China slashes wholesale gas prices as it seeks to spur deman

China announced a near 25 percent cut in wholesale prices of natural gas from Friday, the second reduction this year, as it seeks to boost flagging growth in demand for the cleaner-burning fuel. Chinas energy giants have been forced to rese

2015-12-07 | 阅读更多 >

Iron and steel association rejects global blame for overcapa

The China Iron and Steel Industry Association has rejected international industry claims that a global glut in supplies is the direct result of robust growth in Chinese steel exports. Wang Liqun, the CISAs vice-chairman, said it strongly dis

2015-12-02 | 阅读更多 >

China's metal producers ask govt to buy up surplus

Chinas aluminum and nickel producers have asked the government to buy up surplus metal, sources said, the first coordinated effort since 2009 to revive prices suffering their worst rout since the global financial crisis. The State-controlle

2015-11-30 | 阅读更多 >

Massive gold deposit found in Shandong

Another enormous gold deposit was discovered in East Chinas Shandong Province, about two weeks after the discovery of Chinas first undersea gold mine in the same province. The newly discovered deposit contains 328 tons of gold and is locate

2015-11-26 | 阅读更多 >

China zinc smelters pledge 20 pct output cuts

Chinas major zinc smelters said on Friday they will slash output by 500,000 tonnes next year, almost a fifth of their output as the industry tries to boost prices languishing at six-year lows. A joint statement by ten of the worlds top zinc

2015-11-23 | 阅读更多 >