CRC: FAI in China’s railways totals RMB 707.3 billion in Jan-Nov

Thursday, 27 December 2018 10:53:41 (GMT+3)   |   Shanghai
       

In the January-November period of this year, fixed asset investment (FAI) in railways in China totaled RMB 707.3 billion ($101.9 billion), just RMB 24.7 billion ($3.6 billion) short of the investment target of RMB 732.0 billion ($105.5 billion) for the whole year, as announced by China Railway Corporation (CRC).


Similar articles

Global View on Billet: Uptrend fails to materialize after holiday, trading limited by lower bids

10 May | Longs and Billet

Formosa hikes HRC prices by $15/mt in Vietnam, despite slow demand and pressure from Chinese suppliers

10 May | Flats and Slab

Non-VAT steel export offers from China start to revive gradually

10 May | Flats and Slab

Offers in SE Asia’s import rebar market rise despite lack of positive mood in China

10 May | Longs and Billet

Buyers not ready for higher slab offers attempted by Asian mills, push for discounts

09 May | Flats and Slab

ASEAN wire rod mills target increases, but Chinese market not rising as much as expected

09 May | Longs and Billet

Ex-ASEAN mills hold prices as gains in China not sufficient to provide solid support

07 May | Longs and Billet

Shanxi Coking Coal’s net profit decreases by 61.53 percent in Q1

06 May | Steel News

Vietnam’s Hoa Phat raises local HRC prices amid import price hikes

02 May | Flats and Slab

ASEAN billet exporters have to cut offers from previous “unreasonable” level, deal prices stable

30 Apr | Longs and Billet