China insight
China caps new steel capacity in key areas for air pollution control
The measures will go into effect on June 1, the ministry said. |
Conservation efforts transform Hebei's coal mining area into urban oasis
The change in the environment has also improved the quality of local people's lives. |
China adjusts tariffs on steel products
In 2020, crude steel output rose by 5.2 percent year on year to exceed 1.05 billion tonnes, according to the China Iron and Steel Association. |
China adjusts tariffs on steel products to push industrial upgrading
Export tariffs on ferrosilicon, ferrochrome, high-purity pig iron would be raised to 25 percent, 20 percent and 15 percent, respectively. |
China's manufacturing PMI edges down to 51.1 in April
A reading above 50 indicates expansion, while a reading below reflects contraction. |
PMI shows growth remains on right track
The PMI for China's non-manufacturing sector moderated to 54.9, down 1.4 percentage points from March. |
China must guard against risks of rising iron ore prices
China should guard against the rise in international iron ore prices, as it has the potential to erode its hard-won economic recovery. |
Steel companies post higher Q1 earnings
According to Luo, under the current pricing mechanism, iron ore prices are to a large extent determined by the producers rather than market forces. |
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