China insight
Gas and coal both required to stymie energy crunch, says Australia's King
Newly appointed Resources Minister Madeleine King is looking at Australian gas producers to increase supply to domestic markets, but has also noted that coal-fired power stations would be essential to combat Australia’s energy crunch in the short term. |
Average daily output of crude steel of key steel enterprises rebounded in late May, CISA
In late May 2022, key iron and steel enterprises produced 25.5119 million tons of crude steel, 22.5128 million tons of pig iron and 24.9286 million tons of steel. |
Top steel-producing companies 2021
Below is a ranking of the 50 top steel-producing companies. This list is updated in early June every year. An extended listing of top steel producers 2020/2021 is available from the PDF under the table. |
Fidelity loans, IMF windfall to give Zim mines a big lift
The government has laid out a multi-pronged approach to help Zimbabwe’s mines scale up production as industry executives indicated that the scale of capital required to bolster operations was too huge for domestic lenders. |
China Energy boosts investment in European green power market
So far it has invested in the green and clean wind power industry in Greece, which is an active participant in the Belt and Road Initiative. |
China's rail-freight volume refreshes single-month record in May
Among the cargo was 5.02 million tons of grain and fertilizers, a 28.2-percent increase year-on-year, the data shows. |
Xinjiang plans over $134b fixed-asset investment in 2022
The regional authorities have rolled out a guideline to encourage investment in large wind and solar power bases in Xinjiang's vast expanse of deserts. |
Means of production prices fall in China in late May
The reading, released every 10 days, is based on a survey of nearly 2,000 wholesalers and distributors in 31 provincial-level regions. |
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