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  • Vietnam imposes antidumping taxes over imported stainless steel from China

    Date:2013/12/31

    Xinhua reported that Vietnam's Ministry of Industry and Trade recently issued a decision on application of provisional antidumping measures on certain imported cold-rolled stainless steel.The ministry said on its website on Friday that the decis...

  • Quintain Steel leaves galvanized steel wire prices flat for January

    Date:2013/12/27

    It’s reported that Quintain Steel, one of the major steel wire product manufacturers in the Taiwan announced to leave its galvanized steel wire prices unchanged for January to reflect higher input costs even though it cut prices for wire rods.The quo...

  • China plans to cut steel production for air improvement over next five years

    Date:2013/12/31

    China Metallurgical Industry Planning and Research Institute announced that Chinese government planned to cut steel production volumes up to 80 million tons by the following five years to reduce the serious air polluted environment around cities in C...

  • Flat steel to vibrate in China amid weak performance later this year

    Date:2013/12/27

    Last week, domestic steel market edged down slightly as a whole with few market transactions. Social inventory began to increase, weakening the market confidence. Among them, flats price is relatively stronger than that of construction steel. Price o...

  • China’s nickel ore imports rise in November

    Date:2013/12/31

    According to data released by China’s customs, China’s imports of nickel ore and concentrate totaled 7.82 million tons in November, rising by 6.4% from a month ago and increasing by 14.6% year on year.In November, the imports from Indonesia soared by...

  • Imported iron ore stockpiles up in China

    Date:2013/12/27

    Stockpiles of iron ore at 25 major Chinese ports increased last week, according to Tuesday's Xinhua-China iron ore index report.At the end of the December. 17 to December 23 period, inventories of imported iron ore in ports stood at 85.40 millio...

  • China's mid-Dec average steel output stopped falling

    Date:2013/12/30

    According to the China Iron & Steel Association (CISA), the country's daily crude steel output for the period of December 11-20 inched up by 0.06% to 2.014 million tons.The new released data by CISA shows that for the past one-month period t...

  • New model to tackle excessive steel capacity in China

    Date:2013/12/27

    Tangshan Iron and Steel Group Co Ltd is leading the effort to go abroad as the country's steel and iron industry struggles with overcapacity, reports Du Juan from Tangshan, Hebei province.Against the background of the overcapacity problem in Chi...

  • China’s exports of stainless sheet/coil up slightly in November

    Date:2013/12/30

    According to statistics released by China’s customs, the country’s exports of stainless sheets and coils totaled 170,585 tons in November, up slightly by 1 .1% from a month ago.In November, the country’s exports of stainless sheets coils made to Taiw...

  • China’s production of seamless steel pipes up by 3% y-o-y in November

    Date:2013/12/27

    According to data released by the National Bureau Statistics, China’s output of seamless steel pipes totaled 2.68 million tons in November, rising by 3% year on year.Meanwhile, the daily output of seamless steel pipes averaged at 89,207 tons, down by...

  • China's total crude steel output to hit almost 800 million tons in 2013

    Date:2013/12/26

    According to statistics released by Chinese steel association, the total crude steel output produced by Chinese steel makers in 2013 would be probable to reach to 800 million tons in 2013, advanced by 9% from previous year. For the first 11 months of...

  • China to cut aluminum overcapacity

    Date:2013/12/26

    China's National Development and Reform Commission (NDRC) said that producers that require 13,700-13,800 kilowatts to produce a ton of liquid aluminum will be charged an additional RMB0.02 per kilowatt, while those who exceed RMB13,800 per kilow...

  • CISA sees Chinese steel industry’s margins at 0.48% in Jan-Nov

    Date:2013/12/26

    Reportedly, Zhang Changfu, the vice chairman and secretary general of the China Iron & Steel Association (CISA) said that the Chinese steel industry’s margin reached at 0.48% in the January-November period due to increasing steel production, high...

  • Steel companies see profits drop

    Date:2013/12/24

    Overcapacity and low prices are eating into steel companies' profits, an industry specialist said. Zhang Changfu, secretary-general of the China Iron and Steel Association , said on Sunday that the profits of China's steel companies in the ...

  • Chinese will raise import tax on nickel in 2014

    Date:2013/12/26

    Coming in the backdrop unrelenting inflationary pressure pushing WPI to 7.52% in November, the fastest since September 2012 and 7.05% in October RBI announced roll over of lending rate. It sends an affirmative signal about the desperation inherent in...

  • Chinese iron ore price levels to remain low on sluggish demand

    Date:2013/12/20

    Reportedly, Chinese iron ore market seems to set at low gear with heavy hand of Chinese government putting on the steel production by cutting down 50% of power consumption from the average level during January-October period of this year, hence trigg...

  • China’s daily rebar production rises in November

    Date:2013/12/24

    According to statistics released by China’s National Bureau of Statistics (NBS), the country’s daily rebar production averaged at 593,273 tons in November, rising by 2.1% from the daily output of 581,123 tons in October.However, the country’s total r...

  • China steel output seen to 800 million tonnes in 2014

    Date:2013/12/26

    China's total crude steel output is likely to increase to 800 million tonnes in 2014 but growth will slow to 2 to 3% on the year, the head of its steel association said, with the government trying to tackle over capacity.Mr Zhang Changfu secreta...

  • Imported iron ore stockpiles decline in China

    Date:2013/12/20

    Xinhua reported that at the end of the December 10 to December 16 period, inventories of imported iron ore in ports stood at 83.84 million tonnes, down 975,000 tonnes or 1.15% over the previous week.The price index for 62% grade iron ore dropped thre...

  • China’s welded pipe production up in November

    Date:2013/12/24

    According to data released by the National Bureau of Statistics (NBS), the country’s production of welded steel pipes totaled 4.47 million tons in November.In November, the country’s daily output of welded steel pipes averaged at 149,013/ton, down by...

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