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Date:2011/12/22
According to statistics, China’s crude steel output totaled 49.883 million tons in November, down slightly by 0.6% in comparison of 50.173 million tons in the same period of last year.The dip in crude steel output is not only for China but also for g...
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Date:2011/12/20
According to Baosteel Group, the company’s subsidiary of Ningbo Baoxin Stainless Steel Company has completed its new bright annealed (BA) stainless sheet production facility. Furthermore, Ningbo Baoxin planned to increase its annual production output...
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Date:2011/12/22
China's stock index futures opened lower on Thursday with the contract for settlement in January 2012, the most actively traded, opening 13.8 points lower at 2,344.8 points.
The contract for settlement in January 2012, opened 15 points lower at...
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Date:2011/12/22
Inventories of iron ore at 25 of China's major sea ports dropped 1.6% to 97.99 million metric tons in the week ending on Dec. 19 from the previous week, according to the Xinhua-China Iron Ore Price Index that was released on Tuesday.Last week�...
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Date:2011/12/20
It’s reported that the spot iron ore prices have continued dropping recently.At present, the prices of spot iron ore fine contain 63.5% Fe are at US$139~US$142/ton C&F, down by US$1/ton for the previous US$140~US$143/ton C&F.Traders indicated...
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Date:2011/12/22
The Chinese currency Renminbi, or the yuan, weakened 5 basis points to 6.3253 against the U.S. dollar on Thursday, according to the China Foreign Exchange Trading System.
In China's foreign exchange spot market, the yuan is allowed to rise or f...
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Date:2011/12/22
According to Panzhihua Steel Group's official website, Pangang Vanadium Plant's December daily output proves to be 15,570.39 tonnes as of December 15, with an augment of 183.22 tonnes in comparison of November. Meanwhile, via optimizing pro...
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Date:2011/12/20
It’s reported that Chinese Shougang announced the price policy for hot rolled coil (HRC) for next January delivery on December 19th.The company remained the domestic prices of most products unchanged for next January. Thus, the ex-factory prices of Q...
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Date:2011/12/21
It’s reported that Tianjin Youfa Steel announced to cut the ex-factory prices of steel pipes on December 19th.The company decided to cut the ex-factory prices of hot dipped galvanized steel pipes with sizes of 4~8 inches offered by its subsidiary Tia...
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Date:2011/12/20
It’s reported that the mainstream quotes of seamless steel pipes in Chinese Shanghai market decreased by RMB50/ton today. At present, the quotes of seamless steel pipes in a dimension of 57 x 3.5mm produced in Wuxi decreased by RMB50/ton to RMB5,250/...
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Date:2011/12/19
According to data, the inventory of iron ore at 25 major Chinese ports dropped by 0.7% week on week to 99.6 million tons in the week ends on December 12nd, 2011.Meanwhile, this was the first time that the iron ore stocks decreased below 100 million t...
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Date:2011/12/19
Hubei Province-based Chinese steel producer Wuhan Iron and Steel Company (WISCO) has completed its project for the development of production of MR-TH52 cold rolled electrolytic tinplate, and accordingly has received a scientific and technological ach...
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Date:2011/12/19
Chinese steel producer Hebei Iron and Steel Group (Hebei Steel) has stated that in January-November this year its finished steel export volume increased by 50.55 percent or 733,300 mt year on year to 2.1838 million mt, worth a total of $1.715 billion...
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Date:2011/12/15
Hebei Province-based Chinese steelmaker Tangshan Iron and Steel Group (Tangsteel) has announced that its continuous HDG strip products have successfully passed tests in relation to the European Union directive 2011/65/EU on the restriction of the use...
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Date:2011/12/19
Gansu Province-based Chinese steel company Jiugang Steel Group Co. (JISCO) has said that in the current year up to December 10 it produced 3.5012 million mt of carbon steel plate, slightly exceeding its target for the whole year. The carbon steel pla...
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Date:2011/12/15
Hebei Province-based Chinese steel producer Handan Iron and Steel Co. (Hansteel), a subsidiary of Hebei Iron and Steel Group, has announced that, in the context of the more difficult overall market situation in the current year, it has been increasin...
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Date:2011/12/19
Reportedly, Tianjin Qifeng announced to adjust the prices for hot rolled (HR) strips for domestic market on December 16th.After the adjustment, the ex-factory prices of Q195 HR strip in dimension of 2.5mm x 145mm~240mm remained unchanged at RMB3,980/...
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Date:2011/12/15
The Ministry of Commerce of the People's Republic of China (Mofcom) said on Wednesday that it will impose anti-dumping duties on certain vehicles made and imported from US manufacturers. It’s known that the duties will bring impact to vehicles w...
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Date:2011/12/18
Reportedly, the prices of ferro-chrome hiked in China for the first time since this September, driven by the stainless steel mills’ higher bids.It’s known that Taiyuan Iron&Steel Group (Tisco), the largest stainless steelmaker in China increased ...
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Date:2011/12/15
Beris Engineering and Research Co., a subsidiary of Chinese state-owned enterprise China Metallurgical Group Corporation (MCC), has announced that it has inked an agreement for engineering, procurement and construction (EPC) of a new continuous caste...