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The European Union plans to invite Russia and China to join a future alternative payment network to the global financial service provider SWIFT to circumvent the US sanctions on Iran, Russian Ambassador to the European Union Vladimir Chizhov said.
News ID: 2455    Publish Date : 2018/10/26

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 151.7 million tonnes (Mt) in September 2018, a 4.4% increase compared to September 2017.
News ID: 2447    Publish Date : 2018/10/25

Chinese refiners are buying more and more very cheap heavy Canadian crude oil to make up for the dwindling supply of Venezuela’s heavy grades as China ’s road construction sector—a key consumer of the heavy oil’s bitumen yield—is booming.
News ID: 2426    Publish Date : 2018/10/13

China ’s vast export engine unexpectedly kicked into higher gear in September, producing a record trade surplus with the US that could exacerbate the already-heated dispute between Beijing and Washington.
News ID: 2423    Publish Date : 2018/10/12

China 's overseas expansion will spread over land that is home to more than half the world's population, potentially boosting copper use by 1.6 million tonnes, or roughly 7 percent of annual demand, major miner BHP said on Thursday.
News ID: 2364    Publish Date : 2018/10/04

US crude oil shipments to China have “totally stopped”, the president of China Merchants Energy Shipping Co. said on Wednesday, as the trade war between the world’s two biggest economies takes its toll on what was a fast growing businesses.
News ID: 2349    Publish Date : 2018/10/04

China has pledged to sharply raise crude oil import quotas for the independent refining sector by 42% in 2019, as the startup of two mega refineries nears and a few small ones aim to boost operations, opening up a new window of opportunity for Middle Eastern, Latin American and Russian suppliers.
News ID: 2323    Publish Date : 2018/10/01

According to National Bureau of Statistics, China - world's largest iron ore consumer and importer of iron ore has witnessed production at 519.99 MnT for Jan-Aug'18, down 66% as against same duration previous year (Jan-Aug'17) at 863.22 MnT.
News ID: 2229    Publish Date : 2018/09/22

China has announced its decision to increase tax rebates for 397 products including steel to electronics in its move to boost export shipments amid its trade war with U.S.
News ID: 2209    Publish Date : 2018/09/21

SteelMint has reported that last week China ’s graphite electrodes prices surged by RMB 3,000 to 20,000 (USD 438 – 2,920/MT) varying with the size. However, sources have informed that the GE prices in China have increased further by RMB 2,000 to 10,000/MT (USD 292 – 1,460/MT).
News ID: 2203    Publish Date : 2018/09/21

China has this year become the world’s second-largest LNG importer after Japan, analysis of shipping data from Reuters Eikon revealed.
News ID: 1741    Publish Date : 2017/12/29

Ford Motor Co will launch 50 new vehicles in China by 2025, including 15 electrified vehicles, the US firm said at an event in Shanghai on Tuesday, as it looks to rev up sales growth in the market and shift towards cleaner electric cars.
News ID: 1664    Publish Date : 2017/12/11

There is a never-ending competition for supplying raw steelmaking materials and this is at its fiercest in China as the world’s largest producer and consumer of iron ore. Iran, however, is missing out on the competition and is wholly dependent on Chinese imports.
News ID: 1657    Publish Date : 2017/12/11

With its smog-prone north desperate to slash coal consumption, China is looking to deploy nuclear power to provide reliable winter heating. This has raised public safety concerns, although developers say the risks are minimal.
News ID: 1652    Publish Date : 2017/12/11

Metso has received four major valve orders for the oil and gas industry from Chinese petrochemical customers. All orders are for greenfield investments and have been booked in Metso's orders received starting from the first quarter of 2017, with subsequent quarterly bookings in 2017 and continuing to 2018
News ID: 1502    Publish Date : 2017/11/04

The amount of iron ore shipped to China surpassed 100 million tonnes for the first time in September.
News ID: 1486    Publish Date : 2017/10/30

According to Chinese customs data released on Tuesday, the country imported 512,000 tonnes of coal – mainly the steelmaking variety – from North Korea in September. Volumes were down 71.6% from the same month last year as Beijing institutes the latest round of UN sanctions on the rogue regime.
News ID: 1478    Publish Date : 2017/10/26

China 's refined copper output in September rose by 6.8 percent from a year ago to its highest level since December 2014, the National Bureau of Statistics (NBS) said on Monday.
News ID: 1474    Publish Date : 2017/10/24

Concrete and mortar mixers weighing more than 711 tons and worth 51.55 billion rials ($1.6 million) were imported into Iran during the five months to Aug.
News ID: 1404    Publish Date : 2017/10/10

Bank Sepah, a major Iranian commercial bank, plans to open branches in China , South Korea and Iraq in the near future.
News ID: 1295    Publish Date : 2017/09/13

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