output Archive

  • As thousands of people attended an automobile rally in Australia's blue-collar heartland on Sunday, many knew it was also a funeral procession for the nation's car industry.General Motors Co. will close its Holden factory in the South Australian suburb of Elizabeth on Friday, ending more than a century of car manufacturing in the country. Hundreds of workers will be left jobless, just weeks after Toyota Motor Corp. shut its plant in neighboring Victoria state, where Ford Motor Co. closed two sites last year.The closures mark the end of home-grown icons such as the Holden Commodore and the Ford Falcon driven by Mel Gibson in the original "Mad Max" movie. But they also strike an economic blow, especially in the rust belt state of South Australia, where recent signs of recovery haven't been enough to stop people leaving in droves."It is clear that the automobile industry is a very significant industry that once it is gone, will leave a very deep economic gap, an investme..

    Death of Australian car output leaves chasm

    As thousands of people attended an automobile rally in Australia's blue-collar heartland on Sunday, many knew it was also a funeral procession for the nation's car industry.General Motors Co. will close its Holden factory in the South Australian suburb of Elizabeth on Friday, ending more than a century of car manufacturing in the country. Hundreds of workers will be left jobless, just weeks after Toyota Motor Corp. shut its plant in neighboring Victoria state, where Ford Motor Co. closed two sites last year.The closures mark the end of home-grown icons such as the Holden Commodore and the Ford Falcon driven by Mel Gibson in the original "Mad Max" movie. But they also strike an economic blow, especially in the rust belt state of South Australia, where recent signs of recovery haven't been enough to stop people leaving in droves."It is clear that the automobile industry is a very significant industry that once it is gone, will leave a very deep economic gap, an investme..
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  • VALE: Northern System And S11D Boost Iron Ore Output In The Third Quarter Brazilian miner Vale's iron ore production increased 3.3% in the third quarter of 2017 from a year before, to 95,111 million tons, the company said. Compared to the second quarter of this year, the increase was 3.6%. From January to September, Vale's iron ore output totaled 275.159 million tons, 6.5% higher than in the first nine months of 2016. According to the mining company, its iron ore production posted a new record due primarily to the better operating performance in the so-called Northern System - which comprises mines in Caraj?s, Serra Leste and the S11D area. "The Northern System achieved a quarterly record of 45 million tons in the third quarter, 8.5% and 16.4% higher than in the second quarter of this year and the third quarter of 2016, respectively, mainly due to the ramp-up of S11D," said Vale in a report. Vale points out that sales volumes for the quarter were lower than those o..

    VALE: Northern System And S11D Boost Iron Ore Output In The Third Quarter

    VALE: Northern System And S11D Boost Iron Ore Output In The Third Quarter Brazilian miner Vale's iron ore production increased 3.3% in the third quarter of 2017 from a year before, to 95,111 million tons, the company said. Compared to the second quarter of this year, the increase was 3.6%. From January to September, Vale's iron ore output totaled 275.159 million tons, 6.5% higher than in the first nine months of 2016. According to the mining company, its iron ore production posted a new record due primarily to the better operating performance in the so-called Northern System - which comprises mines in Caraj?s, Serra Leste and the S11D area. "The Northern System achieved a quarterly record of 45 million tons in the third quarter, 8.5% and 16.4% higher than in the second quarter of this year and the third quarter of 2016, respectively, mainly due to the ramp-up of S11D," said Vale in a report. Vale points out that sales volumes for the quarter were lower than those o..
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  • National Bureau of Statistics (reported via Reuters) - September steel output rises 5.3% y/y - Total Jan.-Sept. output +6.3% y/y - Steel mills curb production ahead of winter air pollution curbs More:

    China’s September steel output falls from record

    National Bureau of Statistics (reported via Reuters) - September steel output rises 5.3% y/y - Total Jan.-Sept. output +6.3% y/y - Steel mills curb production ahead of winter air pollution curbs More:
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  • Poland's Industrial Output Rises; PPI Inflation Accelerates Poland's industrial production expanded in September and producer prices climbed at a faster pace, figures from the Central Statistical Office showed Wednesday. Industrial production climbed 6 percent on month in September, but slower than the expected 6.8 percent expansion. Manufacturing output grew 7.7 percent, while mining and quarrying output fell 1.3 percent and electricity, gas, steam and air conditioning supply plunged 11.2 percent. Year-on-year, industrial production advanced 4.3 percent compared to the expected increase of 5.2 percent. Another report from the statistical office showed that producer price inflation rose to 3.1 percent in September from 3 percent in August. The annual rate matched economists' expectations. On a monthly basis, producer price inflation held steady at 0.4 percent.

    Poland's Industrial Output Rises; PPI Inflation Accelerates

    Poland's Industrial Output Rises; PPI Inflation Accelerates Poland's industrial production expanded in September and producer prices climbed at a faster pace, figures from the Central Statistical Office showed Wednesday. Industrial production climbed 6 percent on month in September, but slower than the expected 6.8 percent expansion. Manufacturing output grew 7.7 percent, while mining and quarrying output fell 1.3 percent and electricity, gas, steam and air conditioning supply plunged 11.2 percent. Year-on-year, industrial production advanced 4.3 percent compared to the expected increase of 5.2 percent. Another report from the statistical office showed that producer price inflation rose to 3.1 percent in September from 3 percent in August. The annual rate matched economists' expectations. On a monthly basis, producer price inflation held steady at 0.4 percent.
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  • *Poland Sep Industrial Output Up 6% M-o-M, Consensus 6.8% Poland Sep Industrial Output Up 6% M-o-M, Consensus 6.8%

    *Poland Sep Industrial Output Up 6% M-o-M, Consensus 6.8%

    *Poland Sep Industrial Output Up 6% M-o-M, Consensus 6.8% Poland Sep Industrial Output Up 6% M-o-M, Consensus 6.8%
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  • *Poland Sep Industrial Output Rises 4.3% On Year, Consensus 5.2% Poland Sep Industrial Output Rises 4.3% On Year, Consensus 5.2%

    *Poland Sep Industrial Output Rises 4.3% On Year, Consensus 5.2%

    *Poland Sep Industrial Output Rises 4.3% On Year, Consensus 5.2% Poland Sep Industrial Output Rises 4.3% On Year, Consensus 5.2%
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  • Eurozone Construction Output Contracts In August Eurozone construction output declined for the first time in five months in August, figures from Eurostat showed Wednesday. Construction output fell 0.2 percent month-over-month in August, after remaining flat in July, which was revised down from a 0.2 percent rise reported initially. Building activity dropped 0.2 percent over the month and civil engineering activity edged down by 0.1 percent. On a yearly basis, growth in construction production eased to 1.6 percent in August from 2.8 percent in the preceding month, revised down from 3.4 percent. Among member countries, the largest monthly declines were seen in Sweden, Slovenia and Germany, while the highest increases were noted in Hungary, Italy and Bulgaria.

    Eurozone Construction Output Contracts In August

    Eurozone Construction Output Contracts In August Eurozone construction output declined for the first time in five months in August, figures from Eurostat showed Wednesday. Construction output fell 0.2 percent month-over-month in August, after remaining flat in July, which was revised down from a 0.2 percent rise reported initially. Building activity dropped 0.2 percent over the month and civil engineering activity edged down by 0.1 percent. On a yearly basis, growth in construction production eased to 1.6 percent in August from 2.8 percent in the preceding month, revised down from 3.4 percent. Among member countries, the largest monthly declines were seen in Sweden, Slovenia and Germany, while the highest increases were noted in Hungary, Italy and Bulgaria.
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  • *Eurozone Aug Construction Output Down 0.2% On Month Eurozone Aug Construction Output Down 0.2% On Month

    *Eurozone Aug Construction Output Down 0.2% On Month

    *Eurozone Aug Construction Output Down 0.2% On Month Eurozone Aug Construction Output Down 0.2% On Month
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  • *Eurozone Aug Construction Output Up 1.6% Y-o-Y Vs. 2.8% In July Eurozone Aug Construction Output Up 1.6% Y-o-Y Vs. 2.8% In July

    *Eurozone Aug Construction Output Up 1.6% Y-o-Y Vs. 2.8% In July

    *Eurozone Aug Construction Output Up 1.6% Y-o-Y Vs. 2.8% In July Eurozone Aug Construction Output Up 1.6% Y-o-Y Vs. 2.8% In July
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  • U.S. Industrial Output Rebounded Marginally in September U.S. industrial production rose slightly in September as persisting effects of storms Harvey and Irma hindered activity at factories. However, the outlook for the industrial sector continues to be bullish amid a strengthening global economy and weakening dollar. The disappointing industrial production data was counterbalanced by another report, which showed import prices reporting their largest increase in 15 months in September, and moderately increasing underlying imported inflation. According to the Federal Reserve, industrial production rose 0.3 percent in September following a 0.7 percent decline in August which was smaller than previously posted. The U.S. central bank said the “continued effects of Hurricane Harvey and, to a lesser degree, the effects of Hurricane Irma combined to hold down the growth in total production in September by a quarter percentage point.” The Fed revised the data for July to reveal that industr..

    Prime News: U.S. Industrial Output Rebounds Marginally in September

    U.S. Industrial Output Rebounded Marginally in September U.S. industrial production rose slightly in September as persisting effects of storms Harvey and Irma hindered activity at factories. However, the outlook for the industrial sector continues to be bullish amid a strengthening global economy and weakening dollar. The disappointing industrial production data was counterbalanced by another report, which showed import prices reporting their largest increase in 15 months in September, and moderately increasing underlying imported inflation. According to the Federal Reserve, industrial production rose 0.3 percent in September following a 0.7 percent decline in August which was smaller than previously posted. The U.S. central bank said the “continued effects of Hurricane Harvey and, to a lesser degree, the effects of Hurricane Irma combined to hold down the growth in total production in September by a quarter percentage point.” The Fed revised the data for July to reveal that industr..
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