Tag Archives: biz news

JFE seeks 10-20% price hike on July-Sept exports – Reuters

JFE seeks 10-20% price hike on July-Sept exportsReutersOverall steel prices in Asia have started to show a downward trend for the first time this year, following weakness in the domestic prices of construction … and more » read more Related Blogs … Continue reading

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New home construction surges 41% – CNNMoney

New home construction surges 41%CNNMoney"The increase in demand prompted by the tax credit has lifted construction," wrote Ian Shepherdson, economist at High Frequency Economics, in a research …Housing starts hit 1-1/2 year highReutersHousing starts up 5.8%, while permits plunge 11.5%MarketWatchHousing … Continue reading

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Toyota to up steel prices for suppliers in Oct – Nikkei – Reuters

Toyota to up steel prices for suppliers in Oct – NikkeiReutersMay 18 (Reuters) – Toyota Motor Corp (7203.T) has decided to raise in October the price of steel that it provides to its parts suppliers, moving away from … and … Continue reading

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Rusal Swings to First-Quarter Profit on Higher Prices – BusinessWeek

The Guardian Rusal Swings to First-Quarter Profit on Higher PricesBusinessWeek“The recovery in aluminum prices is the key contributor,” BOC's Chan said. Aluminum production dropped 4 percent to 973000 metric tons in the quarter from a …UC RUSAL Returns to Black … Continue reading

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Steel product prices may fall in June – China Daily

China Daily Steel product prices may fall in JuneChina DailyJiangsu Shagang Group said on Wednesday that it reduced steel prices for the construction sector, cutting rebar prices by as much as 6 percent. …Spot iron ore imports at standstill as … Continue reading

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BASE METALS: Comex Copper Climbs As Equities Stabilize – Wall Street Journal

Proactive Investors Australia BASE METALS: Comex Copper Climbs As Equities StabilizeWall Street Journal… inventories in Asia and elsewhere, in our view the bias for copper prices still looks skewed to the upside," said a research note from Standard Bank.Copper Drops … Continue reading

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US aluminum co stocks up on China power price rise – Reuters

US aluminum co stocks up on China power price riseReutersAluminum prices MAL3 fell 16 percent from mid-April to a 3-month low of $2056 a tonne this week, but are still 28 percent above last year's average $1671. … and more » … Continue reading

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Aquino Facing Tough Economics Test – Buzz Biz News

Telegraph.co.uk Aquino Facing Tough Economics TestBuzz Biz NewsAn estimate says that approximately 9 million Filipinos which include bankers, maids, doctors, seamen, construction workers, nurses, teachers, drivers, …Philippines' Aquino faces tough economics testChannel News Asia all 2,396 news articles » read more … Continue reading

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ArcelorMittal to Raise Prices on ‘Overwhelming’ Costs – BusinessWeek

ArcelorMittal to Raise Prices on 'Overwhelming' CostsBusinessWeekMay 12 (Bloomberg) — ArcelorMittal, the world's largest steelmaker, said it will raise European steel prices as much as 16 percent … and more » read more Related Blogs How to Use Citrus Juices to … Continue reading

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Copper Advances From Nine-Week Low as Decline Seen Overdone – BusinessWeek

Minyanville.com Copper Advances From Nine-Week Low as Decline Seen OverdoneBusinessWeekThe slump in London copper has widened the ratio between Shanghai and London prices, allowing importers to almost break even, Lu said. …METALS-Copper dips as investors await rescue for GreeceAlibaba News … Continue reading

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