IMMEDIATE ACTION TO UNITE AND ADVANCE BRAVELY
—— News information ——
China Steel Industry Network Information Center Editor: Xin Sun Austrian steel company voestalpine (Voestalpine) in a recently released its first quarter of this fiscal year (4-6 months in 2010) and profitability and is expected to be much better than the last full year profit of 352 million euros in fiscal year.
Details>>steel importers and exporters Imexbra Trading SA president Osvaldo Sicardi that Brazil's import of steel products will continue to be strong, is expected to rise to record in 2010 record 400 million tonnes, 1.8 million tons in 2009 to more than double.
Details>>World's fourth largest steel maker Nippon Steel said it expects to adjust the current steel market in Asia will not last too long, cut in China, and to technology stocks Hou will see recovery in demand from October to December.
Details>>Labasa Power Station will be held in September on the nine gates of dam maintenance, total project investment of 11 million euros . Cahora bassa hydropower installed capacity of 2,075,000 kilowatts, is Africa's second largest hydropower station, Mozambique has a significant economic impact.
Details>>Source: China 2010-7-9 14:07:21 market participants said, due to the lack of government public the project investment, Europe is quiet, especially the construction of Italy construction basically stagnant. By construction demand more, the influence of European rebar downturn prices drop. European domestic July shipment from the latest price of rebar three weeks of 460-490 euros per ton dropped to 450-460 euros per ton.
Details>>according to Russia, industrial and trade in the future five years in Russia steel company will invest $370 billion roubles (steel), and $1.2 billion in formulating government gives priority to the development of steel industry development strategy in the modernization program. In the past 10 years, Russian steel capital investment totaling 90 billion rupees ($29 billion).
Details>>
