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 ...
Premier Li Keqiang has pledged "firmer resolve and greater efforts" to tackle the long-standing problem of industrial overcapacity as "old growth drivers" such as manufacturing and investment continue to struggle. China is experiencing a ...
Tags: high-tech industries, Overcapacity
The 2nd round of upgraded negotiations and the 7th China-ASEAN FTA Joint Committee Meeting was held in Beijing on February 3-6, 2015. The Chinese delegation, consisting of the Ministry of Commerce, the Ministry of Foreign Affairs, the ...
Tags: China-ASEAN FTA, trade in services, investment, economic cooperation
China's iron ore demand is falling, but its share of imports from mining giants Australia and Brazil is rising, which is squeezing smaller miners and curbing their supply. China imported 453.1 million mt of iron ore in January-June, with ...
First-quarter steel exports surged 40.7 percent to 25.78 million metric tons as mills responded to weak domestic demand and falling prices, the China Iron and Steel Association said on Wednesday. "Although domestic steel companies face ...
Tags: Steel Mills, steel exports
China will accelerate the overhaul of its overly-invested iron and steel sector to bring it back to a "basically balanced level" by 2017, the industry ministry said. The Ministry of Industry and Information Technology (MIIT) said it would ...
Tags: Steel Industry, Iron Steel
Chinese steelmakers are facing more headwinds this year as economic growth slows and need government support to tackle long-term overcapacity, the chairman of Anshan Iron & Steel Group said. China's steel sector has been struggling with ...
Tags: Steel, Metallurgy, Mineral
New rules to facilitate entry of bulk carriers at the nation's ports China is likely to import more iron ore from Companhia Vale do Rio Doce, the Brazilian mining giant, to bolster its raw material reserves, after the Ministry of ...
China's Ministry of Finance issued its customs duties implementation plan for 2015 on December 17, with the duties in question to become effective as of January 1, 2015. Accordingly, China's export tariffs for pig iron, semi-finished ...
Tags: pig iron, semi-finished steel, wire rod, Metallurgy
Although dwindling domestic demand and excess capacity have shrunk profit margins for most Chinese steelmakers, it has inspired some to tap overseas markets for sustained, long-term growth. Hebei Iron &Steel Co, China's second-largest ...
Tags: Chinese Steelmakers, Iron, Steel
In the January-September period of the current year, China's crude steel output amounted to 618.00 million mt, up 2.3 percent year on year, as announced by China's National Development and Reform Commission (NDRC). The growth rate in ...
On October 28, the China Iron and Steel Association (CISA) announced that in mid-October (October 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China - all CISA members - ...
Tags: Crude Steel, Crude Steel Output
Xinchuang Li, deputy secretary general of the China Iron and Steel Association (CISA), has stated at China Mining 2014 held in Tianjin that China's demand for imported iron ore will indicate slower growth, but will remain strong. The CISA ...
According to the China Iron and Steel Association (CISA), in the January-August period this year the overall sales revenues of China's 88 large and medium-size steelmakers - all CISA members - totaled RMB 2.4142 trillion ($393.19 billion), ...
Tags: Steelmakers, Metallurgy
In the January-August period of the current year, China's crude steel output amounted to 550.10 million mt, up 2.6 percent year on year, as announced by China's National Development and Reform Commission (NDRC). The growth rate in question ...
Tags: Metallurgy, Mineral, Energy, Crude Steel, Steel