During last week (March 4-8), China's iron ore spot trading platform run by the China Beijing International Mining Exchange (CMBX) recorded 36 offers of a total of 2.745 million mt of iron ore, with the conclusion of eight deals totaling ...
Tags: iron ore spot, iron ore, iron ore market
China's Ministry of Railways (MOR) is to be dismantled, according to a report read by Chinese Premier Wen Jiabao at the National People's Congress in Beijing on March 10. The original policy-making department of the Ministry of Railways ...
Tags: Railways, Railways Industry
In the January-February period of this year, China's total fixed asset investment (excluding rural households) amounted to RMB 2.5676 trillion ($409 billion), up 21.2 percent year on year, according to the figures released by China's ...
Tags: fixed asset investments, fixed asset, asset investments
361 Degrees International Limited, one of the leading sports brand enterprises in China, announces its results for the year ended 31 December 2012. In yet under difficult year for the industry, the Group recorded a net profit of RMB707.2 ...
Tags: 361 Degrees, sports bran, 2013
Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group has announced that its Yanshan iron ore mine produced 263,700 mt of iron ore concentrate in the January-February period of the current year, exceeding the target for the ...
Tags: Iron Ore Concentrate, steelmaker, China
The new Xi’an, China-based building materials production plant of Australia’s biggest steelmaker BlueScope Steel will commence production operations in July of the current year, as reported by local media sources in Xi’an. ...
Tags: BlueScope Steel, steelmaker, BlueScope
Hunan Province-based Chinese steelmaker Hunan Valin Iron and Steel Co. has announced that in 2013 its total planned fixed asset project investments amount to RMB 906.91 million($145 million). In particular, RMB 461 million ($73.5 million) ...
Tags: Valin Steel, steelmaker, steel sheet project
Denmark-based Carlsberg Group has decided to acquire additional 30.29% shares in Chongqing Brewery Company in China. At RMB 20 per share, the total purchase price for the additional 30.29% stake in CBC will be around RMB 2.9bn ($461.49m). ...
In February this year, Pangang Baima Mining, a subsidiary of Sichuan Province-based Chinese steelmaker Panzhihua Iron and Steel Group (Pangang Group), produced 363,099 mt of iron ore concentrate, equivalent to 104 percent of the target ...
Shanghai-based Chinese steelmaker Baoshan Iron and Steel Co. Ltd (Baosteel) has announced that as of February 28 it has spent RMB 2.304 billion ($367 million), including commissions, to buy back 492 million of its own shares, paying between ...
On March 4, Zhejiang province-based Jiuli Special Material Technology Co. has announced that it plans to issue its first short-term bonds in 2013 worth RMB 200 million ($32.2 million).The period of issuance of the short-term bonds is one ...
Tags: Special Material, Material, Short Term Bonds
Chinese steelmaker Jiangsu Changbao Steel Tube Co. Ltd has announced its financial results for 2012. Accordingly, in 2012 Changbao Steel Tube achieved an operating revenue of RMB 3.435 billion ($547 million), down 7.64 percent, while its ...
Tags: Steel Tube, Steel, Changbao
Bayi Steel, the Xinjiang-based subsidiary of Shanghai-based Chinese steel giant Baosteel Group, has announced that it plans to issue short-term bonds worth RMB 800 million ($127.4 million). The period of issuance of the bonds is one year, ...
Tags: Bayi Steel, Steel, steel giant
On February 28, Jiangsu Province-based Chinese steelmaker Shagang Co., Ltd issued its financial results for 2012. Accordingly, Shangang Co. achieved an operating revenue of RMB 12.143 billion ($1.9 billion) in 2012, down 19.04 percent ...
Tags: Shagang, steelmaker, steel
On February 25, Chinese company Changshu Fengfan Power Equipment Co. announced that it will invest raised funds amounting to RMB 150 million ($23.8 million) in a square welded pipe project with a planned annual output capacity of 150,000 ...