Market Views of Global Trade - Made-in-China.com

China's NDRC Refuted Local Media Reports

Apr 1, 2013

China's National Development and Reform Commission on Thursday refuted local media reports that it was planning to raise the price of natural gas. In a statement on its website, the NDRC said media reports about a sharp rise in natural ...

Tags: natural gas, Metallurgy, Mineral, Energy

Brazil-Based Miner Vale Committed to Underground Mining at Canadian Nickel Mine

Apr 1, 2013

The government of Newfoundland and Labrador has announced that Brazil-based miner Vale has committed to expanding the Voisey's Bay open pit nickel mine in the Canadian province of Newfoundland and Labrador to include underground mining. The ...

Tags: steel, Metallurgy, Mineral, Energy

Japan Exported HR Steel Flat Products in January,up by 3% From a Month Ago

Apr 1, 2013

Japan exported 1.35 million tons of hot rolled (HR) steel flat products in January, up by 3% from a month ago and jumping by 41.7% year on year, according to the data released by Japan's Ministry of Finance. In January, Korea was the ...

Tags: Steel, Steel Flats, Metallurgy, Mineral, Energy

Yusco Cuts April Prices for Its 300 Series Stainless Hot Rolled and Cold Rolled Products

Apr 1, 2013

It is reported that Taiwan's Yieh United Steel Corp (Yusco) announced to cut April prices for its 300 series stainless hot rolled and cold rolled products by up to US $50/ton for overseas customers, and by NT2,500/ton for domestic buyers. ...

Tags: Taiwan, steel, Metallurgy, Mineral, Energy

India Has Made It Difficult for Local Steelmakers to Increase Prices

Apr 1, 2013

It is learned that the current hot rolled coil price from local steelmakers is around 6%~9% lower than imported Chinese steel, which is contrary to the historical trend of a premium over international prices. According to vice president of ...

Tags: Metallurgy, Mineral, Energy, steel

SKS Has Been Making Flexible Hose Mini Pumps for More Than 20 Years

Apr 1, 2013

SKS' new Spaero Sport high pressure mini pump?features an extendable, flexible inflation hose protected by a streamlined dust cover. The?design allows the pump base to be placed against the ground or rim as a leverage point for inflation, ...

Tags: High-Pressure Minipump, pump, Industrial Equipment

Bell Helmets Is Working to Recall About 2,500 BMX Helmets Sold Exclusively at Toys R Us

Apr 1, 2013

Bell Helmets is working with the Consumer Product Safety Commission to recall about 2,500 BMX helmets sold exclusively at Toys R Us. The helmet's buckle can release on impact, allowing the helmet to fall off the rider. This recall ...

Tags: helmets, Transportation, Toys

Taiwan's Steel Pipe Makers Announced to Remain List Prices Unchanged for April

Mar 29, 2013

It's reported that the Taiwan's steel pipe makers announced to keep list prices unchanged for April, in response to unchanged prices of raw materials. Chung Hung Steel, the major upstream raw material supplier to steel pipe makers in Taiwan ...

Tags: Steel Pipe, taiwan, Metallurgy, Mineral, Energy

Central Markets Introduced an Insurance Policy to Secure Retail Customers' Funds

Mar 29, 2013

Central Markets, a UK-based stockbroker has introduced an insurance policy to secure retail customers' funds, if one of its platform providers become insolvent. Underwritten by Lloyd's of London, the policy forms part of the company's ...

Tags: insurance product, insurance, insurance industry

Legal & General Purchases 75% Share Capital of Cofunds Holdings

Mar 29, 2013

British insurer Legal & General Group has entered into an agreement to purchase 75% share capital of Cofunds Holdings, in a deal valued at approximately 131m in cash. The acquisition, which will be financed form the existing cash ...

Tags: insurer, financial services, general insurance

Pethealth Inked an Agreement to Acquire Certain Assets of PurinaCare Insurance

Mar 29, 2013

US veterinary medical insurer, Pethealth has inked an asset purchase agreement to acquire certain assets of PurinaCare Insurance Services' pet insurance operations. The agreement was signed between Pethealth's subsidiary PTZ Insurance ...

Tags: pet insurance, insurance, medical insurer

Allianz Has Inked an Agreement to Acquire Turkish Property and Casualty Underwriter Yap

Mar 29, 2013

Munich-based insurer Allianz has inked an agreement to acquire Turkish property and casualty underwriter Yap Kredi Sigorta including its life and pension subsidiary Yap Kredi Emeklilik, in a deal valued at TRY1.6bn (€684m). ...

Tags: insurer Allianz, insurance products, insurance

WSIB Selected Guidewire InsuranceSuite Solution for Rating, Underwriting

Mar 29, 2013

Canada-based Workplace Safety and Insurance Board (WSIB) has selected Guidewire InsuranceSuite solution for rating, underwriting, policy administration, billing, and claims management. WSIB will deploy InsuranceSuite to increase customer ...

Tags: Insurance Board, WSIB, Insurance

8 Batches of Tea Leaves,Roasted Seeds&Nuts,Candy&Health Products Were Taken off Shelves

Mar 29, 2013

The ShanghaiDaily.com reported that Shanghai's quality watchdog said that eight batches of tea leaves, roasted seeds and nuts, candy and health products were taken off the shelves. Their producers have been ordered to fix the problem, ...

Tags: Packaging, Printing

Mexican Steel Consumption in 2012 Was Increased to 23.6 Million Tons

Mar 29, 2013

It is learned that Mexican steel consumption in 2012 was increased to 23.6 million tons from 21.2 million tons in 2011, around 11.2%. But for Mr. Alonso Ancira, president of Mexican steel institution Canacero, the beneficiaries of the ...

Tags: Steel, Metallurgy, Mineral, Energy