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Date:2012/07/30
Freight rates for shipping coal from northern China's QHD Port to the country's southern ports of Shanghai, Zhangjiagang and Guangzhou continued to edge up for the second week in a row, according to a statement Wednesday by Qinhuangdao Port...
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Date:2012/08/01
BEIJING, July 31 Sluggish demand and rising production costs continued to sap the profits of China's steelmaking industry in the first half of the year, the China Iron and Steel Association (CISA) said Tuesday.
China's major steelma...
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Date:2012/07/30
China's coal market, which has been suffering from high inventories and dramatically falling prices since May, will improve in late August, Wang Guangde, vice-president of China National Coal Association, said on Thursday.
Thermal coal demand i...
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Date:2012/07/31
China's power generation sector consumed 916.89 million mt (MT) of coal over Jan-Jun, up 1.5% YOY, a report by Beijing-based Dexin Yongming Consultation showed Friday.
Consumption slipped in May and June due to a decline in electricity demand a...
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Date:2012/08/01
According to Xinhua-China iron ore price index, the domestic imported iron ore stockpiles in Chinese 25 main ports reached 98.34 million metric tons on July 30, decreasing by 140 thousand tons compared to previous week. At the same time, the p...
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Date:2012/07/30
According to data released by the China’s customs, China’s exports of stainless steel flat products and cold rolled steel products totaled 135,035 tons in June, falling by 5.4% from a month earlier.In June, the country’s exports of stainless steel fl...
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Date:2012/07/31
It is reported that the profits of major large and medium-size enterprises in China totaled RMB 2.3117 trillion in the first half of this year, down 2.2% year on year.In June alone, the profits of the enterprises in question amounted to RMB 468.2 bil...
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Date:2012/08/01
Chinese steel futures edged higher on Tuesday as investors returned to the market cautiously hoping that output cuts by steel mills would help ease swelling inventories, but gains were capped by expectations that the reduction would be short-lived.Th...
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Date:2012/07/27
As steel demand continues to wane and steelmakers face huge losses amidst poor steel margins, several mills have cut production levels, while others have plans to do so very soon.A major Shandong-based mill was said to have idled a blast furnace thre...
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Date:2012/07/31
According to data, China imported 461,000 tons of scraps in this June, increasing by 11.2% year on year.Among them, 284,000 tons were imported from Japan, surging by 91%; 129,000 tons were from the US, falling by 48.6% and 18,000 tons were from Hong ...
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Date:2012/08/01
Steel industry's operating conditions continue to deteriorate. The profitability of large and medium-sized steel enterprises included in the scope of China Iron and Steel Association's statistics once again slipped to negative growth in Jun...
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Date:2012/07/27
In June of 2012, China had imported 0.2616 million t of the coated steel plate, decreasing by 23100 t month over month while rising by 2600 tons from the same period of last year. Meanwhile, Chinese overall coated steel plate exports came to 0...
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Date:2012/07/31
Under the current negotiation of Economic Cooperation Framework Agreement (ECFA) between China and Taiwan, it’s said that the Chinese government will ask Taiwan to allow the imports of steel plates and coils from China and make the imports enjoy tax ...
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Date:2012/08/01
China's thermal coal market will rebound in late September as the country's economy recovers, boosting demand, said the head of Yanzhou Coal Mining Co, the nation's fourth-largest coal producer, on Friday.
"China's economy is str...
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Date:2012/07/27
According to statistics released by China's customs, China's exports of stainless steel plates and coils totaled 124,698 tonnes in June 2012, reducing by 14.15% YoY and falling by 4.77% MoM.In June 2012, China imported 41,278 tonnes of stai...
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Date:2012/07/30
It's reported that a Chinese company Chengdu Kehan Titanium Co. has launched construction work on its new high carbon ferrochrome production project in Fengzhen, Ulaan Chab in Inner Mongolia region.The expected annual output capacity of the proj...
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Date:2012/07/27
It is reported that Taiyuan Iron & Steel Group, the largest stainless steel producer in China, had cut the export quotes by USD 50 per tonne on July 23rd 2012 due to soft demand and dropped nickel prices.It's known that the nickel prices at ...
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Date:2012/07/27
Shanxi Coking Coal Group Co Ltd. and Taiyuan Iron & Steel Group signed a strategic cooperation framework agreement in Taiyuan, capital of Shanxi province.Both sides decided to go into long-term partnership and this strong alliance between them wi...
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Date:2012/07/30
The Taiwanese stainless steel producers are going to release August price policy. Industry sources predicted that they would cut the August list prices by NT$1,000~NT$1,500/ton due to weak nickel prices.It’s known that the spot nickel prices at LME d...
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Date:2012/07/27
A slowing economy and waning demand for coal have triggered an 11-consecutive-week price drop after a decade of robust development, arousing great concerns among China's coal enterprises.
The China Coal Price Index shows that China's benchm...