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Date:2011/08/26
According to steel industry 12th five year plan it specifies that special steel should focus on the fields of high speed rail, urban rail transport, marine engineering, offshore oil exploration, shipbuilding, energy saving vehicles, high voltage powe...
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Date:2011/08/25
According to the Hebei State-owned Assets Supervision and Administration Commission, Q235qC/D and Q345qC/D bridge steel produced by Cheng Gang Company, a subsidiary of major Chinese steelmaker Hebei Iron and Steel Group, has been approved by China Cl...
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Date:2011/08/26
It’s reported that the prices of hot dip galvanized steel have remained stable in Shanghai market. Currently, the HDG 1.0mm of Masteel is prevailed at RMB 5850/ton on August 25th.Meanwhile, pre-painted steel prices have increased by RMB 350/ton compa...
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Date:2011/08/25
China’s aluminum alloy ingot export to Japan in July was 31,395 tons, up by 48.5% from June and up by 12% y-o-y.The export to rise is because Japan’s demand has significantly recovered after earthquake disaster as well as some of June delivery postpo...
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Date:2011/08/26
Chinese stocks made their biggest rise in over 10 months on Thursday, led by financial shares and coal miners.
The benchmark Shanghai Composite Index climbed 2.92 percent to reach 2,615.26 points, the biggest daily gain since Oct. 15, 2010.
The Shen...
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Date:2011/08/24
According to Mr. Hao Xiangbin, a senior official of China Coal Industry Association, China may soon reduce its value-added tax (VAT) and port charges on imported coal to support and promote more coal imports to increase the fuel efficiency.He added C...
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Date:2011/08/25
According to latest report of the National Bureau of Statistics of China (NBS), China produced 55.062 million tons of pig iron in July, up by 177 thousand tons in comparison of 54.885 million tons in July.Furthermore, the country’s July pig iron outp...
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Date:2011/08/24
It's reported that Chinese steel seamless pipe prices would continue moving up and down slightly in late August. The prices in some markets may drop slightly but not slump.However, the steel welded pipe prices may remain stable or go up slight as dom...
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Date:2011/08/25
Chinese steel giant Baosteel Group's Special Steel Business Unit has succeeded in developing high-quality SUP9 spring steel. After carrying out trial production six times, the surface quality of the product is stable and physical and chemical test re...
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Date:2011/08/24
Hanoi-based Vietnam Chamber of Commerce and Industry and the Beijing Institute of Information and Technology for State-owned Enterprises have held a forum entitled ‘Vietnam-China engineering machinery and new energy enterprises'. The aim of the forum...
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Date:2011/08/24
The pig iron output of Sichuan-based Chinese steelmaker Pangang Group Steel Vanadium & Titanium Co's blast furnace No. 3 has exceeded one million mt so far in the current year, according to local newspaper Sichuan Daily.In July alone, Pangang Gro...
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Date:2011/08/24
According to Mr Wu Yuxiang CFO of Yanzhou Coal Mining Co, domestic coal price will keep high-running in H2 for the firm demand from China and Indian. Besides, the reconstruction after Japan earthquake will also back coal coupled with the weak dollar....
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Date:2011/08/24
Chinese steelmakers are scrambling to buy coking coal mines in Mongolia, China''s largest supplier of the fuel. China is the world''s biggest steel producer and needs the coke to keep its blast furnaces in operation.
State-owned steel makers, includi...
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Date:2011/08/22
Chinese shares closed lower at midday Monday with the benchmark Shanghai Composite Index down 0.49 percent to 2,521.89 points. The Shenzhen Component Index retreated 0.79 percent to 11,211.74 in the morning session.
Source: Xinhua
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Date:2011/08/21
According to a statement made by Jilin, China-based company Aodong Medicine Industry Group to Shenzhen Stock Exchange, the company is currently building mining facilities and installing equipment at its Tadong iron ore project near the city of Duhua ...
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Date:2011/08/24
It is reported that coke main contract 1201 opens low at CNY 2,245 today and fluctuate downward around CNY 2,000. The afternoon session closes at CNY 1,977 off 3.90%.Spot coke market performs stably with low stockpile. The second grade met coke price...
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Date:2011/08/22
The Chinese currency Renminbi, or the yuan, strengthens 35 basis points to 6.3997 per U.S. dollar on Monday, according to the China Foreign Exchange Trading system.
In China's foreign exchange spot market, the yuan is allowed to rise or fall by 0.5 ...
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Date:2011/08/21
China's gross national construction output is expected to increase by 15 percent during the country's 12th five-year plan period (2011-15), according to a statement from China's Ministry of Housing and Urban-Rural Development of China on August 18.
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Date:2011/08/24
According to data released by Chinese Customs, China exported 166,695 tons of stainless steel flat products in July, up by 5% from June.Among them, South Korea remained the largest importer of Chinese stainless steel flat products in July, which impo...
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Date:2011/08/22
HONG KONG — China Resources Power Holdings Co on Monday reported a marginal 1 percent increase in its first-half net profit, as higher fuel costs eroded the impact of an increase in power output, the Wall Street Journal reported.Net profit for the si...