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Date:2012/02/02
China is ready to respond to possible complaints over its rare earth export restrictions at the World Trade Organization, a Ministry of Commerce (MOC) official said Wednesday.
The remarks followed a WTO decision on Monday to uphold a ruling ag...
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Date:2012/02/02
The Chinese currency Renminbi, or the yuan, gained 28 basis points to 6.3075 against the U.S. dollar on Thursday, according to the China Foreign Exchange Trading System.
In China's foreign exchange spot market, the yuan is allowed to rise or fa...
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Date:2012/02/02
MEPS reports that official figures for global crude stainless steel production last year was estimated to reach high peak at 32.05 million tons, soaring by 3.1% from the previous record. Among the traditional stainless steel making regions, only EU a...
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Date:2012/01/31
During the Zhejiang Provincial Private Economy Conference held on January 30, many privately-owned enterprises reached agreements on major investment programs in China’s Zheijiang Province. In particular, privately-owned metal manufacturer Jie...
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Date:2012/02/02
As indicated in the new report entitled ‘China auto import situation in 2011-12 and future development' issued by China Automobile Trading Co., China's auto imports in 2011 amounted to over one million vehicles, rising by 30.1 percent year ...
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Date:2012/01/31
Chinese steelmaker Dongbei Special Steel Co. has announced that in 2011 its crude steel output reached 1.87 million mt, up 10.7 percent, while its finished steel production totaled 1.61 million mt, up 10.8 percent, both year on year. The steel produc...
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Date:2012/01/29
The bilateral trade between China and Singapore rose by 6.4 percent year on year to 101.4 billion Singapore dollars ($80.5 billion) in 2011, a senior official has said.
Minister of State for Trade and Development Lee Yi Shyan said that the bilateral...
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Date:2012/01/30
The Chinese currency Renminbi, or the yuan, gained 82 basis points to 6.3056 against the U.S. dollar on Monday, according to the China Foreign Exchange Trading System.
In China's foreign exchange spot market, the yuan is allowed to rise or fall...
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Date:2012/02/02
Hunan Province-based Chinese steelmaker Xiangtan Iron and Steel Co. (Xiangtan Steel) has said that its total output of marine grade steel plate exceeded 2 million mt in 2011, worth RMB 12 billion ($1.9 billion) in value.
Xiangtan Steel commissioned i...
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Date:2012/01/29
According to the data released by NBS, during the entire 2011 Chinese crude steel output reached 683.27 million t, up 8.9% year on year.
Meanwhile, in December alone, the domestic crude steel production totaled 52.16 million t, up 0.7% year over yea...
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Date:2012/01/30
Chinese shares opened slightly lower Monday, with the benchmark Shanghai Composite Index down 0.23 percent to open at 2,324.49.
The Shenzhen Component Index opened at 9,482.21, down 0.17 percent.
Source: Xinhua
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Date:2012/02/01
China's steelmakers suffered losses in 2011 because of rising costs and shrinking demand. That will result in weak performances following the Chinese Lunar New Year and the situation will continue for several months until the downstream market g...
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Date:2012/01/29
China produced 2.424 million tonnes of ferroalloy in December, 0.3% lower than November's production of 2.432 million tonnes while up 17.4% compared with the same month of a year ago, according to data from National Bureau of Statistics.
Daily ...
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Date:2012/01/30
According to the data released by CISA recently, in December of 2011, Chinese overall silicon steel production amounted to 0.495 million t, rising by 62 thousand t month over month. Meanwhile, in the entire 2011, Chinese silicon steel output reached ...
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Date:2012/02/01
China's bonds issued in 2011 totaled 7.8 trillion yuan ($1.24 trillion), down 20.4 percent from a year earlier, the country's central bank said Tuesday.
The People's Bank of China (PBOC) said in a statement posted on its website...
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Date:2012/01/29
China's scrap import market has been performing bleak since mid January. Currently, the US-produced HMS1 is quoted at US$ 460-465 per tonne (CIF, China), and Japan's H2 is priced at US$ 440-445 per tonne (CIF). The import price has climbed ...
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Date:2012/01/30
Xinjiang Uyghur Autonomous Region-based Chinese steelmaker Bayi Iron and Steel Co. (Bayi Steel), a subsidiary of major Chinese steel group Baosteel, has announced a net profit of RMB 424 million ($67.3 million) for 2011, down 19.31 percent year on ye...
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Date:2012/02/01
China is "ready" to deal with increasing pressure from developed nations to loosen export restrictions on rare earths after the failure of an appeal against a World Trade Organization (WTO) ruling, a Ministry of Commerce official said on Tuesday.
"W...
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Date:2012/01/20
New Zealand's sole methanol producer is almost doubling production to meet rising demand from customers who are mostly in Japan, South Korea and China, a company official said on Thursday.
Canada-based Methanex announced a 10-year natural gas s...
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Date:2012/01/30
Inner Mongolia Autonomous Region, as the country largest coal producer, imported 20.7 million tonnes of coal in the whole of 2011, 23.2% more than that in 2010.The total coal imports of China in 2011 were 182 million tonnes, up 10.8% from a year ago....