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Muyu Xu

China plans pilot nuclear reactor for heating in northeast

17 Jun 2019

BEIJING/SHANGHAI China plans to build a pilot small-scale nuclear reactor that could replace coal or gas to heat towns and cities in its colder northern regions, an official with the state-owned developer in charge of the project said on Monday.

Chinese steel mills chase low grade ore, discount at 2.5-year-low

12 Jun 2019

BEIJING Chinese steel mills facing a slump in profit margins are scrambling for lower grade iron ore to cut costs, squeezing supplies and halting a long-standing market trend toward higher grade ore.

Steely ambition: China's Baowu eyes moving blast furnaces to Cambodia

23 May 2019

BEIJING China's top steel maker Baowu Group is studying plans to relocate blast furnaces from remote Xinjiang to Cambodia in a bold example of China's heavy industry shifting excess capacity overseas, a source familiar with the firm's plans said.

UPDATE 1-Steely ambition: China's Baowu eyes moving blast furnaces to Cambodia

23 May 2019

* Other firms have targeted Indonesia and Thailand (Add comments from Cambodia Ministry of Commerce)

Steely ambition: China's Baowu eyes moving blast furnaces to Cambodia

22 May 2019

BEIJING China's top steel maker Baowu Group is studying plans to relocate blast furnaces from remote Xinjiang to Cambodia in a bold example of China's heavy industry shifting excess capacity overseas, a source familiar with the firm's plans said.

Steely ambition: China's Baowu eyes moving blast furnaces to Cambodia

22 May 2019

BEIJING, May 22 China's top steel maker Baowu Group is studying plans to relocate blast furnaces from remote Xinjiang to Cambodia in a bold example of China's heavy industry shifting excess capacity overseas, a source familiar with the firm's plans said.

Exclusive: Tanker unloads Iranian fuel oil at China port after near five-month trek - data

16 May 2019

SINGAPORE/BEIJING A tanker carrying Iranian fuel oil in violation of U.S. sanctions has unloaded the cargo into storage tanks near the Chinese city of Zhoushan, according to ship tracking data on Refinitiv Eikon.

RPT-Back on the menu: Chinese steel mills regain taste for high-grade iron ore

13 May 2019

* Steelmakers gear up output to cash in on recovering margins

Back on the menu: Chinese steel mills regain taste for high-grade iron ore

10 May 2019

BEIJING/SINGAPORE Chinese steelmakers are regaining their appetite for high-grade iron ore despite record-high ore prices, mill managers and traders say, as recovering profit margins spur plants to seek efficiency gains and ramp up output.

RPT-UPDATE 1-China plans to cut waste imports to zero by next year - official

28 Mar 2019

* Ban to cover all waste by 2020, high-grade material accepted

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