China insight
Domestic industry taking big green strides
Efforts will be made to strictly control new production capacity in heavy and chemical industries, and cut crude steel output to ensure it falls year after year, Xiao said. |
Tianjin Port posts surge in iron ore imports in 2020
The port on the coast of the Bohai Sea is a pivotal shipping outlet for the Beijing-Tianjin-Hebei region. |
China's new five-year blueprint paves way for 2060 carbon-neutrality
To facilitate the green upgrade of various sectors, more green finance stimulus packages are expected. |
China's daily output of crude steel jumps 24.38% in mid-February
Major steel producers churned out 22.82 million tons of crude steel in mid-February. |
Qingshan Group built another 1-million-ton ferrochrome project abroad except for Indonesia
Qingshan Group signed a $1 billion (S $1347 million) framework agreement with Zimbabwe in June 2018 to build a steel plant with an annual capacity of 2 million tons, Reuters reported. |
It is estimated that the global seaborne trade volume in 2021 will exceed that in 2019
Recently, Clarkson research services said that although major uncertainties still exist, it is expected that the global seaborne trade volume in 2021 will return to and exceed the level of 2019. |
Qingshan holding, a leading stainless steel company, will build a new steel plant in Africa
The world's top 500 company, Castle Peak Holdings Group, plans to build a new steel plant in Zimbabwe, Africa. The project is scheduled to start in May this year. |
"Double-control" is only the first measure, and the next step "carbon peak, carbon neutralization" will affect stainless steel
In recent years, the price fluctuation of stainless steel spot market is extremely fierce, and the market trend is a topic closely concerned by the two session. |
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