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

Business Line Has Immense Investment Potential in The Country

Dec 12, 2012

Business Line cited Mr Y Sivasagara Rao former CMD of the Visakhaptnam Steel Plant as saying that hydrated lime industry has immense investment potential in the country as the steel industry is set for a boom and it is one of the key raw ...

Tags: buy steel pipe, iron ore demand, recycling steel, one steel

Saudi Arabia Will Need to Invest Over SAR 500 Billion Over The Next 10 Years

Dec 12, 2012

Reuters reported that Saudi Arabia will need to invest over SAR 500 billion over the next 10 years to meet rapidly rising power demand. Mr Abdullah al-Hussayen Saudi Water and Electricity Minister said that the country with the biggest ...

Tags: power consumption, electricity from solar and nuclear, renewable energy

South Korea Imported Steel Wires in October Fall by 20,000 Tonne From a Month Ago

Dec 12, 2012

According to statistics released by the Korea Iron and Steel Association, South Korea imported 117,564 tons of steel wires in October, falling by 20,000 tonne from a month ago. In October, the imported wire rods accounted for 41.5% of the ...

Tags: steel wires, imported wire rods, No.4 steel wire plant

Sandfire Resources Has Shipped The First Load of Copper Concentrate

Dec 12, 2012

Sandfire Resources has shipped the first load of copper concentrate from its 100%-owned DeGrussa Copper and Gold Mine in Western Australia. The maiden shipment comprised 4,958 dry tonnes of copper concentrate grading approximately 22% ...

Tags: Copper, Mining, copper material

China's Economy Will Be in Better Shape in The H1 of 2013 After Its New Leader

Dec 12, 2012

Reuters reported that hopes are growing that China's economy will be in better shape in the H1 of 2013 after its new leader, who takes over in March, announced his commitment to pro growth policies, boding well for demand in the world's ...

Tags: iron ore prices, steel consumer, cargoes for delivery

Aluminium Bahrain BSC Remains on Target to Exceed The 2011 Production of 881,310 MT

Dec 12, 2012

Mr Mahmood Hashim Al Kooheji chairman of Alba's Board said that Aluminium Bahrain BSC remains on target to exceed the 2011 production of 881,310 MT while at the same time focusing on future growth strategies. Mr Mahmood Hashim Al Kooheji ...

Tags: Bankable Feasibility, Aluminium, growth strategies

Afghanistan Announced Its Preferred Bidders for Three of Its Four Current Mineral Tenders

Dec 12, 2012

The government of Afghanistan announced its preferred bidders for three of its four current mineral tenders with a consortium backed by City of London banker Mr Ian Hannam former BHP Billiton CEO Chip Goodyear and Poland’s ...

Tags: Key Copper, mineral tenders, iron

Rexam Has Inaugurated Its New Aluminium Line at Its Manufacturing Plant

Dec 12, 2012

Rexam, together with its partner Hindustan Tin Works has inaugurated its new aluminium line at its manufacturing plant in Taloja Maharashtra. The new high speed production line represents a capital investment of GBP 30 million and ...

Tags: Aluminium Beverage Can, Beverage Can, Can Line

Aluminium Industry in The World Is Set to Undergo a Revolution

Dec 12, 2012

TOI reported that aluminium industry in the world is set to undergo a revolution. The industry can now hope for much cheaper and environment friendly technology. Orbite Aluminae Incorporated a private company in Canada has developed a new ...

Tags: Alumina Processing, aluminium industry, red mud

Bahrain Is to Step up Efforts to Conserve Its Strategic Oil and Gas Reserves

Dec 12, 2012

Bahrain is to step up efforts to conserve its strategic oil and gas reserves and upgrade facilities. His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa urged viable initiatives to preserve stocks. Chairing a work ...

Tags: oil&gas drilling, jobs in oil and gas oil changes, energy conservation

London Mining Hired Mr Michael Miles to Be Its Chairman

Dec 12, 2012

Reuters reported that iron ore miner London Mining has hired Mr Michael Miles to be its chairman, appointing the former chairman of fund manager Schroders to its board with immediate effect. The miner, which produces iron ore in Sierra ...

Tags: iron ore miner London Mining, iron ore, fund manager Schroders

Bahrain to Attend a Crucial Summit From January 20 to 23

Dec 12, 2012

Leading liquefied natural gas terminal experts will be in Bahrain to attend a crucial summit from January 20 to 23 where they will discuss the upcoming import terminal projects in the Middle East region. The Mena LNG Regasification Summit ...

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

Friedman Industries Declared Special Cash Dividend of USD 0.50 Per Share

Dec 12, 2012

The Board of Directors of Friedman Industries, Incorporated a Texas based company engaged in pipe manufacturing, steel processing and steel and pipe distribution, declared on December 7, 2012, a special cash dividend of USD 0.50 per share ...

Tags: pipe manufacturing, steel processing, steel and pipe distribution

Iran Has Started Drilling The First Exploratory Well at The Afshar-1 Gas Field

Dec 12, 2012

MNA reported that Iran has started drilling the first exploratory well at the Afshar-1 gas field, which is shared with Turkmenistan. The Iranian section of the gas field measures around 9 square kilometers in area, equaling half the total ...

Tags: oil&gas drilling, jobs in oil and gas, oil heating prices

CEO Has Had His Hands Full Cleaning up Some Thorny Problems Left

Dec 12, 2012

Reuters reported that fresh from axing half of his management board this week, ThyssenKrupp chief executive Mr Heinrich Hiesinger is expected to ring in a new era at Germany's top steelmaker when he presents results on Tuesday. The CEO ...

Tags: steelmaker, steel companies, car parts, dependence on steel