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2018 11-08
Iron and steel sector gains strength

Employees perform smelting operations at a steel plant in Maanshan, Anhui province. [Photo by Zhang Mingwei/For China Daily]   China's iron and steel industry made a strong comeback in the first three quarters of 2018 as the market stabilized and compan...

2018 08-13
Steel sector makes headway in capacity reduction

China's steel sector made considerable progress in the reduction and elimination of excess industrial capacity during the first six months of the year, while its ongoing efforts to curb pollution continued to bear fruit, experts said. During the first six mon...

2018 06-27
Steel tariffs hit largest US nail manufacturer

It's the largest nail manufacturer in the United States, and unless it gets a reprieve from the Trump administration's 25 percent tariff on steel imports, company executives say it will go out of business or move to Mexico. Mid Continent Nail Corp in Poplar B...

2018 05-24
China's steel prices recover on rising demand

BEIJING - Steel prices in China are showing signs of recovering as market demand picked up in April, but continued excessive supply in the industry will keep a lid on price rises in the long run, the latest data from an industry association showed. The steel ...

2018 05-24
China's steel prices recover on rising demand

BEIJING - Steel prices in China are showing signs of recovering as market demand picked up in April, but continued excessive supply in the industry will keep a lid on price rises in the long run, the latest data from an industry association showed. The steel ...

2018 05-18
New freight train links East China's Zibo, Moscow

JINAN - A new China-Europe freight train connecting Zibo city in East China's Shandong province with Moscow was launched Thursday. The 49-carriage train, loaded with mechanical equipment, towels and red apples, will leave China through Manzhouli land port i...

2018 04-26
World's largest cable structure exhibition venue to debut

The world's largest exhibition venue built as a cable structure will host its first exposition on Thursday in Shijiazhuang, North China's Hebei province. The Shijiazhuang International Exhibition Center, located in Zhengding New Area, has seven exhibition h...

2018 04-09
Railway upgrading project further boosts China-Malaysia ties: Malaysian PM

SEGAMAT, Malaysia - A railway upgrading project undertaken by Chinese companies in southern Malaysia will further boost ties between the two countries, Malaysian Prime Minister Najib Razak said here Tuesday. The Gemas to Johor Bahru electric double-tracking r...

2018 03-29
Skyscraper set to become China's tallest begins construction

A record for the highest building in China is expected to be set as a skyscraper broke ground Monday in Shenzhen, Guangdong. As planned, the height of the new building will be up to 700 meters. The tallest building in China now is the 632-meter-high Shanghai ...

2018 03-23
China implements $10b worth of infrastructure projects in Bangladesh, says ambassador

DHAKA - China has begun implementing $10 billion worth of infrastructure projects in Bangladesh, said Chinese Ambassador to Bangladesh Zhang Zuo here on Wednesday at his first press conference since taking office. "Under the joint efforts of the two gove...

2018 03-15
Chinese steel makers post fat profits amid capacity cuts

BEIJING - China's listed iron and steel producers have posted strong profits for 2017 as the country's production capacity cuts reduced outdated supply and led to rising steel prices. In an annual report filed with the Shanghai Stock Exchange Monday, Xinjiang...

2018 03-09
Overcapacity campaign faces its toughest challenge this year

China's effort to cut overcapacity in steel and coal is expected to face its most difficult challenge this year, although the target may look small compared with the previous two years, analysts said. The newly announced Chinese government report said that in...

2018 02-27
China's scrap steel exports soar in 2017

BEIJING - China's scrap steel exports soared in 2017 as domestic demand was dampened, according to data from an industry association. The country exported 2.2 million tonnes of scrap steel last year, compared with just around 1,000 tonnes in 2016, according t...

2018 02-02
EU Imposes Anti-dumping Duties on Iron Castings from China

BRUSSELS - The European Commission has set definitive anti-dumping duties on iron castings imported from China, in a latest trade measure against the country.   The duties range from 15.5 percent to 38.1 percent on the imports, which are a family of pro...

2018 01-26
The Year of the Great Turnaround

China's steel industry notched up a creditable achievement last year. It improved product quality, which helped increase prices and boosted companies' financial performance. All this was made possible by rigorous capacity cuts, in response to the government's ...

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