Industry & Market
Industry & Market
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The Tide Seemed to Be Ebbing During The Week with Winter Lull Setting in
Jan 6, 2013Steel market in China rode the crest throughout December however the tide seemed to be ebbing during the week with winter lull setting in. Encouraged by the incentive of National Development & Reform Commission's approval for a slew of ...
Tags: China, steel market, soft, rebar futures
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an Iron Ore Project with Annual Output of 5 Million Tonne of Iron Ore Has Been Rejected
Jan 6, 2013According to Chinese newspaper Legal Daily,an iron ore project with annual output of 5 million tonne of iron ore,run by Chinese steelmaker Hebei Iron and Steel Mining Company,has been rejected by China's Ministry of Environmental ...
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Export Import Bank of China Will Grant Belarus Over USD 600 Million in Preferential Loans
Jan 6, 2013Panarmenian reported that the Belarusian government said that export import bank of China will grant Belarus over USD 600 million in preferential loans towards the implementation of national infrastructural projects Eximbank will provide ...
Tags: Belarus, implementation of national infrastructural projects
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China's Largest Rare-Earth Producer Would Suspend Output at Some Plants for Another Month
Jan 6, 2013China's largest rare-earth producer said Tuesday it would suspend output at some plants for another month,extending a halt started in late October to try and stem falling prices. Baotou Steel Rare-Earth will halt firing,smelting and ...
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Fung Retailing Acquired a 70%Stake in The Suhyang Group
Jan 6, 2013Fung Retailing Limited,a wholly-owned subsidiary of the privately held Fung Group,announced that its joint venture with funds managed by private equity firm AEA Investors LP has acquired a 70%stake in the Suhyang Group,Korea's pre-eminent ...
Tags: Fung Retailing, Fung Group, Suhyang Group, Korea, Greater China
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Chinese Iron Ore Buyers to Push Price of Australia's Biggest Export Higher
Jan 6, 2013While stock and bond traders fretted over the US fiscal cliff and its potential impact on broader markets earlier this week, Chinese iron ore buyers were unconcerned, continuing to push the price of Australia's biggest export higher on the ...
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China's Exports of Stainless Steel Flat Products in November,Rising by 31% YoY
Jan 6, 2013According to statistics released by the customs, China’s exports of stainless steel flat products totaled 156,839 tonnes in November, rising by 31% YoY and increasing by 33% MoM In November, China’s exports of stainless ...
Tags: China, stainless steel flat products, exports, stainless steel
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Steel Futures Climbed to a Five Month High, Heading for The Best Quarterly Performance
Jan 6, 2013Bloomberg reported that steel reinforcement bar futures climbed to a five month high, heading for the best quarterly performance in two years, on optimism that a recovery in the real estate market in China, the biggest user may boost ...
Tags: steel reinforcement bar, real estate market, China, steel
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Partnerships Between End-Users and Mining Companies May Just Be The Secret Weapon
Jan 5, 2013China's sudden cuts to rare earth export quotas and domestic production marked the beginning of a Rare Earth Economic War, proposes Jacob Securities' Senior Mining and Metals Analyst Luisa Moreno. The good news is that partnerships between ...
Tags: Rare Earth, interview
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Semiled Got The Led Lighting System Patent
Jan 5, 2013United States Patent and Trademark Office has received an application no. 20120327663, on December 27, 2012, by SEMILED OPTOELECTRONICS CO., LTD., titled as "Light Emitting Diode (LED) Lighting System Having Adjustable Output" for the ...
Tags: Taiwan, LED Lighting, Taiwan LED Lighting, Patent USPTO SEMILED
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The Main Future 1305 Contract Increased 5.01 Percent and Ended at 1425 Yuan
Jan 5, 2013The first day of 2013, Zhengzhou Commodity Exchange released good news, the glass futures appeared limit-up at first time. The main future 1305 contract increased 5.01 percent and ended at 1425 yuan. This is the first time that the glass ...
Tags: Construction, glass, Glass Futures
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Jiuli Stainless Steel Pipe Co Recently Received an Order From OOCEP
Jan 5, 2013Zhejiang Province-based Chinese pipe producer Jiuli Stainless Steel Pipe Co announced that it recently received an order from Oman Oil Company Exploration&Production LLC(OOCEP),a subsidiary of Oman Oil Company SAOC(OOC). Accordingly,Jiuli ...
Tags: Jiuli Steel, stainless pipes, OOCEP
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Steelhome Website Publishes Monthly Report on China Steel Market
Jan 5, 2013Steelhome website publishes monthly report on China Steel Market, International Steel Market, HRC/CRC, Construction Steel, Medium Plate, Stainless Steel, Iron Ore, Coke, Scrap and Ferroalloy each month. Summary: ⅠChina medium ...
Tags: China, Medium Plate Market, market news, monthly report
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Percentage of China LED Sales Is Likely to Increase to 15-20% of Total Revenues in 2013
Jan 5, 2013The percentage of China LED sales is likely to increase to 15-20% of total revenues in 2013 due to cooperation with Sanan Optoelectronics, according to Frank Chien, chairman of Formosa Epitaxy. Chien added that currently, sales in China ...
Tags: LED, Sanan Optoelectronics, LED sales, Chien
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Chinses Iron and Steel Industry Realized Gross Profits of This Year,Slumping by 48.3%
Jan 5, 2013According to statistics released by China’s National Development and Reform Commission (NDRC), the country’s iron and steel industry realized gross profits of RMB113.1 billion in the first 10 months of this year, slumping by ...
Tags: China, NDRC, iron, steel, gross profits
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