China's steel production grew at its slowest rate in more than three decades in 2014 as a cooling economy in the world's largest producer curbed demand and the government moved to tackle overcapacity and pollution.
Australian stocks traded sideways today as better than expected Chinese economic data offset ongoing weakness in energy and mining stocks with the All Ords dipping 2.2 points to 5286.8.
Shareholders have approved the sale of Europe's largest supplier of solar panels, Norway-based REC Solar, to a subsidiary of solar maker China National Bluestar, Norway's Elkem Group, for NOK4340 million ($694 million).
The South Korean Ministry of Trade, Industry and Energy (MOTIE) has said that it will invest a total of 81.8 billion won ($75 million) in titanium for the next seven years.
The silicon metal market price in China hit the bottom after dropping by CNY50 per ton after the turn of the year, rebounded by the same amount and now stabilized while remaining flat.
In 2014, faced with the complicated and volatile international environment and the heavy tasks to maintain the domestic development, reform and stability, the Central Party Committee and the State Council have adhered to the general tone of “moving forward wh...