China insight

Consumption to play bigger role in 2021

Fiscal spending likely to focus more on public services to improve livelihoods.

Tuesday, January 5, 2021

Dislocation in domestic, external recoveries

The purchasing managers' index of China's manufacturing industry was 51.9 percent in December.

Tuesday, January 5, 2021

Baowu Steel makes major announcement for Shanghai industrial park

The 10 projects involve total investment of about 13.56 billion yuan and will be developed into 513,000 square meters of gross floor space.

Tuesday, January 5, 2021

China to further cut crude steel output for carbon neutrality goal

China will resolutely cut the output of crude steel and ensure it falls year on year in 2021, a senior official said .

Tuesday, January 5, 2021

Marginal growth in steel use expected

China's consumption of steel products is expected to grow marginally next year.

Tuesday, January 5, 2021

Steel output of Chongqing Iron & Steel broke through 7 million tons

Chongqing Iron & Steel (Group)'s steel output broke through 7 million tons.

Tuesday, January 5, 2021

China's steel production and consumption hit a new high

According to data recently released by China Iron and Steel Industry Association, from January to November, China produced 961 million tons of crude steel, with a year-on-year increase of 5.50%; 813 million tons of pig iron, with a year-on-year increase of 4.1...

Monday, January 4, 2021

Baosteel's ironmaking plant of China Baowu Ma’anshan Iron and Steel Co., Ltd. accelerated its efforts to complete the annual hot metal production task ahead of schedule

As of December 29, China Baowu Masteel ironmaking plant has completed the production of 14505310 tons of hot metal and 14.4 million tons of annual production ahead of schedule.

Monday, January 4, 2021
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