SINGAPORE/BEIJING China's crude oil imports from Malaysia stood near record levels in July, customs data showed, with traders and a tanker-tracking analyst citing oil either transshipped from Venezuela or blended with Venezuelan crude for the unusual growth.
SINGAPORE/BEIJING The government of the Chinese city of Tianjin, the only shareholder of bankrupt Bohai Steel Group Ltd, is demanding that Bohai's creditors and strategic investor implement a bankruptcy restructuring plan by the end of September, two creditor sources with direct knowledge of the matter said.
BEIJING/SINGAPORE China's demand for iron ore pellets and high-quality ore is expected to accelerate in 2020 as a result of Beijing's push to shift dozens of steel mills to coastal regions in its battle to stop smog blanketing industrial cities.
BEIJING/SINGAPORE China's July crude oil throughput rose 4% from a year earlier, official data showed on Wednesday, buoyed by improved refinery profit-margins and as new plants started production.
* July crude output +2.5% on-yr; Natgas +6.1% on-yr
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SHANGHAI/BEIJING Approvals for new coal mine construction in China have surged in 2019, government documents showed, with Beijing expecting consumption of the commodity to rise in the coming years even as it steps up its fight against smog and greenhouse gas emissions.
BEIJING/SHANGHAI Small steel mills in China are taking advantage of lax environmental enforcement to ramp up production ahead of bigger rivals, industry and government officials said, jeopardizing anti-smog targets and defying industry consolidation.
BEIJING/SHANGHAI, July 26 Small steel mills in
China are taking advantage of lax environmental enforcement to
ramp up production ahead of bigger rivals, industry and
government officials said, jeopardising anti-smog targets and
defying industry consolidation.
BEIJING China's daily crude steel output rose to record levels in June, according to Reuters calculations, even as anti-pollution production curbs pushed whole-month production slightly lower, official data showed on Monday.
* Zhejiang Petrochemical plant started trial runs at same