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Consumption to play bigger role in 2021
Fiscal spending likely to focus more on public services to improve livelihoods. |
China-Laos Railway station construction continues steady progress
It started construction on Aug 16 with an area of 6,500 square meters. |
After record steel output, Baowu chases tech, profitability and scale
The steel giant is going to pursue latest technologies and innovation and emerge as the global steel industry leader, said its chairman. |
Big-ticket fund set up for SOEs in China
$30.6b earmarked for mixed-ownership reform, cutting-edge technology. |
Baowu Steel makes major announcement for Shanghai industrial park
The 10 projects involve total investment of about 13.56 billion yuan and will be developed into 513,000 square meters of gross floor space. |
Dislocation in domestic, external recoveries
The purchasing managers' index of China's manufacturing industry was 51.9 percent in December. |
METI predict Japan's crude steel output increase 7.3% to 23.5 million tons in Q1 2021
METI predicts that Japan's crude steel output will reach 23.5 million tons in the first quarter of 2021. |
Russian Antimonopoly Authority proposes to impose export duties on billet and rebar
The Federal Antimonopoly Agency of the Russian Federation has proposed to investigate billet and rebar and impose export duties to ease the sharp rise in local prices over the past month. |
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