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Date:2012/04/20
According to the data released by CISA (China Iron and Steel Association), Chinese registered steelmakers have contributed a daily crude steel output of 1.6593 million metric tons in early April of this year, increasing by 5% from late March. Meanwhi...
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Date:2012/04/23
According to report, Guangzhou Iron & Steel (Guanggang) and Baosteel will together to set up a joint venture of cold strip mill in Guangdong province which close to its existing Guanggang’s joint venture with Japan’s JFE Steel of cold rolling and...
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Date:2012/04/19
Waning demand and rising production costs have forced China's steelmaking industry to face a quarterly profit loss for the first time in a decade, the China Iron and Steel Association (CISA) said Wednesday.
Chinese steelmakers saw a loss of 1.0...
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Date:2012/04/23
Hunan Valin Xiangtan Iron & Steel Co., one of the important manufacturing enterprises of domestic plates, wires, rods and metal products has collaborated with Shandong Shengli Steel Pipe and Hunan Shengyu New & High-Tech material to form a ne...
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Date:2012/04/19
China's investment in Canada is likely to increase at a "record" pace in the near term, building on fast expansion in recent years, the Canada China Business Council said on Wednesday.
"Investments from China will maintain fast growth this...
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Date:2012/04/21
Reportedly, Handan Steel, a subsidiary of Hebei Iron & Steel recently received 3,000 tons of coated steel order from Russia. The company has completed 900 tons of products from this order.It’s known that the coated steel products for this order i...
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Date:2012/04/19
China's lending data trumped forecasts to soar to a 14-month high in March. The country's central bank said Wednesday it will continue to guide money to serve the real economy, easing fears of financial liquidity getting out of control.
Th...
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Date:2012/04/21
It’s reported that China's Sany Heavy Industry Co Ltd, a Chinese multinational heavy machinery manufacturer has carried out the acquisition of concrete pump maker Putzmeister, a German manufacturer of concrete pumps.It is said that Sany global n...
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Date:2012/04/19
The Chinese currency Renminbi, or the yuan, weakened by 56 basis points to 6.3004 against the U.S. dollar on Thursday, according to the China Foreign Exchange Trading System.
The central parity rate of the yuan against the U.S. dollar is based on a ...
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Date:2012/04/20
The world should be alert to new signs of trade protectionism and continue to fight it, Chinese Commerce Minister Chen Deming said Thursday.
Although protectionism has not prevailed thanks to concerted efforts of various countries and organizations ...
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Date:2012/04/19
Chinese stocks opened lower on Thursday, with the benchmark Shanghai Composite Index down 0.09% to open at 2,378.63.
The Shenzhen Component Index opened at 10,049.77, down 0.2%.
Source: Xinhua
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Date:2012/04/20
The members of the Association of Southeast Asian Nations will together become China's top trading partners within the next three years, a trade organization predicted on Wednesday.
During that time, trade between China and the association, also...
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Date:2012/04/19
According to the data released by MOFCOM, Chinese domestic steel price increased by 0.4% in the week ended on April 15 from prior week. In detail, the price for medium plate with thickness of 10mm, round steel with diameter of 16mm and hot-rolled ste...
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Date:2012/04/20
A recent roadshow of Thailand to China, during the Thai premier's official trip, is expected to lead to investment in Thailand of over $2.1 billion, the Board of Investment (BoI) under Thailand's Ministry of Industry said on Thursday.
Foll...
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Date:2012/04/19
Yonggang Corporation, a Jiangsu Province based a large-scale integrated iron and steel enterprise has completed the cutting edge development of enhanced strength 600 MPa heat treated reinforcing bar with specification in 10mm,16mm,20mm,22mm & 25m...
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Date:2012/04/19
Reportedly, Taigang Stainless, the largest stainless steel producer in China announced to cut the export prices of its 300 grade stainless steel products by US$80~US$100/ton averagely for June deliveries, in response to falling nickel prices and a sl...
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Date:2012/04/18
China is confident of achieving the full-year target of 10 percent growth in foreign trade, although the growth slowed in the first quarter due to cumulative factors, the Ministry of Commerce said Tuesday.
In the first three months, the country'...
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Date:2012/04/16
According to the data of China Iron & Steel Association (CISA), Chinese steel industry faced big losses in the first quarter due to high raw material costs and slow demand.Chinese steel mills’ total losses were about RMB 2.8 billion in the first ...
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Date:2012/04/09
Iron ore shipments to China through Australia's Port Hedland were down modestly to 14.0 million tonnes in March from 14.58 million in February, according to port authority data, in part reflecting weather-related disruptions to shipping. Total i...
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Date:2012/04/18
China's Ministry of Commerce (MOC) said Tuesday that the country's recent move to lift the daily trading band of its currency, the yuan, will help break the former one-way expectation of the yuan's appreciation.
"Widening the yuan...