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Date:2013/09/05
According to local sources, the stainless steel product stocks totaled 173,911 tons in the second half of this year, rising by 5.33% from the previous 15 days.Among them, 84,675 tons were cold rolled stainless steel products, rising by 3.96% and 89,2...
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Date:2013/09/04
On September 2, Chongqing-based Chinese steelmaker Chongqing Iron and Steel Co. (Chongqing Steel) stated that it expects to record a net loss estimated at RMB 2.492 billion ($407.2 million) in the current year, while it has predicted an operating rev...
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Date:2013/09/03
China's purchasing managers' index (PMI) for its domestic manufacturing sector was at 51.0 percent in August this year, up 0.7 percentage points compared to July and above 50 percent for the 11th consecutive month, according to the figures ...
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Date:2013/09/04
As of September 2, inventory of iron ore at 25 major Chinese ports amounted to 74.75 million mt, indicating an increase of 132,000 mt or 1.75 percent week on week, as announced by China's Xinhua News Agency on September 3.
As of the same date, t...
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Date:2013/09/03
China's Ministry of Commerce (MOC) and General Administration of Customs have announced the cancellation of license requirements for importing certain products, including finished steel, steel scrap, aluminium scrap, copper products, copper scra...
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Date:2013/09/04
Chinese steel giant Baosteel Group plans to sell its 40 percent stake in Jiading,Shanghai-based steel company Shanghai Jiayi Cold-formed Section Steel Factory, as announced by Shanghai-based integrated market platform Shanghai United Assets and Equit...
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Date:2013/09/02
On August 28, 2013, Taiyuan Steel announces to raise HR coil ex-works prices by 100 yuan per tonne on the basis of July 29 price change. After adjustment, SS400 5.75mm*1500*C HR coil ex-works price hit 3200 yuan per tonne (3744 yuan per tonne includi...
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Date:2013/09/04
According to data released by China’s Customs, the country’s exports of seamless steel pipes totaled 410,197 tons in July, falling by 4% from a month ago and rising by 13% year on year.In the first seven months of this year, the country’s exports of ...
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Date:2013/09/02
Jiangsu Province-based Chinese steelmaker Shagang Group has recently issued its financial results for the first half of the current year.
Accordingly, the company's net profit for the given period totaled RMB 8.806 million ($1.44 million), indic...
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Date:2013/09/03
China's iron and steel industry is looking down the abyss. Plagued by over-capacity and high competition, profits have plunged. Compounding the problem is a severe rise in levels of pollution.
This blast furnace cost around 60 million yuan and t...
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Date:2013/09/02
On August 29, Chongqing-based Chinese steelmaker Chongqing Iron and Steel Co announced that in the first half of this year, its operating revenue totaled RMB 9.29 billion (USD 1.52 billion), down 9.6% year on year.Meanwhile, the net loss in given per...
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Date:2013/09/03
According to report, China’s ferrochrome import spot price for high carbon ferrochrome from India dropped further to 83~85 cents/lb to China, a small decline from one week earlier due to the depreciation of rupee. Currently the imported ferrochrome p...
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Date:2013/09/02
On August 29, Liaoning Province based Chinese steelmaker Anshan Iron and Steel Group Co has announced its financial report for the first half of the current year.Accordingly, in the given period the company's operating revenue totaled RMB 36.9 b...
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Date:2013/09/03
Reportedly, the Chinese steelmaker Shagang issued its prices for hot rolled coils (HRC) and plates for September.The company decided to raise its list prices for HRC by RMB50/ton, making its prices for Q235 HRC with sizes of 5.5mm x 1,500mm and 3.0mm...
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Date:2013/09/02
It’s reported that Yieh United Steel Corp. (Yusco), one of the major stainless steel producers in Taiwan released its list prices for September on August 29th.The company decided to hike its list prices for 300 grades stainless steel products by NT$4...
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Date:2013/09/03
In August this year, the purchasing managers' index (PMI) of China's steel sector increased to 53.4 percent, up 0.9 percentage points month on month, as announced by the China Steel Logistics Committee (CSLC) which is part of the China Fede...
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Date:2013/09/02
It’s reported that the Taiwanese steel pipe producers announced to hike list prices by NT$800~NT$1,300/ton for September in order to reflect higher input costs.It’s learned that Chung Hung Steel, the major upstream material suppliers to steel pipe ma...
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Date:2013/09/03
On September 2, Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group announced that in the January-July period of the current year its Zhangjiakou city, Hebei-based subsidiary Xuanhua Steel sold 924,423 mt of finished steel products in ...
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Date:2013/08/30
According to the latest statistics released by the Ministry of Railway, China's fixed asset investments in the railway sector rose 16% year on year to RMB 261.7 billion in the first seven months of this year.Investment in railway infrastructure ...
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Date:2013/08/30
On August 28, Hunan-based Chinese steelmaker Valin Group announced the financial results of its subsidiary Hunan Valin Iron & Steel Co. (Hunan Valin Steel) for the first half of the current year.
In the first half, Hunan Valin Steel registered a ...