The accidenthappened at around 8 pm Beijing time and was triggered by a 2.3 magnitudeearthquake which trapped the 19 miners, the release noted, saying that tencould be rescued but nine miners died.Though emergencyrescue work was completed Mo...
“Shagang’sdecisionis within market expectations, given the decline in deliveries of steel scrap to its works,”a Shanghai-based market watcher said. “But despite Shagang’s increase in its procurement price, it’s hard to see the su...
Among the total FAI, that from the state-owned enterprises grew faster by 6.9% on year, though the privately-owned enterprises remained the core contributor, providing about Yuan 18trillion or 60.3% of the total, or up 5.7% on year for H1.Am...
China's fixed asset investment in general grew 5.6% on year to Yuan 21.76trillion ($3.15trillion) for January-Mayand the funding into the property market went up 11.2% on year to Yuan 4.6trillion during the period. A detailed story will be p...
Only days earlier on Wednesday, the contract had refreshed its five-and-half-year high of Yuan 911.5/dmt but market jitters on Thursday led the contract to lose Yuan 40.5/dmt from Wednesday to the end of the daytime session at Yuan 868/dmt....
Thus, the average industrial capacity utilization rate in all industries nationwide stood at 76.2% in the first half year, sliding by only 0.5% on year.Among all industries the NBS tracks, the average capacity utilization rate in the mining...
China's crude steel output grew 10.2% on year to nearly 405 million tonnes over January-May, with the May volume up 10% year on year to about 89 million tonnes. A detailed report will be posted soon....
China's iron ore imports fell by 5.9% on year to 499 million tonnes over January-June. A detailed story will be posted soon....
In June, China’s crude steel output maintained a fastgrowth, jumping by 10% on year to 87.53 million tonnes, and the daily outputrefreshed the record high, hitting 2.92 million tonnes/day, according to NBS’sdata published on July 15. Th...
The yearly growth of private-sector FAI during January-May also edged down by 0.2 percentage point from the first four months to 5.3% and totaled Yuan 13.08 trillion, according to NBS. However, private investment still accounted for a domina...
