Chinese iron ore importers on Monday denied they were under pressure to sell their port stocks so that they repay their debts to the country's banks, refuting recent local media reports. The importers added that the price of the more than ...
Tags: Iron Ore, steel mills
Lectra, the world leader in integrated technology solutions dedicated to industries using soft materials—fabrics, leather, technical textiles and composite materials—is pleased to announce a strategic partnership with Chinese ...
Tags: Lectra, Ruyi, integrated technology
The ferrous scrap market in eastern China remained quiet this week, keeping in step with the rebar market's trend. Demand from steelmakers has not fully recovered as the finished steel markets have remained sluggish. Media reports that ...
China's Jinling Mining hiked its iron ore concentrate production in 2013 to 1.23 million mt, up 6.9% year on year in 2013, the Shenzhen-listed company said in its financial report released Tuesday. Jinling, one of the few Chinese iron ore ...
Tags: Jinling Mining, iron ore mining
Chinese buyers refrained from meeting the delivered-price expectations of seaborne cargo sellers in unsettled Asian trade Friday, as weak fundamentals in the domestic market prolonged a week-old standoff between buyers and sellers, said ...
Tags: China Cargo Market, coal producer, thermal coal market
Not content with selling gas domestically, some of China's private gas distribution companies are becoming increasingly ambitious and are planning to enter the LNG import business, competing directly with state-owned LNG buyers such as ...
Tags: Gas, LNG Imports, Natural Gas
The focus in the Chinese spot market was back on domestic thermal coal prices, which buckled in Asia trade and caused buying interest on cargoes of imported fuel to sink below $75/mt CFR South China in many cases, said market sources. ...
Tags: Buckles, Thermal Coal
China's recent move to digitally tag fuel cargoes to clamp down on the widespread practice of declaring crude purchases as fuel oil to evade taxes is already seen to be curbing demand for heavy Venezuelan Merey crude from teapot refiners in ...
Tags: Curbing Demand, Tax Change
Shandong Province-based Chinese steelmaker Shandong Iron and Steel Co.(Shandong Steel)has announced that it achieved an operating revenue of RMB 120.6 billion($19.8 billion)and recorded a net loss of RMB 600 million($98.4 million)in 2013.In ...
Tags: steelmaker, Steel, Metallurgy
Government incentives help focus efforts on power plant development Chinese solar panel makers are looking to invest in solar power farms to boost earnings after a drop in panel prices due to oversupply. Hit hard by trade disputes as ...
Tags: Solar Panel, Energy
Shandong Province-based Chinese steelmaker Qingdao Iron and Steel Group Co. (Qingdao Steel) has announced that it has signed a strategic agreement for further cooperation with Seoul-based South Korean company Kiswire. According to Qingdao ...
Tags: Kiswire, output, strategic agreement, steel
Japanese air purifiers sales surge due to increasing awareness of health and environmental issues. Panasonic's manufacturing plant in Shandong Province has increased its production and Sharp unviels ionizer for newly-built houses. Japanese ...
Tags: air purifiers, Sharp, Panasonic
A successful hot run test was carried out on January 14 on finishing units for the large-sized alloy steel bar line of Shandong-based Chinese steel producer Shouguang Juneng Special Steel Co., as announced by Beijing-based state-owned China ...
Tags: Special Steel, Finishing Units
Shandong Province-based Chinese plate producer Shandong Kerui Steel Plate Co., Ltd has announced that it plans to issue short-term bonds worth a total value of RMB 400 million ($66.18 million) on January 20, for a term of 365 days. This ...
A nationwide overhaul of oil pipelines launched after a fatal explosion in Qingdao, Shandong province, has found hazards in many areas that could lead to similar incidents, according to the country's top work safety watchdog. The overhaul ...
Tags: Oil, Oil Pipelines, Oil Pipelines Defects