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Date:2013/09/12
On September 11, China's Ministry of Commerce (MOC) announced that during last week (Sept 2-8) the average finished steel price in China was unchanged week on week.
In particular, in the given week average prices of 16 mm round bar, 1 mm cold ro...
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Date:2013/09/13
Reportedly, iron ore inventory at 25 major Chinese ports totaled 74.268 million tons as of September 9, declining 0.66% or 490,000 tons from the previous week.According the Xinhua-China Iron Ore Price Index as of the same date, China's imported ...
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Date:2013/09/12
On September 10, Anhui Province-based Chinese steelmaker Maanshan Iron and Steel Co. (Masteel) announced that it plans to issue short-term bonds worth RMB 1.5 billion ($245 million) on September 13. The bonds, which are the first short-term bonds to ...
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Date:2013/09/13
It’s reported that the Chinese steelmaker Shagang announced to cut its rebar ex-work prices by RMB30/ton for deliveries in September 11-20 period.Also, this is the first time that the company cuts rebar prices since early June.After adjustment, its p...
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Date:2013/09/12
China Metallurgical Group Corporation (MCC) referred that Zhongyang Iron and Steel Co has commissions its subsidiary based Shanghai Baoye Co to conduct completed hot load tests on upgrading steel production plant.This project will mainly to modify co...
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Date:2013/09/13
On September 12, Sichuan Province-based Chinese miner Panzhihua Iron and Steel Mining Company (Pangang Mining Co.), a subsidiary of Pangang Group, announced that in the January-August period of the current year it produced 8.0691 million mt of iron o...
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Date:2013/09/11
In August this year, China's overall value-added industrial output increased by 10.4 percent year on year, with the growth rate in question up 0.7 percentage points compared to the year-on-year increase rate recorded in July, as announced by Chi...
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Date:2013/09/13
On September 11, Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang Group) announced that its plan for a corporate bond issue has been approved by the China Securities Regulatory Commission (CSRC). The steel producer plans to ...
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Date:2013/09/11
Successful hot load tests have been carried out on the upgraded steel production facilities of Shanxi Province-based Chinese steelmaker Zhongyang Iron and Steel Co., as announced by Beijing-based state-owned China Metallurgical Group Corporation (MCC...
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Date:2013/09/11
As of September 9, inventory of iron ore at 25 major Chinese ports amounted to 74.268 million mt, indicating an decrease of 490,000 mt or 0.66 percent week on week, as announced by China's Xinhua News Agency on September 10. As of the same ...
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Date:2013/09/11
According to data released by China Iron and Steel Association (CISA), its steel enterprise members’ daily crude steel output averaged at 1.7402 million tons in last 10 days of August, rising by 0.7% from the previous 10 days.Therefore, it’s estimate...
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Date:2013/09/11
It’s reported that the spot iron ore prices dropped by US$2.75/ton last week.At present, the spot prices of the Indian iron ore fines contain 63.5% Fe to China are at US$134.75~US$135.75/ton CFR, lower than US$136.25~US$137.25/ton CFR in a week ago.
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Date:2013/09/09
Reuters reported that Chinese steel futures fell to their lowest levels in a month on Friday with traders and end-users cautious about market conditions amid strong stockpiles of key raw material iron ore.The most traded steel rebar contract on the S...
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Date:2013/09/11
According to data released by China Customs, China’s exports of finished steel totaled 6.14 million tons in August, soaring by 44.8% year on year.Meanwhile, the country’s imports of finished steel were at 1.23 million tons, rising by 2.5% in comparis...
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Date:2013/09/09
It is reported that Meishan Steel has recently produced more than 40 tonnes of 80kg high strength steel with thickness of 6.43mm, which is mainly applied to petroleum pipeline filed.
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Date:2013/09/06
The fastest Chinese steel output on record is still too slow to meet demand from builders, reducing inventories and driving prices toward a bull market. Production of steel reinforcement bars rose 14 percent to 113 million metric tons in the first se...
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Date:2013/09/10
Hebei Steel announced on September 3 to revise up coke purchase price by CNY 50 per tonne following a previous rise of CNY 30 per tonne on August 6.After adjustment, the procurement price of the steelmaker's subsidiaries including Tangshan Steel...
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Date:2013/09/09
China's imports of crude oil, iron ore, copper and soybeans fell in August from July's record highs, but shipments stayed at elevated levels as manufacturing activity in the world's second-largest economy gains pace.Headline trade data...
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Date:2013/09/06
According to the Hebei Metallurgical Industry Association, in the first half of the current year, the average net profit registered by the steel industry in China's Hebei Province was RMB 32.03 ($5.23) per metric ton of steel produced - down by ...
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Date:2013/09/10
It’s reported that Feng Hsin, one of the major steel long product manufacturers in Taiwan announced to cut its rebar prices by NT$200/ton to NT$17,900/ton for this week.It’s learned that the company’s price cut was affected by falling scrap prices in...