China will encourage Chinese steel enterprises suffering from overcapacity to transfer their businesses to overseas markets where the steel market is still very big, a top official was quoted in a statement published on the website of the ...
Tags: steel enterprises, steel industry
Mexican steel producer Industrias CH (ICH) announced this week that it has $611 million in cash available to make acquisitions next year. Sources close to the firm said that increased operations would materialize in the short term, ...
Tags: steel, metallurgy
Top Azerbaijani,EU and US officials and members of the Shah Deniz consortium gathered in Baku on Tuesday to celebrate a major milestone in the development of a new energy corridor that will connect Caspian natural gas to Europe and provide ...
Tags: Top Azerbaijani, EU, Shah Deniz consortium, energy corridor
China's manufacturing grew at its strongest rate in 18 months in December but new exports fell from the previous month due to weak global demand, a survey showed Monday. HSBC Corp. said its monthly purchasing managers' index rose to 51.1 ...
Currently, European and Japanese heavy truck brands take the majority in Malaysia transportation industry. Over the past few years, Chinese brands are playing an increasingly influential power as more and more Chinese truck builders enter ...
In another sign of the government's resolve to tackle the problem of excess industrial capacity, the Ministry of Land and Resources will reject applications for land acquisition by companies in sectors with low capacity utilization ratios. ...
Tags: Surplus Capacity, Mineral
Most domestic steelmakers are seeing an improvement in their third-quarter performance. Fifteen of the 20 listed steel companies that issued third quarter reports made profits, as opposed to last year, when up to 90 percent of the steel ...
Tags: Steel Industry, Steelmakers
Affected by the factors such as slowdown in growth rates of downstream sectors like iron and steel, building materials, and glass as well as the reduced demand of refractories for infrastructure construction, China's refractory materials ...
Tags: Construction, glass, steel, building materials
Asian demand, especially by China, is exploding, but benefits to the nation are years away The global liquefied natural gas war is heating up with an increasing number of companies adding to their production capacities, driven by the ...
Tags: Natural Gas, Energy Darling
According to the latest figures of HSBC, the United States exports will increase in the second half of 2013. One of the rapid growth export industry is industrial machinery and transport equipment in the infrastructure construction. In ...
Tags: economy, America export
Although there is no firm yardstick to gauge its real impact, China Investment Corp has in many ways been the most representative face of Chinese investment in Europe. Apart from its regular activities such as equity and other investments, ...
Tags: Sovereign Wealth Fund, economy, China
China's business activity surged to a 17-month high in August, providing fresh evidence that the protracted economic slowdown in China may be bottoming out. Industrial production gained 10.4 percent from a year earlier, picking up from ...
Tags: Steel Leads, Steel Sector
China's economy performed better than expected in July with inflation stable and industrial production strengthened. China's consumer price index, the main gauge of inflation, grew 2.7 percent from a year earlier in July, with retail ...
Tags: China's economy
It is learned that recently 30 HOKA dump trucks of Sino Truck delivery ceremony was held at Guizhou Bijie Shunlian Automotive Trade Co., Ltd. About 40 people attended this ceremony, such as Liu Zhengtao, GM of Sino Truck Jinan Commercial ...
Tags: Sino Truck, Dump Trucks
Canadian distributor Market Solutions International, which services the oil sands region of Canada, recently purchased 100% recycled STRUXURE® Construction Mats from AXION. The 16 ft long mats are to be used in Northern Alberta as a ...