PV market demand plunged rapidly as expected as it entered in the third quarter, driving significant price decline across the PV supply chain. Prices of solar cells and wafer have reached new low for consecutive weeks. Consequently, ...
Tags: PV market, PV industry
The decline in cotton price and slowing demand for apparel and other textile products in key North American and European markets have put tremendous pressure on synthetic pricing in the past several months. The global synthetic fiber price ...
Tags: Synthetic Fiber, Cotton
Avery Dennison Corporation announced preliminary, unaudited results for its second quarter ended June 28, 2014. All non-GAAP financial measures referenced in this document are reconciled to GAAP in the attached tables. Unless otherwise ...
Tags: Avery Dennison, Sales, Textile
Global specialty products supplier AMG Aluminum is curtailing its annual aluminum alloys capacity by 5,000 mt, or around 10% of its global demand, due to current market conditions, the company said Tuesday. AMG said in a statement its ...
Tags: AMG Aluminum, aluminum alloys, Soft Market
US miner Arch Coal on Tuesday cut its 2014 met coal sales guidance by 1 million short tons, to 6.3-7.3 million st, as shipments and pricing remain weak for the foreseeable future. Arch, in its quarterly earnings statement, said it expects ...
Tags: Soft Market, Arch Coal, miner
According to report from China Iron & Steel Association, the 86 members steel mills’ October profit dropped to RMB 1.716 billion, down by 47.5% from September of RMB 3.266 billion, the highest in the year. 18 members reported losses ...
Tags: overcapacity, iron and steel, profit
Carpenter Technology Corporation reported Tuesday net income of $34.6 million for the fiscal first quarter ended September 30, 2013 compared to $39.2 million in the prior year first quarter. "Our first quarter earnings were in-line with ...
Tags: Metallurgy, Mineral, Energy
India-headquartered steel giant Tata Steel Group has issued its group financial results including Tata Steel Europe for the first quarter ended June 30 of the financial year 2013-14. Tata Steel Group recorded a net profit of INR 11.4 ...
Tags: Tata Steel, Robust Performance
Containerboard price rises are like buses…nothing for ages and then three come along in quick succession. If you're sat there scoffing at the seemingly incredulous prospect of three rounds of price rises this year, I'm afraid that ...
Tags: Recycled Containerboard, Packaging, Printing
Snow in the Northeast and the Rockies—even in Phoenix—along with rain and flooding in the Midwest have created late-winter challenges for bike retailers and their suppliers. Cycling-crazy Boulder has received 48 inches of snow ...
Tags: Transportation, bike
Spot coking coal prices in Asia-Pacific were either steady or slightly higher Monday depending on the coal type amid positive trends in steel and iron ore prices. Price moves in metallurgical coal remained limited, however, as there ...
Tags: coking coal, coking coal prices, metallurgical coal, Asia
GT Advanced Technologies Inc of Nashua, NH, USA (a provider of polysilicon production technology as well as sapphire and silicon crystalline growth systems and materials for the solar, LED and other specialty markets) says that it expects ...
Tags: GT sapphire furnace, Lighting, GT
For second-quarter 2012, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $136.5m, down 2% on $139.9m last quarter and 48% on $264.8m a year ago. Fiscal ...
Tags: Veeco, MOCVD, revenue and earnings
GT Advanced Technologies (NASDAQ: GTAT) announced its guidance range for the fourth quarter ending December 31, 2012 and provided its preliminary outlook for fiscal year 2013 ending December 31, 2013. For Q4CY12 and CY12 the company ...
Mohawk Industries Inc. announced 2012 third quarter net earnings of $70 million and diluted earnings per share (EPS) of $1.01. Excluding restructuring charges, net earnings were $72 million and EPS was $1.04, a 25% increase over last year's ...
Tags: net earnings, Net sales, SmartStrand Silk, carpet market