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  1. Beijing, Moscow plan regular meetings to expand ties

    Posted Nov 07th 2007, 12:00am by Joyce Man

    ... Joyce Man The premiers of China and Russia drafted details for regular meetings between their heads of government during talks in Moscow yesterday. Russian Prime Minister Viktor Zubkov received Premier Wen Jiabao at the Russian White House to preside over the closing of the 2007 Year of China in Russia - an event aimed at promoting interest in Chinese culture and development ...

  2. Wen to strengthen air and energy links on Russia trip

    Posted Oct 17th 2007, 12:00am by Joyce Man

    ... Joyce Man in Moscow Premier Wen Jiabao will strengthen air links as well as oil, gas and nuclear energy ties with Russia during a visit next month. Mr Wen's visit is scheduled for the first week of November, a representative from the Chinese embassy in Moscow said yesterday. The premier will lead a high-level delegation. On November 5 or 6, Mr Wen will meet his counterpart ...

  3. Steel bars jutting out of building

    Posted Nov 07th 2007, 12:00am by Anita Lam

    ... Anita Lam Hundreds of steel bars protruding from the walls of a public housing building in Sha Tin are thought to be the work of two repair workers trying to swindle construction fees from residents. Residents of Chung Chi House, one of five buildings on Chung On Estate, were shocked to find the steel bars protruding from man-made holes on the building's external wall after ...

  4. ArcelorMittal clear to raise Valin Steel stake

    Posted Dec 19th 2007, 12:00am by Carol Chan

    ... Carol Chan ArcelorMittal, the world's largest steelmaker, has received approval to increase its stake in Shenzhen-listed Hunan Valin Steel Tube and Wire, to tap the world's biggest market of the alloy. The China Securities Regulatory Commission approved Valin Steel's plan to place 49.3 per cent of its sale of 520 million new shares to ArcelorMittal, lifting ...

  5. Baosteel seals deal on US$4b steel mill in Brazil

    Posted Jul 19th 2007, 12:00am by Staff Reporter

    ... venture to make steel slabs in Brazil, according to a statement on CVRD's website. The deal, which can secure raw material supply for Baosteel and boost domestic sales of iron ore for CVRD, the world's biggest iron ore producer, ended a long-running dispute over the joint-venture site with the state government of Maranhao, the originally planned location for the steel slab plant. ...

  6. Sinosteel eyes US$1.2b from Shanghai and HK listings

    Posted Jun 07th 2007, 12:00am by Nevin Nie

    ... Tim LeeMaster and Nevin Nie Mainland steel producer, machine maker and mineral trader Sinosteel Corp plans to raise US$1.2 billion from simultaneous initial public offerings in Shanghai and Hong Kong as soon as the end of the year, sources said. The listing vehicle would comprise the company's equipment manufacturing unit, which makes the machines steel producers use to make ...

  7. Jiuquan Iron in foreign alliance talks

    Posted Mar 14th 2007, 12:00am by Eric Ng

    ... Eric Ng in Beijing Mainland steelmaker eyes strategic investor as it plans to inject all its assets into Shanghai-listed subsidiary Jiuquan Iron & Steel Group is in talks with a foreign steelmaker on co-operation that may make it a strategic shareholder of the mainland firm before Jiuquan's planned asset restructuring. Jiuquan, the largest steel group ...

  8. In Brief

    Posted Apr 29th 2007, 12:00am by Staff Reporter

    ... had been laid. Man arrested over steel theft Police have arrested a man for allegedly stealing 31 steel bars worth HK$1,000 from a factory in Yuen Long. The arrest was made when officers spotted the man, 44, climbing out the window of a steel products factory in Tai Shu Ha Road East at 5.10am. Car crashes at tunnel exit A car crossed into the opposite lane of the Quarry Bay exit ...

  9. NDRC working to slash steel production

    Posted Dec 28th 2007, 12:00am by Carol Chan

    ... Carol Chan The mainland's top state economic planning agency has called on provincial governments to shut 77.76 million tonnes of steel production at backward mills by 2010, about 14 per cent of the nation's current capacity, as part of its efforts to cut pollution and save energy. Ten major steel-producing cities and provinces, including Zhejiang, Jiangxi, Hebei ...

  10. Export taxes on steel and other metals to rise

    Posted May 22nd 2007, 12:00am by Carol Chan

    ... Carol Chan Beijing will raise export taxes from June 1 on 142 products, including steel and some nonferrous metals and cut import tariffs on 209 types of goods, including coal and fuel ... The government will impose a 5 to 10 per cent tax on exports of more than 80 types of high-value-added steel products, including wire rods, steel sheet and strips and raise the tax by five percentages ...




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