Industry & Market
Industry & Market
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Baosteel Stainless Announced to Raise Its Export Prices
Dec 17, 2013It's reported that Baosteel Stainless, the second largest stainless producer in China announced to raise its export prices for austenitic stainless steel coils by US$50/ton in order to reflect higher nickel prices. After the adjustment, the ...
Tags: Construction, steel, Metallurgy, Mineral
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Wisco Has Successfully Developed 18mm X70 Grade High Frequency Straight Slit Welded Pipe
Dec 17, 2013Wuhan Iron and Steel Corp. (Wisco), a super large state-owned iron and steel producer in Wuhan, Hubei Province China has successfully developed 18mm X70 grade high frequency straight slit welded pipe to fulfill qualified international ...
Tags: Grade Welded Pipe, Welded Pipe, Construction
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Taiwanese CSC Targets to Cost Down by NT$3.7 billion in 2014 by Using Those Tactics
Dec 17, 2013Taiwanese China Steel Corp. (CSC) said the current global steel market is still in the situation of supply exceeds demand; therefore, cost down has already become one of the strategies for the company to hold leading position in the market. ...
Tags: taiwan, Metallurgy, Mineral, Energy
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Renault Agrees with DFG to Create Joint Venture Company, DRAC
Dec 17, 2013French carmaker Renault has entered into an agreement with Chinese Dongfeng Motor (DFG) to create a new joint venture company, Dongfeng Renault Automotive Company (DRAC), with an investment of EUR870m for localized production in China. ...
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China's Industrial Output and Investment Growth Cooled in November
Dec 16, 2013China's industrial output and investment growth cooled in November while retail sales unexpectedly picked up, presenting a mixed growth picture. The output from industrial enterprises with annual sales of more than 20 million yuan ($3.29 ...
Tags: economy, industrial output, Retail sales
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Harvatek Begins Achieving Profit in 2013
Dec 16, 2013Taiwanese package manufacturer Harvatek operational performance strengthened during the second half of 2013. The company hopes profit gain in 3Q13 will carry on into 4Q13, said Billy Wang, Chairman of Harvatek. The company hopes to maintain ...
Tags: Harvatek, Billy Wang, profit, profitable performance
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Using Hands Full with New LED Patents and Government Subsidies
Dec 16, 2013Nationstar announced the company's acquirement of two LED manufacturing patents as well as two district government subsidies for subsidiary Foshan Nationstar Optoelectronics totaling RMB 10.24 million (US $1.7 million) in a report on Dec, ...
Tags: Nationstar, LED, manufacturing patents, government subsidies
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Platts Assessed Spot Price of 98.5% 553-Grade Silicon Metal at $2,000-2,050/Mt FOB China
Dec 16, 2013Platts assessed the spot price of 98.5% 553-grade silicon metal at $2,000-2,050/mt FOB China Thursday, unchanged week on week, as buying interest stayed scant as offer prices from Chinese sellers rose. This week a Chinese producer with ...
Tags: Asia Silicon, silicon metal, spot price
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Machinery Parts - Good Machines Depend on Good Parts
Dec 16, 2013Today, many people build and run small CNC machining shops in their own garages or basements. This is an area of tremendous interest for many hobbyists looking for a new challenge. From creating its own metal fabrications and wood crafts to ...
Tags: Machinery Parts, CNC Machining Parts, Stamping Parts, Casting Parts
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An Oil Shale Mine with Reserves of More Than 1 Billion Metric Tons Has Been Found
Dec 16, 2013An oil shale mine with reserves of more than 1 billion metric tons has been found in Dongning, a county in Heilongjiang province, Xinhua News Agency reported on Thursday. The county's land and resources bureau said the mine was found ...
Tags: oil shale, oil shale mine, Heilongjiang, geological survey
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PetroChina Has Signed a Purchase Contract with Datang International Power Generation
Dec 16, 2013State-owned PetroChina has signed a purchase contract with Datang International Power Generation for natural gas supply into Beijing, PetroChina said Thursday. Under the contract, Datang will supply 4 million cubic meters/day of natural ...
Tags: PetroChina, Datang, Gas Supply, Beijing
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WISCO's X70 Welded Pipe for Application in Slurry Transportation Reached Advanced Standard
Dec 16, 2013On December 12, Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Co. (WISCO) has announced that its 18 mm X70 grade high-frequency straight-slit welded pipe for application in slurry transportation has reached advanced ...
Tags: Welded Pipe, Mineral
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China's Overall Fixed Asset Investments in Its Railways Increased by 0.9% in Jan-Nov
Dec 16, 2013China's overall fixed asset investments in its railways totaled RMB 511.3 billion ($83.5 billion) in the first 11 months of the current year, up 0.9 percent year on year, according to the figures issued by China Railway Corporation (CR) on ...
Tags: railways, investment
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Xining Special Steel Agreed with Partners to Increase The Capital of Their Coal Company
Dec 16, 2013Qinghai Province-based Chinese steelmaker Xining Special Steel Co. has announced that it has agreed with its two partners, Shandong Energy Feicheng Mining Group Co. and Lanzhou Coal Mine Supporting Materials Co. to increase the capital of ...
Tags: steel, metallurgy
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Are LEDs Lifespan Also Becoming Much Shorter?
Dec 16, 2013How long can LED lasts? As product prices are reduced, are LEDs lifespan also becoming much shorter? Some in the LED industry have boldly stated: "A person only needs a single LED lamp through their entire life. But in this fast paced ...
Tags: LED Products, LED Lamp, LED Industry
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