Industry & Market
Industry & Market
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Eight Billion People Will Use Smartphones and 100 Billion Terminals Will Be Interconnected
Apr 25, 2014Eight billion people will use smartphones and 100 billion terminals will be interconnected via the internet by 2025, according to Chinese ICT multinational Huawei. This is an eight-fold increase in the number of smartphone users – ...
Tags: Computer Products, Huawei, Smartphone
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Angang Has Ordered a Continuous Hot Dip Galvanizing Line
Apr 25, 2014German plantmaker SMS Siemag has announced that the Chinese steelmaker Angang Steel Company (Angang) has ordered a continuous hot dip galvanizing line. The line will be installed in a new plant near the city of Guangzhou in the province of ...
Tags: Angang Steel, Galvanizing Line
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Ansteel Will Issue Ultra-Short-Term Bonds Worth a Total of RMB 3 Billion
Apr 25, 2014Liaoning Province-based Chinese steelmaker Anshan Iron and Steel Co. (Ansteel) has announced that on April 24 it will issue ultra-short-term bonds worth a total of RMB 3 billion ($489.4 million) for a term of 180 days. China Construction ...
Tags: Ansteel, Iron, steelmaker
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Benxi Steel Achieved a Net Profit of RMB 276 Million in 2013
Apr 25, 2014On April 23, Liaoning Province-based Chinese steelmaker Benxi Iron and Steel (Group) Co. (Benxi Steel or Bengang) announced that in 2013 it registered an operating revenue of RMB 40.329 billion ($6.58 billion), down 0.62 percent year on ...
Tags: Benxi Steel, steelmaker, Iron and Steel
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CISA: CSPI for The Chinese Domestic Market Was at 94.83 Points, Down 1.63% or 1.69%
Apr 25, 2014According to data released by the China Iron and Steel Association (CISA) on April 24, as of the end of March (March 31), the composite steel price index (CSPI) for the Chinese domestic market was at 94.83 points, down 1.63 points or 1.69 ...
Tags: Composite Steel, Iron, Steel
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In 2014, The Xinjiang Smelter Is Expected to Produce About 1.2 Million Mt of Metal, up 33%
Apr 25, 2014China's Shandong Chiping Xinfa Group has raised the aluminum production capacity at its Xinjiang smelter by 550,000 mt/year, or 69%, to 1.35 million mt/year as planned in early April, a company source said Tuesday. The prevailing weak ...
Tags: aluminum, aluminum market
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China's Ministry Has Lifted a Ban on Approvals for New Refinery Projects
Apr 25, 2014China's Ministry of Environmental Protection has lifted a ban on approvals for new refinery projects and upgrades proposed by state-owned companies PetroChina and Sinopec, the ministry announced in a notice posted on its website Wednesday. ...
Tags: Sinopec, PetroChina, New Refinery Approvals
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Domestic Spot Prices of High Carbon Ferrochrome in China Were Unchanged
Apr 25, 2014Domestic spot prices of high carbon ferrochrome (50% basis Cr) in China were unchanged week-on-week at Yuan 6,600-6,800/mt (81-83.5 cents/lb) delivered with 17% VAT on Wednesday as the market waited for May purchase prices from the ...
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The Arkema Group Are Celebrating The Official Opening of Their New Latin America
Apr 25, 2014Coatex and Arkema Coating Resins , two business units of the Arkema group, are celebrating the official opening of their new Latin America application laboratory and technical center in Araçariguama, Brazil on the outskirts of ...
Tags: Construction, Coating, Coating Resins, Resins
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Taiwan-Based Panel Makers Are Expected to Hold an Over 50% Market Share
Apr 24, 2014Taiwan-based panel makers are expected to hold an over 50% market share in the Ultra HD TV panel market in 2014 while Korea-based makers are expected to hold 40%. Taiwan makers' spot comes as they continue to develop new Ultra HD TV ...
Tags: TV Panel, TV Products
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China Solar-Grade Crystalline Silicon Wafer Makers Have Shifted to Tap The Taiwan Market
Apr 24, 2014China-based solar-grade crystalline silicon wafer makers have shifted to tap the Taiwan market where demand from crystalline silicon solar cell makers has remained strong, according to industry sources. Currently in the Taiwan market, ...
Tags: Solar-Grade Wafer, PV demand
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Land Rover Undrapes New Diesel Hybrid SUV in China
Apr 24, 2014British sport utility vehicles (SUV) manufacturer Land Rover has expanded its portfolio with introduction of Range Rover Hybrid Long Wheelbase at the Beijing motor show 2014, which is being held in China. The new SUV, which represents ...
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China Issues Iron Ore Import Licenses for 104.810 Million Mt, up 43.58 Percent in March
Apr 24, 2014On April 23, the China Iron and Steel Association (CISA) announced that in March this year China's Ministry of Commerce issued iron ore import licenses for a total of 104.810 million mt, up 43.58 percent month on month, valued at $12.145 ...
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Liuzhou Steel Recorded a Net Profit of RMB 217 Million,up 76.78 Percent
Apr 24, 2014On April 22, Guangxi Province-based Chinese steelmaker Liuzhou Iron and Steel Co. (Liuzhou Steel) announced that in 2013, its operating revenue amounted to RMB 36.849 billion ($6.011 billion), down 1.15 percent, while it recorded a net ...
Tags: Liuzhou Steel, Iron, Steel
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Chinese Iron Ore Importers Denied They Were Under Pressure to Sell Their Port Stocks
Apr 24, 2014Chinese iron ore importers on Monday denied they were under pressure to sell their port stocks so that they repay their debts to the country's banks, refuting recent local media reports. The importers added that the price of the more than ...
Tags: Iron Ore, steel mills
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