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Date:2012/06/02
Central China’s Shanxi Province has issued a directive that new coal mines in the province must utilize modern mining machinery to the fullest possible extent. The policy, set out in the Shanxi Coalmine Modernization Standard published by the provinc...
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Date:2012/05/28
It is reported that China has planned to file a complaint to the World Trade Organization (WTO) against the US's import duties on 22 different products from China, such as a multitude of steel products and solar panels. China was disappointed un...
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Date:2012/06/02
Reportedly, Chinese Baosteel announced to cut the domestic prices of steel plates by RMB150/ton for June.It’s known that the Chinese steelmakers have cut the steel plate prices for June. Wuhan Iron and Steel Corp. (Wisco) reduced the steel plate pric...
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Date:2012/05/26
Recently, China’s export quotes of heavy plates to South Korea have decreased obviously.It’s known that the contract prices of heavy plates for July and August deliveries have fallen to US$630/ton CFR. The price dip has reached US$20/ton over the pas...
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Date:2012/05/31
According to statistics released by China’s customs, China imported 748,368 tons of chrome ore in April, decreasing by 1.4% from a month earlier.Among them, 323,000 tons were from South Africa, decreasing by 20.7%; 111,000 tons were from Turkey, fall...
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Date:2012/05/26
Chinese steel giant Baosteel announced that it has developed easy-welding ultra-high-strength Q890CFD and BWELDY1100QL2 grades of steel plate.Meanwhile, the steel plate in discussion is the first production in China and it can be used in producing co...
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Date:2012/05/31
Chinese steel giant Baosteel announced to keep the tinplate domestic prices unchanged for July.In fact, industry sources previously forecasted that the firm might cut the tinplate price for July as Baosteel delayed its tinplate price announcement.Mea...
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Date:2012/05/24
It is reported that Shagang International Trade Co. (Shagang ITC), the subsidiary of Chinese steelmaker Shagang announced that it exported 927,900 tons of finished steel produced by Shagang in the first four months of the current year, with sales rev...
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Date:2012/05/30
Reportedly, Chinese Tangshan-based Guofeng Steel announced its ex-factory prices for hot rolled coil (HRC) for June on May 25th.The company decided to cut the ex-factory prices of SPHC HRC with sizes of 3.1mm x 1,010mm by RMB100/ton to RMB4, 400/ton ...
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Date:2012/05/24
Chinese steelmaker Benxi Steel announced that its subsidiary Bengang Rolling Plant has begun construction work on its relocation project. The new location will help increase the plant's annual output capacity to reach 15,000 tons, with a newly-a...
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Date:2012/05/30
According to statistics released by China’s customs, the country’s exports of stainless steel flat products totaled 128,184 tons in April, decreasing by 14% from 148,988 tons in a month earlier.In April, Taiwan was the largest importer of the Chinese...
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Date:2012/05/23
According to statistics released by China Nonferrous Metals Industry Association, China’s April zinc concentrates output totaled 429,000 tons, down by 3.1% from a month earlier.In the first four months of this year, the country’s output of zinc conce...
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Date:2012/05/29
Recently, China’s export quotes of shipbuilding plates have continued falling.It’s known that export quotes of shipbuilding plates to South Korea are at US$665~US$675/ton currently, falling US$5~US$10/ton from that in a month earlier.Industry sources...
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Date:2012/05/23
Reportedly, Chinese Hebei Steel released its price policy for steel flat products for June.The company decided to cut the ex-factory prices of hot rolled steel plates/coils and cold rolled steel plates/coils by RMB200/ton, to decrease the ex-factory ...
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Date:2012/05/22
Reportedly, the authorities in Chinese Jiangxi Province announced to set up new stainless steel and alloy steel seamless pipe plant in Nanchang city in Jiangxi Province. The investments of the new project are at around RMB1 billion and the annual ste...
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Date:2012/05/22
Reportedly, Chinese Benxi Steel released its price policy for cold rolled (CR) silicon steel for June.The company decided to cut the ex-factory prices of CR silicon steel by RMB100/ton for June.After the adjustment, its June ex-factory prices for 50W...
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Date:2012/05/21
Chinese steel giant Baosteel has inked a contract to supply two continuous orders of X65 grade high-frequency welded pipe (HFW) for 1000 & 1100 tons for the new gas pipe line project in Indonesia.It’s known that the first shipment of 5,000 tons h...
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Date:2012/05/15
Reuters reported that the Chinese spot iron ore prices have dropped recently due to weak demand for steel products and falling steel prices. According to statistics, China imported 57.69 million tons of iron ore in April, the lowest level over the pa...
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Date:2012/05/21
According to statistics, the inventory of stainless steel totaled 123,082 tons in the Chinese Foshan market in the first 10 days of May, soaring by 7.06% from 10 days earlier.Among them, 62,637 tons were cold rolled stainless steel, surging by 12.96%...
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Date:2012/05/14
Handan Steel, a leading Chinese steel producer who engages in high-quality plate and strip production has successfully develop SHPD-E deep drawing pickled steel for application in automotive and mechanical industry to performs YS under 300MPa, EL ove...