Archive for April, 2007

US steel imports keep decreasing

According to the statistics released by America on March 30, the steel imports was 2.65 million tons in this February, down by 10 percent for some 294,000 tons from January.
It is estimated that steel imports in the US will be further declined and the supply will be tighter in next few months as the selling [...]

Chinese long product export prices increasing

China’s exported rebar and H beam prices to South Korea have continuously increased, as the rebar price soared to US$480/MT (CFR) and H beam price at US$580/MT (CFR).
This rise is reflecting the seasonally strong demand and a lack of imports, especially for the high tension rebar.
The inventories at seven major rebar mills in South Korean [...]

World Leading Auto Makers Eye More Than Sales in China (Xinhua)

Many multinational automotive companies no longer see China as a sales market only, but are making it an important manufacturing, outsourcing, exporting and regional research base.
Such a move is highlighted at the Shanghai Automobile and Technology Exhibition, which opened on Sunday to public visitors.
Rick Wagoner, chief executive officer of the U.S.-based General Motors (GM), said [...]

Italian Textile & Clothing Association hopes to build trade ties

In the 4th Global Textile Economic Forum, which was held at the end of last month in Beijing, Chairman of Italian Textile & Clothing Association said that if China and Italy build closer and stronger cooperation, Chinese and Italian enterprises can flourish in future.
It is a fact that Italian Textile & Clothing Association has over [...]

China : Sewing Machinery Org meets Indian Clothing Association

On March 22, Tian Min Yu, Chairman of China Sewing Machinery Association, and Executive Vice President He Ye met with the four-member delegation led by India Garment Association Chairman Rahul N Mehta.
The two sides exchanged their views about the present situation of their associations, and further explored the different possibilities for cooperation. Both parties especially [...]

China’s business climate index remains

China’s national business climate index rose 8.2 percent year on year to 139.7 points in the first quarter, said the National Bureau of Statistics (NBS) on Thursday.
The index, based on a survey of 19,500 Chinese enterprises by the NBS, has remained at a high level since the second half of 2003.
The mining sector recorded the [...]

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