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Date:2013/07/25
It’s reported that the spot iron ore prices have decreased slightly recently.At present, the prices of Indian spot iron ore contain 63.5% Fe decreased to US$132.25~US$133.25/ton CFR, down slightly by US$0.25/ton from the previous purchasing prices of...
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Date:2013/07/23
Amid signs of a rally in coke prices propped up by continuous rises in steel prices and more active buying from steel mills, China's coking plants are mulling over plans to raise prices of the steelmaking ingredientChinese steel prices have pick...
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Date:2013/07/19
The China Iron and Steel Association (CISA) has stated that in early July (July 1-10) this year the average aggregate daily crude steel output of its member enterprises in China totaled 1.6948 million mt, down 3.84 percent or 67,600 mt compared to la...
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Date:2013/07/25
According to data released by China’s customs, the country’s exports of stainless steel flat products totaled 169,026 tons in June, rising by 3.5% from a month ago.In June, China’s exports of stainless steel flat products to Taiwan and Vietnam decrea...
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Date:2013/07/23
Quintain Steel, one of the major steel wire products manufacturers in Taiwan announced that the after tax loss in June totaled NT$78 million, decreasing from May. Due to the dropping steel price Quintain Steel has to list large quantity loss in inven...
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Date:2013/07/19
In June this year, of 70 major Chinese cities surveyed, 63 cities saw higher prices in the new house market, five cities witnessed lower prices, while new house prices in the remaining two cities remained unchanged, all compared to May this year, acc...
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Date:2013/07/24
Beijing-based Chinese steelmaker Shougang Co. has announced that in the first half of this year its Xinjiang-based subsidiary Yili Iron and Steel Co. achieved a sales revenue of RMB 730 million ($118 million), up 28.8 percent year on year.
In the giv...
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Date:2013/07/23
Anhui Province-based Chinese steelmaker Maanshan Iron and Steel Co. (Masteel) has announced that it plans to sell some non-steel assets to its parent company Maanshan Iron and Steel Group for the purpose of optimizing asset structure, enhancing asset...
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Date:2013/07/19
As of the end of June, the composite steel price index (CSPI) for the Chinese domestic market issued by the China Iron and Steel Association (CISA) declined to 98.52 points, down 3.25 percent compared to the end of May and down 14.69 percent year on ...
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Date:2013/07/24
China's Ministry of Commerce (MOC) has announced that during last week (July 15-21) the average steel price in China rose by 0.3 percent compared to the previous week.
In particular, in the given week prices in China of 145 mm x 20 mm hot rolled...
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Date:2013/07/23
In the first half of this year, the Chinese iron ore spot trading platform China Beijing International Mining Exchange (CMBX) recorded the conclusion of 84 deals for a total of 7.5594 million mt of iron ore, exceeding the 7 million mt transacted in t...
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Date:2013/07/19
The Chinese steel giant Baosteel has commissioned Mitsubishi Heavy Industries who is a Japanese multinational engineering, electrical equipment and electronics company to build 2030 mm cold rolling mill for expansion after ordering 2250mm hot strip m...
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Date:2013/07/24
On July 22, Beijing-based state-owned China Metallurgical Group Corporation (MCC) announced that the new high-speed wire rod production line of Sichuan Province-based Chinese steel producer Weiyuan Iron and Steel Co. has commenced production.
The pro...
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Date:2013/07/23
It’s reported that the spot iron ore prices have surged sharply recently.At present, the spot prices of Indian iron ore fines contain 63.5% Fe to China are at US$132.5~US$133.5/ton CFR, higher than the previous prices of US$130.5~US$131.5/ton CFR.Bes...
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Date:2013/07/18
According to data released by China’s Ministry of Commerce (MOC), the average steel price in China was up slightly by 0.1% from a week ago during July 8th through July 14th.In the given period of time, the prices of hot rolled steel sheets with thick...
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Date:2013/07/24
As of July 22, inventory of iron ore at 25 major Chinese ports amounted to 73.45 million mt, indicating a decrease of 0.84 million mt or 1.33 percent week on week, as announced by China's Xinhua News Agency.
As of the same date, the Xinhua-Chin...
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Date:2013/07/22
China's largest iron and steel group is determined to cut output and upgrade production as it copes with the toughest market conditions since 2008, said Kong Ping, the vice-president of Hebei Iron & Steel Group Co Ltd.
The iron and steel ind...
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Date:2013/07/18
Taigang Stainless, the largest stainless producer in China announced to cut its export offer prices for austenitic stainless steel coils by US$300/ton for deliveries till end of September due to lower nickel prices and weak market prices.The official...
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Date:2013/07/18
Reportedly, the Chinese steelmaker Shougang announced that estimated net loss of RMB250~RMB300 million for the first half of this year, in comparison of net loss of RMB349.43 million in the same period of a year ago.It’s known that the net loss was c...
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Date:2013/07/22
According to local sources, the stocks of stainless steel products totaled 118,365 tons in the Chinese Foshan market in the first half of July, decreasing by 8.39% from the previous 15 days.Among them, 55,844 tons were cold rolled stainless steel pro...