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Date:2012/07/11
The price of 5,500-kilocalorie thermal coal in the Bohai Economic Rim - the manufacturing and industrial zone between Tianjin and Beijing - has fallen for the ninth straight week to a record low of CNY 676 ($106) per ton as of June 4. Due to sluggish...
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Date:2012/07/12
According to data released by the China’s customs, China imported 346,200 tons of unwrought copper in June, falling by 17.5% from a month earlier, hitting the lowest level since this year.The copper prices dropped after the statistic was revealed as ...
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Date:2012/07/10
It’s reported that Baosteel Group, a giant leading steel producer in China has planned to relocate 5.8 million tons of iron along with 6.6 million tons of steel production to Guangdong and Xinjiang province in 2017 from the originated facility in Sha...
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Date:2012/07/11
China plans to shut about 3,000 small coal mines with a combined capacity of around 100 million mt/year by the end of 2015, the secretary to Yang Qingsheng, a senior official with the State Administration of Coal Mine Safety, said Monday.
The secreta...
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Date:2012/07/12
According to data released by the China’s customs, China exported 5.22 million tons of finished steel products in June, down slightly from 5.23 million tons in May.As the high export volumes of finished steel products reflected the good order booking...
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Date:2012/07/10
Reportedly, Chinese Hebei Steel has sought to acquire iron ore assets in overseas markets in recent years.It’s said that the Hebei Development and Reform Commission has approved Hebei Steel to acquire shares at Kami iron ore mine which belongs to Can...
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Date:2012/07/11
It is reported that prices of Chinese domestic production iron ore started to increase in late June (during June 21st through June 30th) to an average of RMB 948.52/ton, up by RMB 18.39/ton compared to the previous month.Meanwhile, import iron ore pr...
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Date:2012/07/12
According to statistics, the inventory of stainless steel totaled 120,415 tons in the Chinese Foshan market in the last ten days of June, falling by 2.04% from the previous ten days.Among them, 61,557 tons were cold rolled stainless steel, up by 1.71...
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Date:2012/07/10
According to the China Iron and Steel Association (CISA) , in late June (June 21-30) this year Chinese domestic production iron ore prices increased, while import iron ore prices started to decrease from already high levels. At the end of...
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Date:2012/07/11
Global mining giant Rio Tinto is in talks with China's resources-rich Xinjiang Uygur autonomous region for mining cooperation on "advantaged resources," according to an announcement on Friday.
Rio Tinto chief executive officer Tom Albanese met X...
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Date:2012/07/12
Baosteel, the largest carbon steelmaker in China released its price policy for August on July 11st.The company decided to remain the list prices for most steel wire products unchanged for August.However, it cut the list prices for super-low carbon an...
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Date:2012/07/09
China's Producer Price Index (PPI), a main gauge of inflation at the wholesale level, fell 2.1 percent in June from a year earlier, the National Bureau of Statistics said Monday.
Source: Xinhua
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Date:2012/07/11
Shanxi coking coal Group, China’s largest coking coal producer, has agreed with Singapore’s Sindicatum, a developer and operator of clean energy projects worldwide, to build up a ground-breaking technology centre in a conference recently held in Taiy...
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Date:2012/07/12
Up to 70 percent of China's listed steel companies said they are expecting losses for the first half of the year and predicted declining profits in the second half, the Securities Daily reported.
Angang Steel Co Ltd said it expects losses of abo...
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Date:2012/07/09
China's Consumer Price Index (CPI), a main gauge of inflation, grew 2.2 percent in June, down from May's 3.0 percent, the National Bureau of Statistics (NBS) said Monday.
Source: Xinhua
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Date:2012/07/10
In last week, the domestic social steel inventory in Chinese 26 surveyed cities had inched up by 2000 t from prior week to 15.548 million tons, representing that the domestic steel stocks have hiked for two consecutive weeks.
Concretely, the ...
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Date:2012/07/09
The Ministry of Commerce announced on Sunday that it will soon start formal consultations with the United States on the latter's 22 countervailing measures against Chinese exports.
A consultation request was filed by China to the Dispute Settlem...
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Date:2012/07/10
The amount of photovoltaic capacity installed in China will reach 21 gigawatts by 2015, four times more than that in the government's initial plan, local media reported citing sources from the National Energy Administration.
Although the figure ...
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Date:2012/07/09
It is reported that the prices of imported iron ore were declined in the end of June due to weak demand and the global economic slowdown.According to Chinese Xinhua Iron Ore index, the price of imported iron ore with 63.5% Fe was down by 1 point to 1...
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Date:2012/07/09
It's reported that Chinese Steelmaker Chengde Steel, based in Hebei Province announced that it has successfully developed HPB 300 plain round bar with diameter of 6 mm, marking itself a big step forward in the production of plain round bar.Chine...