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Relevant News

Philippine apparent steel demands to Reach 20 Million tons by 2030

According to Philippines’ Board of Investments (BOI), the country’s annual steel demands are expected to reach 20 million tons by 2030.

Friday, July 4, 2014

BHP Billiton's Iron Ore Shipments to Japan Hit 1 billion tons

BHP Billiton said that the company’s shipment of iron ore went to Japan’s customers reached 1 billion tons, according to the company.

Friday, July 4, 2014

Vale expects Demand of Iron Ore to up by 34% by 2020

Brazilian mining giant Vale predicts the global demand for iron ore will grow by 34% by 2020 compared to the level of 2012.

Friday, July 4, 2014

The Decline of BDI Reflected Market Pessimism on China’s Economy

As China’s commodity import decreased, the Baltic Dry Index (BDI) decreased to about 900 point in late June 2014. It had dropped by about 60% within a year, the worst record same period in history.

Friday, July 4, 2014

Coal, Electricity Prices Expected to Rise in China

he prices for coal, electricity and other resources in China are expected to rise as a result of the upcoming reform of the resource tax, the finance ministry's head researcher said Thursday.

Friday, July 4, 2014

US Sets Preliminary Subsidy Rates on China's Steel Wire Rod

The US Commerce Department on Tuesday set preliminary subsidy rates on imported steel wire rod from China, signaling that it may impose punitive duties on the products.

Wednesday, July 2, 2014

Tata Steel to Raise Production Capacity by 60% to 16 MT in 5 years

Tata Steel to Raise Production Capacity by 60% to 16 MT in 5 years

Tuesday, July 1, 2014

Report Calls for Building Inland Nuclear Power Stations in China

China should vigorously develop nuclear energy and restart the plan to build nuclear power stations inland to reduce the nation's high energy consumption per unit of gross domestic product and clear smog and haze, said a report released on Thursday.

Tuesday, July 1, 2014