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Date:2012/05/07
It’s reported that the spot iron ore prices have continued to drop recently.At present, the quotes of Australia Pb fines contain 31.5% Fe to China are at US$145~US$146/ton C&F and that of Australia Yandi fines contain 58% Fe to China is at US$132...
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Date:2012/05/02
As a province that borders Russia, Heilongjiang has been giving priority to developing its border trade with the country.
In the process, local banks have played an important role helping Chinese and Russian enterprises do business with each ot...
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Date:2012/05/07
According to statistics released by the Stainless Steel Council of Special Steel Enterprises Association (SSC), China’s crude stainless steel output totaled 3.43 million tons in the first quarter of this year, rising by 12% in comparison of that in t...
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Date:2012/05/02
In March of 2012, China had imported 0.2278 million t of the coated steel plate, increasing by 1.82% month over month while dropping by 10.04% year over year. Meanwhile, Chinese overall coated steel plate exports came to 0.6070 million t, jumping by ...
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Date:2012/05/02
Reportedly, Baosteel, China’s top listed steelmaker posted a 60% dip in first-quarter net profit to RMB1.22 billion. At the same time, Wuhan Iron & Steel Corp. (Wisco), the country’s third-largest steelmaker, posted a 93% drop in the Q1 profits; ...
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Date:2012/05/02
Hanlong Group, Chinese Sichuan-based private enterprise planned to invest US$5 billion to exploit iron ore mines in Western Africa.It’s known that Hanlong Group reached an agreement with Cameroon government and Australian Sundance Resources Limited (...
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Date:2012/05/01
Reportedly, Chinese Hebei Iron & Steel released its Q1 financial report recently. In the first quarter of this year, the company realized sales revenues of RMB29.1 billion, decreasing by 10.76% year on year. Its net profit attributable to shareho...
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Date:2012/04/26
According to statistics released by the Chinese customs, China exported 148,988 tons of stainless steel flat products in March, rising substantially by 41.5% in comparison of 105,276 tons in February.In March, China’s shipments of stainless steel fla...
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Date:2012/05/01
It is reported by Wuhan Iron and Steel Co (Wisco) in China that the thick wall X80 pipeline steel has been successfully developed to be used in the process of longitudinal submerged arc welded pipe. The pipe is considered to be applied into naturel g...
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Date:2012/04/26
Reportedly, the coking coal prices are likely to be recovering in July after the long time depression due to the expected rising steel capacity in China and India under the growing world economies. It is forecasted that contract prices of coking coal...
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Date:2012/04/25
It’s reported that the Chinese steel mills have started the price negotiation of hot rolled coil (HRC) with its distributors for June deliveries.At present, the Chinese steelmakers offered the HRC quoted at US$670~US$680/ton CFR for June delivery and...
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Date:2012/04/27
African Iron Ore Group Limited announces it has signed a memorandum of understanding with China Machinery Engineering Corporation. CMEC is China's leading power plant infrastructure exporter with extensive expertise in the design and constructio...
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Date:2012/04/25
Chinese shares closed higher on Wednesday with the benchmark Shanghai Composite index ending at 2,406.81, up 0.75 percent, or 17.98 point.
The Shenzhen Component Index edged up 1.20 percent, or 120.12 points, to close at 10,162.01.
Source: Xinhua
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Date:2012/04/25
According to Xinhua-China iron ore price index, the domestic imported iron ore stockpiles in Chinese 25 main ports reached 97.11 million metric tons on April 23, increasing by 0.82 million metric tons compared to previous week. At the same time, the ...
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Date:2012/04/27
The price of iron ore imported into China decreased for the week ending on March 20 compared to one week earlier, new figures showed on Tuesday.
The price index for 63.5-percent-purity iron ore imports fell two points to hit 150 points, according to ...
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Date:2012/04/25
The values of Hong Kong's total goods exports and imports recorded year-on-year falls in March, of 6.8 percent and 4.7 percent, the city's Census & Statistics Department said Tuesday.
The value of total goods exports, comprising re-exp...
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Date:2012/04/24
Chinese shares closed mixed on Tuesday with the benchmark Shanghai Composite index ending almost flat at 2,388.83,up 0.01 percent, or 0.25 point.
The Shenzhen Component Index edged down 0.34 percent, or 34.16 points, to close at 10,041.89.
Source: ...
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Date:2012/04/26
China will encourage more companies to invest in South Sudan and called on the country to create a better environment for investment and protect the safety of Chinese employees and their property, Vice-Premier Li Keqiang told visiting South Sudan Pre...
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Date:2012/04/25
Swedish and Chinese businessmen say that Premier Wen Jiabao's visit to Sweden is spreading the strong message that bilateral economic relations will be enhanced, providing more opportunities for investors from both countries.
Ronnie Leten,...
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Date:2012/04/24
Chinese stocks opened lower on Tuesday, as regulators eyed to tighten supervision on companies with harsher de-listing rules while European shares plunged overnight on a political turmoil.
The benchmark Shanghai Composite Index down 0.35 percent to ...