Baosteel, the listed arm of China's top steel maker, and the fifth largest steel maker in the world, made a net profit of Yn4.27bn in 2002, 67 per cent more than in 2001. The improvement... Read more
Non-ferrous metals are essential to China's continued economic growth. However, with supplies running low, an inefficient industry is turning to imports rather than investing to bolster... Read more
Shanghai-based Baoshan Iron & Steel said it plans to invest Yn12bn on new production lines. Half of the amount will be spent on equipment to produce cold-rolled coil, used for car panel... Read more
Industrial production rose 14.9 per cent in December compared with the same month in 2001, the highest growth rate in seven years. Bloomberg attributed the surge to high levels of government... Read more
China's magnetic effect on global steel markets could cause worldwide problems if the question of overproduction is not addressed As China goes back to work after the Chinese New Year ho... Read more
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