China insight
Shagang Group: 83.16% - 174.74% pre growth in net profit in Q1, 2021
On March 25, Shagang Group announced the performance forecast for the first quarter of 2021. |
Shougang Group: 406% - 457% increase in net profit in Q1, 2021
On April 6, Shougang Group issued the performance forecast for the first quarter of 2021. |
Ansteel Group: net profit in Q1, 2021 expects 1.35 billion yuan
On March 30, Ansteel Group issued the performance forecast for the first quarter of 2021. |
Algerian, Chinese companies sign MoU to exploit iron ore
A consortium of three Chinese companies signed a memorandum of understanding with Algerian National Iron and Steel Company on exploiting iron ore Tuesday in Algiers. |
BHP eyes strong commodity sales in nation
Mining giant BHP Group anticipates more growth opportunities in China thanks to the country's high-quality urbanization, a top company official said. |
Chinese steel mills turn less active in exports on higher domestic prices
Chinese steelmakers were not keen to chase export business last week, due to hot domestic sales and the uncertainties still hanging about whether the steel export tax rebates would be cut, industry sources said. |
China Taiyuan coal transaction price index up 0.40 pct
With more than 10,000 registered coal traders, the CTCTC is the largest coal trading center in China. |
China's tech firms ramp up green push to combat high levels of power use
Even a small improvement in energy usage efficiency within the internet infrastructure will make a big difference, Wang said. |
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