Economy
Economy
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The Chinese Industrial Companies Profits Surged by 17.3% Year on Year
Jan 29, 2013Reportedly, the Chinese industrial companies’ profits surged by 17.3% year on year to RMB 895.2 billion in December 2012, according to data released by the National Bureau of Statistics (NBS). In 2012, the Chinese industrial ...
Tags: industrial companies, China, China economy
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Chung Hung Steel Issued Its Price Policy for February Recently
Jan 28, 2013Chung Hung Steel, one of the major carbon steel product manufacturers in Taiwan issued its price policy for February recently. The company decided to hike its prices for hot rolled and cold rolled steel products by NT$650/ton ...
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SMS Meer Announced That It Will Supply a Wire Rod Outlet for The Special Steel Rolling
Jan 28, 2013German plantmaker SMS Meer has announced that it will supply a wire rod outlet for the special steel rolling mill of Jiangsu Province-based Chinese steelmaker Shenyuan Special Steel. The mill has an annual production capacity of more than ...
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Shijiazhuang Steel Stated That in 2012 The Company Produced 1.7294 Million Mt of Pig Iron
Jan 28, 2013Hebei Province-based Chinese steelmaker Shijiazhuang Iron and Steel Co., a subsidiary of Hebei Iron and Steel Group, has issued its output results for 2012. Accordingly, Wang Liping, general manager of Shijiazhuang Steel, stated that in ...
Tags: Steel produces, crude steel
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Stocks Advanced to New 21-Month High as Investors to Chase Higher-Yielding Investments
Jan 25, 2013Stocks advanced to a new 21-month high yesterday, led by the banking and telecommunications sectors, as investors continued to chase higher-yielding investments. The market, which began the day sluggishly following a disappointing report ...
Tags: Stocks, banking sectors, telecommunications sectors, China
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CSC Raises Its List Prices for Electric Furnace (EF) Al-Killed Wire Rods for February
Jan 25, 2013China Steel Corp. (CSC), the largest carbon steelmaker in China announced to hike its list prices for electric furnace (EF) Al-killed wire rods by NT$500/ton to NT$21,700/ton for February. Meanwhile, the actual selling prices are at ...
Tags: killed wire rod, Steel Corp, steelmaker
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China's Production of Seamless Steel Pipes in 2012 Rises by 9% Year on Year
Jan 25, 2013According to statistic released by the Chinese National Bureau of Statistics (NBS), China’s production of seamless steel pipes totaled 28.2 million tons in 2012, rising by 9% year on year. In last December, China produced 2.5 ...
Tags: seamless steel pipe production, seamless steel pipe, steel pipes
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China Exported Stainless Steel Flat Products in 2012,Decreasing by 8.9% From a Year Ago
Jan 25, 2013According to statistics released by the Chinese customs, China exported 1.52 million tons of stainless steel flat products in 2012, decreasing by 8.9% from a year ago. Among them, the stainless steel flat products exported to Taiwan were ...
Tags: stainless flats, stainless flats exports, stainless steel flat products
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Hebei Steel Mining in 2012 Amounted to RMB 7.2 Billion
Jan 25, 2013On January 23, Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group announced that in 2012 its subsidiary Hebei Iron and Steel Group Mining Co. produced 7.22 million mt of iron ore concentrate, up 2.11 percent year on year. ...
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Minmetals Development Issued Its Financial Results, Indicating a Net Loss of $56 Million
Jan 25, 2013Beijing-based Chinese integrated steel trading and logistics services provider Minmetals Development Co. Ltd has issued its financial results for 2012, indicating a net loss of RMB 350 million ($56 million), compared to a net profit of RMB ...
Tags: Minmetals, steel trading, steel market
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A New Industrial Classification of Economic Activities Was Introduced in 2003
Jan 24, 2013Note: Gross output value of agriculture is obtained by first multiplying the output of each product or by product by its price, resulting in the output value of each single item. For a small number of products, annual output of which is ...
Tags: Output Value, Farming, Forestry, Animal Husbandry, Fishery
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A New Industrial Classification of Economic Activities Was Introduced in 2003
Jan 24, 2013Note: Gross output value of agriculture is obtained by first multiplying the output of each product or by product by its price, resulting in the output value of each single item. For a small number of products, annual output of which is ...
Tags: Output Value, Farming, Forestry, Animal Husbandry, Fishery
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In 2013 China's Auto Sales Will Reach 20.65 Million Units, Increasing by Seven Percent
Jan 24, 2013In 2012, Chinese production and sales of automotive vehicles amounted to 19.2718 million units and 19.3064 million units, up by 4.63 percent and 4.33 percent year on year respectively, as stated by the China Association of Automobile ...
Tags: auto sales, automotive vehicles, automotive vehicles industry
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A 4.4 Percent Year-on-Year Decrease Was Recorded in Basic Metal Manufacturing Output
Jan 24, 2013Taiwan's industrial production index in December 2012 climbed by 2.4 percent as compared to December 2011 after rising by a revised 5.9 percent year on year in November, and was down 2.55 percent month on month, according to the country's ...
Tags: basic metal output, basic metal, basic metal manufacturing
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The Heavy Oil Price Is up
Jan 24, 2013The heavy oil price is up. The soda ash and heavy oil price are respectively 1300 yuan per ton and 4600 yuan per tons which are flatted and 150 yuan per ton than last month. It is expected that, the demand will weaken seasonally. Whether ...
Tags: Heavy Oil Price, Glass, Heavy Oil
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