Industry & Market
Industry & Market
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Huawei Has Revealed Its Sales Revenue for 2012
Jan 7, 2013Controversial Chinese firm Huawei has revealed its sales revenue for 2012 is to surpass the$35bn(£21.7bn)mark,with a net profit of$2.4bn(£1.4bn)–an increase of more than 10 per cent year-on-year for both figures. The ...
Tags: Huawei, telecommunication, US, UK, China
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Iron Ore Inventory Records The First Week-on-Week Increase in The Latest 10 Weeks
Jan 7, 2013As of January 4, total iron ore inventory at 30 major Chinese ports amounted to 74.74 million mt, up 1.6 million mt week on week, recording the first week-on-week increase in the latest 10 weeks, according to China's National Bureau of ...
Tags: Iron Ore Inventory, Chinese Ports, Mineral
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Baosteel Spent RMB 1.92 Billion to Buy Back 414 Million of Its Own Shares
Jan 7, 2013Shanghai-based Chinese steelmaker Baoshan Iron and Steel Co. Ltd (Baosteel) has announced that as of January 4 it has spent RMB 1.92 billion ($305 million), including commissions, to buy back 414 million of its own shares, paying between ...
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Baosteel Financial System Develops Rapidly
Jan 7, 2013Recently,Hwabao Trust officially releases mineral energy trust project-Bao Rui No.1-Luan Shui mining development collection plan. In recent years,Baosteel financial system develops rapidly,with financial products covering ...
Tags: Baosteel financial system, mineral energy financial products
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Marisco Unveils Screen-printed Bottle
Jan 7, 2013New Zealand winery Marisco Vineyards has launched a screen-printed bottle for the estate's King's Series range. The design has been co-developed by Marisco Vineyards sales&marketing manager Siobhan Wilson and the company's glass supplier ...
Tags: Marisco, New Zealand, winery, screen-printed bottle
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Taiwan Cement Corp Has Signed a Strategic Partnership Agreement with CNBM
Jan 7, 2013Taiwan Cement Corp. has signed a strategic partnership agreement with Beijing-based China National Building Material Co. (CNBM) to expand the two companies cooperation. The agreement between the two companies will include information ...
Tags: Taiwan, Cement, Chinese Counterpart, Construction
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Baosteel Stainless Steel and Jiangsu Daming Metal Products Sign Cooperation Agreement
Jan 7, 2013To further strengthen stainless steel processing and distribution industry chain cooperation and mutual winning,recently,Baosteel Stainless Steel and Jiangsu Daming Metal Products Co.,Ltd.formally sign strategic cooperation agreement(see ...
Tags: Baosteel, strategic cooperation agreement, Jiangsu Daming
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Baosteel Insists on Leading Technology and Open Independent Integration Innovation Road
Jan 7, 20132012 national technology innovation demonstration enterprise assessment results are recently announced.Baosteel Group Co.,Ltd.insists on leading technology and open independent integration innovation road,and with good technical innovation ...
Tags: Baosteel, national technology innovation, Metallurgy, Mineral
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China's Total Output of Crude Steel in 2012 Is Expected to Reach 720 Million Mt
Jan 7, 2013On January 5,the China Iron and Steel Association(CISA)stated that in the first 11 months of 2012 Chinese crude steel output amounted to 660.13 million mt,up 2.9 percent year on year,with this year-on-year growth rate down 6.9 percentage ...
Tags: Crude steel, China, 2012, CISA
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The Transaction Prices of Electric Furnace(EF) Killed Wire Rods Have an Increase
Jan 7, 2013Recently,the transaction prices of electric furnace(EF)killed wire rods have increased to NT$19,500/ton in the Taiwanese market,driven by rising scrap prices. In fact,the transaction prices of EF killed wire rods had ever surged to ...
Tags: electric furnace, wire rods, Taiwanese market, China Steel Corp
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Dongbei Special Steel Plans to Issue Medium-Term Notes on January 14 Worth RMB 1.4 Billion
Jan 7, 2013On January 7, Liaoning Province-based Chinese steelmaker Dongbei Special Steel Group Co. announced that it plans to issue five-year medium-term notes on January 14 worth a total of RMB 1.4 billion ($222.9 million). According to the ...
Tags: Special, Steel Plans, Mineral
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Baosteel Will Increase Steel Prices for February on Higher Raw Material Costs
Jan 7, 2013According to report,China's steel giant Baosteel said today that it will increase steel prices for February on higher raw material costs and strong outlook for steel demand.This accouchement may encourage other large steel mill to raise the ...
Tags: Baosteel, steel prices, raw material costs, large steel mill
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Tisco Announced That in 2012 It Achieved a Record Annual Finished Steel Output Amounting
Jan 7, 2013Shanxi Province-based Chinese steelmaker Taiyuan Iron and Steel (Group) Co. (TISCO) has announced that in 2012 it achieved a record annual finished steel output amounting to 10.15 million mt, up 2.52 percent year on year, including 3.1 ...
Tags: Chinese steelmaker, Metallurgy, Steel Output
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CISA Stated That in The Jan-Nov of 2012 The Aggregate Net Loss of RMB 1.97 Billion
Jan 7, 2013The China Iron and Steel Association (CISA) has stated that in the January-November period of 2012 the aggregate net loss of large and medium-sized steel enterprises in China totaled RMB 1.97 billion ($313 million). Meanwhile, in the given ...
Tags: China'S Steel Sector, Metallurgy, CISA, Net Loss
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South Korea Has Diversified Its Sources of Rare Earth Minerals
Jan 7, 2013South Korea has diversified its sources of rare earth minerals in order to diminish reliance upon monopoly supplier China,which currently accounts for over 90%of global production. Global Times reported last month that South Korea's ...
Tags: South Korea, rare earth minerals, Japan, China
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