China insight
China's industrial capacity utilization rate at 74.3% in Q1
The figure dropped by 1.4 percentage points from the previous quarter, according to the National Bureau of Statistics. |
China's coal output up 4.3% in March
China's raw coal output posted stable expansion in March, official data showed. |
Q1 coal import surge unlikely to continue
Renewable energy use, low season, curbs on inflows, green drive factors. |
Philippines' PGMC starts shipping nickel ore to China
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Philippine nickel ore producer Global Ferronickel's (FNI) subsidiary Platinum Group Metals (PGMC) has shipped to China its first batch of nickel ore for this year's mining season. |
China's steel output up in Q1
China's steel sector saw output expansion in the first quarter of the year, industrial data showed. |
China marks major milestone in silicon steel
The institute has developed the 0.08mm ultra-thin grain-oriented silicon steel strip and iron core in collaboration with several other companies and institutes including China Iron & Steel Research Institute Group. |
India's steel consumption grew by 11% year-on-year in FY 2023
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MoS (Steel) Faggan Singh Kulaste said that the demand for steel in India continues to be robust as compared to other countries. India's Steel consumption has grown over 11% to 119 million tonnes in FY 2023 from 105 million tonnes in FY 2022. |
Vale’s profit slumps well below forecasts
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Brazil’s Vale, one of the world’s largest miners, reported a first quarter net profit down 59% from a year earlier, far below analyst expectations, as profits were dragged down by weaker sales and lower iron ore prices. |
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