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

The Term of This Agreement Is for 5 Years Commencing on 14th November 2012

Dec 13, 2012

Teknomining Plc announced that through its wholly owned subsidiary Teknomining Madencilik Insaat Turizm Ithalat Ihracat Sanayi Ve Ticaret Ltd Sti, it has signed a Mining Royalty Agreement with Teysel Insaat Nakliyat Taahhut Ticaret Ltd to ...

Tags: mining, iron ore price news, copper ore mining, royalty interests

Trans Caspian Project Should Be Viewed of Azerbaijan and Turkmenistan

Dec 13, 2012

Trans Caspian gas pipeline project should be viewed within sovereign rights of Azerbaijan and Turkmenistan. The negotiations on the legal status of the Caspian Sea are held in both bilateral and multilateral format within a special ...

Tags: gas pipeline project, negotiation, foreign minister

Quest Minerals Has Launched a Share Purchase Plan to Increase Funding

Dec 13, 2012

Quest Minerals has launched a share purchase plan to increase funding to develop its core projects the Perenjori Iron Ore project and Victory Bore. The plan is priced at USD 0.008 which is a 17% discount to the market, which ...

Tags: core projects, market, exploration target

China Steel Corporation Held The Domestic Pricing Meeting

Dec 13, 2012

China Steel Corporation held the domestic pricing meeting for 2013 January and February shipments and announced the following statement: European Central Bank tries to ease the impact of European sovereign debt crisis by implementing ...

Tags: iron ore price news, steel scrap price, steel plate, steel wire

Hsin Kuang Steel's November Sales Revenues Jumping by 61.23% From a Month Ago

Dec 13, 2012

Hsin Kuang Steel, one of the major steel service centers in Northern Taiwan announced its November sales revenues totaled NT$725 million, jumping by 61.23% from a month ago. Also, this is the second highest sales number over the past 15 ...

Tags: steel, Taiwan, sales

Taiyuan Steel Is Shipped to Netherlands and Used in Shell Project

Dec 13, 2012

It is reported that Taiyuan Steel-produced high-grade pipeline hot rolled coil (L485MB), after processed into spiral pipe manufactured by one Chinese pipe company, has been shipped to Netherlands and used in Shell project. The shipments are ...

Tags: steel pipe, steel scrap buyers, steel strip, high carbon steel

Shale Inland Holdings Appointed Richard Lundgren as CEO

Dec 13, 2012

Shale Inland Holdings LLC a distributor of steel pipes, valves and fittings, has appointed Richard Lundgren chief executive officer as founder Craig Bouchard becomes chairman of the board. Lundgren, who was previously president of Tyco ...

Tags: steel pipes, valves, fittings, steel

Long Products Market Started Week 49 with an Optimistic Trend

Dec 13, 2012

Long products market started week 49 with an optimistic trend but by middle of the week it changed to market depression with no activity. Domestic mills were faced with no interest in buying at IME as their final prices were higher by IRR ...

Tags: steel, Metallurgy

South Korea's Imports of Cold Rolled Steel Sheets Declined Slightly From September Levels

Dec 13, 2012

In October this year, South Korea's imports of cold rolled steel sheets declined slightly from September levels but still exceeded 50,000 mt. According to the Korea Iron and Steel Association, South Korea's inbound shipments of cold ...

Tags: South Korea, cold rolled steel, Korea Iron and Steel Association

Isfahan's Mobarakeh Steel Company to Boost Its Annual Output Capacity to 1.5million Tonnes

Dec 13, 2012

FNA reported that Isfahan's Mobarakeh Steel Company will boost its annual output capacity to 1.5 million tonnes in the near future. Mr Majid Mahmoudi director for engineering and energy development affairs of Mobarakeh Steel said that a ...

Tags: steel scrap buyers, steel construction, iron ore price news

Iraqi Kurdistan's Oil Exports Have Halved to Around 100,000 Barrels Per Day in Recent Days

Dec 13, 2012

Iraqi Kurdistan's oil exports have halved to around 100,000 barrels per day in recent days in what could be a result of its long running dispute with Baghdad over payments to oil firms operating in the region. An Iraqi oil official said ...

Tags: gas, Metallurgy

Turkey's Gross Domestic Product in The Q3 Grew by 7.7% to Trl 377.6 Million

Dec 13, 2012

The Turkish Statistical Institute has announced that Turkey's gross domestic product in the Q3 of the current year grew by 7.7% to TRL 377.6 million in current prices and by 1.6% in constant prices to TRL 31.6 million both compared to the ...

Tags: Turkey GDP, GDP

North Africa Have Around 88 Trillion Cubic Meters

Dec 13, 2012

Gulf oil heavyweights and other hydrocarbon producers in the Middle East and North Africa have around 88 trillion cubic meters of proven natural gas deposits which can last more than 30 years at current production growth rates. While the ...

Tags: gas, Metallurgy, Energy

The Overhaul of Blast Furnace No.5 Have Been Completed

Dec 13, 2012

In the Blast Furnace Workshop of Zaporizhstal Integrated Iron & Steel Works, the overhaul of Blast Furnace No.5 have been completed. The repair was performed within the scope of the Program of Production Modernization and Revamping ...

Tags: Metallurgy, Steel, Iron

Iron Ore Inventory Amounted to 80.66 Million Tonne Down 1.97 Million Tonne Wow

Dec 13, 2012

According to China's National Bureau of Statistics, as of November 30th, total iron ore inventory at 30 major Chinese ports amounted to 80.66 million tonne down 1.97 million tonne WoW, constituting the 15 consecutive WoW decline. The total ...

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