In a move designed to combat overcapacity in the steel sector, China will relocate some factories and encourage more companies to invest in overseas projects, said an official with the country's top planning agency. Li Zhongjuan, an ...
Tags: Metallurgy, Mineral, Energy
Economic growth will slow significantly in 2014 in both industrialized nations and emerging markets. Germany's GDP is expected to grow by just 1%. The Chinese economy will also cool down significantly after years of double-digit growth: ...
Tags: frugal, product, solution, growth, opportunity
Beijing - Activity in China's vast factory sector grew at a milder pace in November as new export orders shrank, a preliminary survey showed on Thursday, bolstering expectations the economy could lose some of its vigor in the fourth quarter ...
Tags: PMI, Chinese economy
Chinese electrolytic manganese metal prices fell this week, with most steel mills retreating from the spot market following weeks of restocking, sources said Platts assessed 99.7% manganese at $2,160-2,210/mt FOB China Thursday, down ...
Tags: steel mills, Spot Market
The Chinese economy, which saw a notable slowdown early this year, has recovered solidly based on latest data, and analysts expect the recovery momentum to be stable. One of the most convincing indicators emerged on Monday, or "Singles' ...
Tags: China's Recovery, Firm Footing
Turkey's largest steelmaking group Eregli Demir ve Celik Fabrikalari TAS (Erdemir) has announced its financial results for the third quarter and the first nine months of 2013. In the third quarter, the net profit of the company amounted ...
Tags: Mineral, steelmaking
The annual output of injection molding machines in China, the world's largest injection molding machine producer, hit roughly 100,000 sets. However, impacted by the weakening demand for auto and household appliances downstream on the heels ...
Tags: Manufacturing, Processing Machinery, Plastic Injection Molding Machine
As the Chinese economy firms with recent upbeat data, analysts expect a reform package to be unveiled in a key plenum this weekend to bring changes not only to China but to reinvigorate the global economy, which has been in a slow recovery. ...
Tags: China's Reform
China is expected to grow at 7.5 percent in 2013, and slow down to 7.4 percent in 2014 and 2015, the European Union's European Commission said in a report on Tuesday. According to the EU, the major risks for the Chinese economy remain ...
Tags: China's Growth, EU
The potential for synchronous global growth could ignite demand for transportation, leading to higher carrier pricing, a recovery of profitability, and the potential for industry consolidation, according to David Newman, a transportation ...
Tags: Transportation, auto
After five tough years, the global economic picture is starting to shape up for the better and Canada is well-positioned to take advantage of the new opportunities, according to David Newman, a transportation market analyst with Cormark ...
Tags: Transportation, Auto Parts, Accessories
China's energy demand growth is expected to slow to 1.8 percent per annum in the 10 years after 2020, a top management member of the State Grid Corporation of China (SGCC) said on Monday. Yang Qing, executive vice president of the ...
Tags: Energy Demand, fuel sources
An agreement amounting more than 500 million U.S. dollars between Greek- Swiss pharmaceutical and clinical research group Sellas Clinicals Holding and Chinese pharmaceutical conglomerate Fosun Pharma for the development and marketing of two ...
According to data released by China's National Bureau of Statistics on October 18, in the first three quarters of this year, China's gross domestic product (GDP) amounted to RMB 38.6762 trillion ($6.32 trillion), growing by 7.7 percent year ...
Tags: Economy, Metallurgy, Mineral, Energy
China's State Council, the country's cabinet, is tackling production overcapacity, according to the government's website on Tuesday. The Guideline to Tackle Serious Production Overcapacity lists five prime sectors with serious ...
Tags: cement, electrolytic aluminium, sheet glass, shipping, steel