Industry Links for the End of the Year

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Vale Seeks Two U.S. Pellets Supply Contracts as Shale Gas Booms – Vale, based in Rio de Janeiro, is in talks with investors of two U.S. steel plant projects including Voestalpine AG to supply the processed form of iron-ore. Bloomberg News

The World Braces For Impending Retirement Crisis – Spawned years before the Great Recession and the 2008 financial meltdown, the crisis was significantly worsened by those twin traumas. It will play out for decades, and its consequences will be far-reaching.  Manufacturing.net

Late Season Online Sales Fizzle – Online holiday sales from desktop computers increased a less-than-expected 10% after a late season surge failed to materialize, according to comScore.  RetailingToday

Walmart to expand profitable Sam’s Club stores in China – Walmart’s international expansion of its Sam’s Club chain, which in China targets increasingly rich customers in the country’s largest cities, is a key part of the US retailer’s strategy to offset stagnant sales in its home market. Binary Tribune

Ford brand widens U.S. sales lead over Toyota on Fusion, hybrids – Ford Motor Co. said U.S. sales for its main brand will surpass 2.4 million vehicles this year, as record demand for its Fusion sedan and hybrid models helps extend a lead over Toyota Motor Corp.’s namesake line. – Automotive News

 

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