The steel and coal industries in China face new capacity cuts in a further bid to cut pollution in the country. That's according to the National Development and Reform Commission, who have announced plans to suspend construction of large ...
Tags: steel, coal industries
Iron and steel output in China in 2017 is expected to fall due to the shrinking demand of steel consumption industries and continuing efforts to cut overcapacity, according to a report. Decline in demand to limit steel production Demand ...
Efforts to reduce China's steel production overcapacity are forging ahead according to plan, the top economic planner said Wednesday. In a medium-term roundup of the drive, the National Development and Reform Commission (NDRC) said, in an ...
Tags: steel production, overcapacity
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 ...
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
RIA Novosti reported that global steel output in the first 11 months of 2014 was 1.498 billion tons, increasing 1.8% on year. China produced 749 million tons of steel, up 1.9% on year, ranking first. Russia followed China with 64.794 ...
Tags: Steel Production, steel output
Global crude steel production in November this year slightly increased by 0.1 percent year on year, amounting to 130.5 million metric tons, while a 4.5 percent decrease was observed on month-on-month basis, according to the World Steel ...
Tags: Crude Steel Output, Mineral
In October this year, China's crude steel output amounted to 67.52 million mt, down 0.3 percent year on year, as announced by China's National Bureau of Statistics (NBS) on November 13. During the given month, the average daily crude steel ...
Tags: Crude Steel, crude steel output
In October this year, China's overall value-added industrial output increased by 7.7 percent year on year, as announced by China's National Bureau of Statistics (NBS) on November 13, with this growth rate 0.3 percentage points higher than ...
Tags: Industrial Output, finished steel
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
The Chinese government on Tuesday began to solicit public opinion on a catalogue of industries to guide foreign investment. The draft axes the number of sectors that limit foreign investment from 79 to 35 and cuts the number of items that ...
Tags: Chinese Investment, Foreign Funds
In the first nine months of this year, Turkey's finished steel output increased by 1.2 percent year on year to 26.64 million metric tons, according to a report released by the Turkish Iron and Steel Producers' Association (TCUD). In the ...
Tags: Finished Steel, Iron, Steel
Ukrainian mining and steel producing group Metinvest has announced its results for the third quarter and the first nine months of the current year. According to its results, Metinvest's crude steel production decreased by 42 percent to ...
Tags: mining, crude steel
Swedish specialty steel producer SSAB has posted its financial results for the first nine months of the current year, reporting a net profit of SEK 418 million ($56.9 million), compared to a net loss of SEK 849 million in the corresponding ...
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 ...