The International Monetary Fund said that Asia has emerged as a global powerhouse in the process of recovering from the worldwide economic crisis, and its economic performance will likely continue to grow down the road.
Mr Dominique Strauss Kahn MD of IMF said that “Asia has emerged as a global economic powerhouse from the recent worldwide [...]
The World Steel Association has published the 2010 edition of World Steel in Figures.
The largest five steel producing worldsteel member companies in 2009 were:
Rank
Country
Volume
Share
1
ArcelorMittal
77.5
6.3%
2
Baosteel
31.3
2.6%
3
POSCO
31.1
2.5%
4
Nippon Steel
26.5
2.2%
5
JFE
25.8
2.1%
In million tonnes
They accounted for 15.7% of global output
Source: worldsteel (13 Jul 2010)
The World Steel Association has published the 2010 edition of World Steel in Figures.
In 2009 the five major steel producing countries were
Rank
Country
Volume
Share
1
China
567.8
46.3%
2
Japan
87.5
7.1%
3
India
62.8
5.1%
4
Russia
60.0
4.9%
5
United States
58.2
4.7%
In million tonnes
They account for more than 68% of global crude steel output
Total world production was 1,226.5 million tonnes in 2009, down from 1,329.0 million tonnes in 2008.
Source: worldsteel (13 [...]
May 19, 2010, 10:40 AM EDT By James Paton May 20 (Bloomberg) — Petroliam Nasional Bhd., Malaysia’s state-owned oil and gas company, is interested in buying more stakes in Australian liquefied natural gas projects and boosting purchases of the fuel, the head of its local unit said.“We are here not for limited participation,” Petronas Australia [...]
Reefer box shortage may restrict world trade in produce containers could limit imports of fresh produce this year, reports produce convention. shipping companies remain reticent about the economic outlook attending the United Fresh Produce Association’s annual convention.”The shipping companies don’t want to overreact,” Mr Eslinger was shortage. But it’s still too early to tell” if [...]
The Board of Directors of France-based CMA CGM, the world’s third largest container shipping group, recently met under the chairmanship of M. Jacques R. Saadé to review the financial statements for the year ended 31 December 2009. In a container shipping environment where every player was severely affected by the global crisis – the [...]
Malaysian exports of rubber products including compound rubber to China may rise further in 2010 due to lower import tariffs under a free trade agreement and the country’s insatiable appetite for cars, an industry executive said Friday.
Exports of rubber products to China increased by 18% in 2009, tracking the astonishing growth in the country’s vehicle [...]
01 Feb 2010JFE Steel Corporation & Marubeni Itochu Steel Inc has been awarded the following line pipe orders for Gorgon Natural Gas Project operated by Chevron Australia Pty Limited:
1. 154 KMT of DNV450 Grade line pipe for the Gorgon and Jansz Export Flowlines
2. 18KMT of DNV450 Grade line pipe for the Gorgon Domestic Gas Line
The [...]
SINGAPORE: Rice is the only crop in Asia at risk of potential damage from El Nino as the weather phenomenon, which reduces rainfall, weakens and may spare coffee, palm oil, rubber and sugarcane output, an agricultural meteorologist said.
Drier-than-normal weather has affected rice crops in Myanmar, Thailand, northern Philippines and northern Malaysia, Bryce Anderson, chief agricultural [...]
