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Date:2011/09/19
According to Sichuan Province-based Chinese steelmaker Pangang Group, its ore dressing plant is aiming to produce 440,000 mt of iron ore concentrate per month. In 2010, Pangang Group produced 5,364,500 mt of iron ore concentrate of 54.03 percen...
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Date:2011/09/20
It is reported that Wanda Steel Strip Co Ltd subsidiary of Jiangsu Province based Chinese vertically-integrated private enterprise Panhua Group has announced the launch of production operations at its newly constructed hot galvanizing production line...
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Date:2011/09/19
Tianjin city-based Chinese metallurgical enterprise Tianjin Tiantie Metallurgy Group Co. has completed repair works at blast furnace No. 6 at its steelmaking plant. The overhaul work started on September 9. The overhaul included checking of valv...
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Date:2011/09/19
China does not intend to pursue a large and continuous trade surplus, Vice Minister of Commerce Wang Chao said Friday.
Speaking at a forum commemorating the 10th anniversary of China's entry into the World Trade Organization (WTO), Wang called ...
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Date:2011/09/16
The Chinese currency Renminbi, or the yuan, gained 81 basis points to a record high of 6.3797 per U.S. dollar on Friday, 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:2011/09/19
The United Nations Development Programme (UNDP) will work with China to advance inclusive and sustainable growth, said a UNDP official Friday.
"China's leaders understand the importance of inclusive growth, " said Rebecca Grynspan, UN Under-Sec...
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Date:2011/09/16
China's stocks opened higher on Friday with the benchmark Shanghai Composite Index up 0.45 percent to open at 2,490.18.
The Shenzhen Component Index opened 0.53 percent higher at 10,905.59.
Source: Xinhua
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Date:2011/09/19
According to report, the stainless steel stocks totaled 214,057 tonnes in Chinese Wuxi market in late August, down by 0.38 from a month earlier. Among them, the inventory of cold rolled stainless steel decreased by 0.046% to 124,952 tonnes that of ho...
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Date:2011/09/16
The annual transaction volume of Shanghai's financial markets is expected to reach 1,000 trillion yuan ($160 trillion) by 2015, Shanghai's top financial services official said Thursday.
Transactions of Shanghai's financial markets, in...
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Date:2011/09/19
Tangshan steel capacity has reached 70 million tonnes already, approximately 1/10 of China aggregate capacity.Tangshan Steel Industry Association founded in 2004 initiated mainly by Tangshan Steel, Guofeng Steel, Jinxi Steel, Jianlong Steel and Baoye...
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Date:2011/09/16
The new import tariffs imposed by the European Union (EU) on ceramic tiles made in China will keep more than 1,000 Chinese exporters out of the European market, an expert said.
The EU placed the import tariffs on the tiles on Thursday, and Chi...
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Date:2011/09/16
The volume of total exports of goods in Hong Kong rose 1 percent in July from a year ago, the city's statistic department said here on Thursday.
The volume of goods re-exports grew 1.7 percent over a year earlier, while that of domestic exports...
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Date:2011/09/16
It’s reported that the Chinese silicon steel export market has remained sluggish since this year due to poor demand from Japan, the largest importer of Chinese silicon steel.It’s known that Japan’s demand for silicon steel decreased after the devasta...
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Date:2011/09/15
The Asian Development Bank (ADB) on Sept 14 trimmed its growth estimate of China for 2011 and 2012, mainly because of the weakness of external demand and the government's efforts to cool inflation.
But economists at the ADB said...
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Date:2011/09/16
China's overall average daily crude steel output reached 1,964,000 mt in early September (Sept. 1-10), up 3.1 percent compared to late August (Aug. 21-31), according to the China Iron and Steel Association (CISA).
Meanwhile, the member enterpri...
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Date:2011/09/15
According to the latest data released by the China Iron and Steel Association (CISA), China's crude steel output reached 58.752 million mt in August this year, increasing by 13.8 percent year on year. However, China's average daily output o...
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Date:2011/09/15
It’s reported that Chinese stainless steel pipe market has remained weak since this year due to weak demand from domestic and foreign market.Thus, even the period during September through October is the traditional peak season; Chinese stainless stee...
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Date:2011/09/16
On September 14, Hubei Province-based Chinese steel producer Wuhan Iron and Steel Co. (WISCO) inked a strategic cooperation agreement with Wuhan, Hubei-based Chinese car producer Dongfeng Motor Corporation Passenger Vehicle Company (DFPV). Accor...
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Date:2011/09/15
It is reported that the No. 3 mill of Anhui Province-based Chinese steelmaker Masteel produced 420 tonnes of 150 mm ¡ 150 mm H-beam destined for the Airbus assembly line located in Tianjin in North Eastern China.This is the first time Masteel ha...
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Date:2011/09/15
Baosteel signed a cooperation agreement with Hengyang Valin Steel Tube to construct a P92 large diameter steel pipe plant for ultra-supercritical pressure boilers. Hengyang Valin Steel Tube is a subsidiary of Hunan Province-based Chinese Hunan Valin ...