In December 2012, the total value added of the industrial enterprises above designated size was up 10.3 percent year-on-year (the following growth rates of value added are real growth rates, after deducting price factors), 0.2 percentage ...
Tags: Industrial Production, value, heavy industry
On January 16, Zhejiang Province-based Chinese steelmaker Hangzhou Iron & Steel Group Company (HISGC) announced that its sales revenue and net profit in 2012 totaled RMB 91.281 billion ($14.6 billion) and RMB 803 million ($128.7 million) ...
Tags: Hangzhou, Steel, Sales Revenue, 2012
Jiangsu Province-based Chinese steelmaker Shagang Group has announced that in 2012 its sales revenue amounted to RMB 218 billion ($34.6 billion), up five percent year on year. Meanwhile, in 2012 the group achieved pre-tax profits of over ...
Tags: steelmaker, steel, finished steel
It's reported that the majority of the steel mills in China posted lower profits in steel production in 2012, suffered by high raw material cost, weak market demand and oversupply problem. As results, the profit of steelmakers in Hebei ...
Tags: Steel, Steel Mills
On January 15, Beijing-based Chinese steel producer Shougang Group announced that its estimated total output of crude steel in 2012 was 31.42 million mt, up 4.6 percent or 1.38 million mt year on year. In addition, the group’s sales ...
Tags: Shougang, Beijing, steel, crude steel
Chongqing-based Chinese steelmaker Chongqing Iron and Steel Co. (Chongqing Steel), a subsidiary of Chongqing Iron and Steel (Group) Co., has signed a strategic cooperation agreement for shipbuilding steel supply in 2013 with Zhejiang ...
Tags: Chongqing, steelmaker, Chongqing Iron
Zhejiang-based Chinese company Weisheng Holding Co. has started production at its electro-slag ingot project for high-quality special alloy steel in the Xiaoshan district of Hangzhou city in China’s Zhejiang Province, as reported by ...
Tags: alloy steel, die steel, precision alloy steel, steel
China’s gear output reached 1.90 million tons in 2012, rising 36.6% from a year earlier. Although the overall scale and growth indicates China’s strong gear demand, there is still a large gap between China and foreign countries ...
Tags: Gear Industry, gear output, Gear Companies
Construction has started on Hebei Province-based Chinese steelmaker Ganglu Iron and Steel Co.'s new ferronickel alloy project which has a planned annual output capacity of one million mt, as announced by state-owned China Metallurgical ...
Tags: Ganglu Iron and Steel, alloy project, annual output capacity
Guangxi Zhuang Autonomous Region-based Chinese steelmaker Liuzhou Iron and Steel (Group) Co. has issued its financial results for 2012, indicating primary operating revenues of RMB 50 billion ($8 billion) and a net profit of RMB 210 million ...
Tags: Liuzhou Iron and Steel, steel, financial results, operating revenues
Fujian Province-based Chinese steelmaker Sangang Minguang Co. Ltd has announced an estimated net loss of RMB 164-291 million ($26-46 million) for 2012. In the first three quarters of last year, the company’s net loss had totaled RMB ...
Tags: Sangang Minguang, net loss, steel market
Chinese steel producer Shandong Iron and Steel Co. has successfully completed a hot run test at the rebar production line of its Xinjiang-based Kashi iron and steel project, according to the state-owned Metallurgical Corporation of China ...
Tags: Shandong Iron and Steel Co, rebar production line, steel project
Wu Yuhai, general manager and vice president of Chinese steelmaker Tianjin-based Tiantie Metallurgical Group Co., Ltd, has announced that in 2012 the company's annual outputs of pig iron and crude steel amounted to 4.59 million mt and 4.32 ...
Tags: Tiantie Metallurgical Group, annual outputs, pig iron, crude steel
According to Hurun Report, high-end wine and expensive watches are no longer popular in high-class gifts market after Chinese government punished officials against extravagance and waste. The "richmen's favourite gift brand" ranking list ...
Tags: Hurun Report, wine, watches
Chinese state-owned shipbuilding conglomerate China State Shipbuilding Corporation (CSSC) has announced that its net profit is expected to decrease by 95-100 percent year on year in 2012, due to declining volumes of ships under ...
Tags: China, CSSC, Net Profit, 2012