Japan's factory output suffer biggest fall in 8 months

Factory output fell 4.6% in January from a month earlier on a seasonally adjusted basis, government data showed on Tuesday. The contraction was much larger than economists' median forecast of a 2.6% decline and followed an upwardly-revised 0.3% increase in Dec...

Tuesday, February 28, 2023

China, Australia face chance to deepen trade ties

China-Australia economic and trade relations now have scope for improvement, so the two countries should strengthen their cooperation, China's Ministry of Commerce said on Thursday.

Wednesday, February 22, 2023

Major Chinese coal railway transports 8 bln tonnes of cargo

Now, nearly 90 pairs of heavy-haul trains make round trips along the Daqin Railway every day, said the China Railway Taiyuan Group Co., Ltd.

Wednesday, February 22, 2023

World's largest green hydrogen plant breaks ground in Ordos

The world's biggest project using solar and wind power to produce hydrogen started construction in Ordos, Inner Mongolia autonomous region on Wednesday.

Wednesday, February 22, 2023

AISI: US Finished Steel Imports Up 11% In 2022

Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,186,000 net tons (NT) of steel in December 2022.

Wednesday, February 22, 2023

Nucor raises steel prices, targets $1,000/st for HRC

US steelmaker Nucor has raised its flat rolled steel prices by $100/short ton (st) and set a minimum target price of $1,000/st for hot rolled coil (HRC) products.

Wednesday, February 22, 2023

AISI Releases US January SIMA Imports Data

This was a 9.8% increase from the 2,262,000 permit tons recorded in December and a 12.7% increase from the December final imports total of 2,203,000.

Wednesday, February 22, 2023

BHP to sell more Australian coking coal mines

Australian resources firm BHP and Japanese trading house Mitsubishi plan to sell the 12mn t/yr Blackwater and 2.5mn t/yr Daunia mines from their BHP Mitsubishi Alliance (BMA) joint venture in Queensland.

Wednesday, February 22, 2023
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