China's steel mills are sounding the alarm over crisis conditions in the industry as margins plunge due to weak demand. The starkest warning yet has come from Hunan Valin Iron Steel Group ...
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As China's construction boom slows, steel mills across the country are scrambling to find ways to bolster profits, and one has hit on an unusual strategy: raising pigs. The FT reports.
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China's 10 largest steel mills controlled percent of the country's total capacity at the end of last year, well below a 60 percent target set by the government, Tang Fuping, the chairman of ...
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China's Contemporary Amperex Technology Co Ltd (CATL), the world's largest battery maker, will buy a 25% stake in CMOC Group (previously known ad China Molybdenum), in the latest move by a ...
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China will remove the export tax rebate for some steel products from May 1, the Ministry of Finance said on Wednesday April 28. Steel products with HS codes will be affected, which includes hotrolled coil, rebar, wire rod, hot rolled and coldrolled sheet, plate, H beams and stainless steel, the ministry Best Classic Pepper Mill: Cole Mason Ardingly Wood Pepper Grinder.
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Biblioteca personaleThe outside of one of Didi's buildings on Oct 30, 2019 in Beijing. (Image credit: TechNode/Coco Gao) China's July crackdown on Didi has had knockon effects for the wider ridehailing market, as investors scurry to fund competitors cranking up efforts to steal market share from the ridehailing monopoly.
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India currently has some battery assembly plants but no cell manufacturers. EVs account for about 5% of China's annual car sales, according to BloombergNEF, compared to less than 1% in India ...
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The sun sets over the Posco steel mill in Pohang, South Korea, on July 17, 2018. The city is increasingly seen as the country's new capital for the electric vehicle battery industry.
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UPDATE 1China steel jumps on tighter supply, coking coal rallies 7 pct. By Manolo Serapio Jr. 3 Min Read ...
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One steel mill source based in East Asia said there is still hope the ChinaAustralia relationship can improve. After US Presidentelect Joe Biden's inauguration on January 20 next year, the United States is likely to show some goodwill gestures to China and Australia may follow suit, the mill source said.
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Several Chinese steel mills have received instructions to cap this year's output at the same level as 2022, five people familiar with the matter and analyst reports said on Tuesday, potentially ...
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China's steel producers are eager to unleash their mills' capacity when this winter's output curbs end next month, hoping for a repeat of last year's record profits based on high margins and less ...
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