Industry & Market
Industry & Market
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Protean Electric Has Cooperated with US-Based SKF to Offer Components to The Company
Jan 17, 2013Protean Electric has collaborated with US-based SKF to supply components for the company's in-wheel electric drive system, which is scheduled to start production by 2013 in Liyang China. The companies have inked a five year agreement on ...
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7 Shares in Industrial Machinery Sector Increase to Daily Limit
Jan 16, 2013Jan.14, A-share market surged and industrial machinery sector performed impressively. By the press time, the sector rose 4.56% as a whole, and 7 shares including Sanweisi and Chuangyuan Technology rose to the daily limit. Urbanization ...
Tags: Industrial Machinery, shares, China, China economy
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New National Standards on Express Delivery is Coming in March
Jan 16, 2013Post office of Guangdong Province conducted working conference yesterday. the vice governor, Liu Zhigeng, and deputy director of National Post Office, Liu Jun attend the meeting. Last year, portfolio of postal businesses and income of ...
Tags: Express Delivery, New National Standards, China, guangdong
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Taiwan Has Reported Revenue of $6.2m, Down 8% on $6.7m a Year Ago
Jan 16, 2013For its fiscal first-quarter 2013 (to end-November 2012), LED chip and component maker SemiLEDs Corp of Hsinchu Science Park, Taiwan has reported revenue of $6.2m, down 8% on $6.7m a year ago but up 12.7% on $5.5m last quarter (after a ...
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The Systems Will Be Configured to Handle up to 69X2-Inch Wafers Per Run
Jan 16, 2013Deposition equipment maker Aixtron SE of Herzogenrath, Germany says that in Q4/2012 China’s Focus Lightings Tech Inc ordered multiple CRIUS II-L systems for the mass production of gallium nitride (GaN) light emitting diode (LED) ...
Tags: Lightings Orders, LEDs, Focus Lightings Tech
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Construction Has Started on Hebei Province-Based Chinese Steelmaker Ganglu Iron
Jan 16, 2013Construction has started on Hebei Province-based Chinese steelmaker Ganglu Iron and Steel Co.'s new ferronickel alloy project which has a planned annual output capacity of one million mt, as announced by state-owned China Metallurgical ...
Tags: Ganglu Iron and Steel, alloy project, annual output capacity
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China's New Ship Orders Received Amounted to 20.41 Million Dwt, Down 43.6 Percent
Jan 16, 2013In 2012, the total completed shipbuilding output in China was 60.21 million dwt, down 21.4 percent year on year, according to data released by China’s Ministry of Industry and Information Technology (MIIT). In addition, in the given ...
Tags: shipbuilding output, China, shipbuilding
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Liuzhou Steel Operating Revenues of RMB 50 Billion and a Net Profit of RMB 210 Million
Jan 16, 2013Guangxi Zhuang Autonomous Region-based Chinese steelmaker Liuzhou Iron and Steel (Group) Co. has issued its financial results for 2012, indicating primary operating revenues of RMB 50 billion ($8 billion) and a net profit of RMB 210 million ...
Tags: Liuzhou Iron and Steel, steel, financial results, operating revenues
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Fujian Province China, Sangang Minguang Estimated Net Loss of $26-46 Million for 2012.
Jan 16, 2013Fujian Province-based Chinese steelmaker Sangang Minguang Co. Ltd has announced an estimated net loss of RMB 164-291 million ($26-46 million) for 2012. In the first three quarters of last year, the company’s net loss had totaled RMB ...
Tags: Sangang Minguang, net loss, steel market
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Shandong Steel Completed a Hot Run Test,According to The State-Owned MCC
Jan 16, 2013Chinese steel producer Shandong Iron and Steel Co. has successfully completed a hot run test at the rebar production line of its Xinjiang-based Kashi iron and steel project, according to the state-owned Metallurgical Corporation of China ...
Tags: Shandong Iron and Steel Co, rebar production line, steel project
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SMS Meer Will Supply a New Stainless Steel Rolling Mill for Fujian Wuhang Stainless Steel
Jan 16, 2013German plantmaker SMS Meer has announced that it will supply a new stainless steel rolling mill for Fujian Province-based Chinese steelmaker FuJian WuHang Stainless Steel. The new stainless rolling mill will produce wire rod and bar in ...
Tags: SMS Meer, stainless steel, steel
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Baosteel Stainless Sales of Stainless Steel Products Amounted to Over 2.4 Million Mt.
Jan 16, 2013Shanghai-based Chinese stainless steel producer Baosteel Stainless Steel Co., Ltd, a subsidiary of Chinese steel giant Baoshan Iron and Steel Co., Ltd (Baosteel), has announced that in 2012 its total sales of stainless steel products ...
Tags: Baosteel Stainless Steel, iron, steel, company news
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Tiantie Metallurgical Group Recorded a Net Profit of RMB 240 Million
Jan 16, 2013Wu Yuhai, general manager and vice president of Chinese steelmaker Tianjin-based Tiantie Metallurgical Group Co., Ltd, has announced that in 2012 the company's annual outputs of pig iron and crude steel amounted to 4.59 million mt and 4.32 ...
Tags: Tiantie Metallurgical Group, annual outputs, pig iron, crude steel
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CSC Said That It Has to Postpone Its Maintenance Schedule for One Month Long
Jan 16, 2013China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan said that it has to postpone its maintenance schedule for one month long which will be started from April 15th as it rearrange its production lines' schedule and its equipment ...
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Shagang Released Its Estimated Adjusted Financial Result for 2012 on January 11st, 2013
Jan 16, 2013The Chinese steelmaker Shagang released its estimated adjusted financial result for 2012 on January 11st, 2013. In 2012, the company realized a net profit of RMB13~RMB40 million, slumping by 85%~95% from a net profit of RMB278 million in ...
Tags: Shagang, steel, Net Profits, financial result
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