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Date:2011/08/16
Shanxi-based Chinese steelmaker Taiyuan Iron and Steel Co. (TISCO) has announced that it plans to invest in the construction of the largest open-pit iron ore mining project in China, namely, the Lvliang iron ore project located in the county of Lan i...
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Date:2011/08/16
According to a report released by China's National Energy Administration, the authorities in the Chinese province of Hebei are stepping up their efforts to eliminate backward coal production capacities, while promoting reorganization and mergers of l...
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Date:2011/08/16
A major Chinese steelmaker is aiming to get half its iron ore from its own mines in five years, a surge from below nine percent at present, said a senior executive of the company on Wednesday.Hebei Iron and Steel Group (HBIS) plans to extract 35 mill...
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Date:2011/08/12
In the first half of the current year, Baoshan Iron & Steel Co., a subsidiary of Chinese steel giant Baosteel Group, produced 5.3192 million mt of finished steel products, including silicon steel, auto sheet, pipeline steel, shipbuilding plate an...
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Date:2011/08/16
It is reported that Wuwei Jinan Special Steel has started its construction of stainless steel alloy billet and stainless steel wire rod plant in Wuwei New Energy Equipment Manufacturing Industrial Park. It is known that the total investment for build...
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Date:2011/08/10
The first phase of the Luoyang Longze coking project in the county of Ruyang, Luoyang City, Henan Province, China is to undergo trial production runs at the end of September this year, according to Luoyang Daily. The drying-out process of the furnace...
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Date:2011/08/12
It is reported that affected by the US debt crisis, Taiwanese carbon steel plate market seems to be stagnant. However, domestic demand for rebar in Taiwan is still hectic due to pricing up by supply shortage, and will keep soaring in next few weeks.M...
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Date:2011/08/15
According to the Latin American Iron and Steel Institute (ILAFA), China’s steel exports to Latin America reached around 2 million tons in the first half of this year, accounting for 30% of the region’s total imports.In addition, Chinese steel exports...
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Date:2011/08/10
Mr. Li Chuangxin, the deputy secretary general of China Iron and Steel Association (CISA) said that China planned to pour huge amounts of funds to develop iron roe assets in overseas market to reduce reliance on the big three iron ore giants includin...
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Date:2011/08/12
It is reported that Taiwanese steel plate dealers may hike the prices further by TWD 500 per tonne this week after the distributors increased the steel plate successfully by TWD 500 per tonne in two weeks ago. It is known that distributors raised the...
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Date:2011/08/15
According to the Chinese customs authorities, finished steel exports and imports in China decreased on year-on-year basis in July.
In July, Chinese finished steel exports totaled 4.44 million mt, indicating a month-on-month increase of 150,000 mt an...
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Date:2011/08/10
SINGAPORE - China steel futures fell more than 4 percent on Tuesday to hit their lowest since March as investors dumped riskier assets in a global rout triggered by fears political leaders are failing to tackle debt crises in the United States and Eu...
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Date:2011/08/12
It is reported that Pangang Group Steel Vanadium & Titanium will inject AUD 370 million into the Karara iron ore mine through its subsidiaries. PSV plans to inject capital into Karara through Ansteel Group Hong Kong Holdings and Ansteel Group Aus...
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Date:2011/08/15
Recently, Taiwanese major stainless steel mills including Yieh United Steel Corporation and Tang Eng have continued to restrict their production though nickel prices turned strong in July 2011. It is known that Yusco has remained its monthly producti...
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Date:2011/08/10
China Steel Corporation said that it has signed a strategic alliance agreement with Sinosteel Corporation as the Taiwanese market slowed. The companies will strengthen cooperation in areas including production, trading, engineering and management.Mr ...
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Date:2011/08/11
Shanghai rebar futures rose on Wednesday after the U.S. Federal Reserve pledged to keep interest rates near zero for at least two years, stemming a global equity rout,
but gains were limited as investors remain wary on the long-term outlook.The most...
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Date:2011/08/15
It is reported that Hebei Iron and Steel Co the iron ore resources controlled by the company have increased six fold in the last three years to 5 billion tonnes.By the end of the 2011-2015 periods total iron ore resources controlled by Hebei Steel wi...
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Date:2011/08/10
Reportedly, the prices of hot rolled coil (HRC) have continued to drop in Chinese domestic market on Monday due to the concerns on the US credit rating by Standard & Poor’s.It’s known that the October HRC contract prices at Shanghai Steel Exchang...
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Date:2011/08/11
According to the data issued by the China Iron and Steel Association (CISA), in July this year China's iron ore production amounted to 116.96 million mt, increasing by 21.7 percent year on year. Meanwhile, China's average daily iron ore output in Jul...
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Date:2011/08/15
According to the statistics released by the Taiwan ministry of finance, Taiwan's iron and steel exports value in July this year amounted to USD 1.76 billion, increasing by 12.2% compared to June and up 31% compared to the same month of 2010, while it...