Production of iron ore in China, the world's biggest consumer of the key steelmaking ingredient, will climb to a record this year as bigger mines open, adding to a global glut that's depressing prices.

National Development and Reform Commission (NDRC) convened Chinese power generation enterprises recently and held a symposium to solicit opinions on power system reform. Direct power purchase mode was discussed on the symposium.

China's power consumption rose 5.2 percent in the first five months from a year earlier, official data showed on Saturday.

National Development and Reform Commission (NDRC) held a meeting on China’s power supply in summer recently. It was agreed on the meeting that overall power supply was loose this summer but it was tight in some areas.

It's reported that Hyundai Steel and Dongkuk Steel in South Korean have submitted an anti-dumping petition on May 30 against Chinese H-beam, claiming they are selling to Korea at a price of 20% lower than in China.

India's JSW Steel has announced to acquire Welspun Maxsteel for about US$185.6 million.

It is reported that Tata Steel and Nippon Steel & Sumitomo Metal Corp (NSSMC)’s joint venture mill in India have started commercial production.

Bank of China- the largest provider of import credits for iron ore in the country has issued fresh set of guidelines, making life miserable for ore importers in the country. This follows the tough government regulations on imports of iron ore as collateral for...