International steel expo to be held in Nanjing

The 17th International Steel Market and Trade Conference will be held between March 27-29 in Nanjing, capital of eastern China’s Jiangsu province, according to the China Iron and Steel Association. The conference will deliberate on a variety of topics, including the outlook for the Chinese economy and its influence on the steel industry and the policy environment and outlook of the Chinese steel industry, said CISA, the organizer of the conference. dollar on Monday, according to the China Foreign Exchange Trade System. In China’s spot foreign exchange market, the renminbi is allowed to rise or fall by 2 percent from the central parity rate each trading day. The central parity rate of the renminbi against the US dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day. The bank has 125 million retail clients, and the users of its two popular mobile apps also topped 100 million. The bank’s net profit attributable to shareholders jumped 14.84 percent year-onyear to 80.56 billion yuan ($11.95 billion), it said in its preliminary earnings estimates filed with the Shanghai Stock Exchange. Base method consistent with international practice and will be regulated by the Authority for Electricity Regulation.