The government of Chinese President Xi Jinping approved the merger of Shenhua Group Corp., the country’s top coal miner, with China Guodian Corp., among its largest power generators, the State-owned Assets Supervision and Administration Commission said on Monday.
News ID: 1229 Publish Date : 2017/08/29
The total value of foreign investment in various economic sectors approved by the Foreign Investment Board of Iran reached $5bn.
News ID: 1207 Publish Date : 2017/08/20
China is now gone as a destructive market force, as it operates in Iran in the same capacity as other foreigners, trying to gain a foothold but prevented by adverse factors Two years ago, Chinese steel companies had a significant share in Iran’s steel market reaching up to 20%, but now it’s hardly one-fourth
News ID: 1187 Publish Date : 2017/08/17
China shut 42.39 million tons of crude steel capacity in the first half of 2017, equal to 84% of its target for the whole year, a government official said at a meeting of the country’s steel industry body on Friday.
News ID: 1174 Publish Date : 2017/08/08
As the United States was withdrawing from the Paris climate pact, China ’s clean energy ambitions were being reflected in the launch of the world’s largest floating solar farm.
News ID: 1150 Publish Date : 2017/06/12
China exported record volumes of diesel in March and boosted sales of gasoline and kerosene as refiners continued to turn to foreign markets to offload their excess product, while liquefied natural gas imports also jumped, customs data showed on Sunday.
News ID: 1133 Publish Date : 2017/04/24
Crude steel and steel products were Iran’s main traded mineral products in terms of value, as 5.29 million tons worth $2.19 billion were exported and 3.38 million tons worth $2.11 billion were imported during the 10-month period
News ID: 1016 Publish Date : 2017/03/08
China makes more than half the world’s steel, but a slowdown in its economy and sagging global demand has left the industry with massive excess capacity. The country has been accused of dumping its production on world markets.
News ID: 985 Publish Date : 2017/02/19
China has accused the EU of “protectionist” behavior after Brussels imposed anti-dumping duties on Chinese steel products, as it seeks to protect struggling steelmakers in Europe.
News ID: 958 Publish Date : 2017/02/03
Iran maintained its position as the world’s 14th biggest steelmaker as its 2016 output placed it between Mexico (13th) with 19 million tons and France 14.63 million tons
News ID: 924 Publish Date : 2017/01/26
US President Barack Obama’s administration has launched a new complaint against Chinese aluminum subsidies at the World Trade Organization, accusing Beijing of artificially expanding its global market share with cheap state-directed loans and subsidized energy.
News ID: 887 Publish Date : 2017/01/20
Imports of crude oil by Iran's four major buyers in Asia in November more than doubled for a second straight month from a year ago, with purchases by India and South Korea more than four times higher.
News ID: 812 Publish Date : 2016/12/30
China will replace huge amounts of fossil fuels with renewable energy in the next five years in pursuit of better air quality.
News ID: 762 Publish Date : 2016/12/26
Amir Havasi, Business & Markets Desk:
ESCO signed a contract with the IRIR back in late October to produce 40,000 tons of U33 rail tracks, 10,000 of which were to be delivered by the end of the current Iranian year (March 2017)
News ID: 680 Publish Date : 2016/11/09
Hundreds of rescuers on Tuesday were struggling to find 18 coal miners still trapped a day after a gas explosion killed 15 of their colleagues in western China .
News ID: 668 Publish Date : 2016/11/05
ESCO’s new rolling stock plants for rail and heavy sections and a new project named after Shahid Kazemi are the main plans scheduled to raise capacity to 5 million tons of crude steel by the end of 2017
News ID: 655 Publish Date : 2016/10/29
Iran is expected to export close to 15 million tons of iron ore by the end of the current fiscal year (started March 20), the head of Iranian Iron Ore Producers and Exporters Association said.
News ID: 638 Publish Date : 2016/10/20
Pursuing full quality in stainless steels at YXSS, China with Danieli HiGrind technology.
News ID: 616 Publish Date : 2016/10/11
Expanded portfolio of quality products and higher production capacity
News ID: 615 Publish Date : 2016/10/11
Bankrupt Molycorp (OTCMKTS:MCPIQ) has been offered a vital loan to keep its Mountain Pass mine under care and maintenance.
News ID: 587 Publish Date : 2016/09/04