Finance & Economy

AECI’s diversification strategy helped to deliver solid 2020 performance amid challenging year

JSE-listed chemicals group AECI has declared a final cash dividend of 470c apiece for the year ended December 31, 2020, despite a 55% year-on-year decrease in profit from operations to R917-million.

Thursday, February 25, 2021

High Voltage: The electric revolution has become an unstoppable force in 2021

Our High Voltage column wraps all the news driving ASX stocks with exposure to lithium, cobalt, graphite, nickel, rare earths, and vanadium.

Thursday, February 25, 2021

Achievements of sci-tech development in 13th five year plan and innovation in 14th five year plan of China Steel

Jiang Shangqing pointed out that this year is the first year of the 14th five year plan, the iron and steel industry is also standing at a new historical intersection, and scientific and technological innovation has been raised to an unprecedented height.

Wednesday, February 24, 2021

Aveng hopes to build on first positive earnings since 2014 as restructuring nears end

Infrastructure and contract mining group Aveng, which is at the tail-end of a far-reaching restructuring exercise that has been under way since 2017, has reported its first positive earnings since 2014, recording headline earnings of R109-million for the six m...

Wednesday, February 24, 2021

Mr. Gao Xiangming of TISCO: boost development confidence, accelerate integration, and strive to build the world's most competitive stainless steel whole industry chain enterprise

The world's most competitive stainless steel industry chain enterprises provide strong strategic support for China Baowu to create a world-class demonstration enterprise.

Tuesday, February 23, 2021

Release of monthly electricity consumption budget of high energy consuming enterprises in Ulanqab, Inner Mongolia in March 2021

On February 23, Ulanqab, Inner Mongolia, issued a letter on the estimated power consumption of high energy consuming enterprises in March 2021.

Tuesday, February 23, 2021

China Europe shipping costs soar!

In recent months, shipping costs from China to Europe have quadrupled due to tight shipping space.

Monday, February 22, 2021

Steel export tax rebate may be cut to 9% or cancelled

According to relevant reports, the Asian steel market has been talking about the possibility of China cutting the steel export tax rebate from the current 13% to 9%, or abolishing it altogether.

Monday, February 22, 2021
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