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2015-05-05
Steel mills shift to exports as market sags
Steel mills shift to exports as market sags. First-quarter steel exports surged 40.7 percent to 25.78 million metric tons as mills responded to weak domestic demand and falling prices, the China Iron and Steel Association said on Wednesday.
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2015-05-04
China trainmakers seek control of Bombardier's rail unit
China trainmakers seek control of Bombardier's rail unit. China's top two trainmakers have been in discussions with Bombardier Inc about possibly buying a controlling stake in the Canadian company's railway unit, two sources with direct
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2015-05-03
China produces less steel in Q1
China produces less steel in Q1. BEIJING - China produced less steel in the first quarter of 2015 as demand shrank amid a slowing economy and government moves to overhaul the saturated sector, new data showed on Wednesday. ? Output of
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2015-05-02
China could pass US in electric-car market, expert says
China could pass US in electric-car market, expert says. China, the world's largest new-car market, is expected to surpass the United States to become the world's largest market for electric vehicles with its dramatically increased sales
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2015-05-01
Steel firm gets full control of African mine
Steel firm gets full control of African mine. State-owned Shandong Iron and Steel Group Co Ltd said on Monday that it has acquired the remaining 75 percent stake it does not own in a mining project in western Africa's Sierra Leone.
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2015-04-30
Infrastructure contractors find fertile fields in developing nations
Infrastructure contractors find fertile fields in developing nations. These companies are responding to "pull" and "push" factors in their quest for overseas assets. ? Long Guoqiang, deputy director at the Development Research Center of