-
Date:2013/08/02
It’s reported that the spot iron ore prices have continued falling recently. At present, the prices of spot iron ore fines contain 63.5% Fe to China are at US$131.25~US$132.25/ton CFR, decreasing by US$0.5/ton from the previous purchasing prices of U...
-
Date:2013/08/05
In July this year, the purchasing managers' index (PMI) of China's steel sector increased to 52.5 percent, exceeding 50 percent for only the second time since February this year, as announced by the China Steel Logistics Committee (CSLC) wh...
-
Date:2013/07/31
China's Ministry of Commerce (MOC) has announced that during last week (July 22-28) the average steel price in China rose by 0.2 percent compared to the previous week.
In particular, in the given week in China prices of 12 mm rebar and 6.5 mm hi...
-
Date:2013/08/02
China's steel demand is expected to remain weak in the second half. This puts further pressure on steel mills struggling to control the red ink.
Industry figures show that 86 steelmakers made a total loss of 669 million yuan, or $109 million in ...
-
Date:2013/08/05
In July this year, the average prices of residential housing in 100 major cities in China rose by 0.87 percent compared to June, rising to RMB 10,347 per square meter, as announced on August 1 by the China Index Academy, a Beijing-based real estate r...
-
Date:2013/07/31
In the current year, the Chinese domestic steel sector has continued to struggle against a background of increasing steel outputs of mills, high finished inventory levels at mills and traders, low steel prices, the imbalance between supply and demand...
-
Date:2013/08/02
Oversupply in China's steel market will likely continue in the second half of the year if production is not brought under control, an industry group said, after slowing demand and falling prices pushed the sector into the red.
National crude ste...
-
Date:2013/07/31
Since this year, domestic steel market has long been plagued by sustained lackluster and complexity, to cope with this situation, Laiwu Steel made full round of efforts to explore more market shares, fortunately, its section steel business bring in C...
-
Date:2013/08/01
The authorities are drawing up plans to resolve the steel industry's severe oversupply, an official at the China Iron and Steel Association said.
The plans are to improve the sector's competitiveness by eliminating obsolete capacity, upgrad...
-
Date:2013/07/31
Wuhan Iron and Steel(Wisco), a large reputable Chinese state owned iron and steel complex has planned to initiate cold rolled production mill at its Fangchenggang iron and steel base site in Guangxi Province for expansion.This project is mainly to fo...
-
Date:2013/07/31
The Japanese stainless scrap suppliers hiked purchasing prices for August but the price rise was unfavorable to stainless producers due to sluggish demand and production reduction in summer.It’s learned that some scrap suppliers in Kyushu region incr...
-
Date:2013/07/30
China will shut down 9.75 million metric tons of outdated iron and steel production capacity, the Ministry of Industry and Information Technology said in a statement late Thursday.The ministry said that the government has been on a campaign to upgrad...
-
Date:2013/07/30
On July 29, Gansu-based Chinese steelmaker Jiuquan Steel Group (JISCO) announced that it will issue its second tranche of short-term bonds for the current year on July 31, worth a total value of RMB 4.5 billion ($0.73 billion), for a term of 365 days...
-
Date:2013/07/29
According to data released by the National Bureau of Statistics (NBS), China’s output of seamless steel pipes totaled 2.853 million tons in June, hitting a new record high.In June, the daily output of seamless pipes averaged at 95,100 tons, rising by...
-
Date:2013/07/30
According to data released by China Iron and Steel Association (CISA) on July 29, in mid-July (July 11-20) this year the average aggregate daily crude steel output of its member enterprises in China totaled 1.7184 million mt, up 1.4 percent compared ...
-
Date:2013/07/29
Iron ore entered a bull market after China replenished inventories and boosted steel output. Ore with 62 percent iron content delivered to Tianjin gained 0.4 percent to $132.60 a ton, the highest since April 30, according to data from The Steel Index...
-
Date:2013/07/30
On July 26, Hubei Province-based Chinese steelmaker Wuhan Iron and Steel Co. (WISCO) started construction work on cold rolling production facilities at its Fangchenggang iron and steel base project in Guangxi Province, according to local media source...
-
Date:2013/07/29
In the first six months of the current year, China's overall fixed asset investments in its highways and waterways totaled RMB 599.6 billion ($97.77 billion), up 9.2 percent year on year, as announced by China's Ministry of Transport (MOT) ...
-
Date:2013/07/30
In the first half of this year, the aggregate gross profits of large and medium-sized industrial enterprises in China amounted to RMB 2.58366 trillion ($419 billion), increasing by 11.1 percent year on year, according to China's National Bureau ...
-
Date:2013/07/29
As of July 25, inventory of five main finished steel products in 22 major cities in China amounted to 12.3694 million mt, down 5.96 percent or 784,200 mt month on month, as announced by China's Ministry of Industry and Information Technology (MI...