Arab Today, arab today china approves citic securities for hk listing
Last Updated : GMT 19:10:18
Arab Today, arab today
Arab Today, arab today

China approves Citic Securities for HK listing

Arab Today, arab today

Arab Today, arab today China approves Citic Securities for HK listing

Seoul - AFP

South Korea\'s largest steelmaker Posco said Tuesday its mining joint venture in New Caledonia would nearly double nickel production by 2014, helping provide a stable supply of the key raw material. \"Securing nickel is very important to the stainless steel business due to its price volatility in global markets,\" Posco said in a statement. It said Societe Nickel de Nouvelle Caledonie et Coree, a 49:51 venture set up in 2006 between Posco and New Caledonia-based nickel processor Societe Miniere du Sud Pacifique, would raise production to 54,000 tonnes a year by 2014 from the current 30,000. To process the nickel shipped from New Caledonia, the joint venture plans to invest 480 billion won ($448 million) to build an extra facility by 2014 at the south coast city of Gwangyang. Nickel accounts for up to 60 percent of the cost of producing stainless steel. Posco, the world\'s third-largest steelmaker by output, produces three million tons of stainless steel annually. Dow Jones Newswires contributed to this report --  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today china approves citic securities for hk listing Arab Today, arab today china approves citic securities for hk listing

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today china approves citic securities for hk listing Arab Today, arab today china approves citic securities for hk listing

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday