Breakthroughs will be made in steel and coal sectors in reforms of traditional industries, along with China's efforts to cultivate new growth engines, the Chinese premier said on Wednesday. It is crucial to make a good start for the 13th ...
SteelFab is the region’s best trade platform that consistently brings cutting-edge technology from across the world on a single platform. For over a decade, the region’s steel fabrication and metal working industry ...
Tags: Footprints
One change will certainly be deeply felt in China's economy in 2016 and more time come: supply-side structural reform. "Supply-side structural reform is an urgent task that cannot afford any delay, otherwise the 'sickness' will become ...
The Chinese government's leading think-tank has released a new study downplaying concerns about the level of debt being held by local governments, suggesting that more spending needs to take place to cope with social issues. On the heels ...
Tags: People's Livelihoods
In the Chinese government's ongoing fight to try to clean up this country's air, a new focus is being being put on small-scale companies in an effort to get them onboard with reducing emissions. Over the past few years, the central ...
Tags: Local Enterprises, Green
The construction of China's nuclear power plant Hualong One, in southeast China's Fujian province, has made new progress, with part of its 13-layer containment vessel completed. Xue Junfeng, a senior engineer of Fujian Fuqing Nuclear ...
Tags: Hualong, Construction
Profit declines for China's state-owned enterprises (SOEs) continued but narrowed in November, the Ministry of Finance (MOF) said Friday. China's non-financial SOEs raked in 2 trillion yuan (309.1 billion U.S. dollars) in profits from ...
Tags: State Companies, Profitability
After dropping for five consecutive weeks, ferrous scrap prices in eastern China remained stable for the second week following the recent increase in domestic rebar and seaborne iron ore prices. Platts assessed heavy melting scrap 6 mm ...
Tags: ferrous scrap, iron ore
China's economy has entered a "new normal" and those fretting over disappointing data in traditional sectors, will have to adapt. The structure of China's economy has changed and traditional measurements, including GDP growth and ...
Tags: economy, new Normal
China will continue to actively destock its massive property inventory over concerns that the ailing housing market could derail the economy. Along with cutting overcapacity and tackling debt, destocking will be a major task in 2016, ...
Rating agency Fitch predicts that China's annual steel exports are likely to fall to 70 to 80 million tons in the long term. Official data shows in 2014, China's steel exports reached 94 million tons. However, more steel production ...
Tags: Chinese Steel, Exports
Ball Corporation is planning to invest in the expansion of its manufacturing plant in Velim, Czech Republic, in a bid to cater to increasing demand for its impact extruded aerosol cans in Europe. As part of the proposed expansion, Ball ...
Tags: Ball Corporation, expansion, Packaging
Precoat Metals has acquired the metal coil coating and processing assets of Consolidated Metal Products, a business unit of Consolidated Systems. The assets located in Columbia, South Carolina, will be operated as a toll processing ...
Tags: Precoat Metals, carbon steel, Packaging
A novel cable designed by a Chinese company could help protect the lives of the country's millions of miners by providing life necessities in times of crisis. The multifunctional cable uses a stainless-steel tube inside a traditional ...
China's iron ore importers need to keep a close eye on the country's steel mills as they mull output cuts and shutdowns amid a year-end credit crunch, the China Iron and Steel Association said Thursday. Prices of iron ore derivatives ...