Edition:
United States

Shivani Singh

Vale uses Dalian iron ore price to ink spot supply deal with China steelmaker

Nov 15 2019

* Spot deal to be settled on DCE iron ore prices, premium/discount

UPDATE 1-China Oct steel output hits 7-mth low on National Day, lower margins

Nov 13 2019

BEIJING, Nov 14 China's steel output fell to a seven-month low in October, official data showed on Thursday, as operations at mills were crimped by a week-long national holiday and shrinking profits.

China's Yantai LNG group aims to start up import terminal by 2022

Oct 16 2019

BEIJING China's Yantai LNG Group is aiming to start up a liquefied natural gas (LNG) import terminal by 2022 and expects government approval for it over the next few weeks, two sources familiar with the matter and a director with one of the partners said.

China's CNOOC to trial LNG delivery by rail: executive

Oct 15 2019

BEIJING China National Offshore Oil Corp (CNOOC) is working with a railway company to trial delivery of liquefied natural gas (LNG) by rail, a senior company executive said on Tuesday.

China's gas demand growth to slow to 10% this year, Sinopec official says

Oct 15 2019

BEIJING China's natural gas demand is expected to reach 307 billion cubic meters (bcm) this year, an increase of just 10% from 2018, an official of state-run Sinopec Gas Co said on Tuesday, as a slowing economy hits consumption.

Rio Tinto signs its first Renminbi portside trading contract

Oct 11 2019

BEIJING Rio Tinto, one of the world's top iron ore miners, signed its first spot trading contract denominated in Chinese Renminbi on Friday, in an effort to diversify procurement channels for Chinese customers.

CME's physical aluminum delivery gains traction in Asia warehouses

Oct 11 2019

BEIJING CME Group Inc's physical delivery of aluminum has gained traction since September after expanding its warehousing network beyond the United States into Europe and Asia, fueled by growing liquidity in Asian market, a company official said.

China's steel sector still battling rising illegal capacity

Sep 26 2019

QINGDAO, China Top global steelmaker China, despite years of trying to curb overcapacity in its steel sector, is still having trouble containing increasing illegal new capacity, a Ministry of Industry and Information Technology official said on Thursday.

China traders cut back Iran iron ore purchases ahead of tariff hike

Sep 21 2019

BEIJING China has taken fewer shipments of iron ore from Iran over August and September, according to Refinitiv Eikon data, as additional export tariffs due to be imposed by Tehran have dampened risk appetites in the world's biggest steelmaker.

China's top steelmaking city Tangshan tightens pollution controls

Sep 12 2019

BEIJING The Chinese city of Tangshan has ordered steel mills and other industrial companies to curb output or emissions for four days as the mid-autumn public holidays begin, according to two sources and a document seen by Reuters, continuing wider efforts to tackle air pollution.

World News