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Date:2012/08/28
In July of 2012, China had imported 0.2613 million t of the coated steel plate, decreasing by 0.03% month over month and by 1.6% from the same period of last year. Meanwhile, Chinese overall coated steel plate exports came to 0.5493 million t...
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Date:2012/08/30
Coal prices in China are likely to rebound later this year as inventories decline and demand recovers along with the economy, leading producers China Shenhua Energy and Yanzhou Coal said on Monday.
China Shenhua, the country's largest coal produ...
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Date:2012/08/31
To 'satisfy the company's demand for iron ore resources', Benxi Steel Group decided to expand Nanfen iron ore project to 15 million tonnes a year.According to the announcement, Nanfen open pit project is designed to produce 15 million ...
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Date:2012/08/28
A spokesman for China's work safety regulator said on Friday that coal mining remains a high-risk industry in the country despite improvements over the past decade.
Speaking at a press conference in Beijing, Huang Yi, of the State Administration...
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Date:2012/08/30
According to statistics released by the Chinese Customs, China’s exports of stainless steel flat products totaled 104,039 tons in July, falling by 23% from a month earlier and decreasing by 38% year on year.In the first seven months of this year, the...
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Date:2012/08/31
The Chinese government has set aside up to CNY 2.37 trillion (USD 373 billion) for investment into energy conservation and anti pollution projects over the next three and a half years, claimed a report by Reuters on Wednesday, with USD 155 billion of...
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Date:2012/08/28
It is reported that Chinese steelmakers have defaulted supply contracts or have deferred taking shipment of iron ore this month, due to a rapid decline in prices.
A trader of iron ore in Singapore said there are about 3 to 4 million tons of iro...
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Date:2012/08/30
It is reported that Chinese imports of nickel ore from Indonesia in July 2012 dropped by 29.4% year on year to 1.42 million tons.Figures showed that imports from Indonesia totaled 2.01 million tons in June 2012, down by 50% from 4.05 million tons in ...
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Date:2012/08/28
It’s reported that Taigang Stainless and Baosteel Stainless, the two largest stainless producers in China have announced to cut the list prices of its stainless steel products by up to 4% for September, due to falling nickel prices and sluggish domes...
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Date:2012/08/28
Reportedly, China steelmakers may reduce iron ore purchase in the current weakening market as iron ore prices has dropped below US$100/ton for the first time since 2009.On last Thursday, iron ore with 62% content was benchmarked by IO62-CNI=SI=US$99....
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Date:2012/08/27
Wuhan Iron and Steel (Group) Corp said that it will issue a 6 billion yuan ($952 million) three-year medium-term note on Aug 24.
The money will be used for the company's operational costs, according to a statement on its website published on Aug...
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Date:2012/08/24
Freight rates for shipping coal from northern China's Qinhuangdao Port to the southern ports of Shanghai, Zhangjiagang and Guangzhou continued to move up over the week ended August 21, Qinhuangdao Port said Wednesday.In the statement, Qinhuangda...
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Date:2012/08/27
Anhui Province-based Chinese steelmaker Maanshan Iron and Steel (Masteel) has issued its financial results for the first half of this year, indicating a large net loss of RMB 1.893 billion ($298.6 million) compared to a net profit of RMB 310 million ...
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Date:2012/08/24
According to statistics, the stainless steel inventories totaled 184,523 tons in the Chinese Wuxi market in the second ten days of August, falling by 1.25% from the previous ten days.Among them, 108,487 tons were cold rolled stainless steel, decreasi...
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Date:2012/08/27
During the first seven months, sources of clean energy generated 505.5 billion kilowatt-hours of electricity, accounting for 18.4 percent of total on-grid power, up 1.9 percentage points year on year.
In July, wind-generated electricity grew 56.7 per...
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Date:2012/08/24
The preliminary purchasing managers index (PMI) for Chinese manufacturing issued by the Hong Kong and Shanghai Banking Corporation (HSBC) has declined to 47.8 points for August, the lowest level of the past nine months. This compares to a final readi...
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Date:2012/08/27
China imported 3.926 million mt of metallurgical coal in July, 3.2% less than in July 2011 and down 39.5% from June, customs data released Wednesday showed.
Mongolia was again the largest contributor to China's imports, with 1.66 million mt of c...
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Date:2012/08/23
On August 21, China's largest coal mining company, Beijing-headquartered stated-owned China Shenhua Energy Co., issued its operational results for July and the first seven months of this year.
In July this year, China Shenhua Energy's comme...
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Date:2012/08/27
It is reported that Northwest China's Shaanxi province has been witnessing high inventories of power generating coal since July 2012, mainly due to dull sales caused by weaker demand.
According to data released by relevant authorities, as of end...
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Date:2012/08/23
Steel prices are weakening, but Chinese steel mills are ramping up production anyway, adding to concerns of a serious price crash from analysts already worried about the sector. The latest round of industry data tracking output over a 10-day period s...