German steel makers see record production in 2005
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Steel makers in Germany expect production to rise to a new record of 47 million tonnes in 2005, beating this year's output of 46.5 million tonnes in the face of booming worldwide demand, the German steel makers' federation said.
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Tata Steel of India appears set to become the world's fifth-largest steel producer after beating its Brazilian rival CSN in an auction to take over Anglo-Dutch steelmaker Corus with a 13.7 billion-dollar bid.
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Corus, Britain&#39;s biggest steelmaker, yesterday reported its first profits since the merger of British Steel and Dutch rival Hoogovens five years ago.
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COLUMBUS, Ohio, Feb. 8 /PRNewswire/ -- The Ohio Steel Council's third quarter 2006 data show increases in production and shipping as compared to the same period in 2005.
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Platinum hit another record high on  Monday on the back of lingering supply concerns in South  Africa, which produces four-fifths of the world's metal.
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STUTTGART - Despite signs of a global economic slowdown, two of Germany&#39;s leading luxury carmakers - Porsche AG and BMW AG - have said they are off to a strong start to their new business years.
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By Reuters. Two of the biggest American steel companies reported dramatic third-quarter turnarounds yesterday, with robust profits driven by surging steel prices that reversed year-earlier losses.
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German exports hit record levels last year, helping the trade surplus to its highest level since unification.
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German companies including Bayer AG and BMW AG say they can weather the euro's gain to a record against the dollar as protection against currency fluctuation allows them to benefit from another year of export ...
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Luxury automaker Porsche AG said Friday it expects a 4.5 increase in net profit for the first half of 2005 with brisk sales of its redesigned mainstay 911 sports car.
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German firms are happy with the current economic climate, but less confident about the future, a survey says.
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Polish industrial production surged by 13.5 percent year-on-year in August compared with 6 percent growth in July, official figures showed Friday.
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U.S. and global steel markets are  poised for medium and long-term growth, two top global steel  executives said on Thursday.
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China's 500 top businesses saw their combined profits rise 23 percent in 2005, with strong earnings in the petrochemicals, banking and metals industries contributing a large share of the growth, according to a study published Monday.
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Germany's trade surplus hit a surprise record in October, underpinning optimism about the pace of economic recovery.
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Anglo-Australian mining giant BHP Billiton said Wednesday it had set or equalled record production figures for seven commodities in the six months to December.
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Output and order growth at UK manufacturers at their highest level in more than a decades, a report says.