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Date:2011/09/14
Baoshan Iron & Steel Co. Special Steel Business Unit, business unit of Chinese steel giant Baosteel, has signed a cooperation agreement with Hengyang Valin Steel Tube Co. regarding production of P92 large diameter steel pipes for ultra-supercriti...
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Date:2011/09/14
Shanxi Province-based Chinese steel producer Taiyuan Steel Group has announced that it has restructured another private sector steel enterprise, Xingyuan Group, which is located in Xiangfen County in Shanxi, following its restructuring of local priva...
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Date:2011/09/14
After a four-day long review, the carbon structural flat steel and low alloy and high strength structural flat steel of Henan Province-based Chinese steel producer Anyang Steel Group successfully passed tests for Singapore FPC and EU CE certification...
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Date:2011/09/13
The appreciation of Chinese currency will continue to follow a gradual pace despite the upcoming push of visiting French Foreign Minister Alain Juppe for a faster speed of the renminbi's rise, economists said on Sept 12.
Juppe will visit Beijin...
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Date:2011/09/14
According to Chinese giant steelmaker Hebei Iron and Steel Group, its subsidiary Tangshan Iron and Steel Group (Tangsteel) recorded strong sales results for its main products in the January-August period of the current year. In January-August t...
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Date:2011/09/13
People's Bank of China, the country's central bank, reiterated on Monday that stabilizing the overall price levels remained the top priority of macro-economic regulation.
Some factors that drive prices upwards had been contained but not el...
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Date:2011/09/14
Recently, China’s export quotes of seamless steel pipe to Taiwan dropped slightly due to weak demand. It’s known that the Chinese export quotes of seamless steel pipe with diameter 200 mm to 400mm to Taiwan are at TWD 35,000 per tonne to TWD 40,000 p...
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Date:2011/09/13
Bloomberg reported that China coal prices rose in the past two weeks as utilities restocked ahead of the winter. According to fortnightly data from IHC McCloskey a researcher based in Petersfield, England thermal coal in Qinhuangdao, China was USD 14...
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Date:2011/09/14
China Business News quoted the General Administration of Customs said China imported a total of 59.09 million tonnes of iron ore in August an increase of 4.54 million tonnes or 8.3% from July. Compared with August 2010 imports were up by 32.5%.For th...
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Date:2011/09/13
It is reported that Tangshan Ruifeng Steel announced to adjust the domestic prices for steel strip on September 9th.The company decided to hike the ex-factory prices of Q195 hot rolled (HR) strip in dimension of 2.5mm x 145mm ~204mm by CNY 10 per ton...
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Date:2011/09/14
According to the data released by NBS, in January-August of this year, China's overall crude steel output amounted to 469.28 million t, increasing by 11% compared to the same period of last year. While in August alone China's crude steel ha...
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Date:2011/09/13
China's demand for steel is expected to dive by at least 40 per cent by 2050, a government climate adviser in one of the world's biggest greenhouse-emitting countries says.
Dr Jiang Kejun, who leads environmental policy analysis at China�...
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Date:2011/09/13
The Chinese currency Renminbi, or the yuan, weakened 60 basis points to 6.3982 per U.S. dollar on Tuesday, according to the China Foreign Exchange Trading system.
In China's foreign exchange spot market, the yuan is allowed to rise or fall by 0...
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Date:2011/09/13
Inner Mongolia Autonomous Region-based Chinese steelmaker Baotou Steel has commissioned its new 159 mm continuous casting seamless pipe production line after two years spent on design work and construction, as announced by Inner Mongolia-based BERIS ...
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Date:2011/09/13
China's stocks opened lower on Tuesday with the benchmark Shanghai Composite Index down 1.2 percent to open at 2,467.73.
The Shenzhen Component Index opened 1.41 percent lower at 10,738.60.
Source: Xinhua
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Date:2011/09/13
Because of the slack demand from downstream industry and turmoil of the international financial market, the steel price and output both suffered from a drop in China during the traditional peak season.According to the statistics from the China Iron a...
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Date:2011/09/13
The Chinese central bank said on Sept 12 that the slower pace of money supply growth in August was within expectations and the overall money supply was in line with current steady economic growth.
In a statement on its website, a spokesma...
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Date:2011/09/13
Chinese steelmaker Shougang Jingtang United Iron & Steel (Shougang Jingtang) has ordered the installation of two electrolytic tinning lines from the German plantmaker SMS Siemag, for the annual production of 475,500 mt of high quality tinplate. E...
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Date:2011/09/13
China should formulate policies to encourage more companies to use the yuan in the settlement of their outbound direct investment (ODI), said a central bank official.
"The scope of applications for the yuan is not much different from that of t...
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Date:2011/09/13
China's top listed steelmaker Baoshan Iron & Steel will raise its main steel product prices for October bookings, the company said on Tuesday. The company, usually known as Baosteel, led its domestic peers in price increases for September bo...