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CEO exit casts shadow on Fortescue results
Iron-ore major Fortescue has reported record shipments during the 2023 financial year, while also announcing the departure of CEO Fiona Hick only six months after her appointment. |
BHP sees China commodity demand as stable. And that's the best case: Russell
BHP Group reported its lowest annual profit in three years, but the decline isn't the most worrying factor for the world's biggest mining company. |
China promotes high-quality development of shipbuilding industry
China's share of global orders for large LNG carriers exceeded 30 percent in 2022, hitting a record high. |
Means of production prices rise in China
Specifically, the price of sulfuric acid went up 18.1 percent in mid-August compared to the beginning of this month, while the price for liquefied petroleum gas increased by 10.9 percent. |
5G, industrial internet to lift manufacturing
Execs, experts underline high-techs' role in upgrading traditional industries. |
BHP reports profit slump for 2023 as commodity prices fall.
Reported figures for the financial year ending on June 30, 2023, reveal a steep slump in earnings for Australia’s largest company, known for its domination in the commodities sector. Revenue fell by 17%, from $US65.1bn ($A101bn) in FY22 to US$53.8bn ($A83.8bn... |
Tokyo Steel to keep product prices unchanged for 2nd month in Sept
Tokyo Steel Manufacturing Co , Japan's top electric-arc furnace steelmaker, said on Monday said it would keep steel product prices unchanged in September to reflect sluggish demand at home and abroad. |
July 2023 crude steel production
World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 158.5 million tonnes (Mt) in July 2023, a 6.6% increase compared to July 2022. |
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