US-based Caterpillar announced that it established a leasing company in China. The leasing company is 75% owned by Caterpillar Financial Services Corp, with the remaining 25% held by Caterpi... Read more
Baosteel signed a supply agreement with mining company Rio Tinto that will provide the Shanghai-based steelmaker with 7 million tons of Australian iron ore over the next 10 years. The contra... Read more
A US commission gave preliminary approval to antidumping duties on magnesium metal imports from China and Russia. The US International Trade Commission voted unanimously that cheap imports f... Read more
First quarter steel prices in China increased 39.9% year-on-year, spurred by rising domestic demand and increasing prices of raw materials and energy, according to China's Ministry of Co... Read more
China's first quarter industrial output grew 17.7% over the same period the previous year, according to government statistics. Industrial output in March grew 19.4% year-on-year, a slowd... Read more
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