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Chinese Government Approves Rare Earth Conglomerates

The government has approved two major rare earth producers to become conglomerates by the end of this year in order to further consolidate the rare resources, combat smuggling and alleviate overcapacity in production.

Wednesday, August 6, 2014

Worldsteel:World Crude Steel Production up by 3.1% Y-O-Y in Jun 2014

World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 137 million tonnes (Mt) in June 2014, an increase of 3.1% compared to June 2013.

Monday, August 4, 2014

2nd Batch of China Rare Earths Export Quotas for 2014 was 25500 mt

China’s announcement that rare earths export quotas for the second half of 2014 are the same as 2013, show the country’s reluctance to comply with WTO’s ruling. However, the moderate increase in quotas compared to H1 2014 suggests a slowly reviving demand i...

Friday, July 18, 2014

US Imposes Anti-dumping Duty on Taiwan's Oil Pipe Exporters

The International Trade Administration (ITA) of the U.S. Department of Commerce (DOC) said Jul 11th that it has issued a final decision to impose anti-dumping duties on oil pipe exporters from Taiwan and other countries in Asia, Europe and the Middle East.

Tuesday, July 15, 2014

China to Cancel Tariffs on some Imported Steel Products Used for Processing Trade

China will start levying tariffs on some imported steel products, which are re-exported after processing, from July 31 as part of efforts to tackle overcapacity in the country's bloated steel industry, the finance ministry said on Jul 11th.

Monday, July 14, 2014

ArcelorMittal considers to acquire Italian steelmaker Lucchini

It is reported that ArcelorMittal is mulling to make an offer for Italy's second largest steel producer Lucchini, according to Italian union CGIL FIOM.

Wednesday, July 9, 2014

Canada could Become REE Powerhouse

A report by Canada’s House of Commons Standing Committee on Natural Resources says testimony before the group stressed “Canada has an opportunity to turn its rare earth deposits into a competitive advantage, and at the same time, secure its own supply of thi...

Tuesday, July 1, 2014

Arrests at Malaysian Rare Earths Refinery Protests

An Australia-based environmental activist faces the possibility of a two-year prison sentence, in Malaysia, after being arrested while protesting against the world’s largest rare earth refinery.

Friday, June 27, 2014