China is targeting to raise its synthetic coal-to-gas output to 50 billion cubic meters by 2020, accounting for over 12% of domestic supply, an official with the National Energy Administration said Wednesday. But actual output may fall ...
Tags: Coal-to-Gas Output, Energy
The price of iron ore is predicted to drop this year as growth of China's steel production slows and the supply of raw materials from international mining giants increases, according to industry experts. An estimate from UBS AG earlier ...
Tags: Iron Ore, Raw Materials
China will strengthen the policy support and create a favorable environment to boost the development of the country's renewable energy vehicle industry, said a statement posted on the central government's website over the weekend. ...
Tags: Auto Industry, Mineral
The coal industry suffered heavy losses last year amid rising stockpiles and falling prices, official data said on Tuesday. From January to November, profits for coal producers dropped 36.6 percent year-on-year to 197.64 billion yuan ...
Tags: Coal Producers, Mineral
Handloom weavers in India, under the banner of the All-India Federation of Handloom Organizations, will hold ‘Banashankari yatra’ against the mechanization of handlooms in the country. Speaking at a press conference, P ...
China's largest steel base, Hebei province, will cut 67.26 million metric tons of capacity by 2017 without putting too much emphasis on local growth in gross domestic product in order to create a sustainable development of the industry and ...
Tags: Steel Capacity, Pollution
China will encourage Chinese steel enterprises suffering from overcapacity to transfer their businesses to overseas markets where the steel market is still very big, a top official was quoted in a statement published on the website of the ...
Tags: steel enterprises, steel industry
China's Bohai Commodity Exchange, a local government-backed online trading platform for spot commodities, plans to launch cross-border trading in yuan for natural rubber and iron ore. It announced the plans in Hong Kong Tuesday during a ...
Tags: Bohai Exchange, Tianjin, iron ore
The Indian power sector scenario remains gloomy. Although power reforms started about a decade back, the achievements are only dismal. Financial health of most state electricity boards remains critical, mainly due to the uncontrolled use of ...
Tags: energy conservation, energy audit
Tackling excess capacity will be one of the top tasks on China's economic agenda in 2014, as the issue becomes a major challenge to maintaining the pace and quality of economic growth. "The Chinese economy still faces downward pressure ...
Tags: Slashing Capacity, Mineral
The government of the Indian state of West Bengal has given approval for construction of an integrated textile park in Belur in the South 24 Paraganas district and a new silk park in the Maldah district, reports The Times of India. The ...
Tags: Textile Park, West Bengal
China is handing out new subsidies for buying ships to help its beleaguered shipbuilders. The central government will set aside "special funds" that give shippers subsidies of 1,500 yuan ($246.9) per gross ton -- a unit of measure for the ...
Tags: Shipbuilders, Subsidies
The best scenario for the Chinese economy in 2014 would be to achieve 7.8 percent GDP growth, a major think tank said on Monday. That could be obtained if all the recently proposed reform initiatives are carried out and the global market ...
It is reported that on Tuesday the steel rebar prices in Shanghai futures advanced to record high since the middle of last month to RMB3,702/ton. The overall Chinese steel price index also went up by 3 points. It is analyzed the ...
Tags: steel, metallurgy
Natural gas and renewables will power country's economic growth Natural gas and renewable energy are poised for boom times in China over the coming decades, and they'll be key factors in the development of the nation's economy, a global ...
Tags: Clean Energy, Energy