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  • China iron ore futures fall over 2%

    Date:2013/12/18

    Dalian iron ore futures fell more than 2% on Friday, hitting their lowest level since their October launch and dragging down Shanghai steel prices on worries the closure of some mills may trim demand for the steelmaking ingredient. A number of steel ...

  • China announces non-ferrous metal export quotas

    Date:2013/12/18

    China's Ministry of Commerce on Friday announced the first round of 2014 export quotas for non-ferrous metals including rare earth and a list of enterprises eligible for export. Apart from rare earth, the first round of export quotas assigned fo...

  • Global coal demand growth to slow in next 5 years on China - IEA

    Date:2013/12/18

    According to the International Energy Agency, global coal demand growth will slow through 2018 as China, the world’s biggest consumer, seeks to cut its dependency on the power plant fuel.The Paris based agency in its Medium-Term Coal Market Report sa...

  • China iron ore falls more than 2%

    Date:2013/12/16

    Reuters reported that Dalian iron ore futures fell more than 2% on Friday, hitting their lowest level since their October launch and dragging down Shanghai steel prices on worries the closure of some mills may trim demand for the steelmaking ingredie...

  • China iron ore falls more than 2%

    Date:2013/12/17

    Reuters reported that Dalian iron ore futures fell more than 2% on Friday, hitting their lowest level since their October launch and dragging down Shanghai steel prices on worries the closure of some mills may trim demand for the steelmaking ingredie...

  • Nanjing Steel to set up wholly-owned subsidiary in Nanjing

    Date:2013/12/16

    Jiangsu Province-based Chinese steelmaker Nanjing Iron and Steel Co.(Nanjing Steel) has announced that it plans to establish a wholly-owned subsidiary named Nanjing Steel Jinte Iron and Steel Co. in Nanjing, which will be focused on the steel strip p...

  • Slashing capacity in China 'prime task' for 2014 - CEWC

    Date:2013/12/17

    China Daily reported that tackling excess capacity will be one of the top tasks on China's economic agenda in 2014, as the issue becomes a major challenge to maintaining the pace and quality of economic growth.The Central Economic Work Conferenc...

  • WISCO supplies X70 welded pipe for project in Papua New Guinea

    Date:2013/12/16

    On December 12, Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Co. (WISCO) has announced that its 18 mm X70 grade high-frequency straight-slit welded pipe for application in slurry transportation has reached advanced internation...

  • Hebei Steel resignation reveals internal crisis - South China Morning Post

    Date:2013/12/17

    When Wang Yifang was replaced as chairman of Hebei Iron and Steel Group, he left behind a loss-making company in crisis, riddled by embezzlement and wasteful spending.Hebei province deputy governor Zhang Jiehui chaired a company meeting on last Monda...

  • Taiwan's rebar purchase activity to bloom in this week

    Date:2013/12/13

    Taiwan's rebar purchase activity has restarted in this week and it is said Taiwanese rebar mills have received more than 120,000 tons order quantity totally from market stockiest. Currently, rebar mills' selling price is about NT$17,300~NT$...

  • China November iron ore imports up by 18.3%

    Date:2013/12/17

    Economic Daily citied figures of the General Administration of Customs reported that China imported a total of 77.8 million tonnes of iron ore in November, the highest in 2013. The import saw an increase of 10 million tonnes from October and is 18.3%...

  • Steel sector still facing profitability problems

    Date:2013/12/13

    Chinese steelmakers' profits will remain low next year as output remains high and demand growth slows, said industry experts. The ratings agency Moody's Investors Service said on Wednesday that its outlook for the Asian steel and coal secto...

  • Wisco earns new project in Papua New Guinea by suppling 18mm X70 grade welded pipe

    Date:2013/12/17

    Wuhan Iron and Steel Corp. (Wisco), a super large state-owned iron and steel producer in Wuhan, Hubei Province China has successfully developed 18mm X70 grade high frequency straight slit welded pipe to fulfill qualified international standard and be...

  • Jing Wei named as president of Shougang Group

    Date:2013/12/13

    Jin Wei has been appointed as president of Beijing-based state-owned Chinese steelmaker Shougang Group by the municipal government of Beijing, as announced by China’s Xinhua News Agency on December 11. Wang Qinghai was the previous incumbent.   ...

  • China Hebei province plans to reduce smog by slashing steel capacity

    Date:2013/12/16

    The Ministry of Environmental Protection has released figures on the air quality of 74 monitored cities nationwide for the first 10 months of this year. Over half of the ten most polluted Chinese cities were in Hebei province.The government agencies ...

  • Angang starts production at galvanized steel sheet facility

    Date:2013/12/13

    Liaoning Province-based Chinese steelmaker Anshan Iron and Steel Group Co. (Ansteel) has announced that the galvanized automotive sheet joint workshop established by its subsidiary Angang Steel Co. and Anshan-ThyssenKrupp Galvanized Steel Sheet Co. (...

  • China's average daily crude steel output decreases in late November

    Date:2013/12/16

    On December 9, the China Iron and Steel Association announced that in late November (Nov 21 to 30) this year the average aggregate daily crude steel output of large and medium sized steel enterprises in China totaled 1.709 million tonne, down 2.4% co...

  • WISCO’s DL05 steel wire rod reaches advanced international standard

    Date:2013/12/13

    Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Co. (WISCO) has announced that it has overcome several technical difficulties in the further development of its DL05 steel wire rod for application in cables, improving electrical c...

  • China to impose anti-dumping measures on alloy-steel pipe imports

    Date:2013/12/16

    China's Ministry of Commerce said that it will impose provisional anti-dumping cash deposits on imported alloy-steel pipes from the European Union, Japan and the United States.Effective from December 17, the cash deposits will range from 11.4% t...

  • China’s auto output up 14.34% in January-November

    Date:2013/12/12

    According to the latest data issued by the China Association of Automobile Manufacturers (CAAM) on December 10, in the January-November period of the current year China's automotive vehicle output and total automotive vehicle sales in its domest...

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