It is reported that some vanadium titanium steel plants in the Chinese Sichuan Province have faced production suspension due to weak market demand, continuously falling steel prices and low margin rates. It's learned that the sales volumes of vanadium titanium steel products have remained sluggish since August 2012. The inventory to sales ratio was at 96.66%, falling by 1.6 percentage points YoY. However, the steelmakers' input costs have still remained high due to higher raw materials prices and employee costs. Affected by these factors, the vanadium titanium steelmakers' margins have dropped substantially and some of them have faced production suspension.
September 6, 2017Kenmare Resources plc advises that it will announce its Preliminary Results for the 12 months ended 31st December 2013 on 12 March 2014. An analyst briefing will be held at 8:00am BST at the offices o...view
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September 6, 2017It is reported that some vanadium titanium steel plants in the Chinese Sichuan Province have faced production suspension due to weak market demand, continuously falling steel prices and low margin rat...view
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September 6, 2017U.S. chemicals maker PPG Industries Inc. announced it has reached an agreement to take over Mexican architectural and industrial coatings firm Consorcio Comex for $2.3 billion, as part of the planned ...view