On March 10, Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang Group) announced that it has completed issuance of two-year corporate bonds worth a total of RMB 3 billion ($490 million). Baogang had received approval ...
In 2013, JAC sold 495,373 various types of vehicles and chassis, with an increase of 6.59 percent. Due to the optimization of product structure, the increase gross margin and other reasons, the company's profit growth is significantly ...
Tags: JAC, vehicles, light truck
Shanghai Futures Exchange (SHFE) has announced the holding of mock trading of hot rolled coil (HRC) futures at the SHFE on Friday, March 7. If all goes well, it is thought that trading of HRC futures could be launched at the SHFE by the end ...
Qinghai Province-based Chinese steelmaker Xining Special Steel Co. has announced that it plans to issue medium-term notes worth RMB 470 million ($76.8 million) on March 14. The notes in question will mature within seven years. Huaxia Bank ...
Tags: Special Steel, Medium-Term Notes
In the January-February period of the current year, China's total foreign trade value amounted to RMB 3.87 trillion ($632.35 billion), indicating a year-on-year rise of 0.9 percent, according to the Chinese customs authorities. In the given ...
Tags: Foreign Trade
On March 5, Chinese Premier Li Keqiang delivered his government work report during the opening meeting of the second session of the 12th National People's Congress (NPC) in Beijing, stating that in 2014 China's GDP is expected to grow by ...
Tags: Steel Capacity, Mineral
The profitability of steelmakers based in China's Hebei Province remained low in 2013, with 16 percent of key steel companies in the province suffering losses, according to media reports citing the recent 2014 board meeting of the Hebei ...
Tags: steelmakers, steel industry
The depreciation of the Chinese renminbi (RMB) in the last few days is likely to benefit the Chinese clothing sector, according to experts. In mid-February 2014, the exchange rate was US$ 1 = 6.06 yuan, which has depreciated to 6.15 ...
Tags: Clothing Sector, RMB Depreciation
On February 28, Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang Group) announced that in the current year it expects to produce 12 million mt of pig iron, 12.45 million mt of crude steel and 11.66 million mt of ...
Tags: Baogang, Crude Steel
Sichuan Province-based Chinese steelmaker Panzhihua Iron and Steel Co. (Pangang Group) has announced that it plans to issue short-term bonds worth a total of RMB 3 billion ($483.9 million) on March 4. This will be the company's first ...
Hunan Province-based Chinese steelmaker Hunan Valin Iron & Steel Co. (Hunan Valin Steel) has announced that in 2013 its net profit amounted to RMB 106 million ($17.26 million), compared to a net loss of RMB 3.254 billion in 2012. Valin ...
Tags: Valin Steel, Mineral
PRC, Bearish news continues to dominate the newswires in China. Many pork producers continue to be constrained by negative margins as the industry grapples with oversupply. Meanwhile, the poultry industry remains rocked by the H79N virus ...
Tags: Agriculture, Food
Shen Danyang, spokesman for China's Ministry of Commerce (MOC), has stated that the MOC holds a cautious but optimistic view on China's foreign trade situation in 2014 and is confident that the country's foreign trade will indicate similar ...
Tags: Customs data, Mineral
Jiangsu Province-based Chinese steelmaker Shagang Iron and Steel Co. has announced that in 2013 it recorded an operating revenue of RMB 10.7 billion ($1.75 billion), down 11.56 percent, while it achieved a net profit of RMB 26.2524 million ...
Tags: Shagang, net profit, reducing costs and revising product structure
From the organizers of the world’s largest trade expo for children, baby and maternity products – CBME China -- comes a new trade event focused on children fashion, Cool Kids Fashion. UBM China launches Cool Kids Fashion on ...
Tags: UBM China, Trade Show