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Date:2011/10/09
Affected by the continuously slumped international ocean-going market, China's ship-building industry is having a difficult time, with ship delivery of only 4.7 million DWTs in August, down nine percent year-on-year.
A report on the website of ...
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Date:2011/10/07
China Daily reported that the death toll rose to 17 miners on Wednesday after a massive build up of gas and coal hit a colliery in Southwest China Guizhou Province, adding to a rash of deadly mine accidents this year in the coal rich province.Local a...
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Date:2011/09/29
Zhang Xiaogang, general manager of Liaoning Province-based Chinese steelmaker Anshan Iron & Steel Group Co. (Ansteel), has stated in an interview that Ansteel is considering establishing a steel processing plant in India to take advantage of the ...
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Date:2011/10/09
China's retail and catering sectors post a year-on-year growth of 17.5 percent in sales during the National Day Holiday running from Oct 1-7, known as a "Golden Week" for businesses, according to the Ministry of Commerce (MOC) on Friday.
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Date:2011/10/07
In recent years, Inner Mongolia enlarges the strength of coal industry’s merger and restructuring. The Autonomous Region Government said, to the end of 2012, the coal mines with under 0.45 MT/Year capacity will quit the market, and in 2013, coal prod...
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Date:2011/09/29
On September 27, Fuzhou Economic and Trade Commission held a meeting in Fuzhou in China's Fujian Province to discuss stainless steel processing programs. At the meeting, officials of Baosteel subsidiary Baosteel Desheng stated that the company p...
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Date:2011/10/08
Hong Kong stocks opened 368.44 points higher at 17,540.72 on Friday morning, and finally finished at 17,707.01, up 534.73 points or 3.11 percent, as the European Central Bank and Bank of England take measures to prop up the banking sector.
The bench...
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Date:2011/10/07
China’s Tianjin Pipe Group has operated its production in Vietnam. The first shipment of API pipes to the US was around 17,000 tons, more than the monthly export of Taiwan’s API pipes. Its API pipe monthly output is 20,000 tons. In fact, China’s Hulu...
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Date:2011/09/28
Shandong Province-based Chinese coal producer Yunzhou Coal Mining Co., Ltd reported Tuesday, it will acquire two coal and charcoal companies, namely Wesfarmers Premier Coal Limited and Wesfarmers Char Pty Ltd, both subsidiaries of the West Australian...
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Date:2011/10/08
A national energy-saving campaign involving over 1,000 companies managed to save equivalent to 150 million tons of coal from 2006 to 2010, China's top economic planner said Sunday.
The companies that consumed half the energy of the industrial se...
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Date:2011/10/07
It’s reported that Taiwan’s export orders of auto-use screw has remained weak and have slid by 15% this year. In fact, Taiwanese auto-use screw industry had good performance in export market in the first half of this year.
However, they have b...
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Date:2011/09/28
According to Xu Lejiang, chairman of Shanghai-based Chinese steel giant Baosteel, in the first seven months of this year there was a decrease in the concentration of Chinese steel production among the larger domestic producers. The main reasons cited...
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Date:2011/10/08
China's 827 coking enterprises produced 37,854,012 tonnes of coke in August, up 22.64% YoY. In the first eight months, coke output totalled 285,218,751 tonnes, up 13.74% YoY.
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Date:2011/10/07
Reuters quoted Brazilian mining giant Vale said China crude steel production was expected to remain strong despite risks of a recession in developed economies a trend that would continue to keep global iron ore supplies tight.Mr Jose Carlos Martins e...
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Date:2011/09/28
During the first eight months, the large-scale industrial enterprises in China including all domestic state-owned enterprises and the private enterprises with the annual turnover of above RMB 5 million ($785,000) achieved a total net profit of RMB 3....
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Date:2011/10/08
It is reported that the Chinese steel mills that have been holding up the Australian economy are under pressure with steel prices falling and iron ore prices expected to follow. Mr Yin Jimei an analyst at Iron & Steel Information Website in Tangs...
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Date:2011/09/29
At the recently held 2nd Asian Steel Forum, the chief analyst of China Iron and Steel Association (CISA), Li Shijun stated that during the 12th Five-Year Plan period (2011-15), China's crude steel consumption will grow at a slower pace. The year...
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Date:2011/09/28
At the recently held 2nd Asian Steel Forum, the chief analyst of China Iron and Steel Association (CISA), Li Shijun stated that during the 12th Five-Year Plan period (2011-15), China's crude steel consumption will grow at a slower pace. The year...
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Date:2011/09/29
According to statistics released by the National Bureau of Statistic, Chinese industrial companies’ revenue totaled RMB53.2 trillion in the first eight months of this year, surged by 29.9% year on year.In the given period, its profits surged by 28.2%...
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Date:2011/09/28
Liaoning province based Chinese metallurgical company Northern Engineering and Technology Corporation, a subsidiary of Beijing based China Metallurgical Group Corporation (MCC) announced that it has recently inked a design contract for 2 million mt p...