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China insight

Foreign trade of China's northernmost province up 30.7% in H1

In the first half, Heilongjiang's imports rose 35.3 percent year-on-year to 99.26 billion yuan, while its exports grew 14.1 percent to 22.95 billion yuan, data from Harbin Customs shows.

Wednesday, July 20, 2022

Yuan more popular in iron ore trade

In April 2020, BHP agreed to a 100 million yuan ($14.6 million) sale with Chinese steel giant Baosteel and pledged to continue sales in yuan.

Wednesday, July 20, 2022

Central SOEs to step up effective integration

Optimizing resource allocation move to help address homogeneous competition

Wednesday, July 20, 2022

Central SOEs seen coasting on fine H1

Having registered stable growth in both revenue and profit in the first half of the year, China's central State-owned enterprises are expected to do an encore in the second half.

Wednesday, July 20, 2022

BHP ups iron-ore expectations, laments coal royalties

Diversified miner BHP has reported increased production across its portfolio of commodities during the June quarter, but has also taken a swipe at the Queensland government over the introduction of new coal royalties, saying it would impact future investment d...

Tuesday, July 19, 2022

IMIDRO confirms to continue 12 half-finished mining projects

IMIDRO confirms to continue 12 half-finished mining projects

Tuesday, July 19, 2022

TNG’s Mount Peake attracts further interest for financing

TNG’s Mount Peake attracts further interest for financing

Tuesday, July 19, 2022

South Africa imported record volumes of steel in 2021, new report shows

At close to 1.7-million tonnes, South Africa imported record volumes of primary steel in 2021, constituting about one-third of all steel used in the country, a new Steel Report published by the South African Iron and Steel Institute (SAISI) confirms.

Monday, July 18, 2022