
A worker checks product quality at a steel plant in Panzhihua, Sichuan province. By forcing steel mills to join hands, the Chinese government hopes they will be stronger force in talks with international miners. Xu Ruiping / for China Daily
Around 300m tons of capacity to close down in consolidation move
BEIJING – Around [...]
June 19, 2010 | Posted in
Steel |
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Chinese steelmakers are likely to cut production in the third quarter because of “weak” demand from auto and appliance makers, according to the nation’s second-biggest mill.
Customs inspectors collect iron ore samples imported from Iran in Rizhao Port, Shandong province. China increased iron ore imports by 42 percent to a record 628 million tons in 2009.
Slower [...]
June 10, 2010 | Posted in
Steel |
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An exclusive real estate agency is promoting an even more exclusive sales team following its official launch on Tuesday.
The agency – which deals in top-end properties, affordable only by the capital’s wealthiest – is composed of
more than 30 sales directors and “outstanding salespeople”, armed with rich working experience in famous [...]
June 10, 2010 | Posted in
Real Estate |
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BEIJING – German company BLG Logistics is actively seeking business opportunities in China as local automakers gear up to sell their cars in European markets.
A vehicle assembly line at Chery’s plant in Wuhu, Anhui province. Transnational logistics company BLG has helped Chery transport thousands of cars from China to Russia. [...]
June 10, 2010 | Posted in
Industries |
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