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750 news items from China. Show all
Fujian Kebao Metal Products Co., Ltd., a subsidiary of Fujian Sanbao Group, has awarded SMS contracts for two tinplate continuous annealing lines (TIN CALs). This move supports Sanbao Group's expansion into the…
China's Ansteel Group has signed a Memorandum of Understanding (MoU) with German equipment supplier SMS Group, reaffirming their commitment to advancing "dual-carbon" initiatives focused on achieving carbon peak and…
Iron ore futures rallied on Monday during pre-holiday trading, supported by firm near-term demand ahead of China's week-long Chinese New Year holiday (January 28-February 4), with trading set to resume on February 5…
Dalian iron ore futures rose on Friday, supported by stable steel production levels and improved sentiment surrounding U.S.-China trade relations. Daily crude steel output from member mills of the China Iron and Steel…
Primetals Technologies has secured an order to modernize Baosteel's Pickling Line and Tandem Cold Mill (PLTCM) at its Baoshan plant in Shanghai, China. The project includes upgrading electrics and automation systems…
Iron ore futures rose on Thursday as Beijing's latest support measures provided a lift to sentiment. However, weak market fundamentals capped the gains. China's financial regulators announced plans to channel hundreds…
Profits in China's steel industry were halved in 2024 due to weak demand, prompting the China Iron and Steel Association (CISA) to urge producers to limit overproduction and avoid price wars, according to a report. Key…
Iron ore futures fell on Wednesday as a cautious sentiment gripped the market ahead of the holidays. The decline was fueled by comments from former U.S. President Donald Trump about potentially imposing a 10pct tariff…
Dalian iron ore futures continued to rise on Tuesday, driven by improving fundamentals that boosted market sentiment, despite ongoing concerns about demand. The iron ore market received support from rising steel…
The proportion of steel used in China's manufacturing sector rose to 50pct in 2024, up from 42pct in 2020, according to Yao Lin, head of the China Iron and Steel Association (CISA). This increase is driven by strong…
Iron ore futures edged higher on Monday as a drop in weekly shipments from major miners to China supported positive sentiment. However, long-term uncertainties limited the gains. According to SMM shipping data, global…
Iron ore futures prices rose on Friday, driven by a batch of improved economic indicators that boosted market sentiment. China's December economic data significantly outperformed analysts' expectations, with Q4 GDP…
HBIS Xuanhua Iron and Steel Group, in collaboration with Primetals Technologies, has successfully started up a slab caster with an annual capacity of 1.5 mln tons at its low-carbon-emission production facility in…
Iron ore futures surged on Thursday as market fundamentals strengthened, driven by reports of recovering steel production and reduced shipments from a major miner. China's crude steel output, among the member mills of…
Iron ore futures posted gains on Wednesday, driven by improved macroeconomic fundamentals. Chinese banks extended 990 bln yuan (USD 135 bln) in new loans last month, up from 580 bln yuan in November 2024, positively…
Iron ore futures extended their gains on Tuesday, bolstered by expectations of additional stimulus from Beijing. China plans to introduce various measures to counter the effects of anticipated U.S. tariffs and a…
Chinese steel producer, Shougang Jingtang United Iron & Steel has successfully trialed the production of 0.7 mm ultra-thin HRC at its QSP-DUE plant in the Caofeidian industrial area, Tangshan City, Hebei Province. This…
Iron ore futures rose on Monday, driven by expectations of additional stimulus from Beijing, though concerns about demand persist. The central bank chief of China expressed confidence in the country's ability to support…
China's steel exports reached a nine-year high in 2024, totaling 110.7 mln tons, up 22.7pct from 2023, according to data from the General Administration of Customs. This marks the highest level since 2015, when exports…
Chinas iron ore imports reached a record high in 2024 for the second consecutive year, according to customs data. The country imported approximately 1.24 bln tons last year, marking a 4.9pct increase from the 1.18 bln…
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