Finance & Economy
East Asia stainless steel import price continues to fall
The import price of stainless steel in East Asia has declined with the decline of international nickel price in the past week. |
Mining production down in January, but mineral sales up almost 25%
Mining production decreased by 6.2% year-on-year in January, with the largest negative contributors being platinum group metals (PGMs), coal and gold, according to the latest Statistics South Africa (Stats SA) report. |
India JSHL's stainless steel sales and profits will continue to grow from October to December 2020
According to a report issued by India's Jindal stainless steel (Hisar) Co., Ltd. (JSHL), in the first three quarters of the fiscal year 2020 / 2021 (April to December 2020), its stainless steel sales totaled 394157 tons, with a year-on-year increase of 22% and... |
Merafe: demand for ferrochrome will recover in 2021
Coronavirus pandemic is expected to boost the demand for ferrochrome in 2021, mineral company Merafe said. |
Iron-ore sees year's second-worst week on China pollution crackdown
Benchmark Asian iron ore futures fell on Friday and were on track for their second-biggest weekly loss so far this year, as moves in China to restrict steel mills' highly-pollutive operations and reduce production capacity weighed on sentiment. |
Chinese firm plans iron-ore mine, steel plant in Zimbabwe
Tsingshan Holdings Group, the world’s top producer of nickel and stainless steel, will start construction on an iron ore mine and a carbon steel plant in Zimbabwe in May, according to a senior government official. |
New report highlights decade of falling electricity production in South Africa
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A new Council for Scientific and Industrial Research (CSIR) report offers a sobering picture of declining electricity system production and demand between 2010 and 2020 – a trend that was amplified further during Covid-hit 2020, when demand slumped by a sharp... |
The Netherlands will shut down coal and power plants for hard nuclear claims, while China's carbon reduction industry presses the accelerator key
In December 2019, the Netherlands adopted the law to phase out coal power by 2030, which is part of the Dutch strategy to reduce greenhouse gas emissions from 1990 levels by 49 per cent by 2030. |
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