Asia
Asia
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The Government Has Established a Statutory Body Named KVIC
Mar 12, 2013The Government has established a statutory body named the Khadi and Village Industries Commission (KVIC) for the holistic development and promotion of khadi and village industries in the country. KVIC implements a number of schemes for ...
Tags: KVIC, Indian Govt, Export
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Indian State-Run Miner Nmdc Is Currently Not in Negotiation for Acquisition
Mar 12, 2013Indian state-run miner NMDC is currently not in negotiation for acquisition of coal and iron ore mines, in Brazil or in any other country, according to the Press Information Bureau of India. During a speech in the Indian parliament, Dr. D ...
Tags: Steel Industry, Steel, Raw Material
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The China Beijing International Mining Exchange CMBX Recorded 36 Offers Iron Ore
Mar 12, 2013During last week (March 4-8), China's iron ore spot trading platform run by the China Beijing International Mining Exchange (CMBX) recorded 36 offers of a total of 2.745 million mt of iron ore, with the conclusion of eight deals totaling ...
Tags: iron ore spot, iron ore, iron ore market
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Taiwan's Export Value of Iron,Steel,Articles Made From Iron&Steel Amounted to $1.1 Billion
Mar 12, 2013According to the statistics released by the Taiwan Ministry of Finance, in February this year Taiwan's export value of iron and steel and articles made from iron and steel amounted to $1.1 billion, decreasing by 20.9 percent compared to the ...
Tags: steel export, steel, Steel Export Value
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Kardemir Has Announced Its Financial Results for The Full Year 2012
Mar 12, 2013Turkish integrated long steel producer Kardemir Karabuk Demir Celik Sanayi ve Ticaret A.S. (Kardemir) has announced its financial results for the full year 2012. In 2012, Kardemir posted a net profit of TRY 194.25 million ($107.8 ...
Tags: long steel producer, long steel, Kardemir
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Weaker Than Expected Chinese Economic Data Released Weighed on The Australian Dollar
Mar 12, 2013Weaker than expected Chinese economic data released over the weekend weighed on the Australian dollar in Asian trade yesterday. Statistics released by Beijing painted a picture of rising inflation and slowing domestic growth, prompting ...
Tags: Dollar, Australian dollar, US Dollar
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Japan's Hot Rolled Plate and Sheet Shipments Increased by 5.75%
Mar 12, 2013In January this year, Japan's hot rolled plate and sheet shipments increased by 5.75 percent compared to December 2012 and it were down 1.6 percent on year-on-year basis, amounting to 891,712 metric tons. 68.5 percent of shipments were made ...
Tags: HR Steel, Steel Strip Output, Steel Output
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In The Jan-Feb,China's Total Fixed Asset Investment Amounted to RMB 2.5676 Trillion
Mar 12, 2013In the January-February period of this year, China's total fixed asset investment (excluding rural households) amounted to RMB 2.5676 trillion ($409 billion), up 21.2 percent year on year, according to the figures released by China's ...
Tags: fixed asset investments, fixed asset, asset investments
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Inventory of The Main Finished Steel Products in Steel Markets Totaled 22.316 Million Mt
Mar 12, 2013As of March 8, inventory of the main finished steel products (plate, hot rolled coil (HRC), cold rolled coil (CRC), rebar and wire rod) in the major steel markets in China totaled 22.316 million mt, up 565,000 mt week on week and ...
Tags: finished steel inventory, finished steel, cold rolled coil
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Aviva Reported a Loss After Tax of 3.1bn Euro for The Year 2012 Compared to 2011
Mar 12, 2013Aviva has reported a loss after tax of 3.1bn Euro for the year 2012 compared to a profit after tax of 60m during the same period in 2011, while loss after tax for continuing operations was 202m. The largest driver of the loss was sale of ...
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Sino Iron Project Will Probably Achieve an Annual Output of 5 Million Mt of Iron Ore
Mar 11, 2013Chang Zhenming, chairman of Hong Kong-based conglomerate CITIC Pacific, has stated at China's 12th National People's Congress (NPC), that the company's Sino Iron project in Western Australia will probably achieve an annual output of 5 ...
Tags: CITIC Pacific, Sino Iron project, economy
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In February This Year,China's PPI Decreased by 1.6% Compared to February 2012
Mar 11, 2013In February this year, China's producer price index (PPI) decreased by 1.6 percent compared to February 2012 and indicated a slight rise of 0.2 percent month on month, as announced by China's National Bureau of Statistics (NBS). Meanwhile, ...
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China's Overall Value-Added Industrial Output Increased by 9.9 Percent Year on Year
Mar 11, 2013In the January-February period of the current year, China's overall value-added industrial output increased by 9.9 percent year on year, with this growth rate down 0.4 percentage points compared to that observed in December last year, as ...
Tags: Added-Value Industry, steel output, electrical equipment
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Stocks Ended 0.3 Per Cent Stronger
Mar 9, 2013Stocks ended 0.3 per cent stronger yesterday, leaving the market hovering near record highs and sustaining hopes of a prolonged recovery, buoyed by further healing in the US economy and signs of a soft landing in China. Investor resolve ...
Tags: Chinese Trade Data, economy
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Hyundai Motor Gives Up to Occupy 5% of the Market Share in 2016
Mar 8, 2013Because of the shrinking market demand in Europe, Hyundai Motor has delayed its target of 5% market share in Europe in 2016, and will focus on consolidating the achievements in the European market. Hyundai Motor sales in the European ...
Tags: Hyundai Motor, car sales, car
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