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Industry Trends

Russian miner Mechel inks coal supply agreement with China's Shasteel Group

Russian miner and steelmaker Mechel has signed a long-term coking coal supply agreement with East China steelmaker Shasteel Group with the price to be decided on a monthly basis, Mechel said in a stat...

Date: 2013-06-24

Taiwan's China Steel Corp to invest in Malaysia ferromanganese project

The board of Taiwan's China Steel Corp (CSC) has approved a $62.46 million investment for a 19% stake in Sakura Ferroalloys Sdn Bhd, a joint venture producing ferromanganese in Sarawak, Malaysia, CSC said Wednesday....

Date: 2013-06-24

Beijing to have more clean-energy taxis

Beijing plans to increase the number of taxis that run on natural gas from the current 99 to 2,000 by the end of July in a trial project to promote the use of clean energy in public transportation....

Date: 2013-06-24

Lafarge to invest further in China's cement market

Top global cement producer Lafarge said Wednesday that it will continue to invest in China, despite overcapacity issues that have plagued the cement industry for years....

Date: 2013-06-24

China, Mexico vow broad cooperation as Xi visits; no trade pact soon

China and Mexico promised broad cooperation on issues ranging from energy to mining and infrastructure during a state visit by Chinese President Xi Jinping on Tuesday, but any free-trade pact between ...

Date: 2013-06-24

Chile mine exports 300,000 mt thermal coal to India, eyes markets in Europe, Asia

Chile's newest and largest coal mine, Mina Invierno, which started production in January has to date exported a total 435,000 mt of thermal coal in five vessels, including two Capesize [around 300,000 mt] cargoes to India, said a spokesman for one of the...

Date: 2013-06-24

Gold recovers as Chinese buyers emerge, stocks slump

Gold recovered from a three-year trough on Friday as lower prices attracted Chinese buyers and as Asian stocks fell, but the metal was still headed for its worst week in nearly two years after the Fed...

Date: 2013-06-24

Details of China's import ban on low-CV thermal coal

The precise scope of China's proposed ban on the importation of lower calorific value thermal coal has become clearer after Platts was given sight of a copy of the relevant draft regulation and has be...

Date: 2013-06-03