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Date:2012/09/24
On August 20, Liaoning Province-based Chinese steelmaker Lingyuan Iron and Steel Co. announced that it has received two subsidies worth RMB 480 million ($75.8 million) from the local government. The first government subsidy worth RMB 150 milli...
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Date:2012/09/20
It is reported that Handan Steel, a subsidiary of Hebei Iron & Steel Group (HBIS), the largest steel production group in China has accelerated its flat rolled steel exports this year.So far, the firm’s exports of flat rolled steel products have s...
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Date:2012/09/21
Guangdong Hydropower Group Co Ltd will issue CNY 500 million in medium term notes with a maturity of five years in the interbank market on September 25.The company said in a statement that the notes will be issued at face value and the coupon rate de...
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Date:2012/09/24
East China's Shandong province is set to accelerate restructuring and transformation in coking industry in a bid to tackle massive overcapacity and waning demand. The Shandong Economic and Information Techology Committee released a guidance...
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Date:2012/09/19
Tianjin Building Material Group (Holding) Co Ltd, which is mainly engaged in property construction and the research and development of building materials, has announced it will issue RMB 400 million in short-term bills with a maturity of 365 days in ...
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Date:2012/09/21
Huadian Power International Corp China largest independent power producer plans to issue CNY 3 billion in super short term bills with a maturity of 270 days in the interbank market on September 19.The company said in a statement that the bills will b...
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Date:2012/09/19
China's state-owned enterprises saw their gross profit fall 12.8% YoY to RMB 1.38 trillion in the first eight months of this year, according to the latest statistics released by the Ministry of Finance.
During the period from January to August, ...
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Date:2012/09/21
China imported 20.44 million mt of coal in August, inching down 0.7% year on year, and falling 15.8% from July, Qinhuangdao Port said Wednesday citing customs data.
In the first eight months of 2012, China imported 185.42 million mt of coal, up 46.3...
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Date:2012/09/19
In the January-August period of the current year, the total raw coal output of China’s Inner Mongolia region amounted to 681 million mt, up 11.5% year on year, while in August alone 79.5 million mt of raw coal was produced in the region, down 3.45 mi...
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Date:2012/09/19
INTERFAX-CHINA reported that iron ore stockpiles at China's ports declined as demand from traders and steelmakers grew following price increases for billet and steel products at the beginning of the week.Reserves at 30 major ports decreased 0.44...
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Date:2012/09/19
China Coal Energy Co., the listed subsidiary of China National Coal Group, produced 8.86 million mt of coal in August, up 0.2% year on year and down 2.1% month on month, the company said Saturday.
Over January-August, the company produced 73.13 mill...
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Date:2012/09/17
The chief executive of Rio Tinto Plc, the world's third-largest miner by market capitalization, is confident of continued economic growth in China, and says his company is planning further expansion worldwide, in anticipation of a recovery of th...
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Date:2012/09/19
North China’s Shandong Province announced plans for a sweeping consolidation of the local coal industry that will reduce the number of coal enterprises to no more than 60 and see the closure of small-scale mines.
An announcement from the provincial g...
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Date:2012/09/17
China Knowledge reported that China Southern Power Grid Co, the smaller of China two electricity distributors plans to issue CNY 5 billion in super short term bills with a maturity of 180 days on the interbank market today.According to a statement, t...
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Date:2012/09/18
Coal industry executives in Shanxi Province, the second-largest coal producing region in China by output, expect domestic prices to continue falling in the second half (H2) of the year amid sluggish demand and rising imports, according to a survey co...
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Date:2012/09/17
China's electricity consumption reached 449.5 terawatt hours (TWh) in August this year, up 3.6%% compared to the same period of last year, according to statistics released by the National Energy Administration.In the first eight months of this y...
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Date:2012/09/18
Reportedly, Chinese steel market has showed the slightly improvement last week due to the increased demand. However, it is still difficult to predict the steel market for the rest of 2012.Some of analysts are optimizing to see the actual demand will ...
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Date:2012/09/17
The Fourth China (Taiyuan) International Energy Industry Expo kicked off Sunday in Taiyuan, capital of coal-rich Shanxi Province, to discuss the latest trends in China's energy industries.
Some 30,000 people, including representatives from 137 c...
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Date:2012/09/18
The government of China’s Shandong Province has issued the latest details of its plans to restructure the local coal industry in the province. Accordingly, the total annual raw coal output in the province will be restricted to 150 million mt b...
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Date:2012/09/17
Coal prices at Qinhuangdao Port, China's largest coal trans-shipment port, remained flat from Sept. 7-13, according to China Coal Transportation and Development Association (CCTDA) data.
Thermal power plants’ efforts to increase stockpiles preve...