Analysts believe China may cut the price of refined oil on Friday in response to a drop in global crude oil prices. The moving average of a basket of crude oil prices, to which China's refined oil prices are pegged, dropped 3.23 percent ...
Tags: Refined Oil, Crude Oil
The Taiwanese steel pipe producers announced to raise list prices for October, in order to reflect Chung Hung Steel’s price rise. It’s learned that Chung Hung Steel, the major upstream supplier to the Taiwanese steel pipe ...
Tags: Steel Pipe, Mineral
According to statistics released by China’s customs, the country’s exports of welded steel pipes totaled 332,270 tons in August, falling by 5% from a month ago but rising by 9% year on year. In the first eight months of this ...
Tags: Welded Steel Pipes, Mineral
After years of breakaway growth, China's solar industry is poised for a big shakeout, with consolidation and failing firms. However, the changes are not going to change the Asian giant's global dominance over the resurgent sector anytime ...
Tags: Solar Industry, Looming Shakeout
China's fuel oil imports in August fell to a near five-year low of 1.17 million mt amid continued weak demand from both the bunker market and independent teapot refiners, according to data released late Monday by the General Administration ...
China's iron and steel industry earned 84.85 billion yuan ($13.87 billion) in the first seven months, an increase of 7.8 percent year-on-year, the National Development and Reform Commission said on its website on Wednesday. The ferrous ...
Tags: crude steel, Iron, Steel
Chinese oil companies are becoming more active in the international crude trading market, rather than just acquiring the fuel for domestic use. China's top oil refiner, Sinopec Group, has purchased crude from the Forties oil field, the ...
Tags: oil refiner, Sinopec
Spot prices of 98.5% 553-grade silicon metal in Asia rose further this week on tight supply and high demand as Chinese producers limit sales in anticipation of higher prices to come. The Chinese export price was assessed by Platts at ...
Tags: silicon metal, Mineral
Major Chinese industrial firms saw their combined profits rise 24.2 percent year on year in August, quickening from the 11.6-percent rate seen in July that points to further evidence of a firming economy, official data showed on Friday. ...
The World Cup once four years is around the corner! The great international sports event has become a favorable catalyst for economic development. Not only Brazil's domestic infrastructural construction and sports facilities, but also ...
Tags: Football, FIFA, Brazil, Sports, Furniture, Entertainment, Bedding, Souvenir
Shuanghui International has acquired a US pork processor Smithfield Foods in an all-cash deal valued at $7.1bn, which includes the assumption of net debt. The deal received approval from Smithfield's shareholders at a special meeting held ...
Tags: Shuanghui International, pork
Canada-based Ballard Power Systems has entered into multi-year definitive agreements to support Azure Hydrogen's zero emission fuel cell bus program for the Chinese market. Azure will partner with Chinese bus manufacturers to deploy zero ...
Tags: Fuel Cell, Ballard Power Systems
Western China is likely to be the focus for development of the petrochemical sector in future, Bang Han-hong, president of Korea Petrochemical Industry Association (KPIA) said at the 12th edition of the Korea-China Petrochemical Conference, ...
Tags: petrochemical, Metallurgy, Mineral, Energy
Founder Securities (SHSE: 601901), suspending trade due to planning a significant assets restructuring from August 27, has preliminarily decided to absorb and merge with Minzu Securities through issuing shares after consultation with ...
The Chinese cruise liner tourism market size is expected to hit CNY 51 billion by 2020. The Chinese cruise liner tourism market grew fast in recent years and data from the China Communication and Transportation Association (CCTA) shows ...
Tags: ccruise liner tourism, Service