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

The State News Agency AVN Said That BBVA Will Lend Venezuela EUR 162mn for a Steel Plant

Dec 13, 2012

Venezuelan lawmakers approved the conditions of USD 417 million of loans from Banco Bilbao Vizcaya Argentaria SA and Japan Bank for International Cooperation to finance transportation projects and a steel plant. The state news agency AVN ...

Tags: loans, steel plant, Caracas-Cua train line

Emirates Steel Reported 33% Surge in Steel Volume

Dec 13, 2012

Emirates Steel, which has undergone several expansions in recent years has reported 33% surge in steel volume and 10% increase in the dispatch of goods of prime quality through to the end of Q3 2012 YoY. Mr Suhail M Al Ameri Emirates ...

Tags: emirates steel, structural steel, steel beam, steel construction

Total Cargo Throughput of Large and Medium Sized Ports Amounted to 8.06 Billion Tonne

Dec 13, 2012

In the January to October period of this year, the total cargo throughput of large and medium sized ports in China amounted to, up 6.7% YoY, as stated by He Jianzhong, spokesman for China’s Ministry of Transport. In particular, ...

Tags: total cargo, iron ore import, Chinese economy

Voyager Resources Has Restarted Its Khul Morit Copper Project in Mongolia

Dec 13, 2012

Voyager Resources has restarted its Khul Morit copper project in Mongolia. The re commencement of exploration at the project is buoyed by assay results that demonstrate the strongest indication yet of the Khul Morit project's suitability ...

Tags: mining gold, gold assay, gold, gold refiner

Power Grid Board of Directors Has Approved The Establishment of JV Companies

Dec 13, 2012

Business Line reported that Power Grid Corporation of India's board of directors has approved the establishment of JV companies with Odisha Power Transmission Corporation Ltd and Bihar State Power Co Ltd for taking up intra state ...

Tags: JV companies, Odisha Power Transmission Corporation Ltd

WFE Spending Is Estimated at US$31.4 Billion in 2012

Dec 13, 2012

Taipei,Oct.17,2012(CENS)--Worldwide wafer fab equipment(WFE)spending is estimated at US$31.4 billion in 2012,for a decline of 13.3%from 2011's US$36.2 billion,according to market consulting firm Gartner,Inc. The global WFE spending is ...

Tags: WFE, drop, market

Iran Exported USD 2.12 Billion Worth of Technical and Engineering Services Jan-Jul

Dec 13, 2012

MNA reported that Iran exported USD 2.12 billion worth of technical and engineering services in the first 7 months of the current Iranian calendar year which began on March 20. During the same period of time, USD 19.7 billion worth of non ...

Tags: price oil, kuwait oil fields, iran sanctions oil, engineering

Domestic Sales in Turkey's Home Appliance Market Decreased 3.4 Percent on YoY

Dec 13, 2012

According to the data released by the Turkish Home Appliance Industrialists Association, domestic sales in Turkey's home appliance market decreased 3.4 percent on YoY basis in October this year totaling 569,212 units. The country's ...

Tags: home appliance market, home appliance sales, Trukish home appliance

These Offers Are Also Applicable on Accessories

Dec 13, 2012

TATA Motors, India's largest automobile company, announced that the offers on passenger vehicles ranging from INR 25,000 to INR 150,000, including cash benefits and exchange offers. These offers are also applicable on accessories, ...

Tags: TATA Motors, passenger vehicles, accessories, value added services

MNA Cited Mr Rostam Qasemi Oil Minister Iran

Dec 13, 2012

MNA cited Mr Rostam Qasemi oil minister Iran as saying that Iran has the capacity to raise its oil production to over 5 million barrels per day by the early 2016. Mr Qasemi said that at present, 4 million barrels of oil and 600 million ...

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

A New Product Will Hit The Global-Board Bond Market

Dec 13, 2012

Taipei,Oct.17,2012(CENS)--After the absence of new issuance for two years,a new product will hit the global-board bond market,as BNP Paribas will float 200 million Australian dollars of corporate bond,with interest rate topping 4%.Since the ...

Tags: Taiwan, Australia, BNP

Chengdu Steel Sold 1.0025 Million Tonne of Steel Pipes, Increasing by 63,568 Tonne YOY

Dec 13, 2012

Sichuan Province based Chinese steel producer Chengdu Steel & Vanadium Co Ltd a subsidiary of Sichuan based steelmaker Panzhihua Iron and Steel Group (Pangang Group) has announced that in the January to November period of the current year ...

Tags: Chengdu Steel&Vanadium Co Ltd, Pangang Group, steel pipes

Shuicheng Steel Realized CNY 1.574 Billion Revenue

Dec 13, 2012

Shuicheng Steel, based in Southwest China reported excellent performance in production or even sales in November. Sales income In November, Shuicheng Steel realized CNY 1.574 billion revenue, up CNY 184 million over October; profit was ...

Tags: Shuicheng Steel, pig iron, crude steel, steel products

Daily Crude Steel Production of Its Members in Late November Proved to Be 1.6409mn Tonnes

Dec 13, 2012

According to China Iron and Steel Association, the daily crude steel production of its members in late November proved to be 1.6409 million tonnes, up 0.5% from that in mid November. Meanwhile, the figure nationwide is estimated to be ...

Tags: China Iron and Steel Association, daily crude steel production

GDP Growth Next Year Is Likely to Be Higher Than in 2012

Dec 13, 2012

According to a major economic report, GDP growth next year is likely to be higher than in 2012. Chinese Academy of Social Sciences said in its "blue book" report that China is set to achieve 8.2% annual GDP growth in 2013, higher than the ...

Tags: GDP growth, service sector, economic structural reform