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China's Removal of Steel Export Rebate to Reduce Shipments

China ended an export-tax rebate on steel alloys that contain boron as of January 1, according to a ministry of finance statement. The nation's foreign steel sales would fall by 20 to 30 per cent in the first quarter from the previous three months because of t...

Tuesday, January 6, 2015

Non-fossil Energy Rises in the Mix-China

Non-fossil fuels accounted for 11.1 percent of China's primary energy use in 2014, up from 9.8 percent last year, as the world's second-largest economy

Tuesday, December 30, 2014

Merger of Energy Firms Will Help Clear Beijing's Skies

The government said on Monday that it had merged Beijing Energy Investment Holding Co and Jingmei Group into a new 200 billion yuan ($32 billion)

Tuesday, December 30, 2014

Falling Coal Prices Cast Shadow over Producing Regions

Nonperforming loan ratios have surged in regions that rely heavily on coal, whose prices are sinking as the economy slows, according to media reports and industry sources.

Friday, December 26, 2014

China ahead of Schedule with 2014 Energy Targets

China is doing well of energy-saving targets this year since the government introduced tougher regulations after falling behind in the 2011-2013 period,

Friday, December 26, 2014

US to Levy Punitive Duties on China's Steel Wire Rod

The International Trade Commission (ITC) of the United States ruled on Monday that an American industry is materially injured by reason of imports of carbon and certain alloy steel wire rod from China, paving the way for the US government to levy punitive duti...

Wednesday, December 17, 2014

Turkey's Crude Steel Output Drops in Nov 2014

According to statistics released by the Turkish Iron and Steel Producers' Association (TCUD), the country’s crude steel output totaled 2.8 million tons in November, decreasing by 8.6% year on year and up by 3% from a month ago.

Wednesday, December 17, 2014

Illegal Collieries Closed on Qinghai-Tibet Plateau

China has closed 200 illegal coal mines this year to protect the eco-system of the northwestern Qinghai-Tibet Plateau.

Thursday, December 11, 2014