As part of a working visit to the Karaganda region, the Minister of Energy of the Republic of Kazakhstan Bolat Akchulakov visited CHPP-2 of the...
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Coal production in China increased by 11% in January-August
In the first eight months, metallurgical coke production in China amounted to 318.22 million tons, which is 1.1% less than in the same period last...
China production cuts in winter will give limited boost to steel markets - Platts
The cuts to be implemented in the fourth quarter are unlikely to lead to large-scale cuts in steel production in China....
Islamabad receives $1.5 billion investment proposal for PSMC privatization
Inflation and declining foreign exchange reserves have brought Pakistan to the brink of economic collapse. The country's debt has risen to an...
Battery output in China rose significantly in August
Battery battery sales in China also doubled compared to August 2021 to 666,600 units, setting a new record....
Chinese scientists discover previously unknown mineral in lunar soil samples
The new mineral, dubbed the "Chang'e Stone", was the sixth new mineral discovered by mankind in the history of lunar exploration....
Nippon Steel raises steel prices to a record high for deliveries to Toyota plants
The automaker is Japan's largest steel buyer and its steel purchase prices are the benchmark for contracts in industries ranging from shipbuilding to...
China's Hainan Province to ban internal combustion engines by 2030
By 2025, state and municipal transport will be converted to new energy sources, and by 2030, all vehicles in the province....
Export of scrap metal from Japan in January-July decreased by 25.4%
During this period, South Korea was the largest importer of Japanese scrap, importing 1.89 million tons, up 8.3% year on year....
India is building a hydropower center with a capacity of 6,000 MW of electricity per year
Once the new energy projects come online, Jammu and Kashmir's demand for electricity will be greatly improved and the surplus energy will be exported....
Chinese Steel Sector Turned Into Profit and Ready for New Growth
Steel mill profitability, which was negative in July, is back in positive territory as S&P Global Commodity Insights reported Chinese steel...
Profit growth in Chinese automotive industry hits 80% in July
The profit growth in the automotive sector was made possible by the recovery of production and supply chains, as well as Beijing's policies to...
Ministry of Commerce: China will take necessary measures to protect the legitimate rights and interests of Chinese firms and institutions
China strongly opposes the actions of the United States, and calls on the United States to immediately stop their misguided practices....
Major mining company BHP is optimistic about China's economy
The world's second-largest economy will be a source of stability in the coming year and "maybe something much more" if real estate activity...
POSCO Expands Collaboration with Global Iron Ore Supplier Vale on Mild Steel Raw Materials
The South Korean steel giant is strengthening cooperative relationships with global raw material suppliers to strengthen its global competitiveness...
ArcelorMittal Temirtau signed a Memorandum to ensure industrial safety
The management of ArcelorMittal Temirtau and the Ministry of Emergency Situations of the Republic of Kazakhstan signed a Memorandum on mutual...
Elon Musk's Shanghai factory produces first million Tesla electric vehicles
In the first half of this year, the Tesla gigafactory in Shanghai produced almost 300,000 electric vehicles with a 95% localization share of the...
India prepares to lift export duties on steel
Industry experts are urging the Indian government to remove the levy as soon as possible as it increases uncertainty in the export market. They argue...
China reduced steel exports in July by one million tons or 12%
In seven months of 2022, China exported 40.073 million tons of steel, which is 6.9% less than in the same period last year....
India launches carbon trading market
India plans to launch a carbon credit market for energy, steel and cement. The official announcement may take place on August 15, Independence Day....
Kazakh authorities introduce temporary ban on coal exports
The ban is introduced for six months during the peak period (from August 1) to eliminate the hype for providing coal to the population and energy...
India's JISPL extends blast furnace maintenance indefinitely
Indian metallurgists may have decided to cut steel production after domestic demand weakened and the government imposed export duties on the export...
Taiwan is preparing to repel the invasion of Russian steel in Asia
China Steel Corp. stated that it is closely following the offers of hot-rolled products from Russia and is ready to take steps "against unfair...
Japan's Nippon Steel starts buying gas at record high prices
A Japanese steel company has purchased its most expensive natural gas shipment in history as the growing global energy crisis creates new risks of...
Losses from steel production in China exceeded $100 per ton - S&P
According to S&P Global, the profit margin on sales of hot-rolled steel in the Chinese domestic market fell from minus $37 per ton to minus $102...
China's shipbuilding industry continues to lead the global market
The Chinese shipbuilding industry accounted for 50.8% of all new orders globally in the first half of 2022....
China's industrial output up 3.4% in first half
The mining sector saw the fastest growth in output, up 9.5% year-on-year in the first half of the year....
Steel production in China declines in July, but this does not affect the large supply surplus
As of July 10, stocks of finished steel at smelters controlled by the China Iron and Steel Association were up 28.4% year-on-year at 18.05 million...
June car sales in China up 24%
According to the China Association of Automobile Manufacturers (CAAM), a number of government measures and campaigns to increase car consumption have...
