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Wednesday's report follows Solarfun's forecast earlier this month for strong demand in the second half of this year and said it plans to increase its production capacity.
FORBES
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While international oilfield services firms like Halliburton and Schlumberger have kept operations going in the South American country, PDVSA has proven that its capacity to increase production on its own is quite limited.
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This technological advancement has helped Futong increase its production capacity of optic fiber preforms to 600 tons a year.
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As we had mentioned then, the most significant advantage to Cliffs from the acquisition is the increase in its North American iron ore production capacity.
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The worry on every steelman's mind is that as the growth in demand for steel slows from its recent hectic rates, the huge increase in Chinese production capacity will be diverted to turning out steel for export.
ECONOMIST: Steel industry
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Saudi engineers have been working on several big projects that could boost the nation's output by 1.3 million barrels a day--more than the expected increase in global demand next year--but the secretive nation is "likely to keep its political tool, excess production capacity, close to its chest until it has a new U.S. president to win over, " Edward Morse writes.
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