Economy
Economy
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In April, China's Manufacturing Purchasing Managers Index (PMI) Was 50.6 Percent
May 3, 2013China's PMI Decreased in April National Bureau of Statistics of China 2013-05-02 16:35:49 Department of Service Statistics of NBS China Federation of Logistics and Purchases (CFLP) In April, China's manufacturing purchasing ...
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Inventory of The Main Finished Steel Products Is Down 607,000 Mt Week on Week
May 3, 2013As of April 26, inventory of the main finished steel products (plate, hot rolled coil (HRC), cold rolled coil (CRC), rebar and wire rod) in the major steel markets in China totaled 20.236 million mt, down 607,000 mt week on week and ...
Tags: Finished Steel Inventory, Mineral
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Rodex Fasteners's Taiwanese Plant's Sales Profit Will Stay Flat in Q1 of This Year
May 2, 2013Rodex Fasteners Corp., one of the major stainless steel fasteners manufacturers in Taiwan said that its Taiwanese plant's sales profit will stay flat in the first quarter of this year. However, the rising demand from European market may ...
Tags: Rodex Fasteners Corp, Service
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The Taiwanese Steel Pipe Makers Are Going to Release Price Policy for May
May 2, 2013Reportedly, the Taiwanese steel pipe makers are going to release price policy for May. Industry sources said that the Taiwanese steel pipe makers might cut prices by NT$700~NT$800/ton for May in order to reflect lower raw material prices. ...
Tags: Steel Pipe, Steel
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Taigang Stainless Cuts Its Domestic Prices for Its Austenitic HRC and CRC
May 2, 2013It’s reported that Taigang Stainless, the largest stainless steel producer in China announced to cut its domestic prices for its austenitic hot rolled coils and cold rolled coils by RMB700/ton and RMB1,100/ton for May deliveries in ...
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Stocks of Stainless Steel Products in The Chinese Foshan Market in April,Falling by 4.27%
May 2, 2013According to local sources, the stocks of stainless steel products totaled 144,689 tons in the Chinese Foshan market in the second 10 days of April, falling by 4.27% from the previous 10 days. Among them, 72,269 tons were cold rolled ...
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The Purchasing Manager's Survey Is a Monthly Survey
May 2, 20131. Explanatory Notes China non-manufacturing purchasing manager index system constituted by 10 sub-indices, they are business activity index, new orders index, new export orders index in hand orders index, stock index, intermediate input ...
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China Saw The Increment of Funds Outstanding for Foreign Exchange Reach CNY1.2 Trillion
May 1, 2013China saw the increment of funds outstanding for foreign exchange (FOFE) reach a new high of CNY 1.2 trillion in the first quarter of this year. According to data released by the People's Bank of China (PBOC), the central bank, on April ...
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Petrochina Q1 Net Down 8 Percent Year on Year or up 27 Percent Quarter on Quarter
Apr 30, 2013PetroChina Company posts that it made CNY 36.02 billion net profits in the first quarter this year, down 8 percent year on year or up 27 percent quarter on quarter; it recorded CNY 0.2 earnings per share. The company produced 231 million ...
Tags: Petrochina, Metallurgy, Mineral, Energy
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It Was Assessed by SunSirs That in The Tracked 100 Spot Commodities
Apr 30, 2013It was assessed by SunSirs that in the tracked 100 spot commodities,10 commodities increased in prices, 28 fell and 62 remained unchanged on 19/04/2013.The largest rises were Silver (1.44%),Nickel (0.80%),Styrene (0.67%),while the largest ...
Tags: Spot Commodities
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Foreign Banks Continue Selling Stake in Chinese Lenders
Apr 29, 2013Foreign banks continue selling stake in Chinese lenders due to uncertainties of the Chinese economy. Sources said recently that HSBC would sell an eight percent stake in Bank of Shanghai, a city-level commercial lender in the Chinese ...
Tags: Foreign Bank, bank, economy
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The Industrial Profits of Enterprises Above Designated Size Achieved 464.9bn Yuan
Apr 28, 2013Industrial Profits Increased from January to March National Bureau of Statistics of China 2013-04-27 16:23:19 From January to March, the industrial profits of enterprises above designated size achieved 1,174.0 billion yuan, an increase of ...
Tags: economy, Industrial Profits
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Taiwan Imported Small-Diameter Wire Rods in March,Soaring by 65.5% From a Month Ago
Apr 27, 2013According to statistics, Taiwan imported 15,266 tons of small-diameter wire rods (with diameters less than 14mm) in March, soaring by 65.5% from a month ago. Meanwhile, the export prices of small-diameter wire rods averaged at ...
Tags: Small-Diameter Wire Rods, Small-Diameter Wire Rods Prices
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China's Q1 Butadiene Imports Rocket 162% on Year
Apr 27, 2013China's Q1 imports of butadiene soared by 162% to 136,239 mt against 52,081 mt in the corresponding three months of 2012, General Administration of Customs data released late Tuesday showed. But the surge in China's imports has dampened ...
Tags: Butadiene Imports, Butadiene
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