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  • China’s fixed asset investments up 19.9 percent in Jan-Nov

    Date:2013/12/12

    In the January-November period of the current year, China's total fixed asset investments (excluding rural households) amounted to RMB 39.1283 trillion ($6.41 trillion), up 19.9 percent year on year, with this growth rate down 0.2 percentage poi...

  • Iron ore inventory trends up at Chinese ports

    Date:2013/12/12

    As of December 9, inventory of iron ore at 25 major Chinese ports amounted to 84.819 million mt, indicating an increase of 1.049 million mt or 1.25 percent week on week, as announced by China's Xinhua News Agency on December 10.   As of the...

  • China’s total foreign trade value up 7.7 percent in Jan-Nov

    Date:2013/12/10

    On December 8, China's General Administration of Customs announced that in the first 11 months of the current year China's total foreign trade value amounted to $3.77049 trillion, up 7.7 percent year on year. China's total export value...

  • MOC: Average finished steel price in China edges up slightly

    Date:2013/12/12

    China's Ministry of Commerce (MOC) has announced that during last week (December 2-8) the overall average finished steel price in China increased by 0.1 percent week on week.   In the given week, the average prices of 500 mm x 200 mm H-sect...

  • NBS: China’s PPI down 1.3% in November, CPI up 3.0%

    Date:2013/12/10

    In November of the current year, China's producer price index (PPI) decreased by 1.4 percent year on year and was unchanged month on month, according to data released by China's National Bureau of Statistics (NBS). Meanwhile, in November Ch...

  • MOC: Average finished steel price in China moves sideways

    Date:2013/12/06

    China's Ministry of Commerce (MOC) has announced that during last week (Nov. 25- Dec.1) the overall average finished steel price in China remained unchanged week on week.   In the given week, average prices of 12 mm diameter rebar and 16 mm...

  • Meager China steel profits in 2014: Moody's

    Date:2013/12/12

    Profitability of Chinese steel companies will remain thin in 2014 as it takes time to reduce supply to a level more in line with demand, rating agency Moody's Investors Services said Wednesday in an industry report. China is the world's big...

  • China’s finished steel exports up 12 percent in Jan-Nov

    Date:2013/12/10

    In November of the current year, China's finished steel exports amounted to 5.00 million mt, down 70,000 mt month on month and down 2.53 percent year on year, as announced by the Chinese customs authorities on December 8. In the January-November...

  • Pangang Mining posts strong iron ore concentrate output for Jan-Nov

    Date:2013/12/06

    On December 5, Sichuan Province-based Chinese miner Panzhihua Iron and Steel Mining Company (Pangang Mining Co.), a subsidiary of Pangang Group, announced that in the January-November period of the current year it produced 11.1046 million mt of iron ...

  • Stainless steel stocks fall in Chinese Wuxi market

    Date:2013/12/12

    According to data from local sources, the stocks of stainless steel products totaled 169,955 tons in the second half of November, decreasing by 4.51% from the previous 10 days.Among them, 69,270 tons were cold rolled stainless steel products, falling...

  • Hebei Steel’s Yanshan mine sees record iron ore concentrate output

    Date:2013/12/10

    Chinese steel producer Hebei Iron and Steel Group has announced that in November this year the Yanshan iron ore mine of its subsidiary Hebei Iron and Steel Group Mining Co. achieved an average daily iron ore concentrate output volume of 5,357 mt, con...

  • WISCO produces 1.4 mm medium-high carbon alloy tool steel strip

    Date:2013/12/06

    Chinese steel producer Wuhan Iron and Steel (Group) Corp. (WISCO) has stated that 30CrMo hot rolled medium-high carbon alloy tool steel strips produced at its cast steel plate (CSP) plant in Wuhan have met national quality standards. The thickness of...

  • China’s value-added industrial output up 9.7 percent in Jan-Nov

    Date:2013/12/11

    In November this year, China's overall value-added industrial output increased by 0.76 percent month on month and by 10.0 percent year on year, with the year-on-year growth rate in question down 0.3 percentage points compared to that recorded in...

  • Baogang’s finished steel exports up 19 percent in Jan-Nov

    Date:2013/12/09

    On December 4, Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang Group) announced that in November this year its outputs of pig iron, crude steel and finished steel amounted to 805,800 mt, 859,700 mt and 800,900 mt respective...

  • Steel mills need huge upgrades

    Date:2013/12/06

    General Electric sees "tremendous upgrade opportunities" in China's steel industry, the world's largest, as more mills are revamping their facility to become more efficient and environmentally friendly. The US giant expects Chinese mills, f...

  • WISCO inks investment deal for metallurgical park project in Anhui

    Date:2013/12/11

    On December 9, Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Co. (WISCO) announced that it has concluded an investment agreement with the local government of the county of Huoqiu in China's Anhui Province.  Accordingl...

  • Steel consumption estimated at 693m tons in '13

    Date:2013/12/09

    China's crude steel consumption for 2013 is estimated at 693 million tons and it is expected to grow 3.2 percent year-on-year to reach 715 million tons in 2014, an industry expert said on Friday. Given China's current production capacity, t...

  • Chinese stainless steelmakers yet announce December prices

    Date:2013/12/06

    It’s reported that Taigang Stainless and Baosteel Stainless, two major stainless steel producers in China were yet announce December prices for domestic market.An official of Baosteel said that the company might release price next week while Taigang ...

  • China’s exports of steel products fall in November

    Date:2013/12/11

    According to data released by China’s Customs, the country’s exports of steel products totaled 5 million tons in November, decreasing by 2.53% year on year and falling by around 70,000 tons from October.In November alone, the country’s imports of ste...

  • Bengang Steel Plates to swap assets with parent company

    Date:2013/12/09

    Liaoning Province-based Chinese steelmaker Bengang Steel Plates Co. (Bengang Steel Plates), a subsidiary of Benxi Iron and Steel (Group) Co. (Bengang Group), announced on December 3 that it plans to swap assets with its parent company Bengang Group i...

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