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Date:2011/11/15
As the Asia-Pacific Economic Cooperation summit drew to a close on Sunday in Hawaii, leaders from the region pledged to promote "trade liberalization" and support clean energy.
Those policy goals, they said, will make it easier to provide for ...
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Date:2011/11/14
Fujian Province-based Chinese steelmaker Fujian Sangang (Group) Co. (formerly Sansteel MinGuang Co.) has announced that in October this year the monthly output of its high-speed wire rod mill hit a record 66,930 mt, exceeding the previous monthly rec...
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Date:2011/11/14
Hubei Province-based Chinese steelmaker Wuhan Iron and Steel Co.'s (WISCO) cast steel plate (CSP) plant, a part of WISCO's hot rolling facilities, has lately been closed to allow the launch of a technology innovation project at the plant, a...
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Date:2011/11/13
Hebei Province-based Chinese steel producer Shougang Jingtang United Iron & Steel Co (Shougang Jingtang) has announced that on November 9 its crude steel output reached a record daily figure of 25,304 mt. Meanwhile, in November up to and in...
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Date:2011/11/09
According to Xinhua Iron Ore Price Index, the iron ore inventories in Chinese 25 main ports came to 98.43 million metric tons on November 7, rising by 0.68 million metric tons or 0.69% as compared to prior week. Meanwhile, the price index for the imp...
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Date:2011/11/13
Chinese steelmaking company Hebei Iron and Steel Group has stated that it plans to inject all its iron ore-related assets and businesses into its listed company Hebei Iron and Steel. The injection will begin after the listed company completes its acq...
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Date:2011/11/09
China's stocks opened higher on Wednesday, with the benchmark Shanghai Composite Index moving up 0.35 percent to open at 2,512.59.
The Shenzhen Component Index opened 0.32 percent higher at 10,575.18.
Source: Xinhua
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Date:2011/11/13
As Shandong Province-based Chinese steelmakers Jinan Iron and Steel Group (Jigang) and Laiwu Iron and Steel Corporation (Laiwu Steel) disclosed on November 10, the merger between them has been approved by the China Securities Regulatory Commission. B...
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Date:2011/11/09
The Chinese currency Renminbi, or the yuan, strengthened 40 basis points to 6.3207 against the U.S. dollar on Wednesday, according to the China Foreign Exchange Trading System.
In China's foreign exchange spot market, the yuan is allowed to ris...
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Date:2011/11/13
According to Shanxi Province-based Chinese steelmaker Taiyuan Iron and Steel Co. (TISCO), the project for the switch from open-pit mining to underground mining at its Ekou iron ore mine in Shanxi has entered its design phase. The mine contains 190 mi...
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Date:2011/11/09
China's overseas investment has increased rapidly, despite the global economic outlook, helping recipient countries tackle unemployment.
Outbound investment for 2010 was $67.8 billion, up 21.7 percent from 2009, according to the State Administr...
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Date:2011/11/10
Hebei Province-based Chinese steel producer Shougang Jingtang United Iron & Steel Co (Shougang Jingtang) has announced that on November 8 its pig iron output reached a record daily figure of 24,689 mt, compared with the previous record daily outp...
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Date:2011/11/09
Stockpiles at 25 major ports in China rose 0.69 percent week-on-week to 98.43 million tons in the week ending Nov 7, according to Xinhua's latest iron ore price report.
The price index for 63.5-percent-grade iron ore imports rebounded 2.3...
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Date:2011/11/10
On November 8, Weiyuan Iron & Steel Co. (Weiyuan Steel), a subsidiary of Sichuan Province-based Chinese steelmaker Tranvic Group, commenced construction work on its project for the production of vanadium-added steel at Lianjie Industrial Park in ...
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Date:2011/11/09
Chinese Foreign Minister Yang Jiechi and Commerce Minister Chen Deming will head a delegation to the 23rd ministerial meeting of the Asia-Pacific Economic Cooperation Forum in Hawaii, US, Foreign Ministry spokesman Hong Lei told a regular press confe...
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Date:2011/11/10
According to the Chinese steel giant Baosteel Group, its subsidiary Ningbo Baoxin Stainless Steel Co. (Ningbo Baoxin) has carried out a hot trial run at its new bright annealing furnace for stainless steel products. With its new furnace, Ningbo Baoxi...
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Date:2011/11/09
A Chinese project worth $1 billion has landed in the American state of Texas and has received a warm welcome from local government.
The project sets a fine model of Chinese companies' internationalization under a "win-win" strategy.
Financed by...
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Date:2011/11/10
According to Shanghai based Chinese steel giant Baosteel, its special steel division has permanently shut down the 1 million tonnes electric furnace.Baosteel's special steel division shutdown the continuous biller caster in September this year w...
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Date:2011/11/09
Fujian Province-based Chinese steel company Xigang Steel Co. has announced that it has commissioned production operations at its new pickling line and eight-high five-stand continuous cold rolling line, which have respective annual production capacit...
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Date:2011/11/09
Xuanhua Steel, a subsidiary of Chinese giant steelmaker Hebei Iron and Steel Group has recently developed XG08D2 grade steel strip based to be used for flexible metal hose.The firm has becomes the largest domestic supplier for this newly design in Ch...