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Starting August 1, China will remove export tax rebates on 23 steel products including carbon and alloy steel cold-rolled coils (CRCs), galvanized, galvalume, coated sheets, tinplate, electrical steel, steel rail, and seamless pipes for the oil and gas industry, according to the joint announcement by China's Ministry of Finance (MoF) and State Taxation Administration.
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Starting August 1, China will raise the export tax on high-purity pig iron to 20% from the exsiting 15%, and that on ferrochrome (FeCr) to 40% from 20%, according to the latest amnnouncement by the country's Minstry of Finance.
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Starting August 1, China will remove export tax rebates on 23 steel products including carbon and alloy steel cold-rolled coils, galvanized, galvalume, coated sheets, tinplates, electrical steel, steel rail, and seamless pipes for the oil and gas industry, according to the joint announcement by China's Ministry of Finance and State
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China’s power supply has been under serious test since the start of 2021, firstly in winter because of the extremely cold weather in some regions together with the surging power consumption in many industrial sectors as a result of heavy government spending and fixed asset investments to cushion the domestic economy from the blow of the COVID-19.
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China's raw coal output grew by 6.4% on year to 1.95 billion tonnes over January-June, among which the volume for June fell 5% on year to 323.2 million tonnes, as for coke, the output for the first half of 2021 approximated 237.1 million tonnes, or up 4.1% on year, while
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China's crude steel output grew 11.8% on year to 563.3 million tonnes for the first half of 2021, among which the output for June increased by 1.5% on year to 93.88 million tonnes, according to the release by the National Bureau of Statistics on July 15. A detailed report will
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Over January-June, China's fixed asset investment (FAI) grew 12.6% on year to Yuan 25.6 trillion, among which that in the property market grew 15% on year to Yuan 7.2 trillion, according to the release by the country's National Bureau of Statistics on July 15. A detailed report will be posted
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China's gross domestic product (GDP) grew 12.7% on year for the first half of 2021, approximating Yuan 53.2 trillion ($8.23 trillion), and for the second quarter of 2021, the GDP grew 7.9% on year, according to release by the country's National Bureau of Statistics (NBS) on July 15. A detailed
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For the first half of 2021, China’s foreign trade value increased 27.1% on year to Yuan 18.07 trillion ($2.79 trillion), among which exports surged 28.1% on year to Yuan 9.85 trillion and imports up 25.9% on year, according to the data released by the country’s General Administration of Customs (GACC) on July 13, with the first two easing but just marginally from the growths over January-May.
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Over Janaury-June, China'scoal and lignite imports totalled 139.6 million tonnes, or down 19.7% on year, according to the release by the country's General Adminstration of Customs on July 13. A detailed report will be posted.
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Over January-June, China's finished steel exports grew 30.2% on year to 37.4 million tonnes, while imports were almost flat on year, up merely 0.1% on year to 7.35 million tonnes, according to the release by the country's General Administration of Customs on July 13. A detailed report will be
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Over January-June, China's iron ore imports grew 2.6% on year to 561 million tonnes, while the unit price soared 67.3% on year to Yuan 1,075.8/tonne ($166.4/t),Li Kuiwen, spokesperson of the country's General Administration of Customs, shared at the press conference on July 13. A detailed report will be posted.
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China's pig iron output grew 5.4% on year over January-May to 379.9 million tonnes, among which the output for May eased 0.2% on year to 78.2 million tonnes, according to the release by the country's National Bureau of Statistics on the afternoon of June 16. A detailed story will be
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China's crude steel output over January-May totalled 473.1 million tonnes, or up 13.9% on year, and the volume for May grew 6.6% on year to 99.5 million tonnes, and its finished steel output gained 16.8% on year to a total of 576.6 million tonnes in the first five months of
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Over January-May, China’s total output of raw coal for all use rose 8.8% on year to 1.62 billion tonnes with the volume for May up0.6% on year to 326.3 million tonnes,and its coke output grew 5.9% on year to 198.2 million tonnes with the volume for May up0.3% on year
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China's fixed assest investment grew 15.4% on year to Yuan 19.4 trillion ($3.03 trillion), among which, the funding in the property market amounted to Yuan 5.4 trillion, or up 18.3% on year, according to the latest release from the country's National Bureau of Statistics on the afternoon of June 16.
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Over January-May, China's foreign trade value grew by 28.2% on year to Yuan14.76 trillion ($2.3 trillion), among which, exports value gained 30.1% on year to about Yuan 8 trillion, and imports grew 25.9% on year to 6.7 trillion, according to the latest release by the country's General Administration of Customs.
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Over January-May, China's coal and lignite imports went down 25.2% on year to about 111.2 million tonnes, with the volume for May at about 21 million tonnes, according to the latest release by the country's General Administration of Customs. A detailed report will be posted.
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China's iron ore imported over January-May approximated 471.8 million tonnes, or up 6% on year, according to the latest release by the country's General Administration of Customs. A detailed report will be posted.
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China's finished steel exports approximated 30.9 million tonnes over January-May, or up 23.7% on year, and its finished steel imports gained 11.6% on year during the period to about 6.1 million tonnes, according to the latest release by the country's General Administration of Customs. A detailed report will be
