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Showing 51 - 60 of 423 results for "Steel"

Chief economist update: Iron ore is the glue that binds China and Australia

BENJAMIN ONG  |  TUESDAY, 11 MAY 2021
... ore's price. Demand comes from China - the world's biggest consumer (69.1% of total world iron imports) - where crude steel production continues surge (up by 19.1% in the year to March from 12.9% in the January-February period) as Chinese mills ...

More members monitoring superannuation

KARREN VERGARA  |  MONDAY, 3 MAY 2021
More than half of superannuation members surveyed by MLC reveal they are taking their retirement savings more seriously and are watching the stock markets more closely than ever. About 53% of the 1004 participants that took part in the survey said they ...

Go, iron ore, go

BENJAMIN ONG  |  WEDNESDAY, 28 APR 2021
... recorded in March last year. No prize for the whys and wherefores but as it was then, it's still China's need for steel that's driving the iron ore price higher. Reuters reports that: "China's crude steel output rose 12.9% in the first ...

Chief economist update: Strike while iron ore cools

BENJAMIN ONG  |  FRIDAY, 26 MAR 2021
... past two weeks which, according to reports is due to concerns over further reduction cuts in Tangshan - China's top steel-producing city - under its anti-pollution plan. But akin to previous episodes, this is likely to be a pause rather than the ...

AMP Capital severs ties with global equities unit

KARREN VERGARA  |  TUESDAY, 9 MAR 2021
AMP Capital will offload its $653 million global equities capability to a Canadian fund manager for an undisclosed figure. Montreal-based Fiera Capital has agreed to acquire the four-year-old strategy available to investors in the UK, via a UCITS platform ...

Chief economist update: Iron ore is hot

BENJAMIN ONG  |  WEDNESDAY, 20 JAN 2021
... production equals rising industrial demand. According to mining.com: "The country produced a record 1.05 billion tonnes of steel, a breakthrough as it is the first time the 1 billion mark has been exceeded". China's iron ore imports rose by 1.17 ...

Woman allegedly left out of will because she was born by artificial insemination

ELIZABETH MCARTHUR  |  FRIDAY, 18 DEC 2020
... the Smorgon family fortune is in the realm of $2 or even $3 billion. The family is most notable for establishing Smorgon Steel but has interests in many other businesses including meat, paper, chemicals, plastics, electronics, steel, equities, cosmetics ...

Super fund joins climate initiative

ANNABELLE DICKSON  |  MONDAY, 23 NOV 2020
... Industry ETI focuses on the "hard-to abate" supply chains that contribute a quarter of annual greenhouse gas emissions such as steel, aluminum, liquefied natural gas, lithium and chemicals. Cbus and Aurecon join National Australia Bank, Schneider Electric ...

MLC Super overhauls fees

KARREN VERGARA  |  MONDAY, 9 NOV 2020
MLC Super has introduced a number of management and administration fee changes for a broad range of products that took effect this month. On November 1, management fees were reduced and commissions removed in the Access Pre Select Fund. Also on this ...

Global firm hires local distribution head

JAMIE WILLIAMSON  |  TUESDAY, 20 OCT 2020
... capabilities will enable us to be successful," Federated Hermes' institutional business head of business development Harriet Steel said. "The appointment of Gary, Alex and Mark is built on the significant uplift we are seeing for our combined range of ...