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overcapacity
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Spanish Steel Product Exports up 6.9 Percent
Jul 9, 2014In the first four months of this year, Spanish steel exports amounted to 3.2 million mt, up 6.9 percent year on year, while the value of these exports totaled €2.44 million, according to the Spanish steelmakers association Unesid. ...
Tags: Steel, Metallurgy, Mineral, Energy
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China's Investments in LED Capacity Are Paying off
Jul 7, 2014China's massive investments in LED manufacturing capacity are paying off, with a Chinese company entering the top 10 global ranking (by revenue) of packaged LED makers for the first time, according to the IHS LED Intelligence Service of ...
Tags: LED, LED Market, LED Suppliers
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Giti Tire Group's U.S. Strategy to Get Closer to US Customers
Jul 2, 2014Enki Tan, executive chairman of Giti Tire Group, said the company’s U.S. strategy will be to increase the capability of Giti’s supply chain, and to be closer to customers in the U.S Following the announcement that Giti Tire ...
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China's Massive Investments in LED Manufacturing Capacity Are Paying off
Jun 27, 2014China's massive investments in LED manufacturing capacity are paying off, with a China-based company entering the top ranks of the global market for the first time ever, according to IHS. China's MLS Electronics in 2013 rose to the number ...
Tags: LED manufacturing, LED production
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Healthy Demand Has Continued to Improve in The Global Long Steel Products Market
Jun 13, 2014According to the short-range outlook report issued by IREPAS, the global association of producers and exporters of long steel products, demand has continued to improve in the global long steel products market, especially in the Americas and ...
Tags: Long Steel Markets, Healthy Demand
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AMG Aluminum Is Curtailing Its Annual Aluminum Alloys Capacity by 5,000 Mt
Jun 5, 2014Global specialty products supplier AMG Aluminum is curtailing its annual aluminum alloys capacity by 5,000 mt, or around 10% of its global demand, due to current market conditions, the company said Tuesday. AMG said in a statement its ...
Tags: AMG Aluminum, aluminum alloys, Soft Market
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Alacero Outlined Struggles to Reduce The Charges of Unfair Trade
May 30, 2014In a report this week, the Latin American Steel Association (Alacero) outlined struggles to reduce the charges of unfair trade between countries that are trading partners. Rafael Rubio, director of Alacero, expressed concern over an ...
Tags: steel demand, steel production
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The LED Front-End Equipment Market Experienced an Unprecedented Investment Cycle
May 28, 2014Driven by the fanfare over (and overestimation of) the LCD display market, the LED front-end equipment market experienced an unprecedented investment cycle in 2010-2011. The market surge was driven mostly by MOCVD reactor shipments to new ...
Tags: General Lighting, LED TV
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Vestolit Expects PVC Demand to Grow at a Pace of 2-3% a Year
May 21, 2014German PVC producer Vestolit expects European polyvinyl chloride (PVC) demand to grow at a pace of 2-3% a year, following years of contraction, amid a revival in the construction sector, company CEO Michael Trager said Monday. Over 60% of ...
Tags: PVC Demand, economic crisis
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Beijing Bureaucrats Are All Exhausted Just by Chasing a Sputtering Economy
May 20, 2014Beijing bureaucrats are all exhausted just by chasing a sputtering economy and trying to keep it moving. Some fine-tuning here, a bit of state spending there – all with the aim of meeting a GDP growth target. But if they want to stop ...
Tags: Economy Reform, China Economy
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Tata Steel Group Has Issued Its Group Financial Results
May 19, 2014India-headquartered steel giant Tata Steel Group has issued its group financial results including Tata Steel Europe for the fourth quarter and the full financial year ended March 31. Tata Steel Group's net profit doubled to INR 10.36 ...
Tags: Tata Steel, blast furnace
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Moody's Has Upgraded The Erdemir's Corporate Family Rating to Ba3
May 19, 2014International credit rating agency Moody's has announced that it has upgraded the Turkish steel producer Erdemir's corporate family rating to Ba3, affirming the rating outlook as stable. Moody's stated that the upgrade was prompted by ...
Tags: steel producer, credit rating
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European Methanol Spot Prices Have Fallen Below Eur300/Mt for The First Time Since 2012
May 16, 2014Northwest European methanol spot prices have fallen below Eur300/mt for the first time since October 2, 2012, under pressure from ample supplies in the market, according to sources. Platts assessed spot methanol at Eur299.50/mt ($411/mt) ...
Tags: Methanol, spot prices
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S&P Has Affirmed Its 'bbb+' Long-Term Rating for POSCO
May 9, 2014International credit rating agency Standard and Poor's (S&P) has announced that it has affirmed its 'BBB+' long-term rating for South Korean steelmaker POSCO, with the outlook remaining negative. S&P said that it expects POSCO's credit ...
Tags: POSCO, steel industry
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Environmental Friendly Stationery Arises at The Historic Moment of Staring
May 6, 2014Environmental friendly stationery arises at the historic moment of staring, attract many consumers and stationery manufacturers.Environmentally friendly stationery can be said to be the future prospect of young industry, however, industry ...
Tags: stationery, Office Supplies
