COMMODITY MID SESSION LIVE NEWS
Date : 27.02.12
China Raises Industrial Efficiency Norms By 2015
| China Ministry of Industry and Information Technology (MIIT) said today that a comprehensive energy reduction and emission reduction program will be carries out between 2011-2015 planned periods. The twelfth five year plan is set to increase the idea of green development and improve industrial efficiency. www.goldennifty.com The goals for various industries were revised upwards. The Ministry has set a revised 21% energy intensity reduction target for Steel and Non ferrous metals during 2011-2015. This is higher from earlier target of 16% set in 2011. www.goldennifty.com OUT COME : From this information it can be understood that the steel industries and non ferrous metals industries may increase their profits. Which increases their share values. |
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