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Shanghai Daily,上海日报
Latest news:


Steel and iron ore futures prices rally

China’s steel and iron ore futures prices have rebounded since the start of the year following a pickup in demand to coincide with rising domestic industrial production and infrastructure spending. The ...

March 15, 2017, Wednesday

EU’s duties on steel products questioned

CHINA questions the anti-dumping survey methods and decision of the European Union, which announced exorbitant tariffs on steel products from China, a commerce official said yesterday. The European Commission, ...

March 10, 2017, Friday

China’s excavator sales nearly quadruple

SALES of excavators in China nearly quadrupled in February from a year ago to notch the highest monthly growth. A total of 14,530 excavators were sold domestically last month, a surge of 297.65 percent ...

March 7, 2017, Tuesday

Drilling rig JVs to tap potential

Atlas Copco yesterday opened two joint ventures with Chinese drilling equipment maker Hongwuhuan Group to produce and sell drilling rigs in China, the Swedish industrial company said. One of the joint ...

March 3, 2017, Friday

Baoshan Iron rises

SHANGHAI-LISTED Baoshan Iron and Steel Co surged 7.5 percent yesterday following a one-month trading halt after its parent company Baosteel merged with smaller debt-laden rival Wuhan Steel, creating China’s ...

February 28, 2017, Tuesday

S. Korea court declares Hanjin Shipping bankrupt

THE axe finally fell on South Korea’s once-mighty Hanjin Shipping yesterday as a Seoul court declared it bankrupt after struggling for years under the weight of billions of dollars worth of debt. Hanjin ...

February 18, 2017, Saturday

Machinery sector set to expand slower in 2017

China’s machinery industry is likely to see stable but slower growth in 2017 due to weak demand amid downward economic pressure, an industry group forecast yesterday....

February 15, 2017, Wednesday

Output of crude steel records slight rise

CHINA’S crude steel output rose slightly last year, according to the country’s top economic planner yesterday. Crude steel production rose 1.2 percent year on year to 808.37 million tons in 2016, compared ...

February 14, 2017, Tuesday

China’s steel sector returns to the black

CHINA’S steel sector swung back into the black last year as capacity reduction pushed up steel prices, the top economic planner said yesterday. The profits of 373 steel companies are expected at 35 billion ...

January 26, 2017, Thursday

Worldwide crude steel production climbs

Global crude steel output rose by 0.8 percent last year, industry data showed yesterday, as mills in top producer China churned out more metal to meet higher demand even as Beijing cracked down on excess ...

January 26, 2017, Thursday


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