Industry Watch

Your Diamonds May Lose Their Values

September 29th, 2009

On September 5, 2009, Henan Polytechnic University (China) successfully synthesized an 8.2mm, 2 carats weight high quality yellow diamond.

8.2mm, 2 carats diamond made by HPU, China

8.2 mm, 2 carats synthetic diamond made by Henan Polytechnic University (China).

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China’s Diamond Tool Industry Will Have a Bright Future

October 6th, 2008

Diamond tools are widely used in various industries, for example, construction industry, automotive industry, and engineering ceramics industry. After decades of development, China’s diamond tool industry has grown into a big one. Several hundred product varieties are formed, including diamond blades, diamond grinding wheels, diamond core bits, diamond wire saws, diamond gang saws, etc. Its manufacture technologies are now also becoming more and more advanced.

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Machine Tool Industry Situation in China

March 23rd, 2008

According to the recent news on China Metal Cutting Tool Engineering Association’s website (www.ccta.net.cn), in 2007, China’s machinery industry production value is 6000 billion RMB (about 850 billion USD), in which machine tool industry production value is 260 billion RMB (about 36.8 billion USD) and is 30%–35% higher than in 2006.

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Steel Prices in China Are At the High Level in the World

March 21st, 2008

According to the report of China Stock Network (www.cnstock.com), Mr. Wu Xichun, a consultant of China Iron and Steel Industry Association and the former vice minister of metallurgical industry ministry of China, recently said that the steel prices in China are currently at the high level in the world.
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