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China-Laos Railway station construction continues steady progress

It started construction on Aug 16 with an area of 6,500 square meters.

Tuesday, January 5, 2021

After record steel output, Baowu chases tech, profitability and scale

The steel giant is going to pursue latest technologies and innovation and emerge as the global steel industry leader, said its chairman.

Tuesday, January 5, 2021

Big-ticket fund set up for SOEs in China

$30.6b earmarked for mixed-ownership reform, cutting-edge technology.

Tuesday, January 5, 2021

Baowu Steel makes major announcement for Shanghai industrial park

The 10 projects involve total investment of about 13.56 billion yuan and will be developed into 513,000 square meters of gross floor space.

Tuesday, January 5, 2021

Dislocation in domestic, external recoveries

The purchasing managers' index of China's manufacturing industry was 51.9 percent in December.

Tuesday, January 5, 2021

METI predict Japan's crude steel output increase 7.3% to 23.5 million tons in Q1 2021

METI predicts that Japan's crude steel output will reach 23.5 million tons in the first quarter of 2021.

Monday, January 4, 2021

Russian Antimonopoly Authority proposes to impose export duties on billet and rebar

The Federal Antimonopoly Agency of the Russian Federation has proposed to investigate billet and rebar and impose export duties to ease the sharp rise in local prices over the past month.

Monday, January 4, 2021

Japan's steel exports fell 4.7% year-on-year in January-November 2020 and 18.4% year-on-year in China

According to customs statistics released by the Japan Iron and Steel Federation, Japan's exports of steel products in November were 2.43 million tons, down 2.5% from a month earlier, down 10.4% from a year earlier.

Monday, January 4, 2021