China aims to list a new 0.5pc sulphur marine fuels futures contract by the end of this year.
News ID: 5434 Publish Date : 2019/07/23
China National Offshore Oil Co (CNOOC) has signed an agreement with Abu Dhabi National Oil Co (ADNOC) on upstream exploration and development, oil refining and liquefied natural gas trade, ADNOC said on Monday.
News ID: 5414 Publish Date : 2019/07/23
Chinese companies are looking to buy agricultural products from the US, potentially giving a boost to stalled trade talks between the two countries.
News ID: 5383 Publish Date : 2019/07/22
China 's ferrous scrap prices have risen to new 2019 highs, as high utilisation rates for electric arc furnaces (EAFs) and new restrictions on imports took effect from 1 July.
News ID: 5382 Publish Date : 2019/07/22
According to the latest data from the China Association of Automobile Manufacturers (CAAM), production and sales of motorcycles in June improved across China both year-on-year, as well as month-on-month basis.
News ID: 5370 Publish Date : 2019/07/21
Continuous downturn in China ’s new vehicle market for last four quarters has created cash crunch for a number of automakers, a report from Automotive News China says.
News ID: 5369 Publish Date : 2019/07/21
Ma’anshan Iron & Steel Co., Ltd. (Masteel) in China has been investing in upgrading production facilities and has now awarded Fives a turnkey contract to revamp a continuous galvanizing line (CGL) to produce new quality coated products.
News ID: 5340 Publish Date : 2019/07/20
On July 5, 2019, the Vice Minister of MIIT, Xin Guobin, cochaired with the French Ministry of Economy and Finance, Thomas Courbe, the 7th Sino-French Industrial Cooperation Forum held in Chongqing.
News ID: 5308 Publish Date : 2019/07/19
According to Shanghai Metals Market, demand for photovoltaic-use (PV-use) aluminium extrusion is likely to stay strong across China in the second half of the year, as the National Energy Administration (NEA) released on Thursday, July 18, the remaining quotas for residential solar qualifying for a 2019 subsidy, which was at 1.27GW.
News ID: 5306 Publish Date : 2019/07/19
Gränges’ production plant in Shanghai, China , has been certified against Aluminium Stewardship Initiative’s (ASI) Performance Standard for responsible production, sourcing and stewardship of aluminium. The facility produces aluminium strips and plates for the auto industry.
News ID: 5305 Publish Date : 2019/07/19
Ferro Chrome producers remain pessimistic as the prices fall to a new low each week. Demand for Ferro Chrome is dull in the domestic as well as global market due to bearish Stainless Steel demand.
News ID: 5301 Publish Date : 2019/07/19
Kuwait-based Equate Petrochemical, which operates Kuwaiti styrene producer TKSC, has restarted its 450,000 t/yr styrene monomer (SM) unit a week earlier than expected.
News ID: 5297 Publish Date : 2019/07/18
Floating discounts for iron ore concentrates have widened into China this month, including for higher-quality brands like 67-68pc Fe Minas Rio, as big moves in the underlying indexes and competition from domestic ores pressure discounts downward.
News ID: 5295 Publish Date : 2019/07/18
Continued strong global demand for steelmaking coal, especially in China and India, may be behind two new coal mine proposals in Canada’s British Columbia province.
News ID: 5254 Publish Date : 2019/07/17
Chinese HRC export offers continue to remain on lower side- Chinese HRC export offers continue to show downturn this week owing to thin trades happening in export market. Overseas buyers are unwilling to purchase material at higher prices and are bidding on lower side with the anticipation of further decline in prices.
News ID: 5248 Publish Date : 2019/07/17
The global billet market remained sluggish this week, as Turkish imported scrap prices have witnessed a drop amid limited deals. However market remained abuzz with recent billet bookings by China from Iran and Qatar made in last couple of weeks.
News ID: 5239 Publish Date : 2019/07/17
China 's Caofeidian port in Tangshan, Hebei province, has put a freeze on customs declarations for all imported coal with effect from 16 July, stoking fears that similar restrictions will be placed on other north China ports.
News ID: 5233 Publish Date : 2019/07/16
Perth-based graphite developer Bass Metals expects to increase its graphite sales by around 30pc in the September quarter, after they rose by 94pc in the June quarter.
News ID: 5199 Publish Date : 2019/07/15
China 's crude steel output in June rose by 10pc from a year earlier to 87.53mn t as Tangshan's pollution restrictions started too late in the month.
News ID: 5198 Publish Date : 2019/07/15
China 's gross domestic product (GDP) growth slid to a 27-year low of 6.2pc in the April-June quarter, compared with 6.4pc in the preceding three months. This has raised expectations of further stimulus measures to shore up the economy, which may boost steel demand in the infrastructure and housing sectors.
News ID: 5196 Publish Date : 2019/07/15