Residents in Tangshan are very familiar with the concept of oversupply. A severe glut in the steel industry has put many jobs at risk in the northeastern Chinese city that counts the metal as one of its primary exports. But the oversupply ...
Tags: Housing Market, Crashing Down
The Platts Australian alumina assessment fell 50 cents/mt from Friday to $315.50/mt FOB Monday, weighed down by supply overhang, tight cash flows and lack of buyers. Alumina bid/ask levels were around $310-312/mt against $316/mt FOB ...
Tags: alumina, Australian-origin cargoes
Henan Province-based Chinese steelmaker Zhongyuan Special Steel Co. has issued its preliminary financial results for the first quarter of the current year, indicating a net loss of RMB 10.6677 million ($1.74 million), with a loss per share ...
Tags: Special Steel, steelmaker
Geothermal energy is set to play a bigger role as the State-owned Sinopec Group makes inroads into the clean fuel's exploration and development through international technological exchanges designed to reduce the country's carbon footprint. ...
Tags: Energy Source, Geothermal energy
Spot treatment charges for imported zinc concentrate paid to Chinese smelters remained flat at around $125-140/mt in January, unchanged from December, in thin trade and with ample domestic supply, industry sources in China said Tuesday. ...
Tags: thin trade, TC, industry sources, zinc
On December 30, Chinese steel producer Hebei Iron and Steel Group announced that in the current year up to and including December 25 the Yanshan iron ore mine of its subsidiary Hebei Iron and Steel Group Mining Co. achieved a total iron ore ...
Tags: steel, metallurgy
Even as one-fifth of the nation's electrolytic aluminum capacity lies idle, producers are adding new facilities - a combination that will mean a glut of the metal next year and falling prices, industry experts said on Tuesday. "China is ...
Henan Province-based Chinese steelmaker Jiyuan Iron and Steel (Group) Co. (Jiyuan Steel) has signed a strategic cooperation agreement with Sino Steel Zhengzhou Research Institute of Steel Wire Products Co., Ltd., according to local media ...
Tags: Jiyuan Steel, focus, developing, technology, product
Henan Province-based Chinese steel producer Anyang Iron and Steel Group Co. has announced that in the first three quarters of the current year its operating revenue amounted to RMB 19.38 billion ($3.246 billion), up 21.91 percent year on ...
Tags: Metallurgy, Mineral, Steel
In the afternoon of October 18, CAMC national tour show is held in Huanghegu Hotel in Zhengzhou, Henan province. Vice General Manager Xia Hong takes part in and addresses at the event. Manager of Marketing Branch He Xiaosheng delivered ...
Tags: Transportation, auto
China's corn production could hit a record high of 215 million tons in 2013 despite drought and flooding in the country's major breadbaskets, according to estimates by two industry organizations. This year's corn output is about 7 million ...
Tags: Corn Production, Corn Supply
Foxconn announced its future smartphone business strategy plan will be focused on diversifying its products to avoid “solely munching on Apple,” according to high ranking company official Chen Hui Long at the Zhengzhou ...
Tags: Foxconn, Apple Diet
A unique textile and apparel brand centre networked with digital commerce platform that allows virtual shops, mobile shops and physical shops to operate simultaneously opened in Zhengzhou city, the capital and largest city of Henan province ...
Tags: textile, apparel brand
Henan Province-based Chinese steelmaker Anyang Iron and Steel Co. has announced that in the first half of the current year its operating revenue totaled RMB 12.121 billion ($1.98 billion), up 8.02 percent year on year. In addition, the ...
Tags: Anyang Steel, Mineral
China Geological Exploration Holdings (CGE) is planning to list some of its mining assets via a reverse take-over (RTO) of Singapore Exchange (SGX)-listed China Mining International (China Mining), the CGE said on Monday. The CGE is a ...