Industry & Market
Industry & Market
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Soybean Imports Are Likely to Rise to a New High in The 2013-14 Market Year
Oct 30, 2013Soybean imports are likely to rise to a new high in the 2013-14 market year (September 2013 to August 2014) following a drop in domestic output and greater demand for animal feed and edible oil. Heilongjiang province in Northeast China, ...
Tags: Soybean Imports, Soybean Demand
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Chinese Companies Are Aiming to Cut Costs and Enhance Efficiencies
Oct 30, 2013Chinese companies are aiming to cut costs and enhance efficiencies as they become more familiar with shale gas development in the country, delegates at an unconventional gas conference said in Beijing this week. State-owned Sinopec has ...
Tags: Oil, Metallurgy, Mineral, Energy
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China's Energy Demand Growth Is Expected to Slow to 1.8 Percent Per Annum in The 10 Years
Oct 30, 2013China's energy demand growth is expected to slow to 1.8 percent per annum in the 10 years after 2020, a top management member of the State Grid Corporation of China (SGCC) said on Monday. Yang Qing, executive vice president of the ...
Tags: Energy Demand, fuel sources
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China's National Energy Administration to Award More Crude Import Quotas
Oct 30, 2013China's National Energy Administration is seeking recommendations and consulting the refining sector on a proposal to award more crude import quotas in the country. In a report on Friday, Chinese newspaper 21st Century Business Herald ...
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China's Software Industry Generated Revenues of CNY2.284 Trillion
Oct 30, 2013China's software industry generated revenues of CNY2.284 trillion (US$370 billion) in January-September 2013, growing 23.7% on year, according to the Ministry of Industry and Information Technology (MIIT). Exports of software products and ...
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A New Stainless Steel Industrial Park Starts Construction in Lanzhou New Area
Oct 30, 2013It's reported that a new stainless steel industrial park starts construction in Lanzhou New Area in China's Gansu province. This new investment will cost about 0.49 billion and expert to provide 2490 jobs opportunities. There are mainly 4 ...
Tags: Stainless Steel, Construction
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Elech-Tech Could Continue Increases
Oct 30, 2013Chinese LED manufacturer Elec-Tech released their 3Q financial report on October 29th, 2013. Revenue for 3Q reached RMB 916 million (US $150 million), a growth of 27.15 percent compared to 3Q last year, a gross profit margin of RMB 2.44 ...
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Love Affair With The Office Chair
Oct 30, 2013An office chair, or desk chair, is a type of chair that is designed for use at a desk in an office. It is usually adjustable and has a set of wheels. Office chairs were developed around the mid-19th century as more workers spent their ...
Tags: office chair, Furniture, Furnishing
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Taiwanese Stainless Steelmakers Have Planned to Raise Its List Prices for November
Oct 30, 2013It's reported that the Taiwanese stainless steel mills including Yieh United Steel Corp. (Yusco) and Tang Eng have planned to raise its list prices by around NT$1,000/ton for November, driven by higher nickel prices. However, market ...
Tags: Stainless, taiwan, Construction
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Taigang Stainless Announced to Leave Its Prices for Stainless Steel Unchanged for November
Oct 30, 2013It's reported that Taigang Stainless, the largest stainless steel producer in China announced to leave its list prices for all stainless steel products unchanged for November. After the announcement, its list prices for 304 grades cold ...
Tags: Stainless, steel, Construction
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WISCO Has Announced The Financial Results for The First Three Quarters of The Current Year
Oct 30, 2013Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Corp. (WISCO) has announced the financial results for the first three quarters of the current year of its listed subsidiary Wuhan Iron and Steel Co. Ltd. Accordingly, in ...
Tags: Iron, Steel, Metallurgy, Mineral, Energy
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MOC Announced That The Overall Average Finished Steel Price Declined by 0.3 Percent
Oct 30, 2013China's Ministry of Commerce (MOC) announced that during last week (Oct. 21-27) the overall average finished steel price in China declined by 0.3 percent week on week. In the given week, average prices of 50 mm x 50 mm equal angle, 12 mm ...
Tags: Finished Steel, Steel Plate, Steel Price
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Southeast Asia May Be The Next Growth Market for Energy Comparable to China and India
Oct 30, 2013Southeast Asia may be the next growth market for energy comparable to China and India, industry players said at an energy industry forum on Monday. Fatih Birol, chief economist of the inter-governmental International Energy Agency, said ...
Tags: Metallurgy, Mineral, Energy
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Fonterra Plans to Introduce Baby Milk Formula in China
Oct 30, 2013Fonterra, a New Zealand-based dairy co-operative, plans to introduce baby milk formula in China, with a pilot project already beginning in the city of Guangzhou. The nationwide sale of Anmum-brand infant milk powder is expected to begin ...
Tags: Agriculture, Food, milk
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Shougang Announced That Its Operating Revenues Totaled RMB7.001 Billion for Jan-Sept
Oct 30, 2013It's reported that the Chinese steelmaker Shougang announced that its operating revenues totaled RMB7.001 billion in January-September period, falling by 11.05% year on year. Meanwhile, Shougang posted a net loss of RMB391 million for the ...
Tags: steel, Construction
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