Basic Materials Roundup: Market Talk

Daimler Truck said it took a €120 million hit from a write-down of its China joint venture due to a persistently weak market and that […]

Siemens Energy reported a reduced net loss for the third quarter as revenue rose 19%, with its wind unit continuing to recover following restructuring efforts.

Companies reject claims that consumers are being bilked on prices. Still, says one executive, “We understand why there is this sticker shock.”