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

Linyuan Steel Planned to Pay RMB328 Million to Acquire a Raw Material Plant

Jul 26, 2013

It’s reported that Chinese steelmaker Linyuan Steel planned to pay RMB328 million to acquire a raw material plant and an oxygen plant from its parent group Lingyuan Iron and Steel Group. It’s learned that the plant produced ...

Tags: Linyuan Steel, Raw Material Plant

Taiwan-Based Sapphire Plants to Benefit More Based on Next iPhone in Q3

Jul 26, 2013

It has been reported that Apple's next iPhone will be shipped in September, and the news comes from the industry that Apple's biggest coating plant Bern optical has begun shipping to Apple and actively picking up goods from Sapphire ...

Tags: Taiwan, apple, iPhone, Consumer Electronics

Asia Packaging Group Has Announced The Acquisition of Land Use Right

Jul 26, 2013

Asia Packaging Group has announced the acquisition of land use right and buildings for Yuanxing Packaging manufacturing operations in Fujian Province, China. The company entered into a land acquisition agreement during the fourth quarter ...

Tags: Asia Packaging, Yuanxing Packaging

Taiwanese Chip Manufacturers Turn to Chinese Sapphire Substrates

Jul 26, 2013

Affected by LED chip’s consecutive price drop and efforts to control costs, Taiwanese chip manufacturers including Epistar, FOREPI, and others are turning to Chinese sapphire substrates. A move that directly contends Taiwanese ...

Tags: taiwan, Lights, Lighting

Esquel Is Planning to Host 'Sustainability Symposium' From Aug 12-14

Jul 26, 2013

The 2013 Esquel Sustainability Symposium - Be Green and Innovative will be held from Monday, August 12 to Wednesday, August 14 in Gaoming, Guangdong, China. China has witnessed dramatic changes in the past three decades. The country is no ...

Tags: Sustainability Symposium, Esquel

China's Daily Output of Welded Pipes Rise by 12% From a Month Ago

Jul 26, 2013

According to data released by the National Bureau of Statistics (NBS), China’s daily output of welded pipes averaged at 150,333 tons in June, rising by 12% from a month ago and increasing by 6% year on year. In June, the ...

Tags: Welded Pipes, Mineral

Baosteel Stainless Announces to Remain Its Domestic Prices

Jul 26, 2013

It’s reported that China’s major stainless producers Baosteel Stainless announced to remain its domestic prices for austenitic stainless steel coils unchanged for August due to more positive market outlook. After ...

Tags: Baosteel, Stainless

China's Benzene Imports Plunged to a 10-Month Low of 15,112 Mt in June

Jul 26, 2013

China's benzene imports plunged to a 10-month low of 15,112 mt in June, down 80.7% from May due to cheaper domestic cargoes amid high inventories, data released Tuesday by the General Administration of Customs showed. In June, the average ...

Tags: benzene imports, China Petroleum

China CNPC Has Signed a Cooperation Agreement with US-based Hess

Jul 26, 2013

State-owned China National Petroleum Corp said Wednesday it has signed a cooperation agreement with US-based Hess for a block in China's western Xinjiang province. CNPC said the contract for the Malang block in the Santanghu Basin was ...

Tags: Santanghu Block, Chemicals

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

Jul 26, 2013

It was assessed by SunSirs that in the tracked 100 spot commodities,22 commodities increased in prices, 22 fell and 56 remained unchanged on 24/07/2013.The largest rises were SBR (1.15%),Ethylene glycol (1.13%),Dried cocoons (1.03%),while ...

Tags: Spot Commodities, Price Chart

Construction Expenditures in China Are Expected to Rise 8.5% Per Annum in Real Terms

Jul 25, 2013

Construction expenditures in China are expected to rise 8.5 percent per annum in real terms through 2017. Ongoing urbanization and industrialization, rising income levels, further population and household growth, and the government’s ...

Tags: Construction expenditures

The Demand of Iron Ore Will Sustainable Growth Due to China's Development Said Fortescue

Jul 25, 2013

Australia's third-biggest iron ore producer Fortescue Metals Group Ltd (Fortescue) has announced its operating results for the second quarter of the current year. Fortescue CEO Nev Power pointed out that the company cut costs by 18 percent ...

Tags: Fortescue, Iron Ore Demand

Iron Ore Inventory at Chinese Ports Continues to Decline

Jul 25, 2013

As of July 22, inventory of iron ore at 25 major Chinese ports amounted to 73.45 million mt, indicating a decrease of 0.84 million mt or 1.33 percent week on week, as announced by China's Xinhua News Agency. As of the same date, the ...

Tags: Iron Ore Inventory, Chinese Ports

The Average Steel Price in China Rose by 0.3 Percent Compared to The Previous Week

Jul 25, 2013

China's Ministry of Commerce (MOC) has announced that during last week (July 15-21) the average steel price in China rose by 0.3 percent compared to the previous week. In particular, in the given week prices in China of 145 mm x 20 mm hot ...

Tags: Average Steel, Slight Rise

Taiwan-Based Dragon Steel Corporation Uses New Sinter Plant to Product

Jul 25, 2013

Austria-based plantmaker Siemens Metals Technologies has announced that the new sinter plant No. 2 supplied for Taiwan-based Dragon Steel Corporation recently commenced production. The new sinter plant was built as part of the steelmaker's ...

Tags: Sinter Plant, Dragon Steel