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Date:2012/03/17
The Chinese steelmaker Taiyuan Iron and Steel Co. (Tisco) announced that it has successfully developed production of ultra-high-strength hot rolled coil (HRC) with tensile strength of 900 MPa, breaking through its previous record of 700 Mpa HRC.The n...
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Date:2012/03/13
It’s reported that Chinese Baosteel announced to keep the list prices of most steel flat products unchanged for April delivery after raising the March list prices by RMB100~RMB300/ton.However, the company decided to cut the April list prices of non-g...
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Date:2012/03/16
The Chinese currency Renminbi, or the yuan, strengthened 159 basis points to 6.3200 against the U.S. dollar on Friday, according to the China Foreign Exchange Trading System.
The yuan hit 6.2919 against the U.S. dollar on Feb. 29, a record high sinc...
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Date:2012/03/12
Hebei Province-based Chinese steelmaker Xinxing Ductile Iron Pipes has announced that in 2011 its operating revenue reached RMB 52.53 billion ($8.31 billion), up 39.62 percent year on year, while its net profit totaled RMB 1.46 billion ($230.91 milli...
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Date:2012/03/16
Accordingly, the domestic social steel inventories in Chinese 26 main cities decreased by 0.154 million metric tons vs prior week to 18.664 million metric tons last week, signifying that the domestic steel inventories have dipped for three straight w...
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Date:2012/03/12
In February this year, Shandong Province-based No.1 Steelmaking and Vanadium-Extracting Plant, a subsidiary of Chengde Iron and Steel Company (Chengde Steel) which in turn is part of Hebei Iron and Steel Group, produced 280,000 mt of finished special...
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Date:2012/03/15
It’s reported that some Chinese steel mills are mulling to raise the export quotes of hot rolled (HR) steel to South Korea by US$20~US$30/ton to US$640~US$670/ton for April delivery.At the same time, Japanese steelmakers are negotiating the April exp...
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Date:2012/03/11
It’s reported that Handan Iron and Steel, the subsidiary of Hebei Iron and Steel has finished the production of 8000 tons of color-coated sheets which will be exported to Israel.After this shipment, Handan Steel will take up to 50% of market share of...
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Date:2012/03/15
It’s reported that China’s export prices of austenitic stainless steel products have dropped by US$50~US$100/ton in the middle of March, due to declined nickel prices and sluggish demand.This week, the transaction prices of 304 grade hot rolled coil ...
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Date:2012/03/11
It is reported Taigang stainless steel pipe gained bid again of China-Turkmenistan gas transportation project and concluded and signed supply agreement paving the way for Taigang stainless steel’s expansion in market share and promotion in visibility...
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Date:2012/03/14
Chinese Wuhan Iron and Steel Corp. (Wisco) has released its prices of steel products for April that the prices of hot rolled coil (HRC), NGO, pickling steel will be hiked around RMB50/ton from a month ago.For the HRC, the steel grade SPHC, Q195, SAE ...
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Date:2012/03/08
According to statistics, the inventory of stainless steel totaled 217,238 tonnes in Chinese Wuxi market in the end of February 2012, up by 0.74% from a half month earlier.Among them, the stocks of cold rolled stainless steel products totaled 129,426 ...
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Date:2012/03/08
Under the optimization of producing process and the fine management, Panzhihua Iron and Steel Mining Company produced 0.8043 million tonnes of vanadium-titanium-iron concentrate, 0.0424 million tonnes of titanium concentrates, 105.48% and 106% of the...
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Date:2012/03/07
It is reported that Chinese government has commenced a construction a natural gas pipeline project.It’s known that it is the country biggest diameter sub-sea pipeline that will cross over the ocean bed between the southern Chinese city Shenzhen and H...
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Date:2012/03/07
The Chinese steelmaker Jinan Steel based in Shandong Province announced that it planned to integrate the production of its melting plant with its steel plate plant.The company's plate plant was commenced operation since February 1998. In 2001, i...
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Date:2012/03/01
China's Purchasing Managers Index (PMI), a preliminary readout of the country's manufacturing activity, rose to 51 percent in February of 2012, the highest level since October, the China Federation of Logistics and Purchasing (CFLP) said Th...
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Date:2012/03/06
Chinese carbon steel plate prices have hiked slightly by US$5/ton to around US$650~US$S655/ton for March due to increasing demand in Chinese market. It is expected that the prices have little chance to be down to the same level as low as in early 201...
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Date:2012/02/28
Chinese steelmaker Hebei Iron and Steel Group has announced that its subsidiary Tangshan Iron and Steel Group (Tangsteel) has produced 60 mt of eco-friendly non-zinc coated galvanized sheet via passivation treatment at its galvanized line No. 1. Afte...
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Date:2012/03/06
It is reported that a Japan based multinational home appliance company with factories in many countries has received the upply of black color coated steel sheets from Chinese Baosteel.It’s known that these back color coated steel sheets are mainly us...
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Date:2012/02/28
China-based steelmaker Guotai Iron and Steel Co. (Guotai Steel) is investing RMB 26 million ($4.13 million) in expanding its steelmaking facilities in Zambia, including the establishment of a plant for the production of steel angles, according to Chi...