Industry & Market
Industry & Market
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FAW Jiefang Qingdao Holds a Launching Ceremony for Long V and Hu V in Beijing
Sep 26, 2013www.chinatrucks.com: On September 23, FAW Jiefang Qingdao Automobile Co., Ltd holds a launching ceremony for Long V and Hu V in Beijing. Leaders attending the ceremony include Cui Mingqi, assistant to general manager of FAW Jiefang Qingdao, ...
Tags: Transportation, truck
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China Has This Week Ordered 58 Companies to Cut Excess Production Capacity
Sep 26, 2013China has this week ordered 58 companies, ranging from steel, coke and cement producers, to cut excess production capacity by the end of the year, in the latest attempt to ease overcapacity in bloated sectors. This is the third batch of ...
Tags: Overcapacity, Metallurgy
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Stockpiles of Iron Ore at 25 Major Chinese Ports Declined Last Week
Sep 26, 2013Stockpiles of iron ore at 25 major Chinese ports declined last week, according to Tuesday's Xinhua-China iron ore index report. Inventories of imported iron ore stood at 74.32 million tonnes from Sept. 17 to 23, down 990,000 tonnes or ...
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Cargill Inaugurates a $250m Poultry Operation in Lai'an, Anhui Province, China
Sep 26, 2013Cargill, a US-based agribusiness company, has inaugurated a $250m poultry operation in Lai’an, Anhui province, China, as part of its efforts to support the modernization of agriculture and food safety in the country. The project ...
Tags: Cargill
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Smithfield Foods Announced That Its Shareholders Vote in Favor of Proposed Merger
Sep 26, 2013Smithfield Foods announced that its shareholders have voted in favor of proposed merger with China's Shuanghui International for $4.7bn, in a development which will be the largest ever takeover of a US company by a Chinese firm. At a ...
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The Analysts Forecast The Global Cover Glass Market to Grow at a CAGR of 21.8 Percent
Sep 25, 2013The analysts forecast the Global Cover Glass market to grow at a CAGR of 21.8 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing adoption of mobile phones. The Global Cover Glass ...
Tags: Glass, Construction
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China's Rebar Output Totaled 18 Million Tons in August,Rising by 1.8% From a Month Ago
Sep 25, 2013According to data released by China's National Bureau of Statistics (NBS), the country's rebar output totaled 18 million tons in August, rising by 1.8% from a month ago and soaring by 13.9% year on year. Besides, the country's rebar output ...
Tags: Rebar, Construction
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The Chinese Steelmaker Remained The HRC Export Prices to Vietnam Unchanged
Sep 25, 2013It's reported that the Chinese steel mills started price negotiation for hot rolled coils with the Vietnamese buyers for October and November deliveries. The Chinese steelmakers planned to raise the HRC prices slightly but the price rise ...
Tags: HRC, Construction
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China's Production of Welded Steel Pipes Rose Slightly in August
Sep 25, 2013According to data released by the National Bureau of Statistics (NBS), China's production of welded steel pipes rose slightly from July's 4.23 million tons to 4.44 million tons in August, reflecting improved demand. In August, the daily ...
Tags: Welded Steel Pipe, Construction
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CSC Offered The Electric Furnace Al-Killed Wire Rod in March,2009
Sep 25, 2013Dragon Steel, a subsidiary of China Steel Corp. (CSC), offered the electric furnace (EF) Al-killed wire rod in March, 2009. However, the quality is not stable in the beginning period of time. In order to solve the problem, CSC added the ...
Tags: Wire Rod, Construction
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Yusco Mulls to Buy Outokumpu's Subsidiary Stainless Steel Plant AST in Terni
Sep 25, 2013Reportedly, Taiwan's stainless steel producer Yieh United Steel Corp (Yusco) mulls to buy Outokumpu's subsidiary stainless steel plant Acciai Speciali Terni (AST) in Terni, Italy, attempting to expand its global layout. AST was put up for ...
Tags: taiwan, steel, Construction
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Suntech Saw 37 Solar Power Stations Invested by Global Solar Fund
Sep 25, 2013Chinese solar cell and module maker Suntech Power Holdings Co., Ltd. (NYSE: STP) saw 37 solar power stations invested by a subsidiary namely Global Solar Fund S.C.A. SICAR (GSF) in Italy be sealed up recently. The New York-listed firm ...
Tags: Metallurgy, Mineral, Energy
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China Will Adopt The Principle That Polluters Pay and Large Oil Consumers Assume More
Sep 25, 2013China will adopt the principle that polluters pay and large oil consumers assume more in the quality upgrade of finished oil, according to the policy issued by the National Development and Reform Commission (NDRC) on September 23. Upgrade ...
Tags: Metallurgy, Mineral, Energy, oil
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Jinfeng Investment's Controlling Shareholder Is Talking with Greenland
Sep 25, 2013Shanghai Jinfeng Investment announced on September 23 that its controlling shareholder Shanghai Land (Group) is talking with Greenland Group Holdings and its other shareholders on a significant assets restructuring. From the current ...
Tags: Electrical, Electronics
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Cooperation Will Be Formed with NBA to Become One of The Major Partners of The Latter
Sep 25, 2013At PT/Expo COMM China 2013, executive director and executive vice president of ZTE Corporation (SEHK: 0763 and SZSE: 000063) told reporters that cooperation will be formed with NBA to become one of the major partners of the latter. ...
Tags: ZTE, NBA, Electrical, Electronics
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