Merry Christmas and Happy New Year
Xmas,
we would
like to put up
a tree in our heart
and put the names of all
our friends, Close friends and not
so close friends. A tree with very deep
roots and very looong and strong branches
so that their names will never be plucked from
our heart. “May the happy moments of Xmas brighten
every day of the new year 2009″. Sincere wishes of all of us.
In: news · Tagged with: christmas, greeting, happy new year
Chinese steelworks get halved export orders for Q4
China’s steelworks now are complaining that they only received halved export orders for the fourth quarter due to the weakening demand caused by global financial crisis and wait-and-see attitude of foreign buyers, said Luo Bingsheng, vicechairman of the China Iron and Steel Association (CISA).
The export volume of China’s steel products would obviously decline from the fourth quarter of this year to the first quarter in 2009, Luo added.
In January-September period, the net export volume of crude steel (converted from the steel products) reached 39.469 million tons, decreasing 5.18 million tons or 11.61 percent from the same period of last year.
In the first nine months, China’s steel export to South Korea increased by 38.09 percent to 11.9512 million tons, the export to Southeast Asia areas went up by 3.82 percent to 7.8645 million tons, and the export to the U. S. inched up by 0.57 percent to 3.4725 million tons.
But in the same period, China’s steel export to 25 countries of European Union decreased by 29.83 percent to 6.3659 million tons, and the combined export to Arroba, Sandbox, and Iran dipped 20.08 percent to 4.3181 million tons.
To cope with the negative effects brought by global financial crisis, a feasible way for China’s steelworks seems to control the total quantity of output, restrict output or transform to produce other well-selling steel products.
In: news · Tagged with: financial crisis, steelwork