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.
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September 6, 2017Huntsman Pigments has been shortlisted for the innovation award at the inaugural Made in the North East Awards.Manufacturing companies from across the North East of England are set to battle it out at...view
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July 30, 2019PPG Industries Pittsburgh, reported sales for the second quarter of $4 billion, down 2.6% from the same period a year ago . Profit decreased 26.7% to $272 million.For the first six months, sales were...view