China is looking to boost its role in global commodity markets by allowing foreign investors to trade iron ore futures on the Dalian Commodity Exchange from Friday, a move which should help the country gain some pricing power over the key ingredient in steel.
CHINA MINING News
Geological data made public by new ministry for first time
Previously classified data to spur private investment: expert
EU seeks to join US-China talks on steel, aluminum tariffs at WTO
The European Union (EU) has sought to join the consultations at the World Trade Organization (WTO) requested by China with the United States on the recent US steel and aluminum tariffs,
China to lead global energy demand growth through 2020
China will continue to be the driving force for global energy demand through 2020, but its energy growth will slow significantly as it transitions to a more sustainable pattern of economic growth,
China's steel industry vows to rise to US challenges
China's iron and steel industry has vowed to actively respond to the challenges from the United States and firmly support government counter-measures against US imports.
Crude oil futures contracts unveiled
Yuan-denominated, they are the first of their kind to be open to overseas investors
The Chinese futures market took another step toward internationalization on March 26 with the unveiling of yuan-denominated crude oil futures contracts
CISA calls for action on US tariffs
The China Iron and Steel Association has urged the Chinese government to take resolute measures against imports of stainless steel, seamless pipes, coal, agricultural products and consumer electronics from the United States to confront trade protectionism.
China launches crude oil futures trading
China on Monday launched trading of the yuan-denominated crude oil futures contracts at the Shanghai International Energy Exchange, which is the first futures listed on China's mainland to overseas investors.
Merkel, Xi agree to work on steel overcapacity
German Chancellor Angela Merkel and Chinese President Xi Jinping discussed overcapacity in world steel markets and agreed on Saturday to work on solutions within the framework of the G20 group of industrialized nations, Merkel's spokesman Steffen Seibert said.