China firms hungry for more resources

Companies to continue global hunt for lucrative commodities
China, the world’s largest metal consumer, will add to last year’s record $32 billion spending on resource acquisitions as demand for iron ore, copper and oil soars with the fastest economic growth since 2007.
Chinese companies will hunt for iron ore, coal, oil, copper and gold assets, said Jing [...]

Fenestration China Expo

Start Date
27-NOV-09
End Date
29-NOV-09

Venue
City / State
Country

National Agricultural Exhibition Center (NAEC)
Beijing
China

Event Profile:
Fenestration China-International Exhibition on Windows, Doors, Skylights and Curtain Wall Technology, Components and Prefabricated Units. This is one of the leading trade fair in China for Fenestration industry. The exhibition will be held between 27-29 Nov 2009 at National Agricultural Exhibition Center (NAEC).

Tags: aluminum, Beijing, China [...]

Chalco returns to profit in Q3

Aluminium Corp of China Ltd, the world’s most valuable aluminium maker, returned to profit after three quarterly losses, and analysts said surging demand should keep it profitable in 2010.
Rival Alcoa Inc surprised Wall Street earlier this month with its first profit in a year, a product of cost cutting and higher aluminium prices.
“We did believe [...]

Power tariffs turn on cheaper electricity for industrial firms

China has for the first time set power tariffs in its direct power trading pilot program between big users and generators, which gives industrial manufacturers access to cheaper electricity.
As part of its power market reform, the government announced in March that it will open up to a fifth of China’s power market for users and [...]

Chalco raises alumina prices as demand recovers

Aluminum Corp of China Ltd, the world’s third-largest alumina producer, yesterday raised its spot prices by 3.9 percent, the third hike in two months amid recovering demand.
Prices for the material used to make aluminum rose to 2,650 yuan (US$388) a ton from 2,550 yuan, the Beijing-based company, commonly known as Chalco, said on its Website. [...]

EU imposes anti-dumping tariffs on Chinese aluminum foil

The European Union decided Thursday to impose five-year duties on aluminum foil imported from China, Brazil and Armenia over alleged dumping charges.
The EU said in its decision that the duties were up to 30 percent as a punishment to Chinese exporters for selling the product at below cost, or dumping. Reports say that Shanghai-based Alcoa [...]

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