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Shanghai Daily,上海日报
Latest news:


Call against speculation hits prices

REBAR futures prices slumped for five days in a row amid the central government’s call to dampen speculation, and on the Shanghai Futures Exchange’s increasing its transaction fee. The most traded rebar ...

August 17, 2017, Thursday

Rolls-Royce powers back in H1

Rolls-Royce Trent XWB engines are shown on the assembly line at the Rolls-Royce factory in Derby, England. Rolls-Royce powered back into profit during the first half, propelled by strong deliveries for its Trent aircraft engines, lifting its share price almost 10 percent yesterday....

August 2, 2017, Wednesday

Copper prices soar

COPPER prices soared yesterday on news that China would ban imports of scrap metal by the end of 2018. The most traded copper contract for September delivery rose 3.75 percent to 50,050 yuan (US$ 7,411) ...

July 27, 2017, Thursday

France to nationalize shipyard if Italy refuses offer

FRANCE said yesterday it would nationalize the STX France shipyard if Italy does not accept its offer to split STX’s capital equally, putting down a marker on the limits of economic liberalism under new ...

July 27, 2017, Thursday

Dialog agrees steel glut a global issue

BOTH China and the United States recognized that steel overcapacity is a global issue that requires a global solution, a senior Chinese official said in Washington on Wednesday. At a press briefing after ...

July 21, 2017, Friday

Railway to cut travel time

A worker is seen in Qingyang Tunnel, a rail tunnel on the new high-speed railway to link Jinan and Qingdao in Shandong Province. The railway, when completed by next year, will cut travel time between the two cities to 1 hour from 2.5 hours now. ...

July 17, 2017, Monday

Top B2B steel trader raises US$72.5m

ZHAOGANG, China’s biggest B2B platform for steel trading, said yesterday it had raised 500 million yuan (US$72.5 million), with the Russia-China Investment Fund as one of the major investors. RCIF is ...

July 14, 2017, Friday

Steel overcapacity cut ahead of target

CHINA has fulfilled the year’s task of cutting steel capacity over the first six months, boosting the nation’s industrial upgrading, the state-asset regulator said yesterday. The nation has reduced steel ...

July 12, 2017, Wednesday

Steel prices gain in June, but supply clouds outlook

CHINA’S iron ore prices gained since late June boosted by supply-side reform and a fall in low-quality steel production, but analysts do not see larger gains soon as supply remains high after a surge ...

July 7, 2017, Friday

Italian firm UFI to open new plant in China

ITALIAN auto filter supplier UFI Group announced today that it will invest and open a new plant in China next year, as the company sees the rising demand of oil and water filters for the new-energy vehicles. “The ...

July 6, 2017, Thursday


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