The acquisition will give TSL access to NINL's 1.1 million tonnes per annum (MTPA) of long-steel producing capacity, 100 million tonnes of …

Professor Hans Hendrischke, Professor of Chinese Business and Management at the University of Sydney believes a trade split from China is not in the interests of either country. "China and Australia are economically mutually dependent. China needs iron ore and food from Australia for recovery and rebuilding.

The Australian Treasurer, Josh Frydenberg MP, spoke recently about the Australia-China trade war and how Australia exports, such as beef, barley and wine, which targeted by Chinese anti-dumping probes and subjected to high tariffs (some of which has been contested by Australia at the WTO) have found new markets outside of China. Here are the highlights …

Australia is all talk - the country is basically a vassal state to China at this point. The Australian economy is reliant on selling China iron ore, and Chinese own the Port of Darwin and around 10 mil hectares of farmland. Chinese interests also control Australian universities - the Australian education system is a joke, simply selling residency.

We offer the most comprehensive reports of Chinese Metals Market. SMM has more than 50 professional industry analysts in copper, aluminum, lead, zinc, nickel, tin and minor metals, and are committed to providing in-depth, professional, as well as timely reports and research. Besides, over 80 steel professionals engaged in China's steel industry.

THE revival of Eastern Steel Sdn Bhd's steel slab plant in Kemaman, Terengganu, last year could be an indication that the local iron and steel …

Foreign investment is important for Australia In a global context, Australia is a trade-exposed, capital importing country with a long history of welcoming foreign investment. We have a large land mass, with a relatively small but highly urbanised population and are resource rich; this invites investment to enable us to harness these resources.

BHP finished Wednesday at $55, down 16% so far in September; Rio Tinto ended at $66.59, off 11% this month, and Vale ended at $14.86, down 21% in September. All three stocks were indicated to open ...

THE revival of Eastern Steel Sdn Bhd's steel slab plant in Kemaman, Terengganu, last year could be an indication that the local iron and steel industry — which had been hit by an influx of cheap imports from China in recent years — …

A rally in iron ore prices is unlikely to continue as several Chinese regulators step in to curb what they see as excessive speculation and curb steel production, the Securities Daily said citing industry experts. The Dalian Commodities Exchange last week released a notice to raise transaction fees,...

Chinese buyers shun Australian property, look to Serbia. When Chinese property selling platform ACProperty.com.au co-founder Esther Yong first started advertising residential property to Chinese ...

From China to Malaysia, sea shipping time, in general, is estimated at around 8 to 16 days from port to port. Time delivery to West Malaysia by courier service is around 15 business days, and to East Malaysia, it is around 15 to 18 business days. DFH is one of the biggest providers of sea freight services from China to anywhere in Malaysia.

Introducing Hedging Model International iron ore market mechanism changes frequently, then market price mechanism fluctuate accordingly. In order to ensure the fundamental interests of our clients and reduce risks or lock in marginal profits, the Group introduced financial derivatives professionals to perfect the hedging model, and established an internal relatively independent …

China was the world's largest exporter of iron and steel in 2019. The volume of China's 2019 exports was almost double that of the world's second-largest exporter, Russia, and roughly 2.5 ...

China matters for Naspers. Tencent accounts for over 100% of its current share price. Naspers matters for the average South African fund. After years of consistent outperformance, Naspers sharply underperformed the market from mid-2020 as Tencent fell from HK$766 to HK$457. China also matters for commodity prices, specifically iron ore.

China's newly imposed tax on $22 billion worth of annual imports of three fuels will have a wide-ranging impact on the global oil industry …

It was apparent that unabated Chinese appetite for iron ore and coking coal on the back of 7% rise in crude steel production (China produced 904.2 MT of crude steel during January to November 2019 ...

Iron ore. Iron ore prices (62%, CFR, Argus) have been very strong, ranging between $150/dmt and $236/dmt over the second half of financial year 2021, averaging around $183/dmt. The high for the period ($236/dmt, reached on May 12) is also the all–time record.

Exports are dominated by two countries, imports by three. And everything revolves around China. By MC01, a frequent commenter on WOLF STREET:. China's phenomenal and somewhat worrying rise as the top steel …

Iron Ore Leads Industrial Metals Higher as China Pledges Support. (Bloomberg) -- Iron ore led gains among industrial metals as China vows to use more monetary policy tools to spur the economy, brightening the outlook for raw materials demand. Futures in Singapore climbed over 3% to more than $130 a ton, while base metals including nickel ...

And if Chinese people stopped buying Australian beef, as Cheng suggested, our agricultural sector would struggle as well — 25% of Australia's agricultural exports, worth $11.8 billion, go to ...

Key points: • Global exports of iron and steel amounted to 541,429,984 metric tons in 2019. It was 553,802,285 metric tons in 2016 which represents a contraction by 2.23%. • Top exporters ...

As for corporate earnings in the third quarter of 2020, it is interesting to note that companies such as Leon Fuat Bhd and Mycron Steel Bhd have posted y-o …

China has a seemingly endless hunger for iron ore but the country's relationship with one of its primary providers, Australia, has been tenuous following the political fallout of the Covid-19 pandemic. We take a look at how China has been investing in other nations to meet this hunger and how it may affect the wider iron ore market.

Quarter-End Insights Basic Materials: Iron Prices Swoon on Weaker China--Copper Is Next The Chinese fixed-asset problem plaguing iron ore and soon copper will not be solved by cutting interest rates.

Steel Industry ETF: A sector exchange-traded fund that invests only in companies that manufacture and market steel. The steel industry is very cyclical, as demand surges during economic boom times ...