Industry & Market
Industry & Market
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WISCO Plans to Create The Largest Logistics Center for Steel Trading in Central China
Jan 25, 2013WISCO Logistics Co., logistics subsidiary of Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Co. (WISCO), plans to create the largest logistics center for steel trading in central China, as reported by Chinese media ...
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Acetic Acid Prices Showed Mixed Trends Last Week in China
Jan 25, 2013In China, Acetic acid prices showed mixed trends in the week ending January 19, 2013. Prices showed downward trend in South and East China regions and were assessed in the range of US$ 430-470/ton whereas they were steady in North China ...
Tags: China, Acetic acid, prices
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Shanghai Baoye Delivered Steel Structures to Brazilian Miner Vale's Iron Ore Dock Project
Jan 25, 2013Beijing-headquartered Chinese state-owned enterprise China Metallurgical Group Corporation (MCC) has announced that on January 21 its subsidiaryShanghai Baoye Construction Group Corp. delivered steel structures to Brazilian miner ...
Tags: steel structures, Metallurgical Group, iron ore dock project
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Huahong Special Steel Starts of Production in The First Phase of Special Steel Project
Jan 25, 2013The 1,080 m3blast furnace No. 1 of Xuzhou, Jiangsu-based Chinese steelmaker Huahong Special Steel Co. has successfully commenced smelting, marking the official start of production in the first phase of the special steel project in question, ...
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Wacoal Will Be Opening More Outlets of 'La Rosabelle' in China
Jan 25, 2013Japanese conglomerate Wacoal Holdings Corp will be opening more outlets of its innerwear brand ‘La Rosabelle’ in Shanghai, Chengdu, Guangzhou and other Tier-II cities across China during the current year. Wacoal had launched ...
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Everlight Obtaines Contracts for 55,000 Units From Various Municipal Governments
Jan 25, 2013The Taiwan government plans to switch 180,000 street lamps in four special municipalities to LED, and so far Taiwan-based LED packaging house Everlight Electronics has obtained contracts for a total of 55,000 units from various municipal ...
Tags: street lamps, LED, Everlight Electronics
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The China HSBC Flash Manufacturing PMI Increased to 51.9,Indicating a 24-Month High
Jan 25, 2013In January this year, the China HSBC Flash Manufacturing Purchasing Managers Index (PMI) increased to 51.9, indicating a 24-month high and comparing to the final value of 51.5 in December 2012, as announced by the HSBC. The production ...
Tags: manufacturing sector, economy, HSBC
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BASF and Sinopec Have Completed a Joint Feasibility Study
Jan 25, 2013BASF and China Petroleum & Chemical Corporation (Sinopec) have completed a joint feasibility study and taken the next steps in the establishment of a world-scale isononanol (INA) plant in Maoming, Guangdong, China. Under the terms of the ...
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Huawei Released Its Preliminary Financial Performance Results for 2012 This Week
Jan 25, 2013Huawei released its preliminary financial performance results for 2012 this week, projecting its global sales revenue to reach $35.5 billion, an 8% year-on-year increase. Net profit is expected to reach $2.4 billion, a 33% increase over the ...
Tags: Huawei, financial performance results, 2012
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The Commodity Index of Soda Ash on January 23 Is 67.28,Which 0.1 Point Down Than Jan 22
Jan 25, 2013The commodity index of soda ash on January 23 is 67.28, which 0.1 point down than January 22. Compared to the peak point 100.00 in this period (Sep 5, 2011), it drops 32.72 percent. But to the lowest point 65.64, it is 2.50 percent higher. ...
Tags: Soda Ash, Soda Ash index, Soda Ash industry
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Shanghai Hitachi Gives Its Only 2012 Most Valuable Supplier Award to Baosteel.
Jan 25, 2013Recently, Shanghai Hitachi gives its only 2012 Most Valuable Supplier Award to Baosteel. This is its affirmation of Baosteel for its active practice of customer-centric business philosophy, exploration in supply chain full range ...
Tags: Baosteel, 2012, Most Valuable Supplier Award
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Baosteel Wins The Grand Prize of National Science and Technology Progress Awards
Jan 25, 2013In recent years, Baosteel increases input in material development and application and fully supports national energy strategy engineering and automobile industry development. On January 18, at 2012 National Science and Technology Awards ...
Tags: Baosteel, Awards, National Science and Technology Awards Conference
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2013 Is The Beginning of a New Price Inflation Cycle
Jan 25, 20132013 is the beginning of a new price inflation cycle. As the first period of the cycle, the price inflation will be relatively wild. The expected CPI is 3 to 3.5 percent up year-on-year. Released by Bank of Communication Financial Research ...
Tags: Glass Futures, China Glass, glass market
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Baosteel Announced to Raise Its March List Prices for Main Steel Products
Jan 24, 2013It’s reported that the Chinese steel giant Baosteel announced to raise its March list prices for main steel products. Baosteel decided to raise the prices for hot rolled coils (HRC) and cold rolled coils (CRC) by RMB200/ton ...
Tags: Chinese steel giant, Baosteel, CRC
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The Inventory of The Main Finished Steel Products Including Totaled 14.346 Million Tons
Jan 24, 2013According to the data of China Iron and Steel Association (CISA), the inventory of the main finished steel products including plate, hot rolled coil, cold rolled coil, rebar and wire rod totaled 14.346 million tons in the week end January ...
Tags: China, Finished Steel Inventory, CISA
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