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Date:2011/12/12
According to statistics, China’s crude steel output in November totaled 49.883 million tons in November, down by 0.2% year on year. The averagely daily crude steel output in November was 1.663 million tons, decreased by 5.7% from a month earlier.In a...
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Date:2011/12/08
According to Chinese steelmaking giant Hebei Iron and Steel Group, its subsidiary Chengde Iron and Steel Group (Chengde Steel) has completed production to supply a large order for 50 mm rebar. This is the first order for 50 mm rebar received by Cheng...
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Date:2011/12/06
Hubei Province-based Chinese company Wuhan Shuangqiang Chemical Co. has announced that it plans to build a steel sheet production facility with an annual output capacity of 600,000 mt. Inner Mongolia-based Beris Engineering and Research Co. will be r...
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Date:2011/12/12
Its’ reported that Chinese steel wire exporters have cut the quotes by US$30/ton for December production, affected by the decreased prices in domestic market.At present, the quotes of steel wires which are arranged to produce in December are at US$67...
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Date:2011/12/07
Shanghai-based Chinese steel giant Baosteel has announced that its subsidiary Baosteel Engineering and Technology Group has inked an agreement with Sichuan Province-based China Erzhong Group (Deyang) Heavy Industries Co. for the construction of a joi...
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Date:2011/12/06
Beijing-based Chinese steel giant Shougang Group plans to build a new steel plant with a Malaysian partner in Malaysia, according to a joint statement issued by the two companies. Investment in the new steel production facility is expected to t...
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Date:2011/12/12
According to report of Reuters, Chinese Baosteel announced on Monday that it would hike its prices of main steel products for next January orders, showing that the steel demand would improve in the beginning of 2012.The firm will raise the prices of ...
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Date:2011/12/07
Reportedly, China’s Lingyuan Steel & Steel announced the new price policy of steel pipes for domestic market on December 16th, 2011. The company decided to cut the prices of welded pipe, steel pipe and hot rolled steel pipe by RMB30/ton averagely...
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Date:2011/12/06
Jiangsu Province-based Chinese steelmaker Sha Iron and Steel Co. (Sha Steel) has announced that it has signed a contract with Japan-based Nippon Steel & Sumikin Welding Co. for supply of 500 mt of its welding wire, marking the entry of this produ...
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Date:2011/12/12
According to major Chinese steel producer Hebei Iron and Steel Group, the cold rolling plant of its subsidiary Handan Iron and Steel Group (Hansteel) has successfully produced HC260BD+Z bake-hardening steel sheets for application in automobile manufa...
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Date:2011/12/07
Jiangsu Province-based Chinese steelmaker Shagang Group (Shagang) has announced that it has produced new die steel of 1.2311 and 1.2738 grades at its plate complex. Die steel of 1.2311 grade possesses good polishing properties and is easily pro...
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Date:2011/12/05
Liaoning Province-based Chinese steel company Benxi Flat Steel, a subsidiary of Benxi Steel, has announced that it plans to bring in revenues of around RMB 80 million ($12.6 million) from the sale of facilities and related equipment at its Nanfen pel...
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Date:2011/12/11
Xichang New Steel, one of subsidiaries of Pangang Group has jointed Vanadium Co to initiate world-class requirement of 1,750 cubic meter capacity blast furnace No.1 with capability to smelt vanadium-titanium magnetite ore with enhanced titanium conte...
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Date:2011/12/07
Chinese steel giant Baosteel Group has stated that its Steel Tube, Pipe and Bar Business Unit has completed production of over 20,000 mt of high grade, large diameter, thick-walled high-frequency welding (HFW) steel pipes for the Brazilian Ore Pulp X...
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Date:2011/12/05
Anhui Province-based Chinese steelmaker Changjiang Iron and Steel Co. (Changjiang Steel), a subsidiary of Maanshan Iron and Steel (Masteel), has commissioned its new blast furnace No. 2 for pig iron production, which marks the completion of its techn...
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Date:2011/12/11
According to an official data released on Friday, the inflationary pressures in China dropped severely in November from falling food and commodity prices. The consumer price index (CPI) shows a rise of 4.2% in November, declining from 5.5% increase i...
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Date:2011/12/07
Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Corporation (WISCO) has announced that it expects to cut its iron ore purchasing costs by RMB 900 million ($142.18 million) this year as compared to last year, having varied its mod...
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Date:2011/12/05
According to Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang Group), on November 30 the company signed a contract with the Inner Mongolia Oil Division of Zhongyuan Oilfield Branck of Chinese state-run China Petroleum and Ch...
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Date:2011/12/06
According to Chinese steel giant Baosteel Group, in the first 10 months of the current year it reduced its standard coal consumption by 243,000 mt, while it cut its energy costs by RMB 440 million ($69.51 million), as compared to the same period last...
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Date:2011/12/05
It’s reported that Shanghai’s hot rolled coil (HRC) spot market has remained weak due to sluggish demand on December 1st, even though Chinese Central Bank announced to cut deposit reserve ratio by 0.5% on November 30th.At present, the quotes of HRC p...