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Date:2011/07/28
Power coal prices in East China continually dropped during the past month, which showed weakened demand of the domestic coal market, the Securities Time reported Wednesday. According to statistics on the coal trade website of the Qinhuangdao Port, th...
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Date:2011/07/28
China's raw coal output reached 1.77 billion metric tons in the first half of this year, representing a year-on-year increase of 13%, according to statistics released by the China National Coal Association, sources reported. During the period from Ja...
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Date:2011/07/28
It is reported that imported iron ore market maintained steady these days. Market gradually returns to peace after continuous rebound. Enquiries were moderate, yet trades turned thin. Steel market kept steady last weekend. However, steel mills still ...
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Date:2011/07/26
Chinese shares tumbled on Monday, the first trading day following a deadly train collision in the eastern province of Zhejiang, which left at least 39 people dead and 192 others injured.
Stocks related to high-speed trains plummeted, triggering pani...
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Date:2011/07/28
Taiwan's China Steel Corp, the island's largest steelmaker by revenue, is evaluating an investment in Malaysia's Megasteel Sdn Bhd, a subsidiary of Lion Group Bhd, sources reported.The move is in line with China Steel' Corp’s effort to establish a gl...
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Date:2011/07/26
China''s foreign exchange watchdog said Monday that the surplus of Chinese banks'' foreign exchange from bank-to-client transactions reached 273.7 billion U.S. dollars in the first half of 2011.
During the period, institutional and individual ...
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Date:2011/07/28
Taiwan's China Steel Corp, the island's largest steelmaker by revenue, is evaluating an investment in Malaysia's Megasteel Sdn Bhd, a subsidiary of Lion Group Bhd, sources reported.The move is in line with China Steel' Corp’s effort to establish a gl...
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Date:2011/07/26
China's registered urban unemployment rate was 4.1 percent at the end of June, with 9.08 million people registered as unemployed, the Ministry of Human Resources and Social Security said on Monday.
The unemployment rate was unchanged from that at th...
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Date:2011/07/28
On July 26, Shanxi-based Chinese steelmaker Taiyuan Iron and Steel Co. (TISCO) announced that restricted shares of TISCO worth RMB 2.669 billion ($411 million) are to be traded on the stock exchange as of July 28.
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Date:2011/07/26
China''s economy is expected to head toward a gradual slowdown in the second half of this year, as the central government has stated that it will retain its current mix of tightened economic policies.Top officials from the Political Bureau of the CPC...
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Date:2011/07/28
On July 26, Dafenggang Economic Development Zone in China's Jiangsu Province reached agreement on an overseas nickel-related project worth $420 million with Indonesian company Salim Group and Hong Kong-based Yuefeng Group, as reported by Chinese news...
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Date:2011/07/26
According to the news released by Shenhua Group recently, in the first half of this year its merchantable coal output amounted to 140 million t, rising by 28.6% year over year. Meanwhile its sales volume swelled by 39.2% year over year and came to 19...
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Date:2011/07/28
Shanghai rebar futures rose on Wednesday after the Shanghai Futures Exchange said it planned to cut trading fees for rebar contracts by nearly half from August, buoying
investor confidence and expectations of increased liquidity.The exchange will cu...
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Date:2011/07/26
JMB reported that it becomes increasingly likely to be protracted slackness of steel export market. Baoshan Iron and Steel and Wuhan Steel left sales price unchanged on August 2011 shipment, while Anshan Steel reduced sale price.China Steel Corporati...
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Date:2011/07/27
It is reported that CNR reported that its subsidiary in Changchun signed a contract to sell stainless steel railcars and computer piloted railcars worth HKD 1.4 billion to HK Railway Limited.That accounts for 1.88% of CNR total revenues in 2010. The ...
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Date:2011/07/26
BEIJING - China Iron & Steel Association (CISA), the country''s steel lobby, has completed the draft of an iron ore index and expects its publication soon, a move that analysts said will more accurately reflect the Chinese market situation.Li Xin...
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Date:2011/07/27
Shanghai rebar futures hit one-week lows on Tuesday as a deadly train accident over the weekend fanned investors'' concerns that China might slow the pace
of investment in high-speed railways, affecting steel demand in the near term.A speed train cr...
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Date:2011/07/25
Recently, market participants predicted that Taiwan's Yieh United Steel Corporation might hike its stainless steel prices by TWD 5,000 per tonne at least for August 2011 delivery, driven by the rising nickel prices.
It is known that the average nicke...
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Date:2011/07/26
China Iron &Steel Association (CISA), the country''s steel lobby, has completed the draft of an iron ore index and expects its publication soon, a move that analysts said will more accurately reflect the Chinese market situation.Li Xinchuang, vic...
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Date:2011/07/25
It is reported that Hebei provincial government announced on July 13 that the province's coal enterprises will be reduced from 340 into 50 or less, small coal mines from 485 to 200 or less through M&As.
The government will support Sinopec Shijiaz...