China Industry & Market News by Made-in-China.com

It Was Assessed by SunSirs That in The Tracked 100 Spot Commodities

Aug 5, 2013

It was assessed by SunSirs that in the tracked 100 spot commodities,30 commodities increased in prices, 21 fell and 49 remained unchanged on 01/08/2013.The largest rises were BR (2.66%),Copper (1.80%),Nickel (1.44%),while the largest falls ...

Tags: Spot Commodities

Turnover Increased 18.4 Percent to a Record High of HK$5 Billion in The First Six Months

Aug 5, 2013

Xinyi Glass (0868) said yesterday interim net profit surged 110 percent to HK$1 billion from a year earlier due to robust demand for float glass and energy-saving construction glass in the mainland. Turnover increased 18.4 percent to a ...

Tags: Glassmaker, Xinyi Glass

Shagang Announces to Raise Its Domestic Prices for Hot Rolled Coil

Aug 5, 2013

The Chinese steelmaker Shagang announced to raise its domestic prices for hot rolled coil (HRC) by RMB170/ton for August. After the adjustment, its list prices for Q235 HRC with thickness of 5.5mm are at RMB3, 700/ton with 17% VAT. ...

Tags: steelmaker, Chinese Shagang

Taigang Stainless Announces to Remain Its Domestic Prices for August

Aug 5, 2013

Taigang Stainless, the largest stainless producer in China announced to remain its domestic prices for austenitic and ferritic hot rolled and cold rolled coils unchanged for August. After announcement, its ex-work prices for 304 grade hot ...

Tags: Taigang Stainless, Stainless Coil

Yieh Hsing Announces to Raise Its List Prices for Wire Rods

Aug 5, 2013

It’s reported that Yieh Hsing, one of the major wire rod producers in Taiwan announced to raise its list prices for wire rods by NT$300/ton averagely for August. Yieh Hsing stated that it decided to raise wire rod prices for ...

Tags: Yieh Hsing, Wire Rod

Shagang Announces to Raise Its Rebar Ex-Work Prices by RMB50/Ton

Aug 5, 2013

It’s reported that the Chinese steelmaker Shagang announced to raise its rebar ex-work prices by RMB50/ton for the deliveries during August 1st and 10th. Meanwhile, the company has hiked its rebar prices for consecutive three times. ...

Tags: Rebar Prices, Mineral

GE Announced That Dishang Group Will Bring Complete Solutions for Creating Apparel

Aug 5, 2013

GE announced today that Dishang Group — China's largest garment manufacturer and exporter of apparel and textiles — will bring complete solutions for creating apparel for customers using GE's (NYSE: GE) award-winning eVent ...

Tags: Textile, Apparel

China's Exports of Seamless Steel Pipes Decrease by 9%

Aug 5, 2013

According to data released by China Customs, China’s exports of seamless steel pipes totaled 425,632 tons in June, decreasing by 9% from a month ago and falling by 12% year on year. In the first half of this year, the ...

Tags: Seamless Pipes, Mineral

TISCO Will Issue Its Third Tranche of Short-Term Bonds

Aug 5, 2013

On July 31, Shanxi Province-based Chinese stainless steel producer Taigang Stainless Steel Co., a subsidiary of Taiyuan Iron and Steel (Group) Co. (TISCO), announced that it will issue its third tranche of short-term bonds for the current ...

Tags: Stainless Steel, Mineral

After Acquising Thyssenkrupp Worthington Purchases Majority Share of TWB

Aug 5, 2013

Columbus, Ohio-based Worthington Industries announced Wednesday that it closed on an agreement with Wuhan Iron and Steel Company (WISCO) to become the majority member in Tailor Welded Blanks (TWB), its laser welded blanking joint venture. ...

Tags: Worthington, Thyssenkrupp

WISCO Plans to Issue Medium-Term Notes Worth RMB 7 Billion ($1.13 Billion) on August 7

Aug 5, 2013

Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Corporation(WISCO) has announced that it plans to issue medium-term notes worth RMB 7 billion ($1.13 billion) on August 7. The period of issuance of the medium-term notes ...

Tags: WISCO, steelmaker

Marl International Has Started a Bilateral Engineering Partnership

Aug 5, 2013

Marl International has started a bilateral engineering partnership with California-based LED lighting manufacturer Bivar Inc. under which the two companies will combine design resources and share IP to bring innovative LED lighting and ...

Tags: LED Lighting, LED, lights

PMI of China's Steel Sector Increased to 52.5 Percent in July

Aug 5, 2013

In July this year, the purchasing managers' index (PMI) of China's steel sector increased to 52.5 percent, exceeding 50 percent for only the second time since February this year, as announced by the China Steel Logistics Committee (CSLC) ...

Tags: Steel Sector, Mineral

The Average Prices of Residential Housing in China Increased by 0.87 Percent

Aug 5, 2013

In July this year, the average prices of residential housing in 100 major cities in China rose by 0.87 percent compared to June, rising to RMB 10,347 per square meter, as announced on August 1 by the China Index Academy, a Beijing-based ...

Tags: Residential Housing Prices

MOC Has Issued Its Final Decision to Impose Formal AD/CVD on Go Silicon Steel From US

Aug 5, 2013

China's Ministry of Commerce (MOC) has issued its final decision to impose formal antidumping (AD) duties and countervailing duties (CVDs) on grain-oriented (GO) silicon steel imported from the US effective from August 1, 2013. On June 14 ...

Tags: Countervailing Duties, Silicon Steel