Ruby Lian –

China port probe into metal financing rattles banks, trade houses

August 25, 2021 at 12:31 a.m.

By Melanie Burton and Ruby Lian SYDNEY/SHANGHAI (Reuters) - Global trading houses and banks were scrambling to check on their exposure to a probe into metal financing at China's Qingdao...

New rules may ease China pollution, won’t solve steel overcapacity

August 24, 2021 at 12:45 a.m.

BEIJING (Reuters) - New rules aimed at making China's sprawling steel sector greener will do little to tackle rampant overcapacity or help Beijing protect its big state-owned mills from smaller,...

China’s Baosteel suspends production at loss-making plant

August 23, 2021 at 2:54 p.m.

SHANGHAI (Reuters) - Baoshan Iron & Steel Co (Baosteel), China's biggest listed steelmaker, said it has suspended production at a loss-making plant in Shanghai, in a sign of the intense...

Exclusive: Ghost warehouse stocks haunt China’s steel sector

August 23, 2021 at 2:17 p.m.

SHANGHAI (Reuters) - Chinese banks and companies looking to seize steel pledged as collateral by firms that have defaulted on loans are making an uncomfortable discovery: the metal was never...

Exclusive: Ghost warehouse stocks haunt China’s steel sector

December 24, 2018 at 4:05 p.m.

SHANGHAI (Reuters) - Chinese banks and companies looking to seize steel pledged as collateral by firms that have defaulted on loans are making an uncomfortable discovery: the metal was never...

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