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About 40% coal producers in Inner Mongolia are in the red

Reportedly, 38% coal producers incur losses in Inner Mongolia under weakening demand and severe overcapacity and they will tackle the difficult situation by curbing coal making capacity and

12-8-2015 10:35:41

Low crude price will continue in 2016

Since July 2014, crude price has gone through a nosedive from over $100/bbl to $40-60/bbl for recent months. Such distinctive slump was attributed to multiple reasons.

12-7-2015 17:52:39

High international LPG price pushes up China`s market

In early November, China witnessed growth in LPG market against the high international LPG prices. Yet, as crude oil price continued going low, international LPG market cooled down, then LPG

12-7-2015 14:21:03

Shandong to close all small coal mines before year-end

The National Energy Administration and the State Administration of Coal Mine Safety ordered Shandong province to shut down 35 coal mines and upgrade 21 ones in March this year.

12-4-2015 16:32:18

NBS: coal prices on the fall in late November

According to the National Bureau of Statistics of China (NBS), prices for almost all coal varieties saw a decline in late November, with anthracite and coking coal prices registering the sha

12-4-2015 15:39:30

CISA member steelmakers' main businesses lost a huge CNY72 bln in Jan-Oct

According to the China Iron and Steel Association (CISA), medium and large-sized steelmakers posted a profit of minus CNY12.516 billion in October, down by 25% on a monthly basis.

12-4-2015 14:42:35

Baosteel Zhanjiang Steel Base’s 2,250mm hot rolling mill put into production

On November 29th, Baosteel Zhanjiang Steel Base’s 2,250mm hot rolling mill was put into production after a successful trial run.

12-4-2015 13:39:34

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