MILWAUKEE, JULY 4- Erica spends four hours daily walking miles of Milwaukee streets and alleys, digging through garbage and stuffing her red plastic grocery cart with aluminum cans and other small metal items to sell to support her three children. Prices have fallen mainly because of a downturn in global demand from manufacturers, especially in China, pressure... » Read More
April 25- Drinks can maker Ball Corp said it along with British rival Rexam Plc agreed to sell some assets to Luxembourg- based Ardagh Group for about $3.42 billion to meet antitrust regulations ahead of their planned merger. The companies will sell some metal beverage can assets, support locations and functions in Europe, Brazil and the United States to Ardagh...
In a complaint filed on Tuesday in Los Angeles federal court, Darren Eisenlord said Quaker Oats causes confusion by including a glass pitcher of maple syrup and the words "maple sugar" on packaging for six instant oatmeal products. The lawsuit followed a Feb. 15 letter from the North American Maple Syrup Council, the Vermont Maple Sugar Makers' Association and...
As China’s construction boom slows, steel mills across the country are scrambling to find ways to bolster profits, and one has hit on an unusual strategy: raising pigs. The FT reports.
Indonesian Trade Minister Gita Wirjawan told CNBC on Tuesday that Southeast Asia's largest economy was not adopting protectionist policies and was only following in the footsteps of other developed countries.
India's Tata Steel, the world's No.7 steelmaker, posted an unexpected quarterly loss, its first in more than two years, as higher raw material costs and weak demand in Europe hurt margins.
China's steelmakers have racked up $400 billion in debt, which some may struggle to repay, making them a potential drag on a banking sector already facing rising bad loans from the property sector and local governments.
Wendell Weeks, Corning CEO demonstrates the strength of its Gorilla Glass 2, which is 20% thinner than the original product, and discusses how it could generate profits for Corning. Also, the Fast Money traders weigh in with the play on the stock.
Will the glassmaker cash in on high LCD television and tablet demand this holiday season? Jim Flaws, Corning CFO, discusses.
The industry is at a unique point in history, where economic growth overseas, high energy costs, demand for commodities and better recovery technologies have converged to swell revenue.
With commodities prices high and global supply low, analysts are bullish on this ugly-duckling business.