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Analysis on BR profits in the first quarter of 2016

Although domestic BR price saw a large growth in the first quarter of 2016, many plants still stood pressure from high cost and some plants had to face continuous losses.

3-30-2016 16:01:39

A sharp decline in iron ore prices reopen profit window for steelmakers

In the last few days, iron ore prices dropped sharply and steel prices stabilized, offering a rare chance for Chinese steelmakers to win profits.

3-30-2016 15:41:10

China MTBE imports fell amid weak demand in Feb

In February, the MTBE imports were slashed sharply against January, but the exports increased violently. MTBE imports settled down by 33.82% MoM to 15,700 mt, up by 127.27% YoY, and the expo

3-30-2016 15:36:04

Enn takes 11.7% stakes in Australian Santos for US$750 mln

Reportedly, Enn plans to purchase 11.7% stake in Australia’s Santos for $750 million (over CNY4.9 billion), becoming the latter’s largest shareholder.

3-30-2016 14:45:15

PE market gains double favorable news from RMB depreciation

Combined with the domestic supply and demand, the packaging film stepped into its peak seasons across the country despite the demand for agricultural film turning bleak.

3-30-2016 14:39:29

UBS: FMG able to get gearing below 40%

Fortescue Metals Group has the means and desire to get gearing below 40 per cent by June 30, 2019.

3-30-2016 13:47:11

China fuel oil imports declined sharply in February

The customs data showed, in February the import fuel oil of China settled down by 24.04% MoM to 1,022,300 mt, and the fuel oil exports was down by 13.90% MoM to 613,900 mt.

3-30-2016 11:50:21

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