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Laser as a means of advanced materials processing, after nearly 30 years of development and application of technological innovations, particularly in Germany, the United States and Japan, continued to give their laser research and industrial policies to support and funds to make high-Germany Power laser materials processing system, the United States in the optical and laser devices, laser precision in the Japanese system to obtain a leading position.

Investment of 3.1 billion text of the source of good feng (Tangshan) precision sheet metal processing projects on Oct. 29 in Caofeidian started.

Toyota Textile August 20, 2008 to the news media for the first time the company's independent development of precision stamping process "FHS" of information technology. General and the precision stamping process - fine blanking (FB) compared to high-speed and high-precision processing. The company has the technology used in car seats round-angle transfer of parts, oil filter, as well as the lock-chip production.

Now machinery industry, spring up all over, more and more transparency, more and more profit is low, foreign trade is now also a lower profit, all need to run, cut and attached to various types of material prices, machining is also a growing By the more powerful pressure.
Private machinery processing industry is facing unprecedented competition, the competition is mainly price competition. Behind the cover price competition in the industry crisis

In China's hydropower equipment manufacturing, sales, maintenance services, water and electricity Toshiba Equipment Co., Ltd. (hereinafter referred to as water and electricity Toshiba), in order to adapt to China in the Asian region, led by demand for the expansion of hydropower facilities, in the year 2009 before the implementation of the About the total amount of 170,000,000 yuan (about 25 billion yen) investment in equipment (chart). As one of the links in November 13, 2008 generator coil and core manufacturing products such as electrical plant expansion will be completed.

It is reported that Chinese ministry of commerce has sent delegates to Shandong and Hebei for getting a clear picture of the losses suffered by local steelmakers and the ministry is expected to submit a report to Beijing later.

In fact, sources reveled in late October that the central government is considering a lift of tax rebate on high value added steel exports at an appropriate timing.

The government is working on a new raw material policy by which steel companies could be asked to revise prices of steel products once
in a quarter. As of now steel companies enjoy full pricing freedom and typically, prices of steel are revised on a monthly basis in line with global prices. The government’s move is aimed at checking the impact of volatility of steel prices in the economy.

Steel products are used as raw material in several industries including construction, automobiles, capital goods, home appliances.

China spot steel prices dip 1 pct on week to one-year low

* Eyes on China Oct steel export data after dip from Aug peak

* BHP and Rio may reduce iron ore production to follow Vale

By Miyoung Kim

SEOUL, Nov 7 (Reuters) - Asian steel prices continued to fall this week to a one-year low, led by construction-use products, and are expected to fall further as the demand outlook dims and the credit crisis forces mills to cut inventories.

The decision by steel makers to cut prices was followed by a rally in steel stocks. Not that the price cut is good news, but the markets had already priced in a sharp drop in realizations.
Steel prices have been on a free fall since a peak in July, with the situation getting worse last month. Because of the liquidity crunch, distributors and traders have been dumping stock at low prices to ease their working capital situation.