Industry News

1. 2013-08-12

   Datong coal exports will resume after one year break April 11 from Datong Inspection and Quarantine Bureau was informed that the regional coal exports will resume after one year interruption. Datong Inspection and Quarantine Bureau Chenzheng Hu said Datong coal is mainly thermal coal exports to resume that the international market demand started to recover. Interrupted the officer of coal exports is largely attributable to a period of downturn in the international market demand, and imported coal prices decline, affecting the export of coal.

2. 2013-08-08

   A quarter of total imports and exports 6.12 trillion up by 13.4% Which exports 3.2 trillion yuan (equivalent to $ 508.87 billion), up 18.4 percent; imports of 2.9 trillion yuan (equivalent to $ 465.8 billion), an increase of 8.4%; trade surplus of 270.5 billion yuan (equivalent to 43.07 billion U.S. dollars), while last year Chinas trade surplus of only $ 210 million.

3. 2013-08-02

   Bayannur efforts to fight non-ferrous metals and silicon industry This year, Urad Rear Banner will follow the traditional industry into new emerging industrial scale, the development of pillar industries in the direction of diversification, full of energy, resources and location advantages, further development and growth characteristics of industries, to create new energy, coal chemical industry, nonferrous metals metals and silicon industry, building materials industry.

4. 2013-07-31

   2012 China Heavy Machinery Industry Development Overview By the effects of changes in the international economic environment, Chinas heavy industry usher in rapid development period, its industry growth rate has slowed since the beginning of 2012, showing a growth trend of decline, the main metallurgical and mining machinery industry, material handling equipment industries, mining machinery industry and other growth also affected.

5. 2013-07-19

   Coal: industry downturn is the "shuffle" opportunity The first half of 2013 has turned a page, but the continuous decline in the price of coal has not stopped the decline, the latest one Bohai thermal coal price to close at 592 yuan / ton, the price has dropped back five years ago. Currently, the northern port 5500 kcal heat thermal coal listing price is only 580 yuan / ton, compared with the beginning of this year has dropped by 50 yuan / ton, while far below last years lowest point of 620 yuan / ton.

6. 2013-06-25

   Oversupply of iron ore into steel industry platform for the development of March 25, the National Development and Reform Commission published the iron ore supply and demand analysis of economic operation, said the next three years, the global iron ore production will add about 300 million tons, also predicted this year will increase 50 million tons of iron ore demand . Guo Kai believes that even in the future iron ore supply will be in a situation of oversupply, but the future does not appear steel product prices lower.

7. 2013-06-24

   Datong coal exports will resume after one year break April 11 from Datong Inspection and Quarantine Bureau was informed that the regional coal exports will resume after one year interruption. Datong Inspection and Quarantine Bureau Chenzheng Hu said Datong coal is mainly thermal coal exports to resume that the international market demand started to recover. Interrupted the officer of coal exports is largely attributable to a period of downturn in the international market demand, and imported coal prices decline, affecting the export of coal.

8. 2013-06-21

   Recently, the domestic coking coal market demand growth will slow or To cut costs, mining giant Rio Tinto will include many non-core businesses for sale list, including Rio Tinto in Australia coking coal firm Coal & Allied holds an 80% interest. This means that, in addition to Canadas diamond business and Pacific aluminum smelting business, the coal business in Australia is likely to be thrown to the Rio Tinto after another burden.