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Iron ore imports into China experienced a notable downturn in May, falling short of market forecasts with a 4.9% decrease ...
China's steel mills are looking to depend less on the world's big iron-ore producers. For Kunming Iron & Steel Group Co., a medium-size firm in China's southwest Yunnan province, that means ...
BEIJING (Reuters) - Steel mills in China are spending big on equipment that shreds cars and other junk metal for use as raw material, as government demands to make smoke-stack industries cleaner ...
But that’s quickly changing: As demand slows and China attempts to curb pollution, a massive recession is hitting its steel country. Mill closures are hitting the province of Hebei—which ...
SHANGHAI (Reuters) - China's top steel making province will ban the reopening of steel mills that had been previously ordered to shut down, the official Xinhua News Agency reported on Tuesday ...
New rules aimed at making China's sprawling steel sector greener will do little to tackle rampant overcapacity or help Beijing protect its big state-owned mills from smaller, nimbler rivals.
THESE are not the best of times to be one of China's massive, state-owned steel mills. The domestic economy is slowing, competition is increasing, and there is widespread disgust and impatience with ...
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