China insight
Steel and cement don't reflect China's growth story any more
China's investment in the secondary industry grew by 16.1 percent year-on-year in the first quarter of this year, significantly higher than the 6.8 percent investment growth in the primary industry and 6.4 percent investment growth in the tertiary industry. |
ArcelorMittal expects global steel consumption to shrink this year
Steel company ArcelorMittal said recently that it expected global steel consumption to shrink this year. |
China export 4.977 million tons of steel in April 2022, up 37.6%
China exported 4.977 million tons of steel in April 2022, an increase of 32000 tons over the previous month, a year-on-year decrease of 37.6%. |
Tianjin ups efforts to rehabilitate coal mines
Jizhou district in northern Tianjin launched a coal mine rehabilitation project recently, covering an area of 220,000 square meters. |
World Coal Association favours just energy transition to net zero future
CAPE TOWN (miningweekly.com) – The World Coal Association, and its member companies, are in favour of a just transition to a net-zero future, World Coal Association chairperson July Ndlovu said on Thursday. |
Canada nickel bid is 'tip of iceberg' of BHP growth ambition
BHP Group’s unsuccessful attempt to buy a junior Canadian nickel miner last year should be seen as “almost the tip of the iceberg” for its ambitions in the resource-rich country, says one of the company’s top executives. |
Global scramble for metals thrusts Africa into mining spotlight
The need to secure new sources of metals for the energy transition amid sanctions on top producer Russia has increased the Africa risk appetite for major miners, who have few alternatives to the resource-rich continent. |
China iron ore futures tumble 6% as COVID curbs fan demand woes
China iron ore futures tumble 6% as COVID curbs fan demand woes |
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