Brazil's machinery and equipment sector expected to see positive 2023

The outlook for Brazil’s industrial machinery and equipment sector is positive, in part due to the construction segment, according to suppliers association Abimaq.

Thursday, February 2, 2023

December 2022 crude steel production and 2022 global crude steel production totals

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 140.7 million tonnes (Mt) in December 2022, a 10.8% decrease compared to December 2021.

Wednesday, February 1, 2023

Canada Factory Shipments Unchanged in November

OTTAWA--Canadian factory sales were flat in November as shipments of durable goods such as motor vehicles and fabricated metal products were offset by a fall in sales of non-durable goods including chemicals and petroleum and coal products.

Tuesday, January 17, 2023

India to boost coal imports to cope with harsh weather, freight snags

A steady rise in industrial electricity use in recent years has left utilities in India, one of the world's fastest growing major economies and the second-largest coal consumer and importer, with limited leeway to confront extraordinary demand or hiccups in su...

Tuesday, January 17, 2023

Indonesia central bank sees 2022 Q4 GDP growth at 4.81%

Bank Indonesia (BI) expected full-year 2022 economic growth to be at 5.25% and for 2023 growth to slow to 5.03%, his presentation slide for a forum with provincial governments showed.

Tuesday, January 17, 2023

Mexico's mining production expected to have stagnated in 2022

Mining production in Mexico is estimated to have remained flat in 2022, affected in part by the weakening of construction and the steel industry, according to the head of economics think tank IDIC, José Luis de la Cruz.

Monday, January 16, 2023

Peru's mining exports set to end 2022 with a drop

Mining exports from Peru, particularly copper, gold, tin and zinc, among others – will end 2022 significantly lower than in 2021.

Monday, January 16, 2023

Indonesia's Dec trade surplus shrinks more than expected

For all of 2022, exports were worth $291.98 billion, a historic high for annual shipments and 26.07% higher than in 2021.

Monday, January 16, 2023
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