Relevant News

Chinese Power Generation Groups Are Not Positive on Direct Power Purchase

National Development and Reform Commission (NDRC) convened Chinese power generation enterprises recently and held a symposium to solicit opinions on power system reform. Direct power purchase mode was discussed on the symposium.

Wednesday, June 18, 2014

China's Power Consumption Rises 5.2% in Jan-May

China's power consumption rose 5.2 percent in the first five months from a year earlier, official data showed on Saturday.

Tuesday, June 24, 2014

NDRC Would Promote Direct Electricity Purchase from Power Generators-China

National Development and Reform Commission (NDRC) held a meeting on China’s power supply in summer recently. It was agreed on the meeting that overall power supply was loose this summer but it was tight in some areas.

Thursday, June 12, 2014

South Korea Steelmakers File AD petition Against Chinese H-beams

It's reported that Hyundai Steel and Dongkuk Steel in South Korean have submitted an anti-dumping petition on May 30 against Chinese H-beam, claiming they are selling to Korea at a price of 20% lower than in China.

Thursday, June 12, 2014

JSW Steel to acquire Welspun Maxsteel

India's JSW Steel has announced to acquire Welspun Maxsteel for about US$185.6 million.

Wednesday, June 11, 2014

Tata Steel, NSSMC’s joint venture mill starts to run

It is reported that Tata Steel and Nippon Steel & Sumitomo Metal Corp (NSSMC)’s joint venture mill in India have started commercial production.

Wednesday, June 11, 2014

Bank of China Goes Tough on Iron Ore Credits

Bank of China- the largest provider of import credits for iron ore in the country has issued fresh set of guidelines, making life miserable for ore importers in the country. This follows the tough government regulations on imports of iron ore as collateral for...

Wednesday, June 11, 2014

China Steel, Iron Ore Futures Near Record Lows on Demand View

Chinese steel and iron ore futures fell on Tuesday to near the lowest levels for most-active contracts on worries over slow demand for steel in the world's top consumer that has prompted big producers to curb output.

Wednesday, June 11, 2014
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