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Japan’s steel woes set to be laid bare as top mills give updates
Japanese steel producers, mired in one of their biggest postwar crises, are likely to reveal their troubles have crept into the new fiscal year when they start reporting earnings this week. |
HBIS lines up investment in Peru iron ore mine
HBIS Resources Co Ltd, a unit of China’s second-biggest steelmaker HBIS Group, said last Monday it had signed an initial deal to develop the Pampa de Pongo iron ore mine in Peru alongside current licence-holder Zhongrong Xinda. |
Vietnam’s steel imports down in 7 months
The major markets supplying steel and iron to Vietnam in the period included China, Japan and South Korea, according to the Vietnam Steel Association on Thursday. |
Tianjin Bulk Freight Index down 2.84%
They come from coal, iron ore, nickel ore and grain exporters, such as Australia, Indonesia and the Philippines. |
Mongolia's coal export drops nearly 50 pct amid COVID-19 pandemic
The sharp decline, said the Mongolian Customs General Administration, is largely due to the COVID-19 pandemic. |
German steel giant Thyssenkrupp sells elevator business for 17.2 bln euros
Thyssenkrupp completed the sale of its elevator business for 17.2 billion euros (20.4 billion U.S. dollars). |
Xinjiang's electricity transmission tops 10b kWh in July
A total of 3.43 billion kWh of electricity or a third of the overall transmission volume was mainly generated by wind and solar power, the center added. |
Beidou's eye can help spot and stop rampant illegal mining
More than 100 officials in Gansu province were held accountable three years ago for illegal coal mining on the northern slope of the Qilian Mountains on the Gansu-Qinghai border. |
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