China insight

Shougang Group: 406% - 457% increase in net profit in Q1, 2021

On April 6, Shougang Group issued the performance forecast for the first quarter of 2021.

Monday, April 12, 2021

Ansteel Group: net profit in Q1, 2021 expects 1.35 billion yuan

On March 30, Ansteel Group issued the performance forecast for the first quarter of 2021.

Monday, April 12, 2021

Algerian, Chinese companies sign MoU to exploit iron ore

A consortium of three Chinese companies signed a memorandum of understanding with Algerian National Iron and Steel Company on exploiting iron ore Tuesday in Algiers.

Friday, April 9, 2021

BHP eyes strong commodity sales in nation

Mining giant BHP Group anticipates more growth opportunities in China thanks to the country's high-quality urbanization, a top company official said.

Friday, April 9, 2021

Chinese steel mills turn less active in exports on higher domestic prices

Chinese steelmakers were not keen to chase export business last week, due to hot domestic sales and the uncertainties still hanging about whether the steel export tax rebates would be cut, industry sources said.

Thursday, April 8, 2021

China Taiyuan coal transaction price index up 0.40 pct

With more than 10,000 registered coal traders, the CTCTC is the largest coal trading center in China.

Tuesday, April 6, 2021

China's tech firms ramp up green push to combat high levels of power use

Even a small improvement in energy usage efficiency within the internet infrastructure will make a big difference, Wang said.

Tuesday, April 6, 2021

China's carbon goals strike a chord with Rio Tinto, CEO says

Rio Tinto has reduced emissions by almost 40 percent over the past decade and is aiming for zero net carbon emissions by 2050.

Tuesday, April 6, 2021
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