China insight

China Steel Jinba chromium industry plans to restart the furnace and resume production

Zimasco is working on its West plant in kwekwe, Zimbabwe, to restart the furnace to resume production.

Thursday, March 18, 2021

Tsingshan built 700000 tons cold rolled stainless steel

According to the news, in the list of key projects in Putuo District of Zhoushan City, Zhejiang Province in 2021, the project of jinboyu Harbor Industrial Park to be invested and constructed by Zhejiang Tsingshan Digital Technology Co., Ltd. is included in the...

Thursday, March 18, 2021

China intends to reduce the export tax rebate rate to restrict the export of steel bars and hot rolled coils

Statistics show that in January and February, China's finished steel exports increased nearly 30% year on year. Due to rising demand, exports are expected to continue to grow in March and April.

Wednesday, March 17, 2021

Inner Mongolia Jingan invests more than 600 million yuan to build EAF steelmaking plant

Inner Mongolia (Naiman) Jingan nonferrous metal materials Co., Ltd. plans to invest 610.9834 million yuan in the construction of electric furnace steelmaking plant casting, machining and steel structure manufacturing project.

Wednesday, March 17, 2021

In 2020, global crude stainless steel production will drop by about 2.5% to 50.892 million tons

According to the statistics released by the international stainless steel Forum (ISSF) on March 15, the global crude stainless steel output in 2020 will total 50.892 million tons, down about 2.5% from 52.218 million tons in the previous year.

Wednesday, March 17, 2021

Foreign trade rises 32.2% in first 2 months

China's foreign trade soared by 32.2 percent on a yearly basis to 5.44 trillion yuan ($837.3 billion) in the first two months of the year.

Wednesday, March 17, 2021

China's Five-Year Plan: Implications on China-Philippine ties

In the last three years, according to China's Ministry of Commerce, project contracts signed by Chinese enterprises in the Philippines increased 28 percent annually.

Wednesday, March 17, 2021

Inner Mongolia to shut down cryptocurrency mining projects in April

North China's Inner Mongolia autonomous region will shut down existing cryptocurrency mining projects by April 2021 and not approve any new ones.

Wednesday, March 17, 2021
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