Finance & Economy

Full Year 2020 Production Report

Glencore's Full Year 2020 Production Report

Thursday, February 18, 2021

U.S. steelmakers and unions have called on Biden to retain the Trump administration's steel tariffs

Four industry groups representing top U.S. steel producers and the U.S. Iron Workers’ Federation urged President-elect Joe Biden to retain the steel tariffs imposed by President Trump in 2018, saying it was “critical to the viability of the domestic steel in...

Tuesday, January 12, 2021

The Russian government may impose export tariffs on some steel products

Russia's "kommersant" reported on december 28, recently, russia's national federation of housing builders to russia's deputy prime minister hu snulin complaints, russian metal prices soared, steel prices rose 40% in a month.

Monday, January 11, 2021

Congestion of ports has blocked imports of Chilean steel

Chile's bureaucracy has caused congestion in the country's main ports, putting steel processors at risk of drying up steel supplies, an industry body said.

Monday, January 11, 2021

The World Bank forecasts global growth of 4% in 2021 and 7.9% in China

On 5 January local time, the World Bank organization released the January 2021 Global Economic Outlook report. In the report, the World Bank said that the global economy is expected to grow by 4% in 2021, assuming the new crown pneumonia vaccine is widely in t...

Wednesday, January 6, 2021

Chinese Yuan appreciated over 2%

Chinese yuan appreciated over 2% since last week, and the trend is upward further, and today almost broken 6.4yuan by one dollar. Why ?

Tuesday, January 5, 2021

Consumption to play bigger role in 2021

Fiscal spending likely to focus more on public services to improve livelihoods.

Tuesday, January 5, 2021

China's latest trading data surprises the market

Another industry that has witnessed strong growth with export in the first 11 months is the furniture industry.

Monday, December 14, 2020
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