China on Saturday pledged infrastructure loans totaling 10 billion US dollars to Southeast Asian countries and proposed railway and production capacity cooperation.Chinese Premier Li Keqiang announced the financing, which is expected to boost regional connecti...
As steel market demand remained weak, Chinese ferroalloy output fell in October. It was reported that Chinese October ferroalloy output was 3.0394 million tons, down by 8.28% month on month, down by 9.48% year on year.
North China’s Shanxi province released a three-year plan for the steel industry, in accordance with restructuring, green and innovation-driven principles.
[Ferro-Alloys.com] Guangxi Yinyi Science and Technology Mine Metallurgy Co, Ltd, with a capacity of 20,000t electrolytic nickel, expected to produce 15,000t electrolytic nickel in 2015 compared to 11,000t last year.
The spot price of iron ore fines 62% to China is being offering at US$50.03/ton, dropping by US$0.85/ton or 1.67% from the previous price.
The average price of iron ore was US$53.31/ton in the month.
Meanwhile, the China Iron Ore Price Index (CIOPI) de...
It’s said that Jinchuan Group has been approved to set up a joint venture with Trafigura to build a seaport in Southwesten Guangxi province in order to cut costs of importing raw materials.