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Date:2012/08/03
Coal inventories at Ganqimaodu border crossing in Inner Mongolia have been staying at a high level. As of late June coal stockpiled at the border crossing stood at 2.15 million tonnes up by 1.6 times YoY as traders are not selling well as profit marg...
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Date:2012/08/06
According to the data released by China Customs, in the first half of 2012 China imported a total of 140 MT which was 66% higher, boosted by an increase in coking coal imports of 175% YOY to 43.6 MT. In contrast, China's exports of co...
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Date:2012/08/02
Chinese steel futures fell nearly 2 percent on Wednesday, snapping six consecutive sessions of gains, as weaker-than-expected Chinese official manufacturing data dented market confidence and rekindled worries about sagging demand.Steel prices in Chin...
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Date:2012/08/06
Chalco has decided to extend its offer for a majority stake in Mongolia-focused coal miner SouthGobi Resources Ltd for the second time, the Chinese aluminium giant said on Thursday, in the face of stiff political opposition in Mongolia.
State-control...
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Date:2012/08/02
China's major steel mills have started to reduce their output in the first half of this year, the China Iron & Steel Association (CISA) announced Tuesday, in an effort to cut losses incurred by the sector's overcapacity. The CISA said 3...
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Date:2012/08/03
China's National Bureau of Statistics and the China Federation of Logistics & Purchasing (CFLP) have issued the purchase managers index (PMI) of the domestic steel industry for the month of July. Accordingly, the PMI for July was at 44.5 per...
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Date:2012/08/02
The profits of China's large and medium-sized steel companies plunged 95.8 percent year-on-year in the first half of the year, as a slowing economy curbed demand and prices were slashed, a senior industry official said on Tuesday. The total prof...
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Date:2012/08/02
China's power generation sector consumed 916.89 million mt of coal over January-June, up 1.5% year on year, a report by Beijing-based Dexin Yongming Consultation showed Friday.
Consumption slipped in May and June due to a decline in electricity...
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Date:2012/08/02
Shenhua Group, the parent company of China Shenhua Energy Co Ltd, said that it last week kicked off the construction of an RMB 24-billion coal-fired power complex in Wanzhou District of Chongqing Municipality.
The company said in a statement that the...
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Date:2012/08/02
It is reported that coal inventories at Ganqimaodu border crossing in Inner Mongolia have been staying at a high level.
As of late June 2012, coal stockpiled at the border crossing stood at 2.15 million tonnes, up 1.6 times year on year, as traders a...
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Date:2012/08/02
Bloomberg reported that China’s benchmark price for thermal coal fell for a 12th week to the lowest level since 2009 as electricity demand slowed and hydropower output increased.
According to the China Coal Transport and Distribution Association “Coa...
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Date:2012/08/01
Recently, the Chinese steelmakers’ export quotes of steel plates to Taiwan have continued falling recently.It’s known that a steel mill in Eastern China offered steel plates quoted at US$600/ton C&F to Taiwan this week, falling by US$10/ton from ...
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Date:2012/08/02
According to statistics, the stocks of stainless steel totaled 189,527 tons in the Chinese Wuxi market in the last ten days of July, rising by 0.06% from the previous ten days.Among them, 114,665 tons were cold rolled stainless steel, down by 0.63% a...
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Date:2012/08/01
It’s reported that Panyu Chu Kong Steel Pipe, Jiangsu Province-based steel pipe maker said that it has successfully produced its first spiral welded pipes. Also, the firm has delivered the products to the market.In March, 2011, the company began the ...
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Date:2012/07/30
In H1 2012, Xinjiang Power Grid sold electricity 32.0 BKWH, up by 38.64% YOY, ranking the top of the provincial power companies which belongs to the State Grid.
In the first half of this year, China power generation growth rate decreased, and in June...
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Date:2012/07/31
According to the data released by CISA (China Iron and Steel Association), Chinese registered steelmakers have contributed a daily crude steel output of 1.651 million tons in middle July of this year, decreasing by 0.38% from early June. Mean...
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Date:2012/08/01
WASHINGTON, July 31 Amid rising protectionist sentiments, the U.S. Commerce Department on Tuesday preliminarily determined that Chinese drawn stainless sinks have received countervailing subsidies, signaling that it may impose punitive duties...
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Date:2012/07/30
According to customs statistics, the export volume of stainless steel coil from TISCO in H1 of 2012 has sharply boosted by 39.18% YoY from a year ago and total export volume is nearly 140,000 tonnes.It is expected that the TISCO attempts to dilute it...
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Date:2012/08/01
BEIJING, July 31 The government said Tuesday it will close hundreds of small mines over the rest of the year in order to improve the industry's safety.
"We should use the opportunity afforded by excess coal supplies to intensify our crac...
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Date:2012/07/31
Kiii News reported that the one-billion dollar Chinese steel plant going in at Gregory is taking shape as steel framing is now up at the 252-acre site located at State Highways 361 and 35.
Ground was broken at the plant in late August, and it seems t...