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Market View
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STIHL Has Completed an Expansion Project in Qingdao City
Nov 5, 2013German maker of chain saws and outdoor power tools STIHL has completed an expansion project in Qingdao City, Shandong Province, east China. The local plant being expanded is completed in 2006. This time, area coverage is widened from ...
Tags: Industrial Equipment, Components, Tools, Hardware
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China's Annual Total Number of Outbound Tourists Will Reach More Than 200 Million People
Nov 5, 2013According to the United Nations World Tourism Organisation (UNWTO), by 2020, China's annual total number of outbound tourists will reach more than 200 million people. Foreign Minister Wang Yi said recently that China will do everything ...
Tags: Visa-Free Countries, Service
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Tourism Service Provider Qunar.COM Under Baidu Inc.Has Gotten Listed on The NASDAQ
Nov 5, 2013Tourism service provider Qunar.com under Baidu Inc. (Nasdaq: BIDU) has gotten listed on the NASDAQ. According to IPO price range fixed for USD 15 per ADR, financing of Qunar.com will reach USD 167 million. The figure will swell to USD 192 ...
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AMP Asset Management Will Start Operation From November 6
Nov 5, 2013Vice president of China Life Insurance (Group) Company revealed that first insurer-controlled fund company China Life AMP Asset Management will start operation from November 6. China Life AMP Asset Management is sponsored and established ...
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China Has Agreed to Invest USD 22 Billion in Different Projects in Iran
Nov 5, 2013China has agreed to invest USD 22 billion in different projects in Iran to replace to the oil export revenue. According to the report, in the first nine months of this year, China imported 16.01 million tons -- of oil from Iran, equaling ...
Tags: Metallurgy, Mineral, Energy, Oil, crude oil
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GSC Packaging Operates a State-of-The-Art Contract Packaging Facility
Nov 5, 2013GSC Packaging (www.gscpackaging.com) operates a state-of-the-art contract packaging facility, producing pouches, stick packs, envelopes and other flexible containers for packaging of food products and nutritional supplements. The entire ...
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HSBC China Final Manufacturing PMI Was The Highest in The Past Seven Months in October
Nov 5, 2013The HSBC purchasing managers' index (PMI) for China rose to a final reading of 50.9 in October from 50.2 in September, unchanged from the flash estimate released previously, HSBC Holdings PLC has announced. The final manufacturing PMI ...
Tags: PMI, Metallurgy, Mineral, Energy
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Tangshan Iron and Steel Exported 528,900 MT of Long Steel Products During The Jan-Oct
Nov 5, 2013On November 4, Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group announced that during the January-October period this year its subsidiary Tangshan Iron and Steel Co. exported 528,900 mt of long steel products, hitting a ...
Tags: Metallurgy, Mineral, Energy, steel
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The US Rig Count Increased , While The Canadian Rig Count Declined
Nov 5, 2013Baker Hughes reported that for the week ending November 1, the US rig count increased by four to 1,742, compared to a one-rig decrease the previous week.? However, the rig count is still down by 40 from 1,800 rigs during the same week a ...
Tags: Metallurgy, Mineral, Energy
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Euro Zone Manufacturing Sector Carried Modest Third Quarter Recovery Into Final Quarter
Nov 5, 2013The euro zone manufacturing sector has carried its modest third quarter recovery into the final quarter of the year. Markit's Eurozone Manufacturing Purchasing Managers Index (PMI) rose to 51.3 in October, up from 51.1 in September and ...
Tags: Metallurgy, Mineral, Energy
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Indian HRC Are Quoted at US$635/ton Ex. Mill, Keeping The Same with The Previous Price
Nov 5, 2013Currently, Indian hot rolled coils (HRC) are quoted at US$635/ton ex. mill, keeping the same with the previous price. With the coming festival of Diwali, the transaction has fallen into a low level while the mills kept the base price flat. ...
Tags: HRC, Construction
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Chinese Shagang Announced to Remain Its List Prices for HRC Unchanged for November
Nov 5, 2013The Chinese steelmaker Shagang announced to remain its list prices for hot rolled coils (HRC) and plates unchanged for November. After the adjustment, its prices for Q235 HRC with thickness of 5.5mm are at RMB3,550/ton; those for SPHC HRC ...
Tags: HRC, steel, Construction
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Tang Eng Decided to Keep The November Prices for Its Stainless Steel Products Unchanged
Nov 5, 2013After Yieh United Steel Corp. (Yusco) announced that the November price October 30th, Tang Eng decided to keep the November prices for its 200 and 300 series stainless steel products unchanged for November. Tang Eng said that it decided to ...
Tags: Metallurgy, Mineral, Energy, Stainless Steel
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China's Manufacturing Sector Is Gaining Strength and Paving The Way for a Steady Economy
Nov 5, 2013China's manufacturing sector is gradually gaining strength and paving the way for a steady economy, two surveys showed Friday, though mixed signals remain in areas including new orders. China's official Purchasing Managers' Index (PMI) ...
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Sinopec Corp Has Won Initial Approval From China's Top Economic Planner
Nov 5, 2013Sinopec Corp has won initial approval from China's top economic planner for a plan to build a US$10 billion refinery and petrochemical complex in Shanghai, two company officials said. China, the world's largest net importer of oil, is ...
Tags: Metallurgy, Mineral, Energy
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