SteelOrbis - Steel News: economicsAccurate steel prices, latest steel news, massive database of steel companies, comprehensive coverage of steel markets, and online steel trading.2013-05-24T16:23:05ZSteelOrbis2013-05-24T16:23:05ZenStemcor to meet with banks to outline its repayment proposal2013-05-24T12:20:40Z2013-05-24T12:20:40ZLondon-based Stemcor will meet banks next week to outline proposals to repay its lenders.2013-05-24T12:20:40ZMexican economic growth estimates decline slightly2013-05-23T13:21:45Z2013-05-23T13:21:45ZAt a press conference, Deputy Finance Minister, Fernando Aportela, said this could have an impact on government revenues.2013-05-23T13:21:45ZMexican construction recovery could be delayed2013-05-22T20:32:31Z2013-05-22T20:32:31ZAccording to Luis Zárate Rocha, the Mexican construction industry will finally recover from the slowdown that started this January.2013-05-22T20:32:31ZIron ore inventory at Chinese ports edges up further2013-05-21T14:18:36Z2013-05-21T14:18:36ZAs of May 20, inventory of iron ore at 25 major Chinese ports amounted to 72.49 million mt, up 0.81 percent week on week.2013-05-21T14:18:36ZUSGS: Upturn in US steel industry activity could be slower than expected2013-05-21T14:01:47Z2013-05-21T14:01:47ZAn upturn in US metals industry activity might be slower than expected.2013-05-21T14:01:47ZEuro area annual inflation down in April from March2013-05-16T14:27:32Z2013-05-16T14:27:32ZAnnual inflation in the euro area was 1.2 percent in April, down compared to March2013, according to Eurostat.2013-05-16T14:27:32ZEmployment in German construction sector up 0.9 percent in Q12013-05-16T07:47:10Z2013-05-16T07:47:10ZIn Germany’s construction sector, the number of persons in the first quarter of the year rose by 21,000 or 0.9 percent y-o-y.2013-05-16T07:47:10ZEuro area GDP shrinks by 0.2% in Q1 from Q4 levels2013-05-15T15:00:13Z2013-05-15T15:00:13ZDuring the first quarter of 2013 gross domestic product (GDP) decreased by 0.1 percent in the EU-27, compared to the previous quarter2013-05-15T15:00:13ZItaly’s GDP contracts further, regresses to levels seen in 20002013-05-15T14:52:34Z2013-05-15T14:52:34Zn Q1 this year, Italy's seasonally adjusted and calendar adjusted gross domestic product (GDP) fell 0.5% quarter on quarter and 2.3% year on year.2013-05-15T14:52:34ZUnemployment rate down slightly in OECD countries in Mar2013-05-15T13:28:50Z2013-05-15T13:28:50ZIn March this year, the unemployment rate of the 34 OECD member countries decreased to eight percent.2013-05-15T13:28:50ZUK economy expands slightly in Q12013-05-15T12:36:40Z2013-05-15T12:36:40ZThe UK economy grew by 0.3 percent during the first quarter of 2013, following a contraction of 0.3 percent in the final quarter of 2012.2013-05-15T12:36:40ZFrance’s GDP falls further in Q12013-05-15T09:09:02Z2013-05-15T09:09:02ZIn the first quarter of 2013, France's gross domestic product (GDP) decreased 0.2 percent quarter on quarter.2013-05-15T09:09:02ZDestatis: German economy slow to gain momentum2013-05-15T08:28:08Z2013-05-15T08:28:08ZGermany's price, season and calender adjusted GDP in the first quarter of 2013 increased by 0.1 percent compared to the previous year.2013-05-15T08:28:08ZJobs in German motor vehicle manufacture up 2% in Mar2013-05-15T07:35:06Z2013-05-15T07:35:06ZAs of March 31 of the current year, the number of employees in the production of motor vehicles and motor vehicle parts increased two percent y-o-y.2013-05-15T07:35:06ZPwC to assess Stemcor’s standstill deal request for $850 million loan2013-05-14T11:48:27Z2013-05-14T11:48:27ZStemcor’s lender have appointed PricewaterhouseCoopers to assess Stemcor’s proposal for a standstill agreement.2013-05-14T11:48:27ZTurkey’s basic metals turnover index up 7.6% in Mar over Feb2013-05-13T09:02:37Z2013-05-13T09:02:37ZIn March, the industrial turnover index for the manufacture of basic metals in Turkey increased by 7.6 percent over the previous month.2013-05-13T09:02:37ZS. African iron and steel output down 16.7% in Q12013-05-10T11:56:51Z2013-05-10T11:56:51ZIn the first quarter of the year, South Africa’s basic iron and steel production declined 16.7 percent, compared to the same quarter of 2012.2013-05-10T11:56:51ZGerman motor vehicle manufacturing turnover up 10.1% in Mar over Feb2013-05-10T07:52:28Z2013-05-10T07:52:28ZIn March, a m-o-m turnover increase of 10.1 percent in German motor vehicles and vehicle parts industry.2013-05-10T07:52:28ZTrade deficit shrinks in US while Canada reports surplus2013-05-05T22:17:25Z2013-05-05T22:17:25ZTotal US March exports of $184.3 billion and imports of $223.1 billion resulted in a goods and services deficit of $38.8 billion.2013-05-05T22:17:25ZUS unemployment rate falls to 7.5 percent2013-05-05T22:15:13Z2013-05-05T22:15:13ZThe US Department of Labor said Friday that the US economy added 165,000 total nonfarm jobs in April.2013-05-05T22:15:13ZEUROFER: Activity in EU steel using sectors to fall 1.5% in 20132013-05-03T14:17:34Z2013-05-03T14:17:34ZAccording to EUROFER, total activity in the steel using sectors is expected to decline by around 1.5 percent this year.2013-05-03T14:17:34ZConstruction spending in US up nearly 5 percent in Q12013-05-02T22:31:31Z2013-05-02T22:31:31ZThe US Census Bureau announced that construction spending during March 2013 was estimated at a seasonally adjusted annual rate of $856.7 billion.2013-05-02T22:31:31ZEuro zone PMI downturn deepens in the start of Q22013-05-02T12:33:57Z2013-05-02T12:33:57ZThe downturn in the euro zone manufacturing sector deepened at the start of the second quarter of the year.2013-05-02T12:33:57ZEuro area annual inflation in April estimated at 1.2 percent2013-04-30T14:56:59Z2013-04-30T14:56:59ZAnnual inflation in the euro area is expected to be 1.2 percent in April this year, down from a revised 1.7 percent in March.2013-04-30T14:56:59ZEU-27 unemployment rate stable in March compared to February2013-04-30T14:55:04Z2013-04-30T14:55:04ZThe seasonally adjusted unemployment rate in the EU-27 was 10.9 percent in February slightly up compared to January.2013-04-30T14:55:04ZFrench manufacturing turnover up 0.6% in Feb over Jan2013-04-30T11:02:22Z2013-04-30T11:02:22ZIn February this year, the seasonal and working-day adjusted turnover index in France's manufacturing industry increased by 0.6 percent m-o-m.2013-04-30T11:02:22ZUS DOC estimates GDP growth of 2.5 percent in Q12013-04-29T09:22:23Z2013-04-29T09:22:23ZThe US Department of Commerce reported Friday that real gross domestic product in the US increased at an annual rate of 2.5 percent in Q1 2013.2013-04-29T09:22:23ZTurkish consumer confidence rises in April2013-04-29T08:24:11Z2013-04-29T08:24:11ZThe consumer confidence index in Turkey, which stood at 74.9 points in March, increased by 0.9 percent month on month in April to 75.6 points.2013-04-29T08:24:11ZGroup Simec announced major share purchase2013-04-28T23:19:07Z2013-04-28T23:19:07ZGrupo Simec, S.A.B de C.V. (SIM) announced that it bought 157,246 of its own shares, (SIMEC-B) through its repurchase fund on April 23.2013-04-28T23:19:07ZS&P CEO: Mexico on the right track, but must resolve political differences2013-04-25T22:48:02Z2013-04-25T22:48:02ZThe CEO of Standard & Poor's (S&P) in Mexico, Victor Manuel Herrera, hoped that the differences of politicians are resolved "very shortly."2013-04-25T22:48:02Z