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Date:2014/01/24
Reportedly, China's Wuhan Iron & Steel (WISCO) announced to remain its domestic prices of steel products unchanged for February delivery. Prices on CR sheets for general use remained flat while prices on specific grades such as deep drawing ...
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Date:2014/01/20
Bloomberg reported that steel factories and thermal power plants in eastern China that provide real-time emissions data frequently exceed national standards.A study led by an environmental group in Beijing said that companies from those industries ba...
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Date:2014/01/22
China’s imports of coal and liquefied natural gas rose to a record in December as the world’s biggest energy consumer sought to meet increased demand for winter heating.Coal imports, including lignite, gained 1 percent from a year earlier to 35.46 mi...
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Date:2014/01/24
China’s import price of iron ore continued their descent amid slow demand.Spot prices for 63.5% Fe Indian fines are being offered at US$124.5~125.5/ton when prices for 32% Fe Australian fines are being offered at US$122.5~123.5/ton.Traders were selli...
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Date:2014/01/20
For all the talk about slowing growth, China’s oil demand didn’t fare too dismally last year. It likely remained stable at around 3%, even as the government doggedly pursued reform and rebalancing in favor of accelerated GDP numbers.Yet the fact rema...
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Date:2014/01/22
China's state-owned refiners are lowering planned crude runs in January to average 80% capacity, down from 84% in December, Platts monthly survey showed Tuesday.The 24 refineries surveyed plan to process a combined 19 million mt (4.49 million b/...
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Date:2014/01/23
Chinese imports of Australian iron ore fell 2.3 million mt or 6% from November to 37.34 million mt in December due to loading delays caused by Tropical Cyclone Christine, according to data released Wednesday by the General Administration of Customs.T...
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Date:2014/01/20
Reportedly, rebar futures increased in the Shanghai Futures Exchange (SHFE) on expected reduction of output from Chinese steel mills.Price of rebar for May delivery increased to around RMB3,486/ton. It is said that China’s average daily crude steel o...
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Date:2014/01/21
Da Ming International Holdings Limited, one of the major service centers in both stainless and carbon steel products announced its stainless steel sales in the Q4 was 226,800 tonnes up by 42% compared to the last quarter.The company’s processing quan...
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Date:2014/01/23
China Knowledge reported that China, the world's largest steel producer, saw its crude steel output increase 6.5% YoY to 62.35 million tonnes in December 2013.According to the latest statistics released by the National Bureau of Statistics, in w...
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Date:2014/01/17
Shanghai steel futures hit their highest in more than a week on Thursday after a recent drop in prices spurred traders and consumers to boost stockpiles, although a wobbly outlook for demand is keeping the restocking efforts modest.Tighter supply is ...
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Date:2014/01/21
Shanghai steel futures fell for a third straight session to trade near record lows on Monday, pressured by a sluggish outlook for demand in top consumer China, whose economic growth eased in the last quarter of 2013.Dalian iron ore futures dropped ne...
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Date:2014/01/23
According to a source, the Japanese mills' negotiations on non oriented electrical steel sheets for China seem to have been concluded almost at levelling off of prices although some were settled at an increase in prices.In case of January shipme...
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Date:2014/01/17
China's coal consumption growth slowed in 2013, with the price of coal declining, according to the China National Coal Association (CNCA). The country's year-round coal production increased slightly to 3.7 billion tonnes in 2013. Consumptio...
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Date:2014/01/21
Taiwanese Feng Hsin has decided to cut its rebar, scrap collection prices by NT$200/ton and steel section price by NT$500/MT in this week due to slow market demand. The company’s rebar base price will be adjusted at NT$17,600/ton, its scrap collectio...
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Date:2014/01/23
According to the China Iron and Steel Association (CISA), total amount of 20 members with deficit recorded combined losses of RMB1.14 billion in November, compared to combined loss of RMB1.12 billion from 18 members in October. The slow economic reco...
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Date:2014/01/17
Hebei-based Tangshan Steel, together with subsidiary of POSCO, marched into China LED market.It is common to see steel mills set foot into non-steel business. However, it is difficult for Hebei Steel to develop non steel business because of its redun...
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Date:2014/01/21
According to report, Shougang group has announced plans to lift up its crude steel output by 3.1% to 32.487 million tons in 2014.The company’s crude steel output in 2013 totaled 31.52 million tons, almost the same from 31.42 million tons in 2012. The...
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Date:2014/01/17
Da Ming International Holdings Limited, one of the major service centers in both stainless and carbon steel products, announced its stainless steel sales in the Q4 was 226,800 tons, up by 42% compared to the last quarter.The company’s processing quan...
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Date:2014/01/21
According to the China Iron & Steel Assn (Cisa), Chinese mills produced around 1.99 million tons per day of crude steel during the first ten days of the month, up 2% from the last eleven days of December 2013.Cisa member mills are mainly medium t...