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Date:2013/09/17
Hunan Province-based Chinese steelmaker Hengyang Valin Steel Tube Co. (Hengsteel), a subsidiary of Hunan Valin Iron & Steel Group Co., has announced that the opening ceremony for its own wholly-owned Singapore-based subsidiary Valin Hengyang (Sin...
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Date:2013/09/23
Bloomberg reported that Charter rates for the largest iron ore carrying ships reached a 33 month high on rebuilding of inventories in China, the world’s biggest importer of the steelmaking raw material.According to the Baltic Exchange, hire rates for...
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Date:2013/09/18
Inner Mongolia-based Baotou Steel develops about 1 million tonnes of new products to date. As of the end of August, new products output came to 821,400 tonnes.26 new seamless steel products have been developed with output of 81,000 tonnes until now, ...
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Date:2013/09/17
On September 16, Chinese steelmaker Hebei Iron and Steel Group announced that in the January-August period of the current year its Zhangjiakou, Hebei-based subsidiary Xuanhua Steel sold 1.08 million mt of long steel, including rebar and wire rod, up ...
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Date:2013/09/23
Stockpiles of iron ore at 25 major ports in China rose slightly last week, up almost 1% to 74 million tonnes from the previous week ahead of holidays in China.Chinese markets will close on September 19th and 20th 2013 for the mid Autumn festival and ...
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Date:2013/09/18
China Metallurgical Corporation (MCC) reported that Lianfeng Energy Equipment Co who is a subsidiary of Yonggang Group has initiated a new large diameter steel round bar production line for expansion.This new project which design to produces enhanced...
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Date:2013/09/17
Qinghai Province-based Chinese steelmaker Xining Special Steel Co. has announced that it has suspended its plan for a non-public offering of its shares against the background of sluggish demand in the steel markets and negative conditions in the Chin...
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Date:2013/09/18
Reportedly, Taigang Stainless, the largest stainless steel producer in China is targeting to produce 4 million tons in 2014.It’s learned that Taigang Stainless planned to produce 3.4 million tons this year, half of them will be ferritic grades and th...
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Date:2013/09/16
Xinhua reported that it might sound ridiculous for a steelmaker to raise pigs, but Chinese steelmaking firms are showing unprecedented interest in non-steel businesses to cope with the challenge of low profits amid a downturn.Non-steel business turno...
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Date:2013/09/16
Shandong Province-based Chinese steelmaker Shandong Iron and Steel Group Co. announced on September 12 that it plans to issue medium-term notes worth RMB 2 billion ($326.8 million) on September 22-23. The notes in question will mature within three ye...
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Date:2013/09/16
Reuters reported that Chinese steel futures fell for a fourth straight session to a six-week low on Friday on concerns of slackening demand in the world's largest consumer, while iron ore prices steadied near their lowest levels in about a month...
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Date:2013/09/16
On September 13, Sichuan Province-based Chinese state-owned steel producer Panzhihua Iron and Steel (Pangang Group) announced that in August this year its Sichuan-based subsidiary Chengdu Plate Co. produced 6,030 mt of color coated plate, which const...
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Date:2013/09/13
According to data released by the China Iron and Steel Association (CISA) on September 12, as of the end of August (August 31), the composite steel price index (CSPI) for the Chinese domestic market was at 102.11 points, up 1.63 points or 1.62 percen...
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Date:2013/09/16
According to data released by Taiwan’s Ministry of Finance, the country’s export values of iron and steel and articles made from iron and steel totaled US$1.45 billion in August, increasing by 7.6% year on year and remaining flat from July.Meanwhile,...
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Date:2013/09/12
It is reported that Baotou Steel exported 810,000 tonnes of steel products in the first eight months of 2013, up 18% year on year and helping to earn 480 million USD of sales income.
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Date:2013/09/16
On September 9, Jiangsu Province-based Lianfeng Energy Equipment Co., a subsidiary of Jiangsu Yonggang Group Co., has successfully commenced operations at its new large diameter steel round bar production line, as reported by Beijing-based state-owne...
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Date:2013/09/12
It might sound ridiculous for a steelmaker to raise pigs, but Chinese steelmaking firms are showing unprecedented interest in non-steel businesses to cope with the challenge of low profits amid a downturn.
Non-steel business turnover of China's ...
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Date:2013/09/16
It’s reported that Chinese steelmaker Baosteel announced to raise its domestic prices for October.Baosteel remained its hot rolled coil prices flat but cut its preferential discount of RMB100/ton, making the prices rise.Meanwhile, the company increas...
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Date:2013/09/12
It is reported that Hebei Steel Xuanhua Steel successfully realized massive production of HRB400E, HRB500E, HRB400E and HRB500E rebar and sold 2215 tonnes of them. This helped Xuanhua Steel to capture more market shares.
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Date:2013/09/13
The Electromechanical Company of China First Metallurgical Construction Group declared that, the No. 1 Cold-rolled Tin-plate Production Line manufactured for Wuhan Steel Works was successfully put into commissioning on September 5th 2013.This line is...