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Date:2011/05/09
According to the data released by MOFCOM, as booming electricity demand went on, the consumption for both of the electricity and power coal had increased rapidly, consequently China’s raw coal price surged by 0.5% for the week ended on May 1,...
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Date:2011/07/21
China contributed significantly to the global economic growth during the financial crisis and the trend is expected to continue, according to a report released by the International Monetary Fund (IMF) on Wednesday.
The Executive Directors of the IMF ...
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Date:2011/05/19
According to the news released by Shangxi’s government recently, for this year in order to guarantee the sufficient energy supply, Shanxi will take multiple measures to elevate the coal output as well as the transportation efficiency. In addi...
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Date:2011/05/06
According to the data released by MOFCOM, China’s domestic steel price inched up by 0.9% for the week ended on May 1, especially the market showed a notable price hike for the construction steel products, such as the price both for the rebar ...
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Date:2011/07/21
The Chinese currency Renminbi, or the yuan, gained 92 basis points to 6.4592 per U.S. dollar on Wednesday, according to the China Foreign Exchange Trading system.In China's foreign exchange spot market, the yuan is allowed to rise or fall by 0.5 perc...
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Date:2011/05/18
According to the news released by Yunnan’s Energy Administration recently, in 2010 Yunnan had produced 97.6 million t of the raw coal, meanwhile during the period of the Eleventh Five-Year Plan Yunnan’s overall raw coal output amounted to 424.3 milli...
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Date:2011/05/05
According to the data issued by NDRC recently, the coal shipments in China’s main ports amounted to 59.37 million t in March, increasing by 14.09 million t or 31.1% year over year. Meanwhile the shipments for domestic trade reached 57.42 mill...
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Date:2011/07/20
Over the past six months of the first year of The Twelfth Five-year Plan Ningbo Steel was under the unfavorable market environment. Especially since the second quarter Ningbo Steel is under the severe conditions of the sharp drop in domestic steel ma...
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Date:2011/05/17
In January-April of current year, the Inner Mongolia’s raw coal output reached 286.8 million t, raising by 69.86 million t or 32.2% year over year. While only in April the Inner Mongolia had produced 78.75 million t of the raw coal, increasin...
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Date:2011/05/04
According to the data compiled by China’s Customs Bureau recently, during the first three months of this year, China’s overall coal imports amounted to 32.37 million t, dropping by 12.04 million t year over year. As for the reason, experts sa...
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Date:2011/05/03
According to the report released by MOFCOM recently, China’s steel price dropped slightly after a three-week increase owing to the price decline for the iron ore and less procurement orders made by traders. On the week ended on April 24, Chin...
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Date:2011/05/03
According to the data compiled by China Customs, For the first quarter of this year the inner Mongolia’s coal imports amounted to 2.925 million t, raising by 37.1% compare to the same period of previous year while the import value also came t...
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Date:2011/04/27
According to the coal mining meeting held in Shangxi province recently, for this year the coal output in Shangxi province is estimated to reach 780 million t, meanwhile Shangxi’s government has ceased to increase the coal mines as well as the...
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Date:2011/04/14
Recently Qinghai’s government has approved a layout to develop the coal resources in Muli. Accordingly Muli coal field is located in Haixi Mongolian-Tibetan Autonomous Prefecture in Qinghai Province with a total coking coal reserve of 3.54 bi...
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Date:2011/04/26
According to the data released by CISA, China’s average daily crude steel output is estimated to reach 1.9792 million t in early April. Meanwhile the 76 registered steelmakers will contribute a daily crude steel output of 1.6534 million t, ra...
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Date:2011/04/13
According to China’s Financial Ministry, China may cut the exports rebate for some certain products. It is reported that the rebate for the exports of aluminum products will fall to 9% from current 13%, meanwhile the current rebate for the st...
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Date:2011/04/26
According to the data released by the Department Of Commerce in Shangxi province, the overall import and export value reached $3.57 billion in the first quarter of this year, raising by 43.8% year over year. Meanwhile the exports for coke and...
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Date:2011/04/12
According to the latest data released by CISA, China’s daily crude steel output averaged 1.9222 million t in late March, dropping by 1.16% from1.9448 million t in mid March. On the other hand, for entire March China’s average daily crude stee...
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Date:2011/04/24
According to the report released by MOFCOM on April 22, as the temperature inched up gradually, the construction steel market had stepped into a high season along with growing procurement orders from final customers, meanwhile the market also...
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Date:2011/04/11
According to the data compiled by China’s customs, China’s steel product exports rose significantly in March.
In March China’s steel product exports totaled 4.91 million t, raising by 2.43 million t month on month and by 47.45% year over yea...