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PMI For China's Steel Distribution Sector Dropped to 45.2 Percent in November

Dec 13, 2012

Global Times reported that the purchase management index (PMI) for China's steel distribution sector dropped 5.1 percentage points month-on-month to 45.2 percent in November, which indicates that steel prices may decline further in the ...

Tags: purchase management index, Global Times, steel, Beijing Lange Steel

Henan Institute of Geological Survey Has Found More Than 85,000,000 Tonnes of Bauxite

Dec 13, 2012

It is reported that Henan Institute of Geological Survey has found more than 85,000,000 tonnes of bauxite together with light rare earth resource in. According to the introduction, Henan Institute of Geological Survey found more than ...

Tags: bauxite, mining ressource, ore-seeking

Jeffrey Koo Jr. Has Reportedly Joined Hands with Wang Wen-Yuan

Dec 13, 2012

Taipei, Oct. 16, 2012 (CENS)--Jeffrey Koo Jr., chairman of Chinatrust Charity Foundation, has reportedly joined hands with Wang Wen-yuan, president of Formosa Plastics Group, and a Singaporean private equity fund to spend NT$17.5 billion in ...

Tags: Taipei, Chinatrust Charity Foundation, memorandum of understanding

Outstanding Debt of The Central Government Will Top NT$5.27 Trillion in 2013

Dec 13, 2012

Taipei, Oct. 16, 2012 (CENS)--Outstanding debt of the central government will top NT$5.27 trillion in 2013, 37.1% of the average GNP in the previous three years, a new high. Premier Sean Chen noted yesterday (Oct. 15) that with the ...

Tags: Taipei, debt, GNP, budgeted income

London Copper Edged up Bracing to Finish The Month Higher on Signs

Dec 12, 2012

Reuters reported that London copper edged up bracing to finish the month higher on signs that a recovery in China's economic growth took root in November although worries over Europe and the United States kept gains constrained. Three ...

Tags: copper price, China's economic growth, world's economy

China's Large Copper Smelters Are Offering 2013 Exports of Refined Cathode

Dec 12, 2012

Reuters reported that China's large copper smelters are offering 2013 exports of refined cathode at cheaper premiums ranging from about 12% to 21% less as they compete with major suppliers such as top world producer Codelco boosting supply ...

Tags: copper smelters, copper cathodes, premiums

Chinese Leaders Have Signaled They Will Continue to Support Investment in Iron Ore

Dec 12, 2012

Bloomberg reported that Chinese leaders have signaled they will continue to support investment in iron ore in Western Australia despite the recent slump in demand for the bulk commodity. Beijing's most powerful economic planning agency ...

Tags: Iron Ore, Iron

Minyuan Special Steel Achieved a Total Industrial Output Value of Cny 5.8 Billion

Dec 12, 2012

In the January to November period of the current year, Yongcheng, Henan Province based Chinese steel producer Minyuan Special Steel Co a subsidiary of Henan-based Anyang Iron and Steel Group, achieved a total industrial output value of CNY ...

Tags: steel beams, stainless steel, structural steel, steel scrap buyers

Change Is on 29th November as Compared to 28th November 2012

Dec 12, 2012

Beam #25 Change is on 29th November as compared to 28th November 2012 Change is per tonne USD:CNY = 6.35

Tags: steel beam price, Chinese steel price, steel beam

Change Is on 30th November as Compared to 29th November 2012

Dec 12, 2012

CR 1mm Change is on 30th November as compared to 29th November 2012 Change is per tonne USD:CNY = 6.35

Tags: CR steel, CR steel price, Chinese steel price

Change Is on 29th November as Compared to 28th November 2012

Dec 12, 2012

Angle #5 Change is on 29th November as compared to 28th November 2012 Change is per tonne USD:CNY = 6.35

Tags: steel angle price, chinese steel price, steel angle

Change Is on 29th November as Compared to 28th November 2012

Dec 12, 2012

WRC 6.5mm High Speed Change is on 29th November as compared to 28th November 2012 Change is per tonne USD:CNY = 6.35

Tags: steel wire rod, steel wire rod price, chinese steel price

Change Is on 29th November as Compared to 28th November 2012

Dec 12, 2012

Rebar 20mm HRB 400 Change is on 29th November as compared to 28th November 2012 Change is per tonne USD:CNY = 6.35

Tags: Steel Rebar Prices, Chinese steel price, steel rebar

The Indian Aluminum Cash Price Increased 0.4%

Dec 12, 2012

Metal Miner reported that rising 2.7% the cash price of primary aluminum experienced the biggest change on the LME for November 30th 2012. After a 2.6% increase, the aluminum 3 month price finished the day. The Indian aluminum cash price ...

Tags: price for gold, scrap metal prices, iron ore price news

UC RUSAL Announced Signing MoU with Shandong Xinfa Group

Dec 12, 2012

UC RUSAL announced signing MOU with Shandong Xinfa Group, one of China's largest private aluminium companies, detailing the study of future possible cooperation areas including JV in the aluminium industry. The Memorandum was signed at ...

Tags: aluminium industry, aluminium smelting, alumina, Shandong Xinfa Group