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Date:2013/12/05
Chinese shipyards are catching up in the quality race on shipbuilding, in particular on the more specialised vessels for the booming offshore marine market, according to ABB, power and automation technology group.Birger Myklebust, vice president, mer...
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Date:2013/12/11
In China, nickel pig iron occupies 60% of nickel consumption; China has become the world's biggest producer of nickel pig iron.It’s learned that China's nickel importers are negotiating 2014 term deals with Indonesian suppliers whether they...
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Date:2013/12/09
Hubei Province-based Chinese steelmaker Wuhan Iron and Steel Group Corp. (WISCO) has announced that it has supplied a small trial batch of galvanized steel sheet for application in car side panels, produced at its cold rolled sheet plant in Wuhan, to...
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Date:2013/12/05
Spot iron ore jumped to a three-month high above $138 a tonne, spurred by Chinese mills replenishing winter supplies and traders anticipating further price gains amid a better outlook for the economy.Shanghai steel futures rose to their highest in se...
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Date:2013/12/11
According to report, China’s ferrochrome import prices and charge chrome prices remained flat last week as demand remains slow due to market uncertainty. The spot price for high carbon ferrochrome from India (58~60% Cr) was 84~85 cents/lb. CIF China ...
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Date:2013/12/09
Chongqing-based Chinese automaker Changan Automobile Co. and Chinese steel giant Baosteel Group have established a joint auto steel laboratory to carry out research and development on auto steel products, as announced by Baosteel Group on December 5....
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Date:2013/12/05
In November this year, China’s overall rail freight volume totaled 317.57 million mt, up by 9.96 million mt or 2.8 percent year on year, with the year-on-year growth rate down 4.6 percentage points compared to that recorded in October this year, as a...
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Date:2013/12/10
On December 9, the China Iron and Steel Association (CISA) announced that in late November (Nov. 21-30) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.709 million mt, down 2.4 p...
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Date:2013/12/09
It’s reported that the Chinese steelmaker Wuhan Iron and Steel (Group) Corp. (Wisco) said that its 30CrMo hot rolled medium-high carbon alloy tool steel strip produced at its cast steel plate plant met the national quality standards.The thickness of ...
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Date:2013/12/05
Zhang Changfu, vice president of the China Iron and Steel Association (CISA), has stated that in the January-October period this year China’s crude steel output amounted to 652 million mt, equivalent to an annualized crude steel output of 783 million...
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Date:2013/12/04
CITIC Pacific's first shipment of iron ore has set sail from the company's $8 billion Sino Iron project in Western Australia, according to a statement from the company on Monday.
The shipment will head to CITIC Pacific's special steel ...
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Date:2013/12/05
As of December 2, inventory of iron ore at 25 major Chinese ports amounted to 83.77 million mt, indicating an increase of 2.66 million mt or 3.28 percent week on week, as announced by China's Xinhua News Agency on December 2. As of the sa...
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Date:2013/12/04
On December 2, Chinese steelmaker Chongqing Iron and Steel Co. (Chongqing Steel), a subsidiary of Chongqing Iron and Steel (Group) Co., announced that 141 million unrestricted tradable shares of the company (representing 3.79% of its total share capi...
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Date:2013/12/02
On November 28, Gansu Province-based Chinese steelmaker Jiuquan Iron and Steel Group Co. (JISCO) announced that it plans to issue medium-term notes worth RMB 3.8 billion ($622.9 million) on December 5. This will be the company’s first medium-term not...
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Date:2013/12/04
It’s reported that the world's second largest steel group, China's Hebei Iron and Steel reported its first nine months net profit in 2013 dropped by 68.17% year on year.The company said the main attributes are the sluggish steel market dema...
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Date:2013/12/02
On November 29, major Chinese steelmaker Hebei Iron and Steel Group announced that its subsidiary Hebei-based Wuyang Iron and Steel Co. (Wuyang Steel) has extended its cooperation agreement with Beijing-based Chinese oil and gas company China Petrole...
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Date:2013/12/04
The Chinese steelmaker Shagang announced to leave its ex-work prices for most hot rolled coils unchanged for December, except a rise of RMB50/ton on SPHC grade HRC.After the announcement, the prices for Q235 HRC with thickness of 5.5mm are at RMB3,55...
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Date:2013/12/02
In an effort to curb the overcapacity and air pollution problem, China's central government has started to crack down the inefficient steel mills in the province of steel in the Chinese Hebei Province by beginning to shut down 10 blast furnaces ...
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Date:2013/12/04
It’s reported that the Chinese steelmaker Shagang announced to raise its rebar prices by RMB80/ton for deliveries over December 1-10After the adjustment, its prices for HRB400 rebar with diameters of 16mm-25mm are at RMB3, 760/ton those for HPB300 wi...
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Date:2013/12/02
According to data released by the China Iron and Steel Association (CISA), the crude steel output of large and medium-sized steel enterprises totaled 1.75 million tons in the mid-November, down by 0.7% from the previous 10 months.In the given period ...