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Archive for December, 2010

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Japan’s Demand of Steel Products Rises

Monday, December 27th, 2010

Demand for steel products in the first quarter of 2011 is predicted to rise 0.2 percent compared to the fourth quarter of 2010. These conditions triggered a rise in exports offset weak domestic demand. Nevertheless, the annual (year on year) steel product demand period January-March 2011 is predicted to fall 0.3 percent compared to same [...]

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Dow Jones Closed Lower

Monday, December 27th, 2010

The Dow Jones closed lower finally. But the two main indexes United States (U.S.) Other, S & P and Nasdaq looks strong. As quoted by Reuters, market participants looked back optimistically after earlier pessimism blanketing trade due to higher interest rates in China are surprised over the weekend. On a quiet day, with no major [...]

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World oil prices held back at the level of USD91 per barrel

Monday, December 27th, 2010

World oil prices held back at the level of USD91 per barrel in afternoon trade in Asia this time after meeting OPEC ministers agreed not to increase production to cope with rising oil prices lately.  As quoted by the Associated Press (AP), Monday (12/27/2010), crude oil for February delivery fell 17 cents to USD91, 34 [...]

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