The turnaround begins
Article Abstract:
The increase in Chinese steel prices by almost 20% has improved the fortunes of Australian steel and iron ore manufacturers also. It may be recalled that in early February 2006, BlueScope Steel had reported a drop in net profit for half of 2005 because of falling margins in steel prices and rising iron ore costs. The stock prices dipped sharply because of this news, anticipating that the sector, which had been rising steadily since 2003, was out of its steam. However, recent negotiations with Chinese steel makers have brought back the glow to the sector.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 2006
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Not finished yet
Article Abstract:
An overview of revenue growth of Australian private manufacturing companies, such as Wilson Transformer Company, is presented.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 2005
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Black gold
Article Abstract:
The reasons behind the rise in profits of Queensland coal fields to $15.7 billion are examined.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 2005
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