China's steel industry improved its profitability in the first seven months, due to rising steel prices, an industry insider said Saturday. Although sales revenues of 373 steel companies fell 11.91 percent to 1.5 trillion yuan (225 ...
Tags: Steel Companies, steel industry
China's value-added industrial output, an important economic indicator, increased mildly in August -- an encouraging sign for a slowing economy. Industrial output expanded 6.3 percent year on year last month, faster than the 6-percent ...
China saw a record number of firms established in 2015 despite the slowing economy, official data showed. Chinese set up a total of 4.44 million companies last year, up 21.6 percent from a year ago, which means 12,000 new companies every ...
Tags: Chinese economy, economic slowdown
As demand for exports continues to slip and the real estate sector cools, China expects consumption and the service sector to help pick slack. The nationwide shopping spree on Single's Day (Nov. 11) offered solid proof of the spending ...
Mainly benefiting cost savings from utilization of in-stock raw materials procured earlier at lower prices, Taiwan-based China Steel Corp. (CSC), the island's largest steelmaker by size, therefore chalked up a 54-percent growth in pretax ...
Tags: raw material, global market, coking coal, iron ore
Some experts predict that the sales of natural gas heavy trucks will rise largely this year, and some even say that the sales may amount to 60,000 units per month in 2015. However, the truth is sales of natural gas heavy trucks decreased ...
Chinese consumers will continue to increase in wealth and complexity, and fears about the country' s slowing economy are overblown, experts said. Many people who worry about economic rebalancing in China focus only on the low share of ...
Tags: Chinese consumers, slowing economy
China will accelerate the overhaul of its overly-invested iron and steel sector to bring it back to a "basically balanced level" by 2017, the industry ministry said. The Ministry of Industry and Information Technology (MIIT) said it would ...
Tags: Steel Industry, Iron Steel
China will accelerate price reform this year in sectors such as electric power, head of the country's top price regulator said Thursday. The National Development and Reform Commission (NDRC) will further strengthen its efforts on price ...
Tags: Price Reform, electric power
The fur trade has slowed over the past year in China, but rising demand from northern parts of the country and smaller cities has been a strong factor in global sales growth and prices this year, according to industry participants. Mark ...
The following installment of MarketEYE offers the reader both an annualized summary and a month-by-month analysis of the global passive electronic component markets for calendar year 2014. Passive electronic components are defined for the ...
Tags: electronic components, Electrical
A combination of low inventories and refinery maintenance could be spurring some Chinese state-owned companies to seek gasoil imports for the fourth quarter, sources said this week. Though market sources said that state-owned trader ...
Tags: Gasoil, sulfur gasoil, crude oil
Growth in China's auto market, the world's biggest, will halve to 7 percent this year weighed down by a slowing economy, the head of an industry body said. "Personally, I think growth this year can reach 7 percent," Dong Yang, ...
Tags: auto market, Automobile
China just notched up its third-largest quarterly trade surplus on record: a whopping $86 billion, equivalent to roughly the entire output of the Danish economy over the same time. But if you look a little bit closer at the seemingly ...
Tags: economy, china trade surplus, china economy
With a new government in power in India following last month's elections, Chinese iron ore importers are waiting to see if any policy changes will be forthcoming that could lead to a hike in their imports. India was China's third-largest ...
Tags: Metallurgy, Mineral, Energy, Iron Ore