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  • China’s crude steel output to hit 768 million tons this year

    Date:2013/09/09

    According to data released by the National Bureau of Statistics (NBS), China’s crude steel production totaled 65.47 million tons in July, rising by 6.15% year on year.In July, the daily crude steel output averaged at 2.112 million tons, down slightly...

  • Baogang’s crude steel output down slightly in August

    Date:2013/09/06

    It’s reported that Inner Mongolia-based Chinese steelmaker Baogang announced that its output of pig iron, crude steel and finished steel totaled 834,500 tons, 887,700 tons and 859,700 tons in August, falling by 1.27%, 0.86% and 1.43% respectively fro...

  • China’s scrap imports fall obviously in July

    Date:2013/09/10

    According to statistics, China imported 282,000 tons of scraps in July, slumping by 30.9% year on year.Among them, 202,000 tons were from Japan, decreasing by 17.6% and 26,000 tons were from the US, slumping by 59.9%, both compared to the figures in ...

  • Chongqing Steel’s finished steel output up 20.64 percent in August

    Date:2013/09/09

    On September 5, Chinese steelmaker Chongqing Iron and Steel Co. (Chongqing Steel), a subsidiary of Chongqing Iron and Steel (Group) Co., announced that in August this year it produced 484,218 mt of finished steel, up 20.64 percent year on year and up...

  • MOC: Average finished steel price in China softens slightly

    Date:2013/09/05

    On September 4, China's Ministry of Commerce (MOC) announced that during last week (August 26-September 1) the average finished steel price in China indicated a decline of 0.1 percent week on week. In particular, in the given week average prices...

  • Tangshan Steel's annealed steel shipments up 45% in Jan-Aug

    Date:2013/09/10

    On September 9, Chinese steelmaker Hebei Iron and Steel Group announced that in the first eight months of the current year its subsidiary Tangshan Iron and Steel Co.'s shipments of annealed steel products totaled 348,000 mt, up 45 percent year o...

  • Qingdao Steel to sell Welmetal Group for RMB 213 million

    Date:2013/09/09

    Shandong Province-based Chinese steelmaker Qingdao Iron and Steel Group Co. has decided to sell Guangdong Province-based metals manufacturer and processor Welmetal Group for RMB 213 million ($34.8 million). Welmetal Group recorded respective net loss...

  • Baogang produces 887,700 mt of crude steel in August

    Date:2013/09/05

    On September 4, Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang Group) announced that in August this year its outputs of pig iron, crude steel and finished steel amounted to 834,500 mt, 887,700 mt and 859,700 mt, down 1.27 ...

  • NBS: China's PPI down 1.6% in August, CPI up 2.6%

    Date:2013/09/10

    In August of the current year, China's producer price index (PPI) decreased by 1.6 percent year on year and was up 0.1 percent month on month, according to data released by China's National Bureau of Statistics (NBS) on September 9. In the ...

  • Baosteel to raise tinplate prices for October shipment

    Date:2013/09/06

    According to information obtained by a source, Baoshan Iron & Steel (Baosteel) of China seems to have noticed on 26th to raise its domestic prices of steel tinplates by CNY 150 (USD 24) for October shipment to each customer. The company left its ...

  • Baosteel starts construction on 2,030 mm CR project at Zhanjiang

    Date:2013/09/05

    Major Chinese steelmaker Baosteel has announced that construction work on the 2,030 mm cold rolling project at its Zhanjiang steel production base started on September 3. The project in question includes one pickling unit, one annealing unit and two ...

  • China’s finished steel exports up 44.8 percent in August

    Date:2013/09/10

    In August this year, China exported a total of 6.14 million mt of finished steel, up by 44.8 percent year on year, with the monthly export volume thus exceeding 6 million mt for the first time since October 2008, as announced by the Chinese customs a...

  • Spot iron ore prices down slightly

    Date:2013/09/06

    It’s reported that the spot iron ore prices have dropped recently.At present, the spot prices of the Indian iron ore contain 63.5% Fe have decreased to US$138.25~US$139.25/ton CFR, down slightly by US$0.25/ton from the previous purchasing prices of U...

  • China's stainless crude steel output may exceed 25 million mt by 2020

    Date:2013/09/05

    On September 3, Li Cheng, the honorary chairman of the stainless steel branch of the China Special Steel Enterprises Association, stated that by 2020 China's output of stainless crude steel may exceed 25 million mt, while the country's appa...

  • China should be prepared for growing AD investigations - Expert

    Date:2013/09/09

    In past few years, EU speeded up to wage war against Chinese steel products as they maintained fighting against China’s decision to collect AD tariff on part steel pipe imported from Japan and Europe. Mr Wu Jiahuang senior consultant from China Socie...

  • China’s crude stainless steel expected to exceed 25 million tons by 2020

    Date:2013/09/06

    It’s reported that China’s crude stainless steel output is expected to exceed 25 million tons and the country’s apparent consumption of crude stainless steel may exceed 20 million tons by 2020, according to Mr. Li Cheng, the honorary chairman of the ...

  • China’s wire rod exports drop by 13.6% m-o-m in July

    Date:2013/09/05

    According to data released by China’s customs, China’s exports of wire rods totaled 600,498 tons in July, falling by 13.6% from a month ago but soaring by 53.4% year on year.In July, Korea, Thailand and Malaysia were the three largest importers of th...

  • Chinese steel industry on red alert

    Date:2013/09/06

    Reportedly, China's iron and steel industry is on red alert. Profits have plunged by over capacity and fierce competition, moreover, the level of pollution is severely rising.According to China Iron and Steel Association that nearly half of its ...

  • Baosteel subsidiary to supply 690U tubes to Dongfang Heavy Machinery

    Date:2013/09/05

    Chinese steelmaker Baosteel has announced that its subsidiary Baoyin Special Steel has signed a supply contract with Guangzhou-based Dongfang Heavy Machinery Co. worth over RMB 200 million ($32.7 million). Accordingly, Baoyin Special Steel will suppl...

  • WISCO to supply steel for Chongqing railway bridge project

    Date:2013/09/04

    On September 2, Hubei Province-based Chinese steelmaker Wuhan Iron and Steel Co. (WISCO) announced that it will supply structural steel for use in bridge construction within the scope of the Chongqing Xinbaishatuo double-deck railway bridge project. ...

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