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  • China steel futures rise, but gains capped on economy slowdown

    Date:2014/01/03

    Chinese steel futures edged up after touching a more than six-month low on Thursday, tracking other commodities, although signs of a slower economy and weaker demand limited gains.Growth in China's factories slowed slightly in December, as expor...

  • Taiwanese steel pipe makers hike price for January

    Date:2014/01/07

    It’s reported that the Taiwanese steel pipe makers announced to raise prices by NT$300~NT$500/ton for January in order to reflect higher input costs.Chung Hung Steel, the major upstream raw material supplier to the Taiwanese steel pipe producers anno...

  • Taiwanese Tang Eng hikes stainless domestic prices for January

    Date:2014/01/09

    Tang Eng, one of the major stainless steel producers in Taiwan announced to raise its domestic prices for stainless hot rolled coils (HRC) and cold rolled coils (CRC) by NT$1,500/ton and NT$1,000/ton respectively for January in order to reflect highe...

  • Steel production to be pared over next five years

    Date:2014/01/03

    The State Council, China's cabinet, plans to cut 80 million metric tons of steel production capacity in five years, which is aimed at improving air quality and helping an industry hit hard by destructive competition. "China should not add any si...

  • China’s seamless pipe exports up 8% in November 2013

    Date:2014/01/07

    According to the data from China Customs data, China’s seamless pipe export volumes increased by 8% from previous month to 247,542 tons. However, the increasing rate is not enough for the rate of increased production. The amount is about 10% than the...

  • Shanghai rebar falls for 4th day, hits another record low

    Date:2014/01/09

    China steel futures dropped for the fourth straight session on Wednesday, touching another record low as demand in the world's top consumer weakens, weighing on raw material iron ore.The most active rebar futures on the Shanghai Futures Exchange...

  • Taiwanese Dragon Steel hikes square billet price for domestic market in January

    Date:2014/01/03

    Dragon Steel, the subsidiary company of Taiwan's China Steel Corp., has announced to hike its square billet for Taiwan domestic market recently by NT$100/ton. After adjustment, Dragon Steel's latest price for rebar usage high tension with v...

  • China’s CRC exports drop in November

    Date:2014/01/07

    According to data released by China Customs, China’s exports of cold rolled coils (CRC) and sheets totaled 247,360 tons in November, decreasing by 14.5% from a month ago.In the January-November period, the country’s exports of CRC and sheets amounted...

  • POSCO is a benchmark model for China steel industry - Mr Yu Yong

    Date:2014/01/03

    Hebei Iron & Steel Group chairman Mr Yu Yong extolled POSCO as a leading example of energy conservation and eco-friendly steel production, and a future role model for Chinese steelmakers. The Hebei Iron & Steel Group is the largest steelmaker...

  • Chinese Shougang to maintain crude steel output unchanged in 2014

    Date:2014/01/07

    Shougang, one of the major steel producers in China planned to remain its crude steel output unchanged at 33 million tons in 2014 due to uncertainties on steel prices.Last year, Shougang’s crude steel output was at 33 million tons even though the com...

  • Chinese iron ore hits contract low on slashed steel output

    Date:2014/01/02

    It is reported that top Chinese steel mills are forced to cut output as the government looks to take more measures with tougher regulations to curb pollution.Falling production and a credit crunch have pushed mills to reduce purchases of raw material...

  • Chinese iron ore futures slip; demand weak

    Date:2014/01/02

    Chinese iron ore futures inched down on the last day of 2013 after two consecutive days of gains, with concerns about supply disruptions in Australia and Brazil outweighed by a seasonal decline in demand in the world's biggest consuming country....

  • China's steel plate latest offer price to Taiwan hikes further

    Date:2014/01/02

    It is said some of Taiwan's steel plate distributors has purchased carbon steel plates from China mills around middle to late December by confirmed price US$550/MT CFR to Taiwan; the purchase quantity might be limited, but it should be still goo...

  • Impacts from Tangshan's III Grade to heavy pollution on China Steel Market

    Date:2013/12/30

    On December 22, 2013, Tangshan city launched III grade yellow warning response to heavy pollution weather and required related counties (districts) and enterprises to act strictly on Early Warning and Emergency Response Plan to Heavy Pollution Weathe...

  • Baosteel announces stainless steel prices for Jan 2014

    Date:2014/01/02

    It is reported that Chinese Baosteel stainless steel announces its 304 cold rolled coil price about 16,000 yuan/ton; for hot rolled coil price of 14,900 Yuan/ton based on ex-factory price in January 2014.Meanwhile, Baosteel keep 430 cold rolled coil ...

  • Rio Tinto still sees China as key driver or iron ore

    Date:2013/12/30

    Anglo-Australian mining giant Rio Tinto still regarded China as the key driver of iron ore demand due to its continued growth and ongoing urbanization process.Mr Sam Walsh chief executive of the company, at a British Chamber of Commerce luncheon in t...

  • Taiwanese Chung Hung Steel to hike steel price for next January

    Date:2013/12/31

    Chung Hung Steel, one of the major carbon steel flat re-rolling mills in Taiwan, has announced to hike its new price for next January. The company will raise its new price by NT$300/ton for hot roll and cold roll coils and increased prices for galvan...

  • Steel production in China to be pared over next five years

    Date:2013/12/30

    The State Council, China's cabinet, plans to cut 80 million metric tonnes of steel production capacity in five years, which is aimed at improving air quality and helping an industry hit hard by destructive competition.Mr Li Xinchuang head of the...

  • China average daily steel output up slightly in mid Dec

    Date:2013/12/31

    China Iron & Steel Association data showed that China's average daily crude steel output rose slightly over December 11-20 after falling for the previous three 10 day periods.Data showed that daily production inched up 0.06 percent to 2.014 ...

  • China sees growth at 7.6% in 2013 amid challenges ahead

    Date:2013/12/30

    Bloomberg reported that China estimates that growth slowed to 7.6% this year, with mounting challenges putting pressure on the nation’s traditional growth model of investment led spending.According to the official Xinhua News Agency, the calculation ...

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