China’s power consumption to grow by 6% YoY in 2024
January 31, 2024
Consumption of electricity for households and industries throughout China is expected to increase by 6% this year from last year
Tag: China
China’s steel PMI stays unchanged at 46 in Jan
January 31, 2024
The Purchasing Managers’ Index (PMI) for China’s steel industry remained unchanged on month at 46 in January,
China’s Implausible Steel Plunge Points to Oversupply Dilemma
January 30, 2024
Did China’s steel industry really get within a whisker of meeting Beijing’s production cap last year?
Chinese engineers build coke plant in Russia
January 29, 2024
A new, 75 billion-ruble (roughly $840 million) coking plant in the steel town is being built by a Chinese engineering company and workers
How will China’s Steel Market Perform in 2024?
January 27, 2024
Prices may not fluctuate too much ahead of the Lunar holidays but may trend down post-holidays, depending on raw material and demand trends.
Resilient Commodities Offer Stark Contrast to Chinese Stock Rout
January 25, 2024
The rout in Chinese equities isn’t showing up in industrial materials markets, another risk asset that often moves in tandem with stocks.
China’s Clean Energy Boom Drives 2023 Growth
January 25, 2024
In 2023, China’s clean energy sector significantly boosted its economy, contributing a record 11.4 trillion yuan ($1.6 trillion)
China orders curbs on debt spending but 2024 infrastructure steel demand seen steady
January 25, 2024
A recent central government directive issued to China’s 12 debt-ridden provinces and municipalities to downsize or halt some…
Blast furnace operating rates continue to increase
January 25, 2024
On January 24, the blast furnace operating rate was 88.40%, up by 0.29% WoW. The blast furnace capacity utilization rate was 89.44%
Demand for coking coal increasing in China
January 25, 2024
As the Spring Festival approaches, the safety situation in production areas remains strict, and coal mines have begun to arrange holidays…
China’s Met Coal Imports Surge to Record Highs, Fueled by Mongolia and Russia
January 24, 2024
China’s insatiable appetite for metallurgical coal (met coal) reached new heights in December 2023, fueled by a 77.3% year-on-year increase
Chinese Hydropower Down 5.6% in 2023
January 24, 2024
From January to December 2023, the national hydropower generation was 1,140.9 billion kilowatt-hours, a year-on-year decrease of 5.6%