steel

Xi buys time with Trump as tensions loom over North Korea threat

HONG KONG (April 10): After predicting a “very difficult” encounter with Chinese President Xi Jinping, Donald Trump emerged from their first meeting hailing “an outstanding relationship” between chiefs of the world’s biggest economies.

Commodities

The China X-factor that puts steel’s surprise comeback at risk

SHANGHAI (Feb 14): Steelmakers aren’t out of the woods yet. A year-long resurgence risks cooling as a slowdown in China’s property market deepens, exposing bullish sentiment as overblown, according to a U.S.-based hedge fund manager and former Citigr

Results

BRC Asia earnings plunge 46% in FY16

SINGAPORE (Nov 24): Prefabricated steel reinforcement specialist, BRC Asia, has reported earnings of $8.3 million for FY16, a 46% decrease from the $15.4 million earnings seen in FY15.

In print this week

This might finally be Sapphire’s time to shine

SINGAPORE (Oct 7): The patience of long-time Sapphire shareholders might have been tested with the losses suffered in the earlier years and a share price that has seen two rounds of consolidation and a drop of almost 50% in five years.
commodities

Shanghai copper tumbles to three-month low; steel prices plunge

SHANGHAI (May 13): Copper slumped to the lowest level in more than three months in Shanghai and capped a third week of losses amid concerns about demand prospects in China, the top consumer.
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