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Steel projects continue to face a lack of iron ore as well as coal

This new piece of information was obtained when, Rakesh Singh, the Union Steel Secretary, and GC Pati, the Chief Secretay, meet up, when the Union Steel Secretary, arrived to take the stock of steel left. The Steel secretary, Rakesh Singh, ...

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India may provide up to $1 bln loan for Adani Australia coal mine

Adani Enterprises won support on Monday from the Indian government and an Australian state to help it build a $7 billion coal mine, rail and port project, defying a slump in coal prices to 5-1/2 year lows that has stalled ...

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China to scrap tariffs on Australian coal imports

The Chinese government has decided to scrap tariffs on Australian coal imports announced earlier this month once ongoing negotiations on a free trade agreement (FTA) between the two nations is finalized. “The news is very surprising because just like the ...

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Inner Mongolia’s Holingola to Install 5 Mln-Tpy of Aluminum Capacity, 4 Mln-Tpy of Aluminum Processing Capacity by 2017

Inner Mongolia’s Holingola City is expected to install 5 million-tpy ofaluminum capacity and 4 million-tpy of aluminum processing capacity by 2017 to capitalize on rich coal resources there, local media reported on October 11.    Besides, 100 million-tpy of coal capacity ...

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China’s economy declines as the steel industry hangs on

The falling of profit margins as well as the increase of the large steel sectors on the handouts has been a severe blow towards the, Chinese steel sector. This blow is being shared with the coal, cement and aluminum sectors of China, ...

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