China

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China will step up efforts to eliminate illegal mining, production and smuggling of rare earth materials, while at the same time, encourage more high-end processing, the industry ministry said in new guidelines published on Friday.
News ID: 3157    Publish Date : 2019/01/04

Global markets plummeted this week on China slowdown worries, dragging industrial metals prices along and increasing future demand concerns, which has prompted analysts to question whether Beijing is doing enough to address the country's economic contraction.
News ID: 3154    Publish Date : 2019/01/04

Oil rose towards $57 a barrel on Friday after China said it would hold talks with the United States to look for solutions to a trade dispute, while signs of lower crude supply also supported prices.
News ID: 3153    Publish Date : 2019/01/04

China 's elimination of its export duty on steel billet from 1 January is unlikely to boost shipments because trading firms are already using a square bar tax rebate to export billet.
News ID: 3149    Publish Date : 2019/01/03

China ’s No.1 gold producer Zijin Mining plans to issue 8 billion yuan (about $1.2 billion) worth of shares in Shanghai to finance the acquisition of Canada’s Nevsun Resources (TSX, NYSEMKT:NSU), the biggest overseas purchase since the Beijing-backed miner went public in Hong Kong in 2003.
News ID: 3147    Publish Date : 2019/01/03

Portside prices of mainstream fines in China retained their premium to seaborne prices in December as mills turned cautious, preferring to use yuan-based cash portside markets to meet immediate needs and buy lower-cost ores to narrow the spreads between brands.
News ID: 3145    Publish Date : 2019/01/02

Fob Indonesia coal prices were little changed again today in a thinly traded market, with activity slow to pick up following the regional 1 January holiday and a public holiday in China on 31 December.
News ID: 3144    Publish Date : 2019/01/02

Commodities had another poor year in 2018, hurt by substantial losses in energy and base metals, and raw materials will head into January burdened by concerns global economic growth is poised to slow.
News ID: 3140    Publish Date : 2019/01/02

Chinese state-owned oil major Sinopec sank as much as 5% in stock markets last week following reports of massive losses from petroleum contracts and the suspension of two executives.
News ID: 3139    Publish Date : 2019/01/02

Gold closed out 2018 on a strong note, its haven demand reinvigorated by volatile trading in global equities, rising concern about the economic outlook and a drawn-out government shutdown in the U.S.
News ID: 3129    Publish Date : 2019/01/01

Iranian steel mills have produced 13.1 million tons of crude steel in the first 7 months of the current local calendar year (started on March 21, 2018), indicating a 9.8% increase in output, according to the Iranian Industry Ministry.
News ID: 3124    Publish Date : 2018/12/31

Regulatory obstacles in Indonesia could hamper coal production in 2019 and uncertainty about China 's import policy could also curb exports, even though a number of producers have announced tentative plans to raise output in the coming year.
News ID: 3123    Publish Date : 2018/12/31

Asia's ethanol market continues to face some uncertainty over China 's buying appetite amid trade tensions between Washington and Beijing, even after a temporary truce was called in the six-month long US- China trade war.
News ID: 3122    Publish Date : 2018/12/31

Technology cold war. Decoupling. Weaponized interdependence. Whatever you call it, the US- China science and technology relationship is being violently rewritten.
News ID: 3120    Publish Date : 2018/12/31

Asia-Pacific light-grade base oil prices held in a narrow range in 2018 as steady demand absorbed growing supplies. Heavy-grade prices were in a much wider range, with values surging in the first quarter of the year before sliding steadily throughout the rest of the year.
News ID: 3104    Publish Date : 2018/12/28

China 's steel sector profits fell by 26pc on the month in November, the sharpest month-on-month drop in profits this year.
News ID: 3101    Publish Date : 2018/12/28

Exports of Russian ESPO Blend crude to China will continue to rise in 2019 as other Asia-Pacific refiners turn to alternative light crudes.
News ID: 3100    Publish Date : 2018/12/28

China 's imposition of tariffs on US LNG imports has seen fewer US cargoes head to China in recent months. But the tariffs have not diminished the longer-term appetite for the ultra-cooled fuel even though recent trade numbers suggest otherwise.
News ID: 3094    Publish Date : 2018/12/27

Steel product inventories with trading firms in 20 main Chinese cities as of 18 December fell by 4.1pc from a month earlier, which has supported prices this month.
News ID: 3093    Publish Date : 2018/12/27

US cobalt prices will likely decline in the first half of 2019 as supplies of metal and upstream cobalt products outweigh demand. Meanwhile, greater output and lower production costs will outstrip a bump in indium demand over the same period.
News ID: 3092    Publish Date : 2018/12/27