Industry & Market
Industry & Market
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China's Crude Steel Output Amounted to 480.76 Million Mt, up 2.7 Percent Year on Year
Aug 27, 2014In the January-July period of the current year, China's crude steel output amounted to 480.76 million mt, up 2.7 percent year on year, as announced by China's National Development and Reform Commission (NDRC) on August 25. The growth rate ...
Tags: China's Crude Steel, Output, Metallurgy
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Fujian Sangang Issued Its Financial Results for The First Half of The Current Year
Aug 27, 2014Fujian Province-based Chinese steelmaker Fujian Sangang (Group) Co. issued its financial results for the first half of the current year on August 25, announcing a net loss of RMB 43.1284 million ($7.01 million) compared to a net loss of RMB ...
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Assumptions About The Direction and Dynamics of The Iron Ore Market Have Been Tested
Aug 27, 2014Long held assumptions about the direction and dynamics of the iron ore market have been severely tested in 2014. After hitting a high of $158.90 in February, the industry was jolted on March 10, when iron ore suffered the worst one-day ...
Tags: Iron Ore, raw material
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China's New Hope Is Seeking to Build Food Processing Factories Overseas
Aug 27, 2014China's New Hope is seeking to build food processing factories overseas, mainly in Southeast Asia, with an estimated outlay of $500m over the next five years. New Hope vice-president Wang Hang was quoted by South China Morning Post as ...
Tags: New Hope, Processing Factories, Food
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Offers for Spot Aluminum Alloy ADC12 Rebounded
Aug 27, 2014Offers for Chinese domestic spot aluminum alloy ADC12 rebounded Tuesday, mainly on higher primary aluminum ingot prices despite no significant change in physical buying interest during the current summer lull, industry sources said. ...
Tags: Aluminum Alloy, Mineral
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Baosteel Has Issued Its Financial Report for The First Half of The Current Year
Aug 26, 2014Shanghai-based Chinese steelmaker Baoshan Iron and Steel Co. Ltd (Baosteel) has issued its financial report for the first half of the current year, stating that in the given period it achieved an operating revenue of RMB 97.598 billion ...
Tags: Baosteel, Financial Report, Metallurgy
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Tera Xtal Technology to Expand PSS Production Capacity From 100,000 Units to 200,000 Units
Aug 26, 2014Sapphire maker Tera Xtal Technology will expand its PSS (patterned sapphire substrate) monthly production capacity from 100,000 units currently to 200,000 units by the end of 2014 due to fast growing demand for LED lighting, according to a ...
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Exports of Shacman M3000 LNG Heavy Trucks Hit Record High in The First Half Year
Aug 26, 2014Exports of Shacman M3000 LNG heavy trucks hit record high in the first half year, and the truck was also awarded 2012 China best logistics technical device. Shacman has made great contribution after 44 years history and efforts on heavy ...
Tags: Shacman M3000, Trucks, Auto Parts
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Revenues Rose Marginally by 1.8 Percent at Xtep International Holdings Limited
Aug 26, 2014Revenues rose marginally by 1.8 percent at China-based sportswear marketer Xtep International Holdings Limited for six months ending June 30, 2014. At a press conference attended by Ding Shui Po and Terry Ho, CEO and CFO, respectively at ...
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2-Tier Motherboard Makers Forced to Hike Prices
Aug 26, 2014Second-tier motherboard makers have been forced to hike their prices in the China market as the ongoing probe into possible tax evasions by the China government has pushed up operation costs for suppliers, according to industry sources. ...
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Fonterra Signed an Agreement with Abbott to Develop a Proposed Dairy Farm Hub in China
Aug 25, 2014Fonterra to develop third dairy farm hub in China New Zealand-based global dairy giant Fonterra Co-operative Group Ltd (Fonterra) has announced it has signed an agreement with US pharmaceutical and health care company Abbott Laboratories ...
Tags: Fonterra, a proposed dairy farm hub, Food
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Heinz Has Said It Will Tighten Controls Over Ingredients Suppliers in China
Aug 25, 2014Lead scare causes Heinz recall of infant cereal products in China US-based food manufacturer H.J. Heinz Co. (Heinz) has said it will tighten controls over ingredients suppliers in China after it was forced to recall some infant food ...
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The Increase in Chinese Trade Surplus Shows Countries Resumed Their Opposite Growth Paths
Aug 25, 2014The surgeA transient variation in the current and/or potential at a point in the circuit. in the U.S. trade deficit in manufactures in the second quarter of 2014 and the increase in the Chinese trade surplus shows the countries have resumed ...
Tags: US, China, Electrical
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CMA Have Added The Duraturn Brand of Consumer and Commercial Tires
Aug 25, 2014Double Coin Holdings Ltd. and its American subsidiary, China Manufacturers Alliance LLC (CMA), have added the Duraturn brand of consumer and commercial tires. Duratrun tire models include Mozzo, Travia and ST Radial in the consumer tire ...
Tags: CMA, Duraturn Brand, Auto Parts
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China-Based TV Vendors Extending Markets Abroad
Aug 25, 2014China-based TV vendors are extending efforts to promote their products in markets abroad, and expect lower-priced units will be most popular in China during the second half of 2014. Industry sources revealed that as LCD TV demand in China ...
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