makes coated publication and printing papers from recycled materials, will indefinitely place its mill in idle mode due to challenging market conditions in the North American coated paper market. The ...
Tags: Futuremark Alsip, Mill, Packaging
Private label products are helping some retailers in Western Europe Times are changing for Europe’s retail food market, and operators are consequently finding it increasingly difficult to boost sales, according to findings from ...
China will raise the threshold on new coal mines and halt approval on those that do not meet specified requirements, in the latest effort to regulate the oversupplied sector. New coal mines with annual output below 300,000 tons and ...
Tags: Coal Mine, Metallurgy, Mineral, Energy
FALLING demand for bottled beer has hit hard glass manufacturing firm, Zimbabwe Glass Industries (Zimglass) after its main customer Delta reduced orders for bottles, an official has said. Delta last week reported depressed lager sales, 10 ...
Tags: Zimbabwe Glass, Construction Glass
Cisco Systems stunned Wall Street on Wednesday with a gloomy financial forecast it blamed on falling demand in developing countries and transitions in some of its product lines. The networking giant expects its revenue this quarter to ...
Aston Martin has posted a £24.6 million ($41.5 million) loss for 2012 on the back of diminishing demand for its luxury sports cars. The Telegraph in the UK reports demand for the Gaydon-based manufacturer’s high-end V8- and ...
Tags: Aston Martin, Falling Demand
The analysts forecast the Global Cover Glass market to grow at a CAGR of 21.8 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing adoption of mobile phones. The Global Cover Glass ...
Tags: Glass, Construction
Australia's ports must adopt cutting-edge technology to navigate a global downturn in shipping and a looming lull in the local mining boom, according to an international transport specialist. Terry Bills is the 'GIS in Transportation' ...
Tags: Survive Transport, Serv
China's biggest energy firm PetroChina (0857.HK) will join Exxon Mobil (XOM.N) in developing Iraq's giant West Qurna oilfield and is in talks with Russia's Lukoil (LKOH.MM) to buy into a second project at the field, industry sources said. ...
Tags: PetroChina, Iraqi Oilfield
In July this year, Turkey's total steel product exports amounted to 1.4 million metric tons, falling 5.2 percent month on month and down by 9.8 percent compared to the same month of the previous year, with a total revenue of $1.1 billion, ...
Tags: Steel Exports, Mineral
Tung Ho Steel, one of the major H beam and rebar manufacturers in Taiwan, has announced its second-quarter combined sales revenue totaled NT$8.839 billion, down by 1.8% from a quarter ago. The falling demand from Taiwan's popular ...
Tags: Q2 Sales, Tung Ho Steel