Relevant News

China to Cancel Tariffs on some Imported Steel Products Used for Processing Trade

China will start levying tariffs on some imported steel products, which are re-exported after processing, from July 31 as part of efforts to tackle overcapacity in the country's bloated steel industry, the finance ministry said on Jul 11th.

Monday, July 14, 2014

ArcelorMittal considers to acquire Italian steelmaker Lucchini

It is reported that ArcelorMittal is mulling to make an offer for Italy's second largest steel producer Lucchini, according to Italian union CGIL FIOM.

Wednesday, July 9, 2014

Canada could Become REE Powerhouse

A report by Canada’s House of Commons Standing Committee on Natural Resources says testimony before the group stressed “Canada has an opportunity to turn its rare earth deposits into a competitive advantage, and at the same time, secure its own supply of thi...

Tuesday, July 1, 2014

Arrests at Malaysian Rare Earths Refinery Protests

An Australia-based environmental activist faces the possibility of a two-year prison sentence, in Malaysia, after being arrested while protesting against the world’s largest rare earth refinery.

Friday, June 27, 2014

Dry & bulk Cargo Demand Would Maintain Growth in the Next Five Years

On a trade forum in China recently, experts disclosed dry & bulk cargo seaborne demand was still strong and it would maintain annual growth of 6% in the next five years.

Friday, June 27, 2014

Malaysia Plans to Raise Anti-dumping Duties on Certain Steel Products

It is reported that Malaysian government is mulling to raise anti-dumping duties on hot rolled, tread plate, pickled and oiled steel products which are imported from China, Indonesia and South Korea.

Thursday, June 26, 2014

More Iron Ore Mines to Shut in China as Prices Drop

This year's sharp drop in iron ore prices could force China to close up to 80 million tonnes of domestic

Tuesday, June 17, 2014

EU Steelmakers Restart Blast Furnaces, Constrain Recovery

EU steelmakers have restarted nearly half the blast furnaces that were idled in the financial crisis, according to a leading industry player, holding back recovery in a sector already hobbled by over-capacity and high energy costs.

Thursday, June 12, 2014
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