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Finance & Economy

Aveng hopes to build on first positive earnings since 2014 as restructuring nears end

Infrastructure and contract mining group Aveng, which is at the tail-end of a far-reaching restructuring exercise that has been under way since 2017, has reported its first positive earnings since 2014, recording headline earnings of R109-million for the six m...

Wednesday, February 24, 2021

Mr. Gao Xiangming of TISCO: boost development confidence, accelerate integration, and strive to build the world's most competitive stainless steel whole industry chain enterprise

The world's most competitive stainless steel industry chain enterprises provide strong strategic support for China Baowu to create a world-class demonstration enterprise.

Tuesday, February 23, 2021

Release of monthly electricity consumption budget of high energy consuming enterprises in Ulanqab, Inner Mongolia in March 2021

On February 23, Ulanqab, Inner Mongolia, issued a letter on the estimated power consumption of high energy consuming enterprises in March 2021.

Tuesday, February 23, 2021

China Europe shipping costs soar!

In recent months, shipping costs from China to Europe have quadrupled due to tight shipping space.

Monday, February 22, 2021

Steel export tax rebate may be cut to 9% or cancelled

According to relevant reports, the Asian steel market has been talking about the possibility of China cutting the steel export tax rebate from the current 13% to 9%, or abolishing it altogether.

Monday, February 22, 2021

China's container ports are becoming more competitive

China's central position in Global trade has been further strengthened in 2020. Although the epidemic has more or less affected the supply chain, China's major container hub ports continue to achieve record volume growth.

Monday, February 22, 2021

China will no longer pay for Australian iron ore

In the future, China will definitely develop an iron ore area similar to Pilbara in Africa.

Saturday, February 20, 2021

EU ferrochrome hit a two-year high, still in an upward trend

Since the beginning of this year, the price of high carbon ferrochrome in Europe has risen steadily and has reached the highest level since November 2018.

Saturday, February 20, 2021
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