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  • China's finished steel exports down 4.47 percent in September

    Date:2013/10/15

    In September this year, China exported a total of 4.92 million mt of finished steel, down by 4.47 percent year on year and down by 1.22 million mt month on month, as announced by the Chinese customs authorities on October 12. Meanwhile, China's ...

  • Iron Road updates CEIP price adjusted CFR China iron ore cost curve

    Date:2013/10/14

    Iron Road Limited announced following its recent Definitive Feasibility Study Update (October 1st 2013) an estimate of operating costs for the Central Eyre Iron Project. Pending completion of the DFS by December 2013, it is expected that the operatin...

  • China's total foreign trade value up 7.7 percent in Jan-Sept

    Date:2013/10/15

    In the first three quarters of this year, China's total foreign trade value amounted to $3.06 trillion, up 7.7 percent year on year, as announced by the Chinese customs authorities. China's total export value in the given period reached $1....

  • Sinosteel and Hansteel Group inks strategic cooperation agreement

    Date:2013/10/12

    On September 27, the signing ceremony of Sinosteel and Hansteel Group Strategic Cooperation Agreement and for cooperation in iron ore and steel products business was held in Sinosteel headquarters.As per the Agreement, both parties will further stren...

  • Ansteel issues estimated net profit of RMB 765 million for Jan-Sept

    Date:2013/10/15

    Liaoning Province-based Chinese steelmaker Anshan Iron and Steel Group Co. (Ansteel) has announced its estimated financial results for the first three quarters of the current year. Accordingly, for the first nine months this year the company has...

  • Hebei Steel Successfully Develop Stainless Steel Clad Plate

    Date:2013/10/12

    At present, Central Iron & Steel Research Institute affiliated to Hebei Iron & Steel Group (Hebei Steel) successfully developed stainless steel clad plate. Upon testing, all properties of this product have met international standard.Stainless...

  • Chongqing Steel successfully reduces costs by recycling sinter

    Date:2013/10/12

    Chinese steel producer Chongqing Iron and Steel (Group) Co. has stated that, six months after commissioning, its project for the recycling of sinter of small grain size from blast furnaces has proved to be a success. The recycling is expected to redu...

  • Taiwanese YC Inox's Q3 sales revenue to drop slightly

    Date:2013/10/15

    YC Inox, one of the major stainless steel welding pipe makers and stainless steel flat service centers in Taiwan said that its consolidated sales revenue in this September was NT$2.001 billion which has increased little bit than NT$1.978 billion in A...

  • Construction starts on 1.5 million mt capacity coking project in Shanxi

    Date:2013/10/12

    Construction has officially started on Shanxi Province-based Chinese company Maosheng Coalification Group Co.'s new coking project, as reported by Beijing-based state-owned China Metallurgical Corporation (MCC) on October 10. The construction wo...

  • Ansteel Mining targets annual iron ore output capacity of 220 million mt

    Date:2013/10/12

    On October 11, Liaoning Province-based Chinese steelmaker Angang Steel Group Co. (Ansteel) has announced that its will focus on developing its mining subsidiary to the scale of a world-class mining company, thereby increasing its advantage in the raw...

  • Baosteel leaves coil prices flat for November

    Date:2013/10/12

    The Chinese steelmaker Baosteel announced to remain its domestic coil prices unchanged for November.It’s learned that the company decided to keep its prices for hot rolled and cold rolled carbon steel products unchanged for November.However, it offer...

  • Macroeconomic indicators - US and China tussle for trade dominance

    Date:2013/10/11

    The United States on Tuesday intensified its drive to clinch an ambitious Asia-Pacific trade pact by the end of the year, raising China's hackles at a regional summit in Indonesia.The Asia-Pacific Economic Cooperation event, at a five-star resor...

  • Shagang cuts HRC prices for October

    Date:2013/10/10

    It’s reported that the Chinese steelmaker Shagang announced to cut domestic prices for hot rolled coils by RMB200/ton for October.Also, the company reduced its domestic prices for steel plates by RMB150/ton for October.After the adjustment, the compa...

  • Baogang to issue short-term bonds worth RMB 2.5 billion

    Date:2013/10/11

    On October 9, Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang Group) announced that it plans to issue short-term bonds worth RMB 2.5 billion ($408 million) on October 15. The bonds, which are the first short-term bonds to b...

  • Iron ore prices pressured by supply softer China steel market

    Date:2013/10/09

    Reuters reported that greater supply of iron ore and a subdued Chinese steel market may weigh on prices for the steelmaking raw material when China reopens after a week long holiday.Trading in both iron ore physical and swaps markets remained thin a ...

  • Hebei Steel visited China Juli Group rigging company

    Date:2013/10/08

    It is reported that Chinese steel giant Hebei Steel Group visited Rigging Company of China Juli Group in a bid to extend cooperation in terms of high-end hard wire and round steel.China Juli Group, located in Xushui county, Baoding city, Hebei provin...

  • TISCO achieves annual investment target for Shanxi ahead of schedule

    Date:2013/10/11

    Shanxi Province-based Chinese steelmaker Taiyuan Iron and Steel Co. (TISCO) has announced that in the January-August period this year its overall investments in major projects in Shanxi amounted to RMB 7.822 billion ($1.28 billion), exceeding its ful...

  • Taiwanese Feng Hsin leaves rebar prices flat for this week

    Date:2013/10/08

    Feng Hsin, one of the major steel long product manufacturers in Taiwan announced to remain its list prices for rebar, section steel and scraps unchanged for this week.After the adjustment, its list prices for rebar are at NT$17,600/ton; those for sec...

  • Not quite so Diversifieds pin hopes to iron ore and China

    Date:2013/10/09

    Mineweb reported that record export figures from Western Australia's Port Hedland suggest iron ore miners BHP Billiton, Fortescue Metals and Atlas Iron are set to report strong quarterly earnings in the coming two weeks.The port authority publis...

  • Chongqing Steel’s finished steel output up 42 percent in Sept

    Date:2013/10/11

    Chinese steel producer Chongqing Iron and Steel (Group) Co. has announced that in September this year its subsidiary Chongqing Iron and Steel Co. (Chongqing Steel) produced 429,700 mt of finished steel, up 42 percent year on year. In the first nine m...

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