Despite buying a little more than 500,000 mt of scrap in the first three months of this year, China is dominating the steel scrap market, according to the latest Bureau of International Recycling World Mirror on ferrous metals. China ...
Tags: Ferrous Scrap, Steel Scrap
Global woes drag crude prices, as demand continues to decline in China Retail fuel prices will be lowered slightly from Wednesday to better reflect the global fall in crude prices and the glut in the market, the nation's top economic ...
Tags: Gasoline Price, Crude Prices
China's net imports of LPG fell to 729,789 mt in May after rising for four months in a row. The imports fell 23% from 944,603 mt in April, data released Thursday by the General Administration of Customs showed. Net imports of LPG, ...
Tags: LPG Imports, Net butane
Australian thermal coal shippers such as BHP Billiton, Glencore, Peabody Energy and Rio Tinto may potentially have to wait until June 2017 for China to eliminate its 6% tariff on imports of Australian thermal coal, the Australian government ...
Tags: Import Tariff, Thermal Coal
Growth in China's electricity consumption, an important indicator of economic activity, slightly recovered in May but still remained low, suggesting persistent weakness in the world's second largest economy. Power-use rose 1.6 percent ...
Shanghai's International Energy Exchange or INE intends to allocate 34 million barrels of storage space along China's eastern coast to serve participants of the country's proposed crude oil futures contract, officials said at the Shanghai ...
Coal production in China, the world's largest producer and consumer of the mineral, declined 6.1 percent in the first four months this year as the impact of the government's clean air and renewable energy policies began to weigh on the ...
Tags: Coal Production, mineral
Spot offers for Chinese electrolytic manganese metal, or EMM, on a FOB basis have halted the downward trend seen since March, market sources said Friday. Despite the prevailing weak overseas demand, sources said Chinese domestic prices ...
Tags: Manganese, Domestic Price
Spot offers for Chinese electrolytic manganese metal, or EMM, on a FOB basis have halted the downward trend seen since March, market sources said Friday. Despite the prevailing weak overseas demand, sources said Chinese domestic prices ...
Tags: Ferrous Scrap, Ferrous
China's gasoil exports hit a 10-month high in April at 460,000 mt, which was also 35.3% higher year on year, General Administration of Customs data released Thursday showed. Despite the jump in April exports, the total outflow in the ...
Tags: Gasoil Exports, Gasoil Imports
"After completing the construction of 14 wind turbines this year, Haizhuang plans to build 25 to 50 turbines in the United States next year," said Yang Benxin, chairman of CSIC (Chongqing) Haizhuang Windpower Equipment at the WINDPOWER 2015 ...
Tags: Wind Market, US market
The China Steel and Iron Association and several industry partners joined hands to set up the Steel E-commerce Research Center on Monday, with an eye on upgrading and transforming the industry reeling from low profits. The research ...
Tags: Steel Companies, Online Success
China's state-owned oil giants Sinopec and China National Petroleum Corp. this month started up dedicated shale gas pipelines that will facilitate deliveries from the only commercial shale gas projects in the country to date as the ...
China's crude oil imports surpassed those of the United States in April, making it the world's largest oil importer, recent data showed. China imported 30.29 million tons of crude oil in April, or about 7.37 million barrels per day, data ...
Tags: Oil Imports, Crude Oil
Steel markets in China showed little reaction to the central bank's third interest rate cut in six months Sunday, May 10, with some citing the small magnitude of change as a reason. Spot offers for 18-25 mm diameter HRB400 rebar, a key ...
Tags: Steel Market, Iron Steel