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Date:2013/07/30
China Steel Corp. (CSC), the largest steelmaker in Taiwan announced that it has initiated commercial production of hot-dipped galvanized coils at its Vietnamese cold rolling and coil-coating project on July 25th. It’s known that the continuous galvan...
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Date:2013/07/26
According to data released by the National Bureau of Statistics (NBS), China’s daily output of welded pipes averaged at 150,333 tons in June, rising by 12% from a month ago and increasing by 6% year on year.In June, the country’s welded steel pipe pr...
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Date:2013/07/30
China's steel prices dropped further in June, as output continued to grow in an industry already reeling from overcapacity, according to official data issued on Monday.
The steel price composite index averaged at 99.15 points in June, retreating...
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Date:2013/07/26
It’s reported that China’s major stainless producers Baosteel Stainless announced to remain its domestic prices for austenitic stainless steel coils unchanged for August due to more positive market outlook.After announcement, the prices for 304 grade...
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Date:2013/07/29
It is reported that China has ordered metal plants to close outdated capacity by the end of September and dismantle it by year end.The Chinese government has since 2009 set yearly plans to close outdated capacity as part of efforts to cut energy cons...
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Date:2013/07/26
On July 25, Liaoning Province-based Chinese steelmaker Lingyuan Iron and Steel Co. announced that it plans to offer RMB 328 million ($52 million) to acquire a raw material plant and an oxygen plant from its parent group Lingyuan Iron and Steel Group....
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Date:2013/07/29
Tangshan Steel, a subsidiary of Hebei Iron and Steel Group announced that it exported 1.4256 million tons of finished steel in the first half of this year with export revenues of US$721.51 million tons.Among them, 680,000 tons were cold rolled produc...
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Date:2013/07/26
On July 25, Gansu Province-based Chinese steelmaker Jiuquan Iron and Steel Co. (JISCO) announced that in the first half this year its sales of hot rolled carbon steel products totaled 3.2624 million mt, up 9.87 percent or 293,200 mt year on year, equ...
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Date:2013/07/26
Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group has announced that in the first half of the current year its subsidiary Tangshan Iron and Steel Co. (Tangsteel) exported 1.4256 million mt of finished steel, creating an export value ...
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Date:2013/07/26
The Chinese steel industry faced severe overcapacity in the January-June period, an official with the Ministry of Industry and Information Technology revealed yesterday.
Zhu Hongren, the MIIT's chief engineer, said the output of crude steel stoo...
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Date:2013/07/25
Ma Guoqiang has stepped down as general manager of Baoshan Iron & Steel Co, China's largest listed steel company, to join Wuhan Iron & Steel Group.
The 50-year-old Hebei Province native was appointed by the State-owned Assets Supervision...
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Date:2013/07/25
The Chinese steel industry faced severe overcapacity in the January-June period, an official with the Ministry of Industry and Information Technology (MIIT) said on Wednesday.
Zhu Hongren, the MIIT's chief engineer, said the output of crude stee...
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Date:2013/07/24
According to data released by Taiwan’s customs, Taiwan’s imports of large-diameter wire rods (with diameters larger or equal to 14mm) totaled 713 tons in June, rising by 4.5% from 682 tons in May.However, the country’s import prices of large-diameter...
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Date:2013/07/22
It's reported that spot iron ore prices are likely to grow further after hitting 2 month highs on Wednesday on firming demand of Chinese market for raw materials amid limited availability of spot cargoes.Shanghai rebar futures rose for a second ...
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Date:2013/07/25
It’s reported that Quintain Steel, one of the major wire rod producers in Taiwan announced to remain its list prices unchanged for August.Also, the company has remained wire rod list prices unchanged for consecutive two months.Industry source said th...
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Date:2013/07/24
According to data released by Taiwan’s imports of stainless scrap totaled 22,278 tons in June, lower than 23,000 tons from a month ago.Meanwhile, the import prices of stainless scraps averaged at NT$47,970/ton in June.In June, Taiwan’s exports of sta...
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Date:2013/07/22
In the first six months of the current year, the total industrial output of the 80 main ship enterprises in China (whose operations include shipbuilding, ship repairs and production of ship parts) amounted to RMB 171.9 billion ($27.8 billion), down 1...
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Date:2013/07/25
China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan announced to keep its list prices for electric furnace (EF) Al-killed wire rods unchanged for August.CSC stated that it decided to keep the prices unchanged due to weak market demand, i...
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Date:2013/07/24
It’s reported that China’s Hebei Steel released its price for steel flat products for August.The company decided to raise its prices for hot rolled coils/plates by RMB150/ton and hiked its prices for cold rolled coils/sheets and hot dipped galvanized...
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Date:2013/07/19
Chinese GDP growth was 7.7% in Q1, 7.5% in Q2 and 7.6% in H1, as per statistics released by National Bureau of Statistics on July 15. The figure prods upbeat in shares, rise in steel futures and electronic board, which hence drives up steel spot pric...