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

Gulf News Cited Mr Farouq Iqbal Director of The Strategic Cooperation Department

Dec 14, 2012

Gulf News cited Mr Farouq Iqbal director of the Strategic Cooperation Department in the Middle East and North Africa region of the World Bank as saying that countries which are rich in oil, petroleum and other commodities should prudently ...

Tags: strategic cooperation, petroleum and other commodities

Dubai Based Ship Building and Repair Firm Is Looking to Enter The Syrian Market

Dec 14, 2012

Mr Khamis Buamim chairman of Drydocks World said that the Dubai based ship building and repair firm is looking to enter the Syrian market via a consortium of regional and possibly international partners. Mr Buamim said that he saw a lot ...

Tags: middle east jobs, syria oil, steel fabrication, Drydocks World

Shahid Rajaee Offshore Drilling Mast Was Installed

Dec 14, 2012

Shahid Rajaee Offshore Drilling Mast was installed in the largest phase of South Pars in the Persian Gulf announced Mr Masoud Haqiqi manager of National Iranian Drilling Company for offshore drilling. Mr Masoud Haqiqi said that the ...

Tags: Drilling Mast, offshore drilling, Iran, drilling

Taiwan's Export Value of Iron and Steel and Articles Decreased by 19.6%

Dec 14, 2012

According to the statistics released by the Taiwan Ministry of Finance, in November this year Taiwan's export value of iron and steel and articles made from iron and steel amounted to USD 1.2 billion, decreasing by 19.6% compared to the ...

Tags: aiwan Ministry of Finance, export value, iron, steel

Immediate Resolution to What The Mining Lobby Terms Legal Iron Ore Operations

Dec 14, 2012

O' Herald reported that far away from Goa where there is massive popular support for the halt of rampant illegal mining by the Supreme Court in the aftermath of the Shah Commission Report and in an apparent bid to sway the opinion of New ...

Tags: iron ore price news, goa india, mining, iron

Broking Firm Kotak Commodity Services Gave Following Outlook on Base Metals Segments

Dec 14, 2012

Broking firm Kotak Commodity Services gave following outlook on base metals segments: Copper - MCX Copper may note some decline tracking slight retreat in international markets, however the downside. LME Copper trades slightly lower ...

Tags: Kotak Commodity Services, metals segment, nickel

Production at Ramu Nickel Cobalt Project Will Reach Its Full Capacity

Dec 14, 2012

Reuters reported that production at Ramu nickel cobalt project in Papua New Guinea, China’s single-largest mining investment in the country, will reach its full capacity in one or two years, slightly later than initially planned, an ...

Tags: cobalt project, mining investment, nickel, cobalt

Nan Shan Life Widened The Lead on Fubon Life in First Year Premium Revenues

Dec 14, 2012

Nan Shan Life widened the lead on Fubon Life in first year premium (FYP) revenues from NT$500 million (US$16.67 million) in October to NT$2.8 billion (US$93.3 million) in November, also challenging the leader Cathay Life fiercely after ...

Tags: Nan Shan, FYP revenues, Cathay Life

PMI of China's Steel Sector Was 49.2 Percent, Down 3.5 Percentage Points

Dec 14, 2012

In November this year, the purchasing managers' index (PMI) of China's steel sector was 49.2 percent, down 3.5 percentage points compared to the previous month, as announced by the China Steel Logistics Committee (CSLC) which is part of the ...

Tags: stainless steel, steel scrap, steel pipe, steel

65 Key Steel Mills Reverse The Deficit of 721 Million Yuan Seen in September

Dec 14, 2012

According to Hebei Metallurgy Industry Association, the profit of 65 key steel mills aggregated CNY 1.358 billion reversing the deficit of 721 million yuan seen in September, owing to warming steel market. Data show that the total profit ...

Tags: buy steel pipe, steel scrap price, iron ore price news, steel wire

Shanghai Steel Futures Jumped 1.6% on Monday,Snapping a Week Long Fall

Dec 14, 2012

Reuters reported that shanghai steel futures jumped 1.6% on Monday, snapping a week long fall, following more evidence that China's economy is on the mend The most briskly traded rebar contract for May delivery on the Shanghai Futures ...

Tags: steel scrap price, stainless steel, buy steel pipe, iron ore price news

The CBC Will Strive to Obtain Renminbi-Business Quota Higher

Dec 14, 2012

With the cross-Taiwan Strait currency clearance mechanism ready for launch, Perng Fai-nan, governor of the Central Bank of China (CBC), said yesterday (Dec. 12) that the CBC will strive to obtain renminbi-business quota higher than Hong ...

Tags: Taiwan, better treatment, Renminbi business

Prices Are Again Looking up Showing Signals of a Better 2013.

Dec 14, 2012

Business Standard reported that amidst all the gloom surrounding the Indian steel sector, prices are again looking up showing signals of a better 2013. Some steelmakers have started to give out feelers to the market that steel prices ...

Tags: metals sector, India, steel, steel industry

Shanghai Steel Futures Jumped 1.6% on Monday,Snapping a Week-Long Fall

Dec 14, 2012

Reuters reported that Shanghai steel futures jumped 1.6% on Monday, snapping a week-long fall, following more evidence that China's economy is on the mend, although demand for raw material iron ore is likely to stay subdued along with ...

Tags: steel bar, steel scrap price, stainless steel, steel pipe

A Certain Sovereign Wealth Fund From The Middle East Has Invested in Taiwan's Stock Market

Dec 14, 2012

Perng Fai-nan, governor of the Central Bank of China (CBC), confirmed for the first time yesterday (Dec. 12) that due to the need of deployment, a certain sovereign wealth fund from the Middle East has invested in Taiwan’s stock ...

Tags: CBC, sovereign wealth fund, Middle East, stock market