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The Decline of BDI Reflected Market Pessimism on China’s Economy

As China’s commodity import decreased, the Baltic Dry Index (BDI) decreased to about 900 point in late June 2014. It had dropped by about 60% within a year, the worst record same period in history.

Friday, July 4, 2014

Coal, Electricity Prices Expected to Rise in China

he prices for coal, electricity and other resources in China are expected to rise as a result of the upcoming reform of the resource tax, the finance ministry's head researcher said Thursday.

Friday, July 4, 2014

US Sets Preliminary Subsidy Rates on China's Steel Wire Rod

The US Commerce Department on Tuesday set preliminary subsidy rates on imported steel wire rod from China, signaling that it may impose punitive duties on the products.

Wednesday, July 2, 2014

Tata Steel to Raise Production Capacity by 60% to 16 MT in 5 years

Tata Steel to Raise Production Capacity by 60% to 16 MT in 5 years

Tuesday, July 1, 2014

Report Calls for Building Inland Nuclear Power Stations in China

China should vigorously develop nuclear energy and restart the plan to build nuclear power stations inland to reduce the nation's high energy consumption per unit of gross domestic product and clear smog and haze, said a report released on Thursday.

Tuesday, July 1, 2014

EU Launches Probe into Chinese Stainless Steel Products

The European Commission has launched an anti-dumping investigation against cold rolled stainless steel product imports from China, a move detrimental to Chinese exporters, experts said on Friday.

Tuesday, July 1, 2014

China Seeks Intl Cooperation on Mining

Chinese State Councilor Wang Yong said on Friday that the international mining industry should be more open and cooperate for win-win results.

Tuesday, July 1, 2014

Scotland Eyes Closer Energy Cooperation with China

Scottish First Minister Alex Salmond on Friday hailed strengthened cooperation in energy sectors between Scotland and the Chinese side.

Tuesday, July 1, 2014