R/€ = 14.72 Change: 0.00
R/$ = 11.98 Change: 0.00
Au 1314.11 $/oz Change: -3.86
Pt 948.00 $/oz Change: -8.60


China steel hub orders new output cuts in push for blue sky

By: Bloomberg     14th March 2018 China’s top steel-making city is imposing further production cuts beyond the winter heating season as the nation presses ahead with a campaign for cleaner skies that has rattled steel and iron-ore markets. Tangshan City, the country’s steel-producing hub, has ordered a two-tier system of... 

China's Hebei aims to cut iron, steel making capacity by 20Mt in 2018

By: Reuters     8th March 2018 China's top steelmaking province of Hebei will aim to slash iron and steel making production capacity by more than 10-million tonnes each and shut down all "zombie" mills this year, the province's vice governor said on Thursday. Yuan Tongli, speaking on the sidelines of China's parliament, said... 

Langfang gas combined-cycle power plant, China

By: Sheila Barradas     16th February 2018 China's State Power Investment Corporation is building an 800 MW combined-cycle power plant in the Anci Economic Development Zone of Langfang City, in Hebei province. 

Laoting steel plant, China

By: Sheila Barradas     9th February 2018 HBIS Laoting Steel Co is building a new production facility for high-quality steels. 

Aspire granted mining lease at Nuurstei

By: Esmarie Swanepoel     9th October 2017 Coal junior Aspire Mining has been granted a mining lease for its Nuurstei coking coal project, in Mongolia. The mining licence from the Mineral Resources Authority of Mongolia provides the ASX-listed company with a minimum 30-year tenure over the licenced area, and will result in Aspire issue... 

Iron-ore’s rapid surge prompts Macquarie to sound the alarm

By: Bloomberg     13th July 2016 iron-ore’s rally to a two-month high just prompted Macquarie Group Ltd. to sound the alarm as the bank says gains may be well beyond fundamentals, with abundant supply from miners, inventories stacking up at China’s ports and steel production set to contract. While speculation about stimulus in... 

China’s environmental policy will not curb iron-ore demand – analyst

By: Esmarie Swanepoel     28th March 2014 China’s drive to clean up its steel industry’s environmental act was expected to have little impact on iron-ore demand in the short term, advisory firm Wood Mackenzie said on Friday. While China has instituted a number of emergency measures on regional steelmakers, with mills in Tangshan ordered... 

Iron-ore drops to one-month trough on slow Chinese demand

By: Reuters     1st March 2013 SINGAPORE– Spot iron-ore prices fell to one-month lows and were headed for a second straight week of losses, as buying interest from top importer China thinned amid high stockpiles of steel products, reflecting slow demand. Shanghai steel rebar futures dropped 1.8% on Friday as investors sold off... 

Iron-ore seen in tight ranges amid lean Chinese demand

By: Reuters     21st January 2013 Spot iron-ore prices may be headed for more weakness this week amid lean demand from top buyer China, although expectations of tight supplies during the first quarter should keep losses in check.  


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