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Date:2011/10/31
China on Saturday welcomed a World Trade Organization (WTO) panel ruling that rejected anti-dumping measures imposed by the European Union (EU) on leather shoes imported from China.
Shen Danyang, spokesman for the Ministry of Commerce (MOC), said Ch...
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Date:2011/10/30
According to report, China’s stainless steel flat exports continued to drop in September by 8% month-on-month to 149,190 tons on falling nickel prices.The data from Customs shows that exports to destinations including Taiwan, India and Vietnam all dr...
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Date:2011/10/31
According to the data released by CISA (China Iron and Steel Association), China's registered steelmakers contributed a daily crude steel output of 1.585 million t in middle October, down 4.8% as compared to early October. Meanwhile, China'...
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Date:2011/10/30
Reuters reported that iron ore price offers fell further on Thursday as slow Chinese demand and hefty spot supplies extended the losing streak of the steelmaking raw material whose value has fallen by more than 30% since September. Chinese consultanc...
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Date:2011/10/31
Latin America has been more resilient to the economic crisis by diversifying commercial and financial exchanges with Asian economies, with China as the main driver in the last three years, said Angel Gurria, General Secretary of the Organization for ...
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Date:2011/10/30
Bloomberg quoted UBS AG said iron ore prices down 30% this month are nearing a floor as Chinese buyers replenish stocks and shipments from India dwindle.UBS analysts led by Sydney based Mr Tom Price said the price may rebound as much as USD 30 per to...
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Date:2011/10/31
A senior Chinese official said Friday the country's foreign trade volume will surpass $3 trillion this year, accounting for 10.5 percent of the world's total.The country's trade surplus to GDP ratio is expected to fall below 3 pe...
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Date:2011/10/30
Shanxi Coking Coal Group Co Ltd, parent company of China’s largest publicly-traded coke producer Shanxi Coking Co Ltd<600740>, said it will issue RMB 4.7 billion worth of medium-term notes with a maturity of five years on Nov. 3
The company sai...
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Date:2011/10/31
Shanghai-based Chinese steel giant Baosteel has announced a net profit of RMB 1.242 billion ($196 million) for the third quarter of the current year, down 51 percent year on year. In addition, in the January-September period this year Baosteel's...
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Date:2011/10/30
The rising price of coal is fueling concerns about a power crunch set to plague China this winter, analysts said. A 26-million-kilowatt power shortage is expected during peak periods in the coming winter and spring, said Tan Rongyao, chief supervisor...
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Date:2011/10/30
Shanxi Taigang Stainless Steel plans to issue CNY 1 billion worth of unguaranteed MTNs. The value date of the MTNs is November 2nd 2011 and the MTNs will be tradable from November 3rd 2011.Dagong Global Credit Rating rated both the MTNs and the issue...
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Date:2011/10/27
The Chinese currency Renminbi, or the yuan, weakened 21 basis points to 6.3477 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 ri...
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Date:2011/10/27
China's Dandong Port is boosting its throughput capacity with hefty investments to cement its role as a transport hub in Northeast Asia that connects the Korean Peninsula with Eurasia.
The port in Liaoning province plans to invest 45 billion yu...
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Date:2011/10/27
According to latest data from China Customs, TISCO Stainless Steel exported 23330 tonnes of stainless steel in September, up 27.45 percent month on month.In Jan.-Sep., 2011, TISCO Stainless Steel totally exported 161348 tonnes of stainless steel, suf...
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Date:2011/10/27
Chinese Vice-Premier Zhang Dejiang on Tuesday called for boosting transportation cooperation between Asian and European countries and establishing an environmentally-friendly, safe and efficient transportation system linking the two continents.
Zhan...
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Date:2011/10/27
On October 26, Inner Mongolia Autonomous Region-based Chinese steelmaker Baotou Iron and Steel (Baogang Group) issued its financial report for the first three quarters of the current year. Accordingly, Baogang Group achieved revenue of RMB 33.102 bil...
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Date:2011/10/25
According to the financial report issued by Chinese steel producer Wuhan Iron and Steel Co. (WISCO), in the third quarter of the current year the company's net profit came to RMB 413 million ($64.7 million), rising by 24.3 percent compared to th...
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Date:2011/10/27
The annual China-ASEAN Expo is one of the very successful measures established to boost the China-ASEAN economic relationship, in particular to realize the China-ASEAN free trade area. It is widely believed that there is vast untapped potential for C...
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Date:2011/10/26
According to the financial report issued by Chinese steel producer Wuhan Iron and Steel Co. (WISCO), in the third quarter of the current year the company's net profit came to RMB 413 million ($64.7 million), rising by 24.3 percent compared to th...
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Date:2011/10/25
In the first nine months of the current year, Chinese steel giant Baosteel's average inventory of continuously cast steel slab was 42,000 mt, decreasing by 42.9 percent year on year, and constituting a record low.
To cope with the difficult mark...