Industry & Market
Industry & Market
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Foton Remains Leading The Industry Ahead
Dec 26, 2013Despite of a depressed Chinese commercial vehicle market, Foton remains leading the industry ahead. It is estimated Foton will receive a rewarding year by over 660,000 units of production and sales. It is worthy of noticing that Foton, the ...
Tags: transportation, Foton
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Tangshan Iron and Steel Group Co Ltd Is Leading The Effort to Go Abroad
Dec 26, 2013Tangshan Iron and Steel Group Co Ltd is leading the effort to go abroad as the country's steel and iron industry struggles with overcapacity, reports Du Juan from Tangshan, Hebei province Against the background of the overcapacity problem ...
Tags: Steel Capacity, Mineral
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The Deal Was Won by CRCC and Algerian Consortium SAPTA
Dec 26, 2013China Railway Construction Corp, the second-largest State-owned construction enterprise in China, announced on Tuesday that it signed a deal to connect Algeria's Bejaia port to its East-West Highway. The deal was won by CRCC and Algerian ...
Tags: Railway Corp, Algerian Contract
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Thermal Coal Imports Were up 15% From The Four-Month Low Reported for October
Dec 26, 2013Chinese imports of bituminous and sub-bituminous thermal coal in November fell 11% year on year to 12.8 million mt, customs statistics showed Tuesday. Thermal coal imports were up 15% from the four-month low reported for October, the data ...
Tags: Thermal Coal, Mineral
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Ministry of Commerce on Monday Said It Expected Steady Overseas Demand for Rare Earths
Dec 26, 2013China's Ministry of Commerce on Monday said it expected steady overseas demand for rare earths to continue next year. The ministry made the statement while announcing the first round of 2014 export quotas for non-ferrous metals including ...
Tags: Rare Earths
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China Will Impose a Tiered Power Pricing System on Aluminum Smelters From Jan. 1
Dec 26, 2013China will impose a tiered power pricing system on aluminum smelters from Jan. 1 to cut overcapacity, the National Development and Reform Commission (NDRC) said on Monday. Power prices will stay unchanged for smelters that do not use more ...
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The Chinese Steel Industry's Margin Reached at 0.48% in The January-November Period
Dec 26, 2013Reportedly, Zhang Changfu, the vice chairman and secretary general of the China Iron & Steel Association (CISA) said that the Chinese steel industry’s margin reached at 0.48% in the January-November period due to increasing steel ...
Tags: steel, metallurgy
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Taiwanese CSBC May Start to Purchase Chinese Plates in The Coming Future
Dec 26, 2013Because Taiwan's government may allow China's steel plates can free import to Taiwan without conditional, it pushed Taiwan's China Steel Corp. (CSC) has to think about new market strategy to secure its customers. CSBC Corp., one of the ...
Tags: steel, metallurgy
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Ansteel Signed Strategic Cooperation Agreement with CSCEC
Dec 26, 2013Liaoning Province-based Chinese steelmaker Anshan Iron and Steel Group Co. (Ansteel) announced on December 23 that it has signed strategic cooperation agreement with China State Construction Engineering Corporation (CSCEC), which is one of ...
Tags: steel, metallurgy
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China Mobile Officially Launched 4G, No iPhone
Dec 26, 2013China Mobile has held its Global Partners Conference in Guangzhou, which started on December 17 with the Main Forum on December 18. At the conference, China Mobile officially released its 4G business development plan and commercial main ...
Tags: China Mobile, 4G, iPhone
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Overall Average Finished Steel Price in China Maintained Upward Trend
Dec 26, 2013China's Ministry of Commerce (MOC) has announced that during last week (Dec.16- 22) the overall average finished steel price in China maintained upward trend for the fifth consecutive week. In the given week, average prices of 10 mm ...
Tags: steel, metallurgy
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The Inventory of Iron Ore Increased by 1.86% Week on Week at Chinese Ports
Dec 26, 2013As of December 23, inventory of iron ore at 25 major Chinese ports amounted to 85.403 million mt, indicating an increase of 1.559 million mt or 1.86 percent week on week, as announced by China's Xinhua News Agency. As of the same date, ...
Tags: iron ore, metallurgy
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As Falling Prices for LED Lighting Systems Drive up Adoption Rates of LED Lamps
Dec 26, 2013As falling prices for LED lighting systems drive up adoption rates of LED lamps in the coming years, the adoption of intelligent lighting controls is also expected to accelerate. Intelligent lighting controls, including occupancy sensors, ...
Tags: LED Lighting, Smart Controllers
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Production Line Model in Suzhou Factory Was Established by Lextar for LED Manufacturer
Dec 25, 2013LED manufacturer Lextar’s Suzhou factory has begun die manufacturing on top of existing package and wire bonding production. The Suzhou factory will introduce an estimated 16 MOCVD to produce 60,000 2 inch dies a month. Adding on the ...
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Chinese Imports of Copper Ores and Concentrates in November Rose 10.6% Year on Year
Dec 25, 2013Chinese imports of copper ores and concentrates in November rose 10.6% year on year to 920,000 mt, according to latest statistics published by the General Administration of Customs Saturday. The November figure, however, was 2.1% lower ...
Tags: copper ore, mineral
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