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Relevant News

China Must Readjust Rare Earth Industry

Rampant illegal mining, black market dealing and smuggling has seriously disrupted the rare earths market and led to a nosedive in prices of the resources in China, a senior insider has said.

Monday, August 11, 2014

Steel Output Bigger than Official data

China's leading steelmaker has estimated national crude steel output in 2013 at 822 million tons, nearly 6 percent above official data, suggesting the country's supply glut is worse than previously estimated.

Friday, August 8, 2014

China Bans High-Ash Coal

China's top economic planner has banned the sale and import of high-ash and high-sulfur coal from September 1, it announced on Aug 6th.

Friday, August 8, 2014

China Sets Solar Power Target for 2014

China's central energy authority unveiled its photovoltaic (PV) development targets for 2014 on Tuesday, vowing to install 13 gigawatts of new PV power capacity this year.

Thursday, August 7, 2014

China’s stainless Crude Steel Production up in H1 of 2014

According to Stainless Steel Council of China Special Steel Enterprises Association (CSSC), China produced 10.68 million tons of stainless steel in the first half of 2014, an increase of 21.19% compared to the same period of 2013.

Tuesday, August 5, 2014

China MIIT Announces New Capacity-cutting Plan on Steel

China unveiled a detailed overcapacity replacement policy on last Thursday that will promote cuts in the iron and steel, electrolytic aluminum, cement and glass industries.

Tuesday, August 5, 2014

Baosteel Group Appointed New General Manager-China

On the afternoon of July 30th,2014, the Organization Department of the Central Committee of the CPC announced that Mr Chen Derong would be appointed

Friday, August 1, 2014

US utilities turn to Colombia, Russia for coal in 2014

U.S. utilities are importing more coal from countries like Colombia, Russia and Indonesia in 2014 to hedge against poor railroad service, fulfill unique blends and, in an alarming trend for Central Appalachia coal producers, because it is less expensive than b...

Wednesday, July 30, 2014