According to data released by China's National Development and Reform Commission (NDRC), the aggregate gross profits realized by the Chinese iron and steel industry totaled RMB84.85 billion in the first eight months of this year, rising by ...
It's reported that China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan announced to remain its list prices for electric furnace (EF) Al-killed wire rods unchanged for October. Also, the company has remained its list prices for ...
Tags: Wire Rod, Construction
The Taiwanese stainless producers may cut stainless steel list prices for October due to decreased demand and weak nickel prices. It's learned that the LME nickel prices jumped to the level of US$14,000/ton in August, supporting Yieh United ...
Tags: taiwan, Stainless Steel, Construction
It's reported that the Taigang Stainless, the largest stainless producers announced to cut domestic prices for austenitic hot rolled and cold rolled stainless coils by RMB500/ton and RMB700/ton respectively for October. After the ...
Tags: Stainless Coil, Construction
According to data released by China's customs, the country's seamless steel pipe exports totaled 451,345 tons in August, rising by 4% from a month ago and also increasing by 4% year on year. Among them, the exports of oil/gas line pipes ...
Tags: Seamless Pipe, Construction
According to data of Taiwan Ministry of Economic Affairs, Taiwan's export orders of basic metal and basic metal products totaled US$2.23 billion in August, falling by 4% from a month ago but rising by 2.1% year on year. In the first eight ...
The China (Shanghai) Pilot Free trade Zone to be launched at the end of this month will be lifting a 13 year ban on game console sales in the zone that is expected to benefit IR LED manufacturers. Internet restrictions will also be lifted ...
Tags: IR LED, Free Trade Zone
To enhance the supply of mineral resources, China has accelerated overseas mining investment, but many operations are still facing a gloomy future, an industry expert said. China has only 13 overseas mines in operation with a total annual ...
Tags: Overseas Mining, Mineral
China's overseas mining investment projects are facing obstacles, while domestic output is steadily increasing to meet the country's demand, experts said on Wednesday. "To further secure mineral resources, China has accelerated overseas ...
Chinese steelmakers should reduce the amount of iron ore they buy through long-term contracts in favor of purchasing from the spot market, through trading platforms, the China Iron & Steel Association said Wednesday. "Mills should ...
Tags: Chemicals
August trade data from China suggests that low platinum prices prompted stronger demand from the country's jewelry sector, analysts with UK banking gain Barclays said Monday. The jewelry sector in Asia is a major end-user of platinum. ...
Tags: Chemicals
Fonterra, a New Zealand-based dairy firm, is stepping towards the launch of its own branded milk formula in China, following the recent allegations that its products contained botulism-causing bacteria. Fonterra CEO Theo Spierings was ...
Tags: Fonterra, Milk Formula
Automotive parts supplier ZF Friedrichshafen has commenced production at its new EUR15m passenger car axle systems plant in Beijing, China. The company will assemble several 10,000 passenger car axle sets annually for its client Beijing ...
Tags: Passenger Car, Axle Systems Plant
Lectra, the world leader in integrated technology solutions dedicated to industries using soft materials—fabrics, leather, technical textiles and composite materials—has presented its strategic vision for Chinese apparel ...
Tags: Lectra, Fashion Business Model
White-box vendors account for more than 80% of total sales of OTT (over the top) STBs (set-top boxes) in the China market, according to industry sources in Taiwan. So far in 2013, monthly OTT STB sales in China average one million units, ...
Tags: OTT STBs, China Market, White-box vendors