In another sign of the government's resolve to tackle the problem of excess industrial capacity, the Ministry of Land and Resources will reject applications for land acquisition by companies in sectors with low capacity utilization ratios. ...
Tags: Surplus Capacity, Mineral
Major steel companies will achieve profits of 20 billion yuan ($3.25 billion) for the year, more than a tenfold increase on last year, even though the industry faces problems, including overcapacity and rising costs, a leading industry ...
Tags: Construction, steel
According to data released by China’s Ministry of Industry and Information Technology (MIIT), the steel enterprises in the Chinese Hebei provinces realized the aggregate gross profits of RMB9.02 billion in the first quarter of this ...
Tags: Hebei Steel, Steel
Mr Zhang Changfu secretary general of the China Iron and Steel Association at an annual meeting about China's steel market outlook Saturday said that China is expected to witness 723 million tonnes of crude steel output this year, only a 3% ...
Tags: Steel Output, CISA, Steel, Construction
China is expected to witness 723 million tonnes of crude steel output this year, only a 3% YoY, lowest growth rate since 2000 Mr Zhang Changfu secretary general of the China Iron and Steel Association, at an annual meeting about China's ...
Tags: crude steel, lowest growth, steel market, increasing investment
It's reported that Chinese steel industry will see a recovery from the fourth quarter of 2012 through the next year after posting huge losses of RMB 5.5 billion in the first three quarters of this year. According to Mr. Liu Zhenjiang, the ...
Tags: Chinese steel industry, medium-sized steel companies, steel industry
Xinhua reported that China's steel industry will face better situations in the fourth quarter and in 2013 after posting whopping losses in the first three quarters. Mr Liu Zhenjiang vice president of the China Iron and Steel Association ...
Tags: China's steel industry, steel industry, recovery, steel market