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Amanda Zhang

14Feb

Jiugang turns 2015 loss into 2016 profit

Northwestern China’s Jiuquan Iron & Steel Group (Jiugang) has turned a CNY 9 billion ($1.31 billion) …

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14Feb

Jiangsu announces 2017 target for steel capacity cuts

Jiangsu aims to eliminate 6.5 million tonnes/year of steel capacity this year, according to the provincial …

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14Feb

Chinese automobile production dips in January

Chinese automobile output dipped in January under the influence of a reduction in a car sales …

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13Feb

China restricts steel industry IPO and financing

China has again stressed that it is restricting steel companies from Initial Public Offerings (IPO) and …

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13Feb

Chinese rebar hits $500/t on optimism and pollution

Chinese steel futures soared on Monday after steel prices showed strong signs of increase in northern …

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13Feb

Western China to invest CNY 1 trillion on transport infrastructure

In 2017 mid-western China’s transportation construction investment will reach about CNY 1 trillion ($145.35 billion), according …

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13Feb

Chinese mills retain or increase longs prices

The price gap between northern and eastern Chinese rebar mills is narrowing after major producers released …

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13Feb

Hanggang records $193m profit in 2016

Hangzhou Iron & Steel Group (Hanggang) earned CNY 1.33 billion ($192.88 million) in profit in 2016, …

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10Feb

Anyang halts its losing streak, makes 2016 profit

In 2016 Anyang Iron & Steel Group produced 10.66 million tonnes of iron and 10.48mt of …

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10Feb

China further reduces mining resources tax

China has been pushing mining tax reforms, mainly benefiting miners of tailings and miners which agree …

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