While the Chinese government has committed to eliminating 80 million mt/year of steel capacity nationwide by 2017, the reduction will be gradual which will see demand for raw material ferrosilicon remain steady in 2014 as compared with ...
Tags: Steel Output, Ferrosilicon
German automobile manufacturer Opel is set to invest EUR245m at its Ruesselsheim plant in Germany to produce two additional vehicles later in the decade. The plant will also be responsible for the assembly of a future model under its ...
Tags: Opel, German Vehicle Production, automobile
The CFR China phthalic anhydride market has plunged to a three-year low amid weakness in China's real estate market, dragging South East Asian PA prices down with it, market sources said this week. PA is used to make dyes and is also a ...
Tags: Phthalic Anhydride, real estate, DOP
China is unlikely to reclaim its position as a major exporter of molybdenum oxide and ferromolybdenum despite the World Trade Organization ordering the country to remove export taxes and quota controls on the commodities, market sources ...
Softer coastal freight rates for shipping domestic thermal coal from northern to southern ports in China has put seaborne-traded cargoes at a slight price disadvantage, and renewed downward pressure on CFR South China prices, said traders ...
MAUSER Group has signed an agreement to increase its stake from 32.5% to 50% in intermediate bulk containers (IBC) joint venture (JV) Fanshun MAUSER Shanghai Packaging, located in China. The MAUSER Packaging's IBC production assets will ...
Tags: Packaging
Jaipur Rugs has garnered an internationally acclaimed reputation for their meticulously hand knotted rugs at the European market and will debut its designer rug collection in the American market soon. After unparalleled attention ...
Tags: Jaipur, China Markets, US Markets
The focus in the Chinese spot market was back on domestic thermal coal prices, which buckled in Asia trade and caused buying interest on cargoes of imported fuel to sink below $75/mt CFR South China in many cases, said market sources. ...
Tags: Buckles, Thermal Coal
As of March 10, inventory of iron ore at 25 major Chinese ports amounted to 103.21 million mt, indicating an increase of 2.17 million mt or 2.15 percent week on week, as announced by China's Xinhua News Agency. As of the same date, the ...
Tags: Iron Ore, Chinese ports, imported steel
Jonway Auto, a China-based subsidiary of American automaker ZAP has introduced a small electric vehicle sedan, SPARKEE, for city commuters in China. Developed collaboratively by ZAP and Jonway, the new SPARKEE is available in two ...
Tags: Jonway Auto, Electric Vehicle
High ethylene prices in Asia have been keeping margins of most ethylene derivatives in the red, forcing some MEG and polyethylene makers to consider trimming operation rates or closing entire production lines, sources said this week. In ...
Polytetrafluoroethylene accounts for the major share of fluoropolymer market. PTFE is the linear homopolymer of TFE with a repeat unit and is made by polymerizing TFE in water using free radical initiators. The PTFE market is experiencing ...
Tags: PTFE Market, Coatings, Inks
Gap Inc. announced Old Navy’s opening of the brand’s first store in China, continuing its expansion outside the U.S. With the debut of Old Navy’s first company-operated store, opening March 1 on Shanghai’s ...
Spot deals for Indonesian thermal coal were hard to come by as bids from both Indian and Chinese buyers are not firm due to rising freight rates, sources said Tuesday. "You can still sell coal to China, but prices are an issue," a ...
Tags: Thermal Coal, Mineral
In recent years, with the constant advance of China’s utilization process and sustained stability in urban fixed-asset investment, the total investment in highway construction enjoyed sustainable growth from RMB623.1 billion in 2006 ...
Tags: Road Maintenance, Machinery, Industry Report