China insight
Beijing's last coal mine to close, as greener future opens up
An announcement from the official receiver is anticipated imminently, the BBC said on Thursday. |
Guizhou's national power generation project begins construction
The project will be operated with the joint efforts of the coal and the power industries. |
Tata Steel cancels deal to sell Southeast Asia steel biz to China’s HBIS Group
[Ferro-Alloys.com] Tata Steel has called off its plans to sell majority stake in its Southeast Asia steel business to China’s state-owned HBIS Group. “We have been informed by HBIS that they have not been able to procure the requisite approvals from the Hebe... |
US Steel moving from spot-based contracts for 2020
[Ferro-Alloys.com] Houston — US Steel intends on moving away from spot market-based adjustable price contracts with its sheet steel customers in 2020, according to an internal letter issued Tuesday. |
10 Countries With The Most Natural Resources
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[Ferro-Alloys.com] Natural resources, or commodities, are the raw inputs that are used to manufacture and produce all of the products in the world. Commodities themselves, which include those extracted from the earth and those that have yet to be extracted, ar... |
Chinese steel firms' profits shrink in H1 despite rapid output growth
China's crude steel output came in at 492 million metric tons in H1 2019, up 9.9 percent year-on-year. |
China Steel Industry Profit Declined Sharply
[Ferro-Alloys.com]For the crazy increased price of iron ore now increase the cost production of steel industry of RMB500/tons, because of the iron ore futures market and spot market changed, this will leas the profit reduced of steel mills and last friday, we ... |
FMG conducted business in RMB in China
This entity will complement our existing contractual seaborne arrangements with our first Renminbi transactions completed in June 2019. |
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