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Date:2012/10/09
Liaoning Province-based Chinese steelmaker Benxi Iron and Steel (Group) Co. (Bengang) has announced that it has successfully completed a hot run test at the rolling unit No. 1 of its new stainless cold rolling project in the city of Dandong in Liaoni...
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Date:2012/10/08
The State Administration of Work Safety decided to shut down eight coal mines around the country, including a mine in the city of Liaoyang, Liaoning Province, where a gas blast in March left 22 people deadThe administration said that local authoritie...
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Date:2012/10/11
According to statistics, the stainless steel inventories totaled 123,943 tons in the Chinese Foshan market in the last 10 days of September, falling by 2.75% from the previous 10 days.Among them, 68,073 tons were cold rolled stainless steel, falling ...
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Date:2012/10/09
Shanxi Province-based Chinese steelmaker Shougang Changzhi Iron and Steel Co., a subsidiary of Shougang Group, has stated that in the period between September 1 and September 24 this year its daily output of 12 mm diameter rebar reached 3,500 mt.&nbs...
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Date:2012/09/29
It’s reported that 1.56 million tons of metal reserves has been found near Pobei and Xuanwoling in Ruoqiang County in China’s Xinjiang autonomous region, according to the China’s Ministry of Land and Resources.It’s known that the metal incudes 1.28 m...
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Date:2012/10/10
Iron ore stockpiles rose at 25 major Chinese ports during the week ending on Oct 8, according to Xinhua's latest iron ore price report released on Tuesday.Inventories of imported iron ore at the ports stood at 101.64 million metric tons, up by 3...
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Date:2012/10/09
Even though China feasts during the Golden Holidays all is still in the steel market. Iron ore levels after registering a 17% improvement in iron ore prices since Ist week of September it hit a plateau over the last couple of week before the holiday....
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Date:2012/09/29
On September 27, Hubei Province-based Chinese steelmaker Wuhan Iron and Steel Co. (WISCO) announced that from the start of July this year to date it produced 22,000 mt of grade B steel zero spangle galvanized sheet at its cold rolling plant. T...
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Date:2012/10/10
China should give priority to the exploitation of coal-bed gas rather than shale gas, an energy expert has suggested. Coal-bed gas exploitation is a more urgent initiative to follow, to save energy resources and ease air pollution, said Pan Wei'...
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Date:2012/10/09
The Australian reported that Shandong Energy Group has unveiled plans for a new coal mine development in Queensland, in a sign that one of China's largest coal producers remains keen on Australia despite concerns about the pricing outlook.
Accor...
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Date:2012/09/29
About 40 percent of iron ore mines in China have suspended operations amid low prices of iron ore, as stated on September 27 by Liu Xiaoliang, executive deputy secretary general of the Metallurgical Mines Association of China, at a conference organiz...
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Date:2012/10/10
Shanghai rebar steel futures climbed nearly 2 percent on Monday to the highest in almost two months as Chinese traders returned from a week-long break armed with hopes demand in the world's top consumer will pick up as the economy stabilises.
St...
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Date:2012/10/09
Reuters reported that China is spending USD 14 billion on pilot projects to turn coal in remote parts of the country into natural gas, a risky bet that could help meet the country's surging demand for the cleaner fuel.As China triples natural ga...
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Date:2012/09/29
Reportedly, the Taiwanese steel flat product market has remained sluggish recently even though China's export quotes of steel flat products have increased.It's known that the international iron ore prices have surged sharply after the US an...
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Date:2012/10/10
Proactive Investors reported that Triple Energy has executed a share purchase agreement to wholly acquire CFT Heilongjiang and its 80% interest in a coal seam gas project in Northern China, which is estimated to contain 2 to 7 trillion cubic feet of ...
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Date:2012/10/08
According to report released by the China Steel Logistics Professional Committee (CSLPC), a part of the China Federation of Logistics and Purchasing (CFLP), the purchasing managers' index (PMI) for the Chinese steel industry was at 43.5% in Sept...
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Date:2012/09/29
The companies plan to jointly develop the second phase of Huadian's Luohe Power Generation Co. complex, which has a design generation capacity of 1,200 MW, and two of Pingmei Shenma's coal mines: Pingyu No. 9, with a mining capacity of 1.5 ...
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Date:2012/10/08
Driven by the US’s QE3 monetary policy, the global base metal prices have surged substantially, boosting the stainless steel market.However, trader pointed out that certain Chinese distributors have dumped cheap stainless steel products into the inte...
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Date:2012/09/29
Data released this week by the National Development and Reform Commission, the country's top economic planner, showed that many raw materials industries have seen slowing growth and falling profits from a year earlier.
Total cement production in...
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Date:2012/09/29
Much expected flurry in Chinese buying of thermal coal before the winter is unlikely to give traction to the coal prices. Restocking season typically commences in September-October with maintaining inventory levels at nearly 21-23 days stocks. Howeve...