Hebei's foreign trade up 6.3% in Jan-July period

Foreign trade in North China's Hebei province rose by 6.3 percent year-on-year to more than 231 billion yuan ($33.4 billion) in the first seven months, customs statistics showed.

Friday, August 28, 2020

Baowu Steel to take 51% stake in Tisco

Move to spur industry consolidation and further boost supply-side reforms.

Friday, August 28, 2020

Tianjin Bulk Freight Index up 1.71%

The China Tianjin Bulk Freight Index (TBI), an indicator of northern China's international bulk freight rates, stood at 830.12 points on Wednesday, up 1.71 percent compared with the previous working day.

Friday, August 28, 2020

Nation's reform efforts in steel industry bear fruit

Thanks to the implementation of supply-side reforms, the pattern of supply and demand in the steel sector in China has improved since 2016.

Friday, August 28, 2020

Xinjiang cuts over 30 bln kWh coal-fired power in new energy trade since 2016

Xinjiang cuts over 30 bln kWh coal-fired power in new energy trade since 2016.

Friday, August 28, 2020

America’s import volume of steel products increased 92% month-on-month in July

According to the report compiled by American Iron and Steel Association (AISI) based on the preliminary data published by US Census Bureau, the import volume of steel products of America was about 2.69 million short tons in July, an increase of 92% from a mon...

Wednesday, August 26, 2020

Iron ore prices hit over six-year high on tight supply

The seaborne iron ore price hit more than six-year high Aug. 18, due to supply shortness of medium grade fines and a strong demand recovery in China post-pandemic.

Tuesday, August 25, 2020

Iron ore costs become the biggest part of producing steel in China

A near-50pc surge in iron ore prices over the past three months has lifted the product's share of Chinese steel costs to an all-time high.

Tuesday, August 25, 2020
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