China insight

Zimbabwe's mining industry is open to foreign investment

It is reported that Zimbabwe's president Minangaguwa overturned the amendment to the localization policy in the finance act the day after the end of his annual leave.

Sunday, February 7, 2021

Inner Mongolia adjusts electricity price policy of some industries and ferrochrome smelting cost increases

Inner Mongolia adjusts electricity price policy of some industries and ferrochrome smelting cost increases.

Sunday, February 7, 2021

Private iron and steel clubs increased to 12

According to the information released by the all China Metallurgical Association, the proportion of private iron and steel enterprises in the country's crude steel output continues to increase, from 62% in 2019 to 63.21%, with a total output of 66569 million t...

Sunday, February 7, 2021

The output of ferrochrome and stainless steel dropped in 2020

The output of ferrochrome and stainless steel dropped in 2020.

Sunday, February 7, 2021

Iron ore freight rate fluctuates slightly due to weaker demand

According to the Wuhan Shipping Exchange, the ships overstocking in some ports continued this week.

Sunday, February 7, 2021

Vale posts record 4Q 2020 iron ore sales to China

Brazilian mining firm Vale said it expects to achieve iron ore production capacity of 350mn t/yr this year, up by 8.7pc from a year earlier.

Sunday, February 7, 2021

China’s Baowu acquires Kunming Steel, eyes Shandong

Baowu produced 96mn t of steel in 2019 to overtake Luxembourg-based ArcelorMittal, which produced 89.8mn t, as the world's largest steelmaker.

Sunday, February 7, 2021

Next round of coal price rise expects until April and May

It is expected that a new round of coal price rise will not appear until April or may.

Sunday, February 7, 2021
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