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Nanjing Iron and Steel H1 net profit up by 80pct YoYfor Trial and Payed members

Fri, 27 Aug 2010 02:39:00 GMT
Nanjing Iron and Steel posted a 79.85% YoY surge in H1 net profits rising to CNY 99.93 million from last year. Earnings per share rose a staggering 78.79%YoY to CNY 0.059 from the previous year. Ac...
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Baotou Steel post net profit of CNY 374 million in H1 2010

Fri, 27 Aug 2010 02:34:00 GMT
Inner Mongolian Baotou Steel Union Co Ltd realized net profit of CNY 374 million in the H1 of 2010 compared with last year deficit of CNY 748 million. Its business income in the reporting period re...
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UkrFa: Ukraine ferroalloy imports continue to increasefor Trial and Payed members

Fri, 27 Aug 2010 02:03:00 GMT
The Association of Ukrainian Ferroalloy Producers (UkrFA) has noted the continued growth of ferroalloys imports in the domestic Ukrainian market. Accordingly, in July this year, Ukraine imported 7,...
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US-based Timken has its new office in Indonesiafor Trial and Payed members

Fri, 27 Aug 2010 02:00:00 GMT
The Timken Company Thursday announced it has opened a new office in Jakarta, Indonesia. Affiliated with the Timken Singapore Pte, Ltd. subsidiary, the Jakarta office will serve growing demand in th...
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Ferroalloy prices increase in American marketfor Trial and Payed members

Thu, 26 Aug 2010 01:57:00 GMT
The expectation that domestic steel mills will expand production in the coming September shored up ferroalloy prices in American market over the past week, even as other industrial metal prices con...
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Metinvest posts $334 million net profit in 2009for Trial and Payed members

Thu, 26 Aug 2010 01:55:00 GMT
The Ukrainian mining and steel producing company Metinvest Holding (Metinvest) has announced in its annual report that in 2009, despite testing conditions in the market, it delivered a net profit o...
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Hebei to focus on building up three or four large steel groups by 2015for Trial and Payed members

Thu, 26 Aug 2010 01:54:00 GMT
At a recent conference on the adjustment on the steel industry structure in China's Hebei Province, it was revealed that the province will focus on building up three or four highly competitive larg...
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China Industrial Bank inks cooperation agreement with Hebei Steel

Thu, 26 Aug 2010 01:54:00 GMT
China Industrial Bank (CIB) inked a cooperation agreement with major Chinese steel producer Hebei Steel Group. According to the agreement, the CIB will provide various financial services to Hebei S...
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Chinese economy to stabilize in Q4-RBS

Thu, 26 Aug 2010 00:48:00 GMT
The Chinese economy will start to stabilize in the fourth quarter after the recent marked slowdown due to government tightening measures, but it might face downside risks next year as external dema...
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South Africa looks to boost investment from China

Wed, 25 Aug 2010 01:05:00 GMT
South African President Jacob Zuma called on Tuesday for greater investment in his country from China, as South Africa seeks to narrow its trade deficit with Beijing and bring growth to its sluggi...
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