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China's top steel maker cuts May prices as demand remains weak2009-4-3 9:13:49
China's top steel maker, Baoshan Iron & Steel Co. Ltd. (Baosteel), said it would cut prices for a second straight month in May as there was no end in sight to a deepening demand decline in the world's No. 1 consumer.Prices would be cut by 200 yuan (29.30 U.S. dollars) to 500 yuan per tonne, the company said Wednesday. Steel prices vary, but a commonly used type of cold-rolled steel will cost 3
Knowing Brazilian laws can reduce trade disputes2009-3-26 13:40:38
Chinese businessmen need to learn more about Brazilian laws to protect themselves in trade disputes, suggests a Chinese law expert working in Brazil."With the trade growing between China and Brazil, there have been more and more trade disputes, as Brazil is a federal country which has a quite complex legal system", Zhang Jun, a lawyer from a well-known Brazilian law firm, recently told X
AMBA helps toolmakers develop more effective mold lien laws2009-3-18 9:50:14
Moldmakers are going to start playing hardball with their customers in regard to being paid for tooling. Bankruptcies among molders and OEMs are putting many mold suppliers in a squeeze that threatens their very livelihoods, and they are ready to say, “Enough!” In response to demand from its members, the American Mold Builders Assn. is working with members and chapters to help restruct
Think Global, Act Local!2009-3-11 9:37:36
Scan the headlines today and the news ranges from simply insane to the absurd. And that’s just the political section! Businesses are facing some of the greatest challenges experienced since the 1930s, unemployment is rising as fast as the deficit and politicians with the lowest approval rating in decades vote themselves pay raises. Remember, they work for us! We the People! Yet, it seems tha
The American Manufacturing Trade Action Coalition2009-3-9 9:23:48
This grassroots effort pledges to raise awareness on this country’s current trade policy and effect change to level the playing field in regards to U.S. manufacturing.For the past seven years, the American Manufacturing Trade Action Coalition (AMTAC) has made good on its mission to “preserve and create American manufacturing jobs through the establishment of trade policy and other meas
Are We Being Commoditized?2009-3-9 9:21:35
Look around. Whether you’re a supplier that thinks you’re special or a buyer that thinks you have a product that no one can afford not to bid on, you’re fooling yourself. There are many reasons for this.If you’re a supplier, you have to realize that machining or designing a part or product isn’t what it used to be. You used to be able to work in the channels that allo
Going Green Can Garner New Business2009-2-28 10:11:49
Adopting green initiatives is not only important to your business, it is important to your customer and should be a part of your standard business practices.These days, going green is all the rage in every industry in the country. Fortunately for the mold manufacturing industry, the move to green not only benefits the environment—it also can benefit your shop by opening doors to new customer

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