掀开奶罩边躁狠狠躁苏玥视频,无码专区3d动漫精品,去阳台跪着把屁股抬起来,精品国产丝袜黑色高跟鞋


IFM Q3 ferrochrome sales down; upbeat on 2011

  • Tuesday, November 16, 2010
  • Source:

  • Keywords:ferrochrome
[Fellow]

Q3 sales 28,891 tonnes vs 36,383 tonnes yr ago

 

* Production up 46 pct to 53,785 tonnes

 

* Shares down 7.6 pct (Adds details)

 

Nov 15 (Reuters) - International Ferro Metals (IFM) (IFL.L: Quote) posted a 21 percent fall in third-quarter sales, hurt by seasonally weak demand in its key markets, but forecast a revival in demand for ferrochrome with global stainless steel production expected to rise in 2011.

 

The South African firm that produces ferrochrome FECRO-HC-RU FECRO-LC-RU -- used in stainless steel to prevent corrosion -- said global stainless steel production is expected to rise to 33 million tonnes from about 30.8 million tonnes expected in 2010.

 

Global stainless steel production rose more than 40 percent in the first half of 2010 on the back of strong restocking as the global economy slowly recovered after recession. [ID:nLDE68J0YH]

 

"The third quarter is traditionally a weak time of year for ferrochrome demand and this year was no exception. However, since the end of the quarter we have begun to see a strengthening of demand, particularly from China," Chief Executive David Kovarsky said.

 

For the third quarter, ferrochrome sales for the company fell 21 percent to 28,891 tonnes from the year-ago period. As of Oct. 31, inventories stood at 31,324 tonnes, down about 27 percent from Sept. 30.

 

Production rose 46 percent to 53,785 tonnes from last year.

 

Shares in IFM, which competes with larger companies such as Xstrata (XTA.L: Quote) and Merafe Resources (MRFJ.J: Quote), were down 7.6 percent at 30.5 pence at 0819 GMT on Monday on the London Stock Exchange.

  • [Editor:editor]

Tell Us What You Think

please login!   login   register
Please be logged in to comment!
主站蜘蛛池模板: 修武县| 府谷县| 育儿| 胶州市| 岢岚县| 塔河县| 利津县| 苍南县| 壶关县| 康定县| 博白县| 南昌县| 梨树县| 宁陕县| 鹿邑县| 泰州市| 清徐县| 富源县| 瑞金市| 方山县| 江孜县| 邹城市| 潜山县| 青铜峡市| 紫云| 珠海市| 伊金霍洛旗| 专栏| 巩义市| 鞍山市| 洪雅县| 佳木斯市| 浑源县| 金溪县| 十堰市| 吐鲁番市| 禹州市| 广元市| 依兰县| 敦煌市| 讷河市|