Iron ore & Steel
Ouyeel to allocate 28% of its equity2017-06-02
Online steel transaction platform Ouyeel Co Ltd-the business-to-business platform currently wholly owned by the country's biggest steel-maker China Baowu Steel Group-said it will raise 1 billion yuan ($147 million) by opening the subscriptions of its 28 percent equity to partners and employees.
Chinese exports have little impact on U.S. steel industry: ministry2017-05-26
The Ministry of Commerce (MOC) Thursday rejected U.S. claims that China is behind the global steel overcapacity, saying its exports have little impact on the U.S. steel industry.
China's steel plants face renewed stock pressure2017-05-03
Chinese steel plants are seeing growing output but falling orders, renewing concerns of excess inventories, an industrial index showed.
Steelmakers continue capacity cuts2017-04-27
China's steelmakers need to press ahead with capacity cutting and deleveraging, despite the sector's strong performance in the first quarter of the year, an expert said.
China crude steel output up 4.6% in Q12017-04-26
China's crude steel output grew 4.6 percent year-on-year to 201.1 million metric tons in the first quarter of 2017, compared with a slight drop for the same period of last year, an industry association said Wednesday.
China's steel industry urged to continue downsizing2017-04-25
A senior figure in the Chinese steel industry has called for further cuts to steel capacity, saying the sector remains saturated, despite increased profits and production of steel mills in the first quarter.
Two main tasks of the steel industry revealed2017-04-14
Experts have revealed the steel industry's biggest tasks for the year, so far, have been deleveraging and cutting overcapacity in the sector.
New fund to help recast steel sector2017-04-10
Four entities signed a framework agreement on Friday to establish China's first steel industry restructuring fund.
China's steel exports continue to slump in January2017-02-24
China's steel exports fell 23.2 percent year on year to 7.42 million tonnes in January as the number of trade barriers rose, official data showed Thursday.
China unwavering in steel capacity cut: official2017-02-20
China will be unwavering in its efforts to eliminate excess steel production capacity this year, an official said Friday.
Nation to curb fast growing steel prices2017-02-17
The Chinese government is encouraging steel companies to sign long-term contracts with coal and downstream steel consuming companies while improving their product quality.
China crude steel output rises slightly in 20162017-02-14
China's crude steel output rose slightly last year, according to the country's top economic planner on Monday.
China's steel sector back in the black2017-01-26
China's steel sector swung back into the black last year as capacity reduction pushed up steel prices, the top economic planner said on Wednesday.
China's major steel city allocates funds to slash production2017-01-25
China's major steel making city of Tangshan will continue to channel funding this year to help reduce excess steel and iron production, authorities said.
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