According to the World Steel Association (worldsteel), in 2012 the crude steel output of 64 countries surveyed across the globe reached 1.55 billion mt, increasing by 1.2 percent on year-on-year basis, hitting a new record for global crude ...
Tags: crude steel output, crude steel, crude steel production
Taiwan-based LED chipmaker Epistar and Japan-based Toyoda Gosei have signed an agreement to set up a joint venture for the China market. According to Toyodo Gosei, the LED market in China has been plagued by price competition making it ...
Tags: LED chipmaker, Epistar, Toyoda Gosei, LED market
South Korea’s LS Industrial Systems has won a $67-million deal to build power distribution control centres for the Iraqi government. Under the deal with the Ministry of Electricity, the company will build seven distribution ...
Tags: Industrial Systems, Electricity, power distribution control centres
In November 2012, the unemployment rate of the 34 Organisation for Economic Co-operation and Development (OECD) member countries was stable at eight percent, unchanged from the previous month, according to new figures published by the OECD. ...
Tags: Unemployment rate, OECD countries, euro area
Asian isomer-grade mixed xylene spot prices have slumped around 8% since reaching record highs of $1,427.50/mt FOB Korea and $1,446.50/mt CFR Taiwan on January 7, Platts data showed. On Wednesday, the mixed xylene was assessed at ...
Tags: mixed xylene spot, mixed xylene market, mixed xylene spot price
South Korea-based tier-two LED lighting firms Kumho Electric and Posco LED saw 2012 revenues grow 121% and 184% respectively on year. The firms' 2013 revenues are forecast to show on-year growth of 42% and 150%, reaching KRW123.3 billion ...
Tags: South Korea, LED lighting, Kumho Electric, Posco LED, 2012
The China government is likely to levy punitive tariffs on polysilicon makers from Europe, the US and South Korea in the first quarter of 2013. Recently, domestic material makers have been aiming for a price increase. Market observers ...
Tags: China government, polysilicon makers, prices
China's domestic toluene price has fallen 4.8% in seven trading days since hitting a peak of Yuan 10,375/mt on January 7, Platts data showed Wednesday. The price was heard at Yuan 9,900/mt, or $1,309.81/mt on an import parity basis ...
Research in Motion announced Wednesday that credit card company Visa has approved RIM's Visa for use in mobile payments made with smartphones or tablets that use a Near Field Communication chip. The system, called Secure Element Manager ...
Tags: Research in Motion, Visa, mobile payments
Iraq and the Russian state oil producer Gazprom Neft have awarded an $879 million contract to South Korea’s Samsung Group to develop the Badra oil field in eastern Iraq. Samsung will design and build phase two of a central ...
Tags: Samsung, Badra Deal, Iraq
Poor weather at Qinhuangdao and other coal export ports in northeast China have impeded some coal shipments to power plants along the Asian country's coastline, but well-covered Chinese end users were refraining from panic buying in the ...
Tags: Qinhuangdao, coal shipments, coastline
H&M is proud to announce the names of the eight finalists of the H&M Design Award 2013. The finalists, invited to take part from nineteen design schools in Europe, were selected by an H&M jury led by Ann-Sofie Johansson, H&M’s Head of ...
Tags: H&M, H&M Design Award, 2013, finalists
Epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA Inc says that the Korean Photonics Technology Institute (KOPTI) has purchased a GEN20 molecular beam epitaxy (MBE) system. The system will be ...
Tags: process equipment, Veeco Instruments Inc, molecular beam epitaxy
After selling off its premium brands – Jaguar, Land Rover, Aston Martin and Volvo – Ford championed its leftover luxury marque, Lincoln, at the Detroit auto show, revealing a new compact SUV, announcing the introduction of two ...
Tags: Ford, Lincoln Luxury Brand, Jaguar, Land Rover
An imprintable and bendable , according to the country's Yonhap News Agency. If the report is accurate, this would be a world-first for the technology industry, and could pave the way for flexible phones and tablets, effectively ...