Industry Trends
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Industry Trends
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LED Technology Is Taking Over The Lighting Business
Oct 14, 2013Amid falling prices and rising consumer acceptance, light-emitting diode (LED) technology is taking over the lighting business, spurring a 96% increase for global revenue for packaged LEDs used in lighting applications, from $3.6bn in 2013 ...
Tags: LED market, LED, Electrical, Electronics
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CRC Totaled 266,167 Tons in August,up Slightly From a Month Ago But Falling by 13.1% Y-O-Y
Oct 14, 2013It's reported that Japan's exports of cold rolled coils (CRC) totaled 266,167 tons in August, up slightly from a month ago but falling by 13.1% year on year, according to data released by Japan's Ministry of Finance. In the first eight ...
Tags: cold rolled coils, CRC, steel
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SAIC-IVECO HONGYAN Produces 1809 Units in September,up by 54.48% Year on Year
Oct 14, 2013On October 11, 2013, SAIC released its September production and sales report. In terms of production, in September, the company produces 439908 units of all types of vehicles, accumulating to 3792875 units so far this year, up by 15.25% ...
Tags: truck, Transportation
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DFCV Sells More Than 14,000 Units of MD and HD Trucks,up by 65% Over Last Month
Oct 14, 2013According to Dongfeng Commercial Vehicle Co., Ltd (DFCV), in Sep., the company sells more than 14,000 units of MD and HD trucks, up by 65% over last month and 47% over last year. From Jan. to Sep., the sales accumulate to 127,000 units, up ...
Tags: Trucks, Transportation
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Chongqing Monthly Output of Steel Products Hit 429,700 Tons in September
Oct 12, 2013Chongqing Iron and Steel (SHSE: 601005) announced on October 9 that monthly output of steel products hit 429,700 tons in September, growing 42.12% over a year earlier. Total output of steel products hit 40.77 million tons in the first ...
Tags: Iron, Construction, Steel
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Book Balance of Investments Is Required to Be Not Higher Than 30% of Total Assets
Oct 12, 2013Book balance of investments made by insurance companies in equity assets is required to be not higher than 30% of total assets by the end of the previous quarter, compared with not higher than 25% in the past, according to a draft ...
Tags: Insurers'Investment, insurance, Service
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CSPC Pharma Will Sell 362 Million and 138 Million of Its Shares
Oct 12, 2013CSPC Pharmaceutical Group Limited (SEHK: 1093) declared that major shareholders Jinling Investment Limited and Joyful Horizon Limited will sell 362 million and 138 million of its shares respectively for CNY 4.05 per share, taking up 13.07% ...
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Import Quota of Crude Oil for Non-state-owned Operation Will Be 29.1 Million Tons in 2014
Oct 12, 2013Import quota of crude oil for non-state-owned operation will be 29.1 million tons in 2014, according to the Ministry of Commerce.
Tags: Metallurgy, Mineral, Energy, Crude Oil
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TCL Corporation Predicted Net Profits Attributable to Shareholders Will Be CNY 950 Million
Oct 12, 2013TCL Corporation predicted net profits attributable to shareholders will be CNY 950 million to CNY 1.15 billion in the first three quarters of 2013, growing about 95% to 136% over a year earlier. Net profits are predicted to hit CNY 320 ...
Tags: TCL, Consumer Electronics
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Baosteel Announced to Remain Its Domesprices Unchanged for Novembertic Coil
Oct 12, 2013The Chinese steelmaker Baosteel announced to remain its domesprices unchanged for Novembertic coil . It's learned that the company decided to keep its prices for hot rolled and cold rolled carbon steel products unchanged for November. ...
Tags: Baosteel, Steel, Construction
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Before The Trading of Stock,Arcelormittal's Shares in Erdemir up to 18.74%
Oct 12, 2013ArcelorMittal, the world's largest steel company, made it in public that it is going to trade about 7% of its stock ownership for about 233,169,183 in Ere?li Demir ve ?elik Fabrikalar? T.A.?. or Erdemir, the largest steel producer in Turkey ...
Tags: Steel, Construction, Decoration, Steel Mill
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MMK's HR Product Shipments Amounted to 4.3 Million Tons,Decreasing by 14% Year on Year
Oct 12, 2013The Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) said that it plans to ship 427,000 tons of hot rolled (HR) steel products in October, down by 2% from a month ago. Among them, 261,000 tons were expected to ship to domestic ...
Tags: Construction, HR, MMK, steel
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The Suspension of Production at Alscon in March to High Cost of Aluminum
Oct 12, 2013The Aluminum Smelter Company of Nigeria (ALSCON) in Ikot Abasi Local Government Area of Akwa Ibom says it is losing US$6.1 million monthly due to high cost of production. Mrs Tatyana Smirnova, its Director of Public/Government Relation ...
Tags: Construction, Aluminum
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CME Plans to Launch an Aluminum Contract That Will Compete with The LME's product
Oct 12, 2013CME Group, the Chicago-based derivatives exchange, plans to launch an aluminum contract that will compete with the London Metal Exchange's product. CME, the world's largest futures exchange, is responding to a "key need to execute with ...
Tags: steel, Construction
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Turkey's Exports of Steel Pipes Rising by 4.62% Year on Year
Oct 12, 2013Turkey's exports of steel pipes totaled 1.4 million tons in the first nine months of this year, rising by 4.62% year on year, according to data released by the Turkish Steel Pipe Manufacturers Association (CEBID). Meanwhile, the country's ...
Tags: Steel Pipe, Construction
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