China insight
Saudi Aramco, Baosteel, PIF sign agreement on new steel plate manufacturing complex
The complex is expected to advance the regional steel industry ecosystem with an estimated annual production capacity of up to 1.5 million tons. |
Implats says metal output “at lower end” as loses refining capacity to Eskom curtailments
IMPALA Platinum (Implats) said refined platinum group metal (PGM) production would come in at the lower end of its three to 3.15 million ounce forecast for the 2023 financial year ended June 30 largely owing to power interruptions. |
India's Britannia Industries Q4 profit tops view on strong demand
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Indian bread and biscuits maker Britannia Industries Ltd on Friday reported a bigger-than-expected 47% jump in quarterly profit as strong demand and past price hikes helped expand margins. |
Wyloo extends offer period of Mincor takeover
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Mining exploration company Wyloo Metals has extended the offer period for its on-market takeover bid for all of nickel producer Mincor Resources' shares. |
China speeds up digital, green transformation in coal industry
Thanks to the digitization of the coal industry, miners no longer need to enter the deep mineshafts via walking or riding an outdated small train. |
Higher CPI, lower PPI require nuanced understanding
From the perspective of policy measures, the immediate task is to boost confidence of market entities rather than implement a strong stimulus. |
China's industrial capacity utilization rate at 74.3% in Q1
The figure dropped by 1.4 percentage points from the previous quarter, according to the National Bureau of Statistics. |
Q1 coal import surge unlikely to continue
Renewable energy use, low season, curbs on inflows, green drive factors. |
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