Asia Economy news, Markets and Business Trends - Made-in-China.com

Kunming Iron & Steel Holdings Ltd Will Issue CNY 1 Billion

Dec 20, 2012

China Knowledge reported that Kunming Iron & Steel Holdings Ltd has said it will issue CNY 1 billion in unsecured bills with a maturity of 365 days on the interbank market on December 21. The company said that the bills will be issued at ...

Tags: Iron, Steel, bills, unsecured bills

The Lock up and Standstill Agreement Has Been Signed by The Ad Hoc Committee

Dec 20, 2012

Dana Gas has announced the detailed terms, conditions and implementation information for the refinancing transaction in relation to its USD 1 billion 7.5% Sukuk al Mudarabah due on October 31. The lock up and standstill agreement has been ...

Tags: Dana Gas, Gas, debt refinancing

The Domestic Cotton Production Data Released by The Pcga Shows

Dec 20, 2012

The domestic cotton production data released by the Pakistan Cotton Ginners Association(PCGA)shows that the country has reaped less cotton by now this season,as compared to last year. As per the statistics,ginners received around ...

Tags: PCGA, seed cotton, Production

Bayer Process Is Recognized by Many International Governments as a Health Risk

Dec 20, 2012

Elemental mercury emitted as vapour from some aluminium refineries operating the Bayer process is recognized by many international governments as a health risk and research worldwide is focused on solutions for mercury adsorption and safe ...

Tags: carbons scrub mercury, alumina, Elemental mercury, alumina refining

Saudi Arabia Began Aluminium Production at Its First Smelter Built Through JV

Dec 20, 2012

Saudi Arabia began aluminium production at its first smelter built through JV between the Saudi Arabian Mining Company and US giant Alcoa. Mr Khalid al Mudaifer president & CEO of Maaden said that "Today we see the first aluminium ...

Tags: aluminium production, aluminium, giant Alcoa, alumina

Metals Has Identified Four More Copper Prospects From Aircore Drilling and Soil Sampling

Dec 20, 2012

Enterprise Metals has identified four more copper prospects from aircore drilling and soil sampling at its Doolgunna project, 130 kilometers northeast of Meekatharra. Sandfire Resources' DeGrussa Project is located about 10 kilometers to ...

Tags: Metals, copper, gold, silver, bismuth, cobalt

MMC Norilsk Nickel Announced That in 2012 The Company Fulfilled Its Obligations

Dec 20, 2012

OJSC MMC Norilsk Nickel announced that in 2012 the Company fulfilled its obligations with respect to the long term target program Relocation of Norilsk and Dudinka citizens to regions of the Russian Federation with more favorable natural ...

Tags: Nickel, MMC, Norilsk Nickel

The Prospects for a Pick up in China's Economy Are Getting Better by The Week

Dec 20, 2012

The prospects for a pick up in China's economy are getting better by the week,with more signs that 2013 could be a strong year.It is good news for the Australian economy,which has slowed in the past year in the wake of a sharp fall in the ...

Tags: China's economy, Australian economy, iron ore, CEWC

Formosa Plastics Started The Construction of The First Blast Furnace of The Steel Mill

Dec 20, 2012

VietNamNet Bridge reported that Formosa Plastics has just started the construction of the first blast furnace of the steel mill in Vung Ang economic zone. However, industry experts said that they feel worry instead of joy about the project ...

Tags: Steel project, steel mill, blast furnace, hot rolled steel

RS.3884 Crores,Government of India's Share Is RS.3137 Crore

Dec 20, 2012

In pursuance to the Budget announcement(2011-12),'Revival,Reform and Restructuring package for"Handloom Sector",having financial implication of Rs.3884 crore,has been approved by the CCEA on 24.11.2011. Of this Rs.3884 crores,Government ...

Tags: Budget announcement, Handloom Weavers Loans, Handloom Sector

Worldwide Stainless Steel Crude Steel Production Has Increased

Dec 20, 2012

Preliminary figures released by the International Stainless Steel Forum show that worldwide stainless steel crude steel production has increased after the first nine months of 2012 by 2.9%compared to the same period of 2011. Total ...

Tags: Stainless Steel, Production, Asia, China, Western Europe

Construction of 6 Hydro Electric Power Projects Is Held up

Dec 20, 2012

Mr Jyotiradita M Scindia minister of Power said that Construction of 6 Hydro Electric Power Projects is held up due to absence of Environment clearance,which are pending with Ministry of Environment&Forests. MoEF accords Environment ...

Tags: Hydro Electric Power Projects, Environment clearance, MoEF

Condition for Indian Steel Players Is Worse When Compared to Their Global Peers

Dec 20, 2012

Economic Times reported that condition for Indian steel players is worse when compared to their global peers. At a time when global steel prices are rising, prices domestically have remained flattish due to subdued demand and continuing ...

Tags: steel, steel prices, flat steel, scrap

Thermal Power Output Growth in China Turned Positive in November,Rising 4.9%

Dec 20, 2012

INTERFAX-CHINA reported that thermal power output growth in China turned positive in November,rising 4.9%on an annual basis to 608.88 terawatt hours,following seven consecutive months of declines. Mr Jiang Kejun a researcher with the ...

Tags: Thermal Power, Positive, Growth

PTI Made Mistakes in Not Recognizing The Potential of The Lower Luxury Car Segment

Dec 20, 2012

PTI reported that it had made mistakes in not recognizing the potential of the lower luxury car segment in India, German auto major Mercedes Benz said it aims to recapture the number one position by 2015-16 by bringing in new suitable ...

Tags: Mercedes Benz, luxury car, car, smaller car