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China to Accelerate Nuclear Power Development

China still relies too heavily on coal for power, with nuclear power seen as the route to an optimized energy structure and cleaner growth.

Wednesday, June 18, 2014

Iron Ore Production in China May Scale New Peak

Production of iron ore in China, the world's biggest consumer of the key steelmaking ingredient, will climb to a record this year as bigger mines open, adding to a global glut that's depressing prices.

Wednesday, June 18, 2014

Chinese Power Generation Groups Are Not Positive on Direct Power Purchase

National Development and Reform Commission (NDRC) convened Chinese power generation enterprises recently and held a symposium to solicit opinions on power system reform. Direct power purchase mode was discussed on the symposium.

Wednesday, June 18, 2014

China's Power Consumption Rises 5.2% in Jan-May

China's power consumption rose 5.2 percent in the first five months from a year earlier, official data showed on Saturday.

Tuesday, June 24, 2014

NDRC Would Promote Direct Electricity Purchase from Power Generators-China

National Development and Reform Commission (NDRC) held a meeting on China’s power supply in summer recently. It was agreed on the meeting that overall power supply was loose this summer but it was tight in some areas.

Thursday, June 12, 2014

South Korea Steelmakers File AD petition Against Chinese H-beams

It's reported that Hyundai Steel and Dongkuk Steel in South Korean have submitted an anti-dumping petition on May 30 against Chinese H-beam, claiming they are selling to Korea at a price of 20% lower than in China.

Thursday, June 12, 2014

JSW Steel to acquire Welspun Maxsteel

India's JSW Steel has announced to acquire Welspun Maxsteel for about US$185.6 million.

Wednesday, June 11, 2014

Tata Steel, NSSMC’s joint venture mill starts to run

It is reported that Tata Steel and Nippon Steel & Sumitomo Metal Corp (NSSMC)’s joint venture mill in India have started commercial production.

Wednesday, June 11, 2014