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Date:2013/11/13
Stockpiles of iron ore at 25 major Chinese ports declined last week as market participants showed strong willingness to trade, according to Tuesday's Xinhua-China iron ore index report.
At the end of the Nov. 5 to Nov. 11 period, inventories of ...
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Date:2013/11/11
Chinese steel giant Baosteel Group has announced that its BSSF (Baosteel slag short flow) roller slag processing technology and equipment with independent intellectual property rights will be used at the steel production facilities of Brazilian slab ...
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Date:2013/11/14
As of November 11, inventory of iron ore at 25 major Chinese ports amounted to 77.402 million mt, indicating a decrease of 418,000 mt or 0.54 percent week on week, as announced by China's Xinhua News Agency on November 12.
As of the same date, t...
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Date:2013/11/12
According to statistics, China’s imports of stainless steel scraps totaled 288,000 tons, falling by 3.4% year on year and decreasing by 14.4% from a month ago.In September, Japan was the largest stainless steel scrap exporter to China with 196,000 to...
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Date:2013/11/11
Inner Mongolia-based Chinese steelmaker Baogang said that its wire rod mill’s exports hit a monthly high in October.In October, the wire rod mill exported 47,387 tons of finished steel, accounting for 75.29% of its total output in the month.At the sa...
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Date:2013/11/14
On November 12, Jiangxi province-based Chinese steelmaker Xinyu Iron and Steel Co. announced that it plans to issue short-term bonds worth RMB 1.5 billion ($245.9 million) on November 15. This will be the company's second short-term bond issue i...
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Date:2013/11/12
According to the China Iron and Steel Association (CISA), the gross profits of large and medium-sized steel enterprises in China totaled RMB11.3 billion in January-September period. The gross profits to sales rate was at 0.41%, the lowest rating amon...
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Date:2013/11/11
Taiwanese China Steel Corporation (CSC) faces soft demand for electric furnace (EF) Al-killed wire rod that results in reducing orders in November after a sharp growth on local orders in the past five months. The market price of CSC’s EF Al-killed wi...
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Date:2013/11/12
According to data released by the Stainless Steel Council of China Special Steel Enterprises Association (SSC), the country’s crude stainless steel production totaled 13.66 million tons in January-September, rising by 19.8% year on year.Among them, t...
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Date:2013/11/11
New analysis has showed China's iron ore price will continue to drop in the fourth quarter of this year amid a fall in demand.
Demand has usually shrunk in the fourth quarter every year, especially in north China, and the corresponding slack sea...
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Date:2013/11/08
According to statistics from China Iron and Steel Association, 86 large and medium-sized steel mills had a combined profit of CNY 11.276 billion in the first nine months of this year. They had a profit of CNY 3.266 billion in September, hitting a yea...
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Date:2013/11/08
Moody's Investors Service said that that China's push to reduce steel capacity is credit positive for Asian steelmakers, although the timing and scope of the capacity cuts are uncertain.Mr Jiming Zou a Moody's Assistant Vice President ...
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Date:2013/11/08
Reuters reported that iron ore exports to China from Australia's Port Hedland, which handles about a fifth of the global seaborne market, rose 10% in October from September, setting a record and highlighting why massive work is under way to dig ...
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Date:2013/11/07
Holingol City of Inner Mongolia has officially signed MoU with Jiangsu Shengquan Special Alloy Materials Co. for the building of the new special aluminum alloy smelters with approx. 500,000 ton annual capacity.With total investment around CNY 5 billi...
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Date:2013/11/08
According to National Bureau of Statistics of China, the production volume of ferroalloys in September 2013 was 3.216 million tonnes up by 9.5% from 2.938 million tonnes of the prior month. In comparison with the year earlier month, it was also up by...
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Date:2013/11/06
On November 4, Chinese steelmaker Chongqing Iron and Steel Co., Ltd (Chongqing Steel) announced that in the January-October period this year it achieved a pig iron output of 4,822,900 mt, a crude steel output of 4,876,600 mt, a finished steel output ...
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Date:2013/11/08
On November 6, Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang Group) announced that in October this year its wire rod mill produced a total of 62,940 mt of finished steel, with small specifications amounting to 37,009 mt, ...
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Date:2013/11/06
On November 5, Sichuan Province-based Chinese state-owned steel producer Panzhihua Iron and Steel (Pangang Group) announced that in October this year its vanadium steel plant subsidiary Pangang Vanadium Steel Co. achieved a total heavy steel rail out...
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Date:2013/11/08
It’s reported that the transaction prices for rimmed wire rods have remained weak in the Taiwanese market recently even though the supply is limited.At present, the transaction prices for rimmed wire rods are at NT$20,700/ton in the Taiwanese market....
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Date:2013/11/06
As of November 4, inventory of iron ore at 25 major Chinese ports amounted to 77.82 million mt, indicating an increase of 1.29 million mt or 1.68 percent week on week, as announced by China's Xinhua News Agency on November 4,. As of the sam...