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Date:2011/12/18
Henan Province-based Chinese steel producer Wuyang Iron and Steel Co. (Wuyang Steel), a subsidiary of Chinese steel giant Hebei Iron and Steel Group, has stated that on December 12 it produced 35 mt of ultra-thick steel plate at its rolling and forgi...
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Date:2011/12/15
Chinese Benxi Steel currently announced that it realized sales revenues of RMB37.587 billion in the first three quarters of this year, soared by 11.20% year on year.Meanwhile, Benxi Steel has aimed to realize sales revenues of RMB101.6 billion and pr...
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Date:2011/12/18
Hebei Province-based Chinese steel producer Tonghua Iron and Steel Group (Tonghua Steel) has released the financial report for September and the first nine months of the current year. Accordingly, in September Tonghua Steel achieved a net profi...
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Date:2011/12/14
According to China Metallurgical Group Corporation (MCC), on December 9 its subsidiary Wuhan Surveying-Geotechnical Research Institute Co. (WSGRI) started detailed geological exploration work on the Liberian iron ore mine project of Chinese steel pro...
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Date:2011/12/18
Chinese crude steel production in 2012 will rise by 5.8 percent year on year to 728 million mt, while its consumption of crude steel will increase by 4.6 percent year on year to 685 million mt, according to a poll carried out by Reuters. Meanwh...
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Date:2011/12/14
The Chinese commerce ministry reported Wednesday that that it will impose anti-dumping duties on certain US-made vehicles imported from the US. The duties will specifically impact vehicles with 2.5-liter engines and above.
General Motors Co. will fa...
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Date:2011/12/18
According to China's Ministry of Finance, the Chinese government has decided to adjust the import tariff rates for certain products effective from January 1, 2012. In particular, China will reduce the import tariff rate for over 730 goods ...
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Date:2011/12/14
It’s reported that Baosteel, the largest steelmaker in China announced to keep the list prices of most products unchanged for next January.The company decided to keep the list prices of hot rolled coil (HRC) unchanged but increase the prices of cold ...
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Date:2011/12/15
Qinghai Province-based Chinese steelmaker Xining Special Steel Co. has commissioned its blast furnace No. 3, according to state-owned China Metallurgical Group Corporation's (MCC) subsidiary Hubei Province-based China First Metallurgical Group C...
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Date:2011/12/14
It’s reported that Chinese Valin LY Steel announced to cut the list prices of deformed steel bar by RMB50/ton on December 13rd.After the adjustment, the ex-factory prices of HRB335 deformed steel bar with diameters of 16mm~25mm are at RMB4,800/ton; t...
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Date:2011/12/14
According to report, iron ore prices fell to two weeks low as the Chinese buyers show small interest in purchase the raw material.Currently, the steel output in China totaled 49.88 million tons in November, reaching the lowest level in 14 months. As ...
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Date:2011/12/13
It is reported that Baogang, a state-owned steel enterprise in Baotou, Inner Mongolia, has accomplished the target of annual production of 700,000 tons on December 5th, 27 days ahead of schedule. Among the diameters, ¢5.5mm and ¢6.5mm wire rod and SW...
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Date:2011/12/13
According to preliminary data released by customs, China’s imports of unwrought copper and copper fabricated products totaled 452,022 tons in November, surged by 17.9% from a month earlier, reaching the highest level since March, 2010.Besides, the co...
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Date:2011/12/11
Reportedly, Tianjin Qifeng announced to cut the prices for hot rolled (HR) strips by RMB30/ton averagely for domestic market on December 9th.After the adjustment, the ex-factory prices of Q195-215 HR strip in dimension of 2.5mm x 145mm~240mm are at R...
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Date:2011/12/13
According to statistics released by National Bureau of Statistics, China’s production of ferro-alloy totaled 2.43 million tons in November, down by 4.33% from 2.54 million tons in a month earlier while surged by 32.8% in comparison of 1.92 million to...
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Date:2011/12/08
Jiangxi Province-based Chinese steelmaker Xinyu Iron and Steel Group (Xinyu Steel) has announced that its iron ore pellet ore output totaled 1.15 million mt in the first 11 months of the current year. Based on this figure, Xinyu Steel's iron ore...
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Date:2011/12/06
Mr. Luo Bingsheng, the Secretary General of China Iron and Steel Association (CISA) said that China’s steel supply has exceeded the demand recently.According to statistics, China’s crude steel production in the first ten months of this year totaled 5...
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Date:2011/12/12
China Shipping, a shipping conglomerate under the direct administration of the State Council of the People's Republic of China said that it will start its merger plan next year since the shipping industry has remained sluggish.It’s known that th...
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Date:2011/12/08
Sichuan Province-based Chinese steelmaker Pangang Group has announced that its subsidiary Xichang New Steel and Vanadium Co. has commissioned its blast furnace No. 1.
According to Pangang, the 1,750 cubic meter capacity blast furnace can meet world-c...
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Date:2011/12/06
Chinese steel pipe producer Tianjin Pipe Co. has announced that it has been approved as a supplier for South African Coal and Oil Co. (SASOL), a South African company involved in mining, energy, chemicals and synthetic fuels. The approval follow...