China insight
Emissions trading system gets new rules
A total of 2,225 power firms across the country assigned with carbon dioxide emission caps can now trade their emission quotas via the system whereby firms that exceed their caps can purchase unused quotas from those with low emissions. |
Shanxi's economy due to continuing supply-side reforms, report
Provincial congress hails success in poverty alleviation, plans economic transformation. |
M&As surge on SOE push after COVID recovery
PwC report says pandemic's waning boosts new development paradigm, corporate deals. |
Shipping containers stranded in America and Europe frustrate Chinese exporters
Chinese exporters suffer from extreme shortage and rising costs of shipping containers, which strand in America and Europe due to the COVID-19 pandemic. |
Iron ore price fell at lower demand
In addition, high profits have greatly stimulated the capacity expansion of overseas mines, and the supply of iron ore continues to increase. |
Low-carbon & green strategy will be biggest challenge of the steel industry in 2021
Low-carbon & green strategy will become the biggest challenge affecting the survival and development of the iron and steel industry. |
Chongqing Iron and Steel strides to over 10 million tons scale
Chongqing Iron and Steel's striding forward to a scale of over 10 million tons. |
Steel joint venture announces expansion for new coating line
The Chinese automotive market is growing rapidly, with customers' expectations increasing as they seek suppliers which can support their transition to low-emissions vehicles, said Lakshmi Mittal, chairman and CEO of ArcelorMittal. |
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