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Date:2011/11/08
At the China Mining Congress & Expo 2011 held at November 6 to 8 in Tianjin Meijiang Convention and Exhibition Center, a market player has stated that China may implement protective development of coking coal. China-based National Energy Administ...
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Date:2011/11/02
It’s reported that the rebar prices have decreased to NT$19,300/ton in Taiwanese market this week. It’s known that Feng Hsin announced to cut the rebar price by NT$500/ton on this Monday. The steel mills in southern Taiwan followed Feng Hsin to decli...
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Date:2011/11/03
According to the data provided by Chinese customs, in January-September this year Chinese exports of ships increased by 8.92 percent year on year in value to $32.07 billion, while the Chinese ship import value totaled $1.47 billion, up 9.01 percent y...
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Date:2011/11/08
According to Chinese giant steelmaker Hebei Iron and Steel Group, the new comprehensive iron ore production base to be built in the east of Hebei Province by its subsidiary Hebei Iron and Steel Group Mining Co and Shougang Mining Investment Co is to ...
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Date:2011/11/02
It is reported that Taishan is installing two large blast furnaces and set to put them into operation at the end of 2011, which will mainly be used to produce 400 series stainless steel
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Date:2011/11/03
Hunan Province-based Chinese company Hunan Lengshuijiang Iron and Steel Co. has announced that it has successfully introduced its new HRB 500 and HRB 500E rebar products into the market, receiving a good response from buyers in the market.
Chinese st...
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Date:2011/11/08
China plans to supply 45 percent of its iron ore use by 2015, a big increase from last year's 32 percent, as the country steps up efforts to protect its steel industry from a foreign monopoly over iron ore.The country also aims to get half of it...
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Date:2011/11/02
After a period of trial production, Special Steel Branch's newly developed GH99 alloy forging rods are sent to customers. Upon examination, their performance fully meets the standards.GH99 alloy is mainly used for manufacture of aircraft engine ...
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Date:2011/11/03
Henan Province-based Chinese steel producer Wuyang Iron and Steel Co. (Wuyang Steel) has announced that on October 27 it inked a strategic cooperation agreement with Inner Mongolia Yitai Group regarding a new project for the transformation of coal to...
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Date:2011/11/02
The steel plate prices are expected to become stable in Chinese market after the spot iron ore prices ended the continuous dip.It’s known that Chinese steel mills have had the annual maintenance recently, aiming to reduce the production in order to c...
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Date:2011/11/01
Chinese steel giant Baosteel has announced that it has completed the upgrading of the automated water treatment control system at its 1,580 mm hot rolling plant ahead of schedule. The upgrade involved replacing the previous Siemens S5 automated...
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Date:2011/11/01
Iron ore imports into China fell to the cheapest compared with the local price of the steel-making ingredient in at least three years. Prices at the northeastern port of Tianjin declined to about $43 a metric ton, or 23 percent less than domestic sup...
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Date:2011/11/01
China, the world's biggest iron ore buyer, said it's held talks with Vale SA, Rio Tinto Group and BHP Billiton Ltd. (BHP) to set up a new pricing mechanism after a plunge in cash market prices. "We hope to build a new stable, transparent, f...
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Date:2011/10/31
According to report, China’s Xingang Resources, the subsidiary of China’s Xingang Iron and Steel in Henan province, is now at advanced stages of plan to buy Australian iron ore and gold miner Accent Resources.Xingang is one of more than 10 Chinese co...
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Date:2011/11/01
Steel companies made low profits in the first three quarters of this year, restricted by rising costs and decreased demand, an industrial group said Monday. Profits for China's 77 major steel companies rose 27.7 percent year-on-year during the J...
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Date:2011/10/31
Yonhap News reported that Ningbo Baoxin Stainless Steel Co, a Chinese steelmaker, said that it has signed a business cooperation agreement with South Korea’s LG Electronics Co, in a bid to boost their competitiveness in the global market.Under the de...
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Date:2011/11/01
On October 31 Canadian mining company Century Iron Ore Holdings Inc. announced that it has signed an agreement to extend the signing dates with Chinese steel producer Wuhan Iron and Steel Co. (WISCO) for the individual definitive business venture agr...
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Date:2011/10/30
It’s reported that Chinese steel mills cut the export prices of medium heavy plate by US$20~US$30/ton to US$640~US$650/ton FOB this week, aiming to activate the purchase activity.According to a director of export division at Nanjing Iron and Steel, s...
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Date:2011/11/01
Shanghai Electric Group has announced that its 20 MW ultra high-speed explosion-proof inverter-type electric motor has been approved by Chinese certification authorities. This is the first such product produced in China. Domestic steelmaker Wuhan Iro...
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Date:2011/10/30
Recently, China’s export quotes of hot rolled coil (HRC) have continued to drop.South Korean steel traders indicated that the low-price HRC and heavy plate have spread into South Korean market. It’s known that China offered the HRC quotes at US$640/t...