Finance & Economy

Chinese firm plans iron-ore mine, steel plant in Zimbabwe

Tsingshan Holdings Group, the world’s top producer of nickel and stainless steel, will start construction on an iron ore mine and a carbon steel plant in Zimbabwe in May, according to a senior government official.

Monday, March 15, 2021

New report highlights decade of falling electricity production in South Africa

A new Council for Scientific and Industrial Research (CSIR) report offers a sobering picture of declining electricity system production and demand between 2010 and 2020 – a trend that was amplified further during Covid-hit 2020, when demand slumped by a sharp...

Monday, March 15, 2021

The Netherlands will shut down coal and power plants for hard nuclear claims, while China's carbon reduction industry presses the accelerator key

In December 2019, the Netherlands adopted the law to phase out coal power by 2030, which is part of the Dutch strategy to reduce greenhouse gas emissions from 1990 levels by 49 per cent by 2030.

Friday, March 12, 2021

Xie Shengrui's suggestion: reducing the tax burden of iron mining enterprises

At present, domestic mining enterprises have low grade of mineral products, heavy tax burden and lack of competitiveness.

Friday, March 12, 2021

India JSHL's stainless steel sales and profits will continue to grow from October to December 2020

According to a separate performance report issued by India's Jindal stainless steel (Hisar) Co., Ltd. (JSHL), in the first three quarters of the fiscal year 2020 / 2021 (April to December 2020), its stainless steel sales totaled 394157 tons, with a year-on-yea...

Friday, March 12, 2021

Port shipping line is strong, import and export are strong!

The port shipping sector was stronger on the 9th, affected by a series of positive factors, Xinhua reported. As of the close of the day, tonghuashun port shipping plate rose 2.12%.

Friday, March 12, 2021

Qingshan Group built another 1-million-ton ferrochrome project abroad except for Indonesia

Qingshan Group signed a $1 billion (S $1347 million) framework agreement with Zimbabwe in June 2018 to build a steel plant with an annual capacity of 2 million tons, Reuters reported.

Friday, March 12, 2021

At present, South Korean shipping enterprises have undertaken nearly half of the world's container ship orders

According to the data released by Clarkson, a British Shipbuilding and shipping dynamic analysis organization, on the 9th, the global new orders of container ships this year are 2446992 tons (66 vessels), of which the South Korean shipbuilding enterprises have...

Thursday, March 11, 2021
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