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.

Thursday, May 4, 2023

China's coal output up 4.3% in March

China's raw coal output posted stable expansion in March, official data showed.

Thursday, May 4, 2023

Q1 coal import surge unlikely to continue

Renewable energy use, low season, curbs on inflows, green drive factors.

Thursday, May 4, 2023

Philippines' PGMC starts shipping nickel ore to China

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.

Friday, April 28, 2023

China's steel output up in Q1

China's steel sector saw output expansion in the first quarter of the year, industrial data showed.

Friday, April 28, 2023

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.

Friday, April 28, 2023

India's steel consumption grew by 11% year-on-year in FY 2023

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.

Thursday, April 27, 2023

Vale’s profit slumps well below forecasts

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.

Thursday, April 27, 2023
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