Column: China’s commodity import trend driven by prices, not economy
China's imports of major commodities are often viewed through the prism of the performance of, and outlook for, the world's second-biggest economy.
Chinese steel producer Ningbo Iron and Steel Co. has awarded Siemens a contract to engineer and supply the drive and automation systems for a new 4.3-meter plate mill. All the systems and components used are part of the Siroll PM solution which was specially developed for plate mills. Commissioning of the rolling mill is scheduled for completion by the end of 2009…SIEMENS
