Industry & Market
Industry & Market
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a New Aluminized Steel Project Is Located in Yichang in The Chinese Province of Hubei
May 9, 2013Construction is due to start in early May on plants Nos. 1 and 2 of a new aluminized steel project located in Yichang in the Chinese province of Hubei, according to Chinese media reports. The project in question, with a designed annual ...
Tags: Aluminized Steel Project, Mineral
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Sagent Pharmaceuticals Signed an Agreement to Acquire 50% Interest of Its Joint Venture
May 9, 2013Sagent Pharmaceuticals has signed an agreement to acquire 50% interest of its joint venture (JV) partner, Chengdu Kanghong Pharmaceuticals, in the Kanghong Sagent Pharmaceutical (KSPC) JV, for $25m. KSCP will become a wholly-owned ...
Tags: Sagent Pharmaceuticals, Medicine
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$1.3bn Cadillac Plant Will Be Built by General Motors in China
May 9, 2013US based automobile manufacturer General Motors (GM) has obtained the approval of Chinese authorities to build a $1.3bn Cadillac plant in China. Expected to start construction in June 2013, the new facility will be located at the Jinqiao ...
Tags: General Motors, Cadillac Plant
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Ledlink on May 7 Began Production at Its New Factory in Yangzhou
May 9, 2013Taiwan-based LED optical lens maker Ledlink on May 7 began production at its new factory in Yangzhou, eastern China, and will expand injection molding capacity from 40 sets initially to 60-100 at the end of 2013, according to the company. ...
Tags: LED optical lens, LED
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China Government & Military Appear to Be Directly Involved in Cyber-Attacks Against The US
May 8, 2013China's government and military appear to be directly involved in cyber-attacks against the U.S., according to a report released Monday by the U.S. Department of Defence. The conclusion, contained in an?annual report?evaluating China's ...
Tags: Pentagon, Cyberattacks, Computer Products
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Baosteel and USAS Metal Buidling System Formally Sign Comprehensive Cooperation Agreement
May 8, 2013In order to speed up strategic transition from "manufacturing" to "service", actively learn from the user service model of auto plate early intervention and deepen technical cooperation with construction industry leader, recently, Baosteel ...
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East Sea Island Steel and Petrochemical Recycling Economy Expert Meeting Is Held
May 8, 2013On April 27, Guangdong Zhanjiang East Sea Island steel and petrochemical recycling economy expert consultation meeting is held in Zhanjiang. Many Academicians and experts give advice on speeding up East Sea Island national recycling economy ...
Tags: Steel, Petrochemical Recycling
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CSRC Has Approved The Application for Ferroalloy Futures Trading
May 8, 2013The China Securities Regulatory Commission (CSRC) has approved the application for ferroalloy futures trading made by Zhengzhou Commodity Exchange (ZCE), according to Chinese media reports. ZCE stated that the launch of ferroalloy futures ...
Tags: Ferroalloy Futures, Mineral
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April 29-May 5 The Average Steel Price in China Decreased by 0.3 Percent
May 8, 2013China's Ministry of Commerce (MOC) has announced that during last week (April 29-May 5) the average steel price in China decreased by 0.3 percent compared to the previous week. In particular, in the given week prices of 3 mm hot rolled ...
Tags: Steel Price, Mineral
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Panyu Chu Kong Steel Pipe Co. Will Issue Short-Term Bonds Worth RMB 200 Million
May 8, 2013Guangzhou Province-based Chinese pipe producer Panyu Chu Kong Steel Pipe Co. has announced that, for the purpose of increasing working capital and repaying debts, it will issue short-term bonds worth RMB 200 million ($32 million) on May 9. ...
Tags: Steel Pipe, Mineral
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Tangshan Iron and Steel Co. Received Orders for Over 20,000 Mt of Welding Wire
May 8, 2013In April this year, Chinese steel producer Tangshan Iron and Steel Co. received orders for over 20,000 mt of welding wire, double the volume of orders in the same month of 2012, as announced by Tangshan Steel's parent company Hebei Iron and ...
Tags: Steel's Welding Wire, Mineral
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The Average Aggregate Daily Crude Steel Output Is Down 0.5 Percent
May 8, 2013On May 7, the China Iron and Steel Association (CISA) announced that in mid-April (Apr. 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.6891 million mt, down 0.5 ...
Tags: Crude Steel Output, Mineral
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Inventory of Iron Ore at 25 Major Chinese Ports Amounted to 70.53 Million Mt
May 8, 2013As of May 7, inventory of iron ore at 25 major Chinese ports amounted to 70.53 million mt, indicating a decrease of 290,000 mt or 0.4 percent on week-on-week basis, as announced by China's Xinhua News Agency. As of May 7, the Xinhua-China ...
Tags: Iron Ore Inventory, Mineral
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Infinity Group and Its Partner The Lr Group Plans to Build and Finance The New Project
May 8, 2013US-based Infinity Group and its partner the LR Group , have announced plans to build and finance the new Beijing Eco-Valley Project, the first Sino-Israeli ‘smart’ agricultural city The project is a joint initiative between ...
Tags: LR Group, Agriculture
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The Merger of NSP and DelSolar Will Be Completed on May 31, 2013
May 8, 2013The merger of Taiwan-based solar cell makers Neo Solar Power (NSP) and DelSolar, a solar subsidiary of Delta Electronics, will be completed on May 31, 2013, said Quincy Lin, chairman and CSO of NSP. Lin added that the merger occurred at a ...
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