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. |
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. |
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. |
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. |
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. |
Australia will restart Dolphin tungsten mine to challenge China’s tungsten position
According to the China Tungsten Industry Association, China’s tungsten concentrate production in 2018 was 64,882 tons (tungsten metal), accounting for 76.2% of the world’s tungsten concentrate production. |
The profit of Jianlong Group is 6.35 billion yuan in 2020
Recently, Jianlong Group held the 2020 annual summary recognition conference. At the meeting, Zhang Zhixiang, chairman and president of Jianlong Group, announced: In 2020, Jianlong Group’s production and operation performance steadily increased. Jianlong Grou... |
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