-
Date:2012/07/11
According to statistics released by the Turkish Statistical Institute (TUIK), the country imported 1.96 million tons of scraps in May, reducing by 4.8% from a month ago while increasing by 12.8% year on year.In May, the country’s average import price...
-
Date:2012/07/12
The National Development and Reform Commission (NDRC) announced Tuesday a cut in retail gasoline and diesel prices by 420 yuan and 400 yuan per ton respectively, effective from Wednesday, following a drop in international oil prices of more than 9 pe...
-
Date:2012/07/10
Having bought a house in Lhasa and a brand-new car, Ngawang Tsering, 59, a Tibet resident, said he is grateful for what he owns."I don't have any special skills but I earn 2,000 yuan ($317) a month by being an entrance guard at the mine," said t...
-
Date:2012/07/12
Japanese Kobe Steel planned to expand its processing capacity for special steel products in Thailand, driven by good performance of Thailand's auto sectors and the foreseen prospect.As per report, the Kobe CH Wire (Thailand), a subsidiary of Kob...
-
Date:2012/07/09
Sichuan-based Chinese steelmaker Chengdu Steel and Vanadium Co., a subsidiary of Pangang Group, has announced that it has won a tender held by China National Offshore Oil Corporation (CNOOC Group), the third largest national oil company in China, for...
-
Date:2012/07/09
Hebei Province-based Chinese steelmaker Tangshan Iron and Steel Group (Tangsteel) has announced that in the first half of the current year its cold rolled product exports amounted to 589,000 mt, up 10 percent year on year.
In the given period, Tangst...
-
Date:2012/07/09
BEIJING, July 9 Experts have said that the next ten years will be critical for China's electric car industry and urged greater efforts to boost the industry development.
They made the comments as the 2012 Chinese Auto Industry Developmen...
-
Date:2012/07/09
BEIJING, July 9 The Ministry of Finance announced Monday that it will issue 23.9 billion yuan (3.78 billion U.S. dollars) in bonds for local governments in a bid to ease their financing pressures.
The ministry will issue the bonds on behalf of seven ...
-
Date:2012/07/04
According to Mr. Xu Lejiang, Chairman of the Baosteel Group that the company will withdraw part of its production capacity from Shanghai, following Shougang's relocation to Caifeidian in Hebei Province. He added that at least 3 million tons of s...
-
Date:2012/07/09
Eight major rare-earth mineral production bases in Guangdong Province signed framework agreements with Guangdong Rare Earth Industry Group on Saturday, China News Service reported, after the Ministry of Industry and Information Technology announced l...
-
Date:2012/07/04
Reportedly, Baosteel Stainless, one of the major stainless producers in China announced to cut the list prices of austenitic stainless steel by RMB700~RMB800/ton for July in response to weak market prices.The firm decided to reduce the list prices of...
-
Date:2012/07/08
The Baosteel Group will reduce about 30 percent of its steelmaking capacity in Shanghai over the next five years as part of a strategy to help the city adjust the growth model and to expand into the west.
Xu Lejiang, Baosteel's chairman, said th...
-
Date:2012/07/03
According to report, Chinese steelmakers have increased big volumes of new steelmaking capacity this first half year even though the domestic market remains weak. There is about 15.49 million tons of capacity of steelmaking started for operation in J...
-
Date:2012/07/08
A growing number of Chinese banks have agreed to resume lending to some of the country's steel traders after the cash-strapped firms made a joint appeal to banks earlier last month, industry sources said on Friday. Chinese banks had clamped down...
-
Date:2012/07/03
According to statistics, China imported 508,000 tons of scraps in May, falling by 19.1% year on year while increasing by 5.9% from a month earlier.Among them, 286,000 tons were imported from Japan, surging by 94.2%; 130,000 tons were from the US, red...
-
Date:2012/07/05
Inventories pile up amid declining energy demand, growth slowdown. Black mountains of coal stand sentinel in Qinhuangdao, 300 kilometers northeast of Beijing, in what was once called the largest coal port on Earth. They grow ever higher due to a lack...
-
Date:2012/07/02
Jiuquan Iron and Steel Co. (JISCO) announced its domestic price policy for medium heavy plates.The company decided to cut the domestic prices for Q235 medium heavy plates with thickness of 14-20mm by RMB50/ton in Shanghai, Lanzhou, Xian regions.Also,...
-
Date:2012/07/05
Aluminum Corporation of China, known as Chinalco, extended its bid for Mongolia-based coal producer South Gobi Resources Co amid uncertainty on local policies, Chinalco said in a statement on July 4.
Chinalco, the country's largest alumina produ...
-
Date:2012/07/01
According to statistics released by the Chinese Customs, China exported 142,676 tons of stainless steel flat products in May, soaring by 11% from a month earlier while decreasing by 19% year on year.Meanwhile, China’s imports of stainless steel flat ...
-
Date:2012/07/05
It's reported that World Brand Lab, a brand research institution based in New York released a list of China's 500 most valuable brands for 2012, based on analysis of finance, consumer behavior and brand strength.On the list that Chinese ste...