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Date:2011/07/25
China's coal imports dropped 11.8 percent in the first half of the year to 70.49 million tonnes while exports also fell 13.7 percent to 8.75 million tonnes.During the period, the nation recorded a net import of 61.74 million tonnes of coal. The figur...
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Date:2011/07/25
BEIJING - China, the world''s largest steelmaker and iron ore consumer, has set a target of dramatically increasing ore imports from Chinese-invested resources in the steel industry''s 12th Five-Year Plan (2011-2015), an industry official said.Iron o...
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Date:2011/07/20
The Hanlong Group has launched a takeover bid for Australia-based iron ore miner Sundance Resources Ltd. at a price of 1.5 billion U.S. dollars, sources with the company confirmed Tuesday.Hanlong currently owns 18.6 percent of the Africa-focused iron...
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Date:2011/07/22
According to China-based Sina news website, Fortune (China) public the China's Top 500 listed Companies List 2011 on July 13. Shanxi Province-based China's Shanxi Taigang Stainless Steel Co. list 32, raking RMB8.7198 billion ($1.35 billion) in net pr...
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Date:2011/07/20
Inventories of iron ore at 25 of China's major sea ports rose to 95.38 million metric tons in the week ending on July 18, according to the Xinhua-China Iron Ore Price Index released on Tuesday.Stocks of imported iron ore last week were 450,000 metric...
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Date:2011/05/16
According to the data released by MIIT recently, China will eliminate the outdated iron and steel capacity of 26.53 million t and 26.27 million t respectively in 2011, meanwhile China’s elimination goals for the coke and ferroalloy capacity w...
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Date:2011/07/22
Xinhua quoted according to the China Iron Ore Price Index released recently that inventories of iron ore at 25 of China major sea ports rose to 95.38 million tonnes in the week ending on July 18. According to the index stocks of imported iron ore las...
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Date:2011/07/20
The China Fastener Industry Association strongly demanded the lifting of discriminatory anti-dumping duties from the EU on fasteners from China in an open letter sent to the Council of European Union on Monday.Feng Jinyao, president of the associatio...
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Date:2011/05/14
According to the data released by China Customs, China’s coal exports totaled 1.38 million t in April and the export value came to $271 million. While in February-April of this year, China’s overall coal exports reached 7.16 million t, droppi...
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Date:2011/07/22
Anshan Mining Industrial Development, subsidiary of Liaoning Province-based Chinese steel producer Anshan Steel Group, announced that the aggregate output of iron ore and iron ore concentrate in the first half of 2011 reached 114.16 million mt, excee...
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Date:2011/07/20
It is reported that Xiamen Sunrise Wheel Group, manufacturer of steel wheels and auto parts plans to raise CNY 400 million to increase capital for its wholly owned subsidiary, Sichuan Sunrise Metal Co with a bid to speed up the implementation of the ...
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Date:2011/05/13
According to the data released by NBS, in January-April this year, China’s overall crude steel output amounted to 229.71 million t, increasing by 8.3% compared to the same period of last year. While only in April China’s crude steel had reach...
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Date:2011/07/22
Indonesian Coal miners were required to supply 82 million tonnes of coal to domestic market in this year. This is a 2.53% higher than last year's domestic Obligation. Miners were asked to supply 79.97 million tonnes of coal last year. Mr Thamrin Sihi...
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Date:2011/07/07
According to the data released by MOFCOM, China’s domestic steel price had decreased by 0.4% for the week ended on July 3 compared to prior week and by 1.8% vs early June, which was also the third consecutive week decline. For instance, the p...
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Date:2011/05/11
According to the data compiled by China’s customs, In April China’s steel product exports totaled 4.77 million t, decreasing by 0.14 million t month on month and raising by 10.67% year over year. While China’s overall steel product exports ca...
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Date:2011/07/21
Chinese shares close mixed Wednesday with the benchmark Shanghai Composite Index down 0.1 percent, or 2.77 points, to close at 2,794.21.
The Shenzhen Component Index rose 0.1 percent, or 12.53 points, to finish at 12,393.99.
Source: Xinhua
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Date:2011/07/06
According to the report released by Lou dingbo recently, an official from Baosteel, in the next five or ten years, China’s stainless steel consumption is anticipated to surge by 5-7% year by year. Meanwhile India’s annual stainless steel outp...
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Date:2011/05/10
According to the data released by CISA, China’s average daily crude steel output reached 1.931 million t in April, increasing by 1% month over month. While the registered steelmakers had contributed an average daily crude steel output of 1.64...
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Date:2011/07/21
According to the data released by NDRC on July 19, China’s steel industry made an over profit of 120.6 billion yuan in January-May of this year, swelling by 14.4% year over year, however, the increase rate had fallen by 514.4%. In detail, for the giv...
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Date:2011/07/02
According to the news released by People’s Daily in Liaoning province, a groundbreaking ceremony was held in Sishanling village yesterday for its new iron ore project, which was financed by JianLong Group.
It is reported that this new mine o...