Chinese buyers were bargain-hunting in the seaborne market against a backdrop of generally bearish demand and were heard Friday to have snapped up two Capesize spot cargoes of 5,500 kcal/kg NAR coal for $83.50-84.75/mt CFR south China, with ...
Tags: Chemicals, CFR Cargoes Trade, Chinese Market
Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group has announced that in the January-February period of the current year its subsidiary Xuanhua Steel exported 33,235 mt of wire rod (all SAE grade), accounting for 19.6 ...
As of March 11, inventory of iron ore at 25 major Chinese ports amounted to 76.38 million mt, down 490,000 mt or 0.64 percent on week-on-week basis, as announced by China’s Xinhua News Agency. As of March 11, the Xinhua-China Iron ...
Tags: Iron Ore Inventory, Iron Ore, Iron, Ore
As of March 4, the Xinhua-China Iron Ore Price Index for imported iron ore with 63.5 percent iron content was at 151 points, down five points week on week, as announced by China’s Xinhua News Agency. Meanwhile, the Xinhua-China Iron ...
Tags: Iron ore inventory, Iron ore, Iron Ore Price
On March 5, the world's top luxury mobile phone brand Vertu said, its first Android luxury smartphone VERTUTI will be put into Chinese market. The highest version is priced at 160,000 yuan, which can be called the most expensive smartphone. ...
Tags: Vertu, mobile phone, China, phone market
China is targeting GDP growth of 7.5 percent and an inflation rate of 3.5 percent in 2013, as stated by Chinese Premier Wen Jiabao in his government work report speech delivered during the opening ceremony of China’s National ...
Tags: GDP growth, inflation, economy
China is forging a new identity for itself beyond that of a manufacturing haven. With wage rates rising rapidly, other Southeast Asian countries are stepping up to ll the shoes of "world factory," while China actively shapes its ...
Tags: Focus Vision, China, China's Economy
As of March 1, inventory of the main finished steel products (plate, hot rolled coil (HRC), cold rolled coil (CRC), rebar and wire rod) in the major steel markets in China totaled 21.751 million mt, up 1.367 million mt week on week and ...
Tags: finished steel inventory, steel inventory, finished steel
Speaking on February 27, Li Xinchuang, deputy secretary-general of the China Iron and Steel Association (CISA), stated that overall Chinese demand for iron ore in 2013 will reach 1.11 billion mt, up 5.7 percent year on year. The average Fe ...
In January this year, total automotive vehicle sales in the Chinese domestic market amounted to 2,034,500 units, rising by 12.41 percent month on month and up 46.38 percent year on year, as announced by the China Association of Automobile ...
Tags: auto sales, auto, vehicle
Jiangsu Province-based Chinese steelmaker Jiangsu Xingda Steel Cord Co., Ltd, a subsidiary of Xingda Co., has announced that in 2012 its sales revenue totaled RMB 8.06 billion ($868 million). Jiangsu Xingda Steel Cord holds a share of ...
Tags: Steel Cord, steelmaker, steel
In January this year, the purchasing managers’ index (PMI) of China’s steel sector declined to 49.3 percent, down 6.2 percentage points compared to the previous month, as announced by the China Steel Logistics Committee (CSLC) ...
Tags: Chinese Steel Sector, PMI, Mineral
Huawei squeezes HTC and enters the top 5 of global smart phone. IDC released smart phone rankings of the fourth quarter of last year, which was a major reshuffle. Chinese continent brand, Huawei, beat South Korea's LG and Taiwan's HTC with ...
Tags: Huawei, Smart Phones, phone market
China's Ministry of Industry and Information Technology (MIIT), the National Development and Reform Commission (NDRC) and the State-owned Assets Supervision and Administration (SASAC) have launched a merger and reorganization scheme for ...
Tags: steel sector, steel, cement
China's smartphone market is growing so fast that it is expected to be nearly twice as large as the U.S. market this year, according to research firm Canalys. Smartphone shipments to the Chinese market will reach 239.8 million units in ...
Tags: China, smartphone market, U.S.market