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Date:2011/11/29
Shanxi Coal International Energy Group Co Ltd announced on November 24 that the company plans to spend CNY 50 million establishing a wholly-owned subsidiary in Jinzhong city.The to-be-built branch plans to get engaged in wholesale operation of coal w...
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Date:2011/11/29
Northwest China's Qinghai province plans to invest nearly 18 billion yuan (2.82 billion U.S. dollars) in the coming five years to exploit its rich mineral resources, the local government said Saturday.
According to the province's plan for ...
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Date:2011/11/29
In Jan.-Oct. Yunnan province produced raw coal 79.65 MT, up by 3.5% YOY.
Industrial enterprises above designated size raw coal consumption was 63.68 MT, up by 9.4% YOY, including fire power generation consumed coal 28.93 MT, up by 6.3% YOY. Up to the...
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Date:2011/11/28
According to the data released by the China Iron and Steel Association (CISA), in October China's steel industry witnessed a good performance: overall domestic crude steel output increased by 9.7 percent, finished steel output was up by 13.4 per...
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Date:2011/11/28
The Chinese currency Renminbi, or the yuan, weakened 31 basis points to 6.3585 against the U.S. dollar 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:2011/11/28
According to new guidelines issued by the China National Coal Association (CNCA) for China's 12th five-year plan period, by the end of the period the number of large-scale coal enterprises in China is to be reduced to 4,000, including 12 super-l...
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Date:2011/11/24
Recently, the seamless steel pipe prices have remained stable in Chinese Wuhan market. At present, the quotes of seamless steel pipes in a dimension of 57*3.5mm originated from Shandong are at RMB5,300/ton; that in a dimension of 108*4.5mm is at RMB5...
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Date:2011/11/28
After China has met its target of starting construction on 10 million affordable housing units this year, more emphasis should be laid on construction quality and fair distribution, Vice-Premier Li Keqiang said.
All construction materials used in af...
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Date:2011/11/28
Hebei Province-based Chinese steel producer Shougang Jingtang United Iron & Steel Co (Shougang Jingtang) plans to operate at full capacity by June next year, as reported by China Metallurgical News. Shougang Jingtang's project No.1, inc...
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Date:2011/11/24
The building material industry in China saw its gross profit surge 62% year on year to RMB 188.4 billion in the first three quarters of this year, according to the latest statistics released by the Ministry of Industry and Information Technology.The ...
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Date:2011/11/28
According to Sichuan-based Chinese steelmaker Pangang Group, plant No. 1 of its Jiangyou, Sichuan-based subsidiaryJiangyou Changcheng Special Steel Co.has succeeded in producing TP347H grade billet with its continuous casting machine. Mea...
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Date:2011/11/28
The downcast sentiment in China's shipping market will persist for a long period of time, due to growing uncertainties worldwide, a transportation official has said.
Despite a brief upturn after the financial crisis in 2008, China's ...
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Date:2011/11/24
According to statistics released by China's customs, China exported 100,029 tonnes of stainless steel flat products in October 2011, down by almost one third in comparison of 149,190 tonnes in September 2011.It is analyzed that the declined expo...
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Date:2011/11/28
In October of current year, China's overall silicon steel production amounted to 0.483 million t, down 19.50% month over month and 5.29% year over year.
Looking at the silicon steel imports and exports in the given period, Chinese overall silic...
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Date:2011/11/28
China's economy is expected to grow 8.5 percent in 2012, a slower pace than this year, an official from a government think tank said on Friday.
Lu Zhongyuan, deputy director of the Development Research Center (DRC) of the State Council, or Chin...
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Date:2011/11/24
BEIJING - China is preparing to launch the first iron ore physical trading platform by the end of this year to provide a transparent pricing system for domestic and overseas participants, a senior official said. After one year of research and st...
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Date:2011/11/26
According to the data released by the China Iron and Steel Association (CISA), in October China's steel industry witnessed a good performance: overall domestic crude steel output increased by 9.7 percent, finished steel output was up by 13.4 per...
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Date:2011/11/28
China's road passenger and freight transport extended growth in the first 10 months of 2011, a transportation official has said.
From January to October, the country's road transportation served 27.2 billion passengers, up 7.7 percen...
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Date:2011/11/24
Hubei province has drawn the routine map for mineral-seeking during the 12 five years. One the plan successfully conducted, the province will newly witness over 100 deposits as of 2015. The reserves include: 275 million tonnes of iron ore, 750,000 to...
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Date:2011/11/26
Taiyuan Iron & Steel Group (Tisco) announced to cut ex-factory prices of hot rolled coil (HRC) for December on November 24th.After the adjustment, the December ex-factory prices of Q235 HRC in a dimension of 5.5mm are at RMB3,590/ton, down by RMB...