Sinosteel Group Corp Ltd, or Sinosteel, has been integrated into Shanghai-headquartered China Baowu Steel Group.

The restructuring of Sinosteel Group Corp Ltd, or Sinosteel, will further improve the structure of China's steel industry and bring stability to the commodity's prices in the years ahead, market observers said on Wednesday.

After the process is completed, Beijing-based Sinosteel will become a wholly owned subsidiary of China Baowu.

Brazil is expected to see a drop in both exports and imports next year due to the weakness of the global economy.

What looked like it was going to be a good year for the Peruvian mining sector – high commodity prices, economic recovery, and strong demand for copper – will end up being one of zero growth and an uncertain outlook for the coming years.

Mexican steel consumption grew 9.1% in November year-on-year but fell 1.9% in the January-November period, mainly due to the construction sector's weak performance.

Thai Nov exports drop 6.0% y/y, more than forecast

CHINA COMMERCE MINISTRY SAYS WILL PROVIDE MORE CONVENIENCE FOR FOREIGN BUSINESS PEOPLE TO CONDUCT BUSINESSES IN CHINA