Sandvik reports weak demand for its products in Q4 2012
Weak demand from Chinese and Australian coal mines has helped to drive orders for Sandvik’s products and services down by 5% in Q4 2013 compared to the same period in 2011.
Weak demand from Chinese and Australian coal mines has helped to drive orders for Sandvik’s products and services down by 5% in Q4 2013 compared to the same period in 2011.
Caterpillar has reported record earnings of US$ 65.9 billion in 2012, despite a US$ 580 million writedown on its Siwei acquisition.