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Date:2013/06/26
China's Ministry of Commerce (MOC) has announced that during last week (June 17-23) the average steel price in China rose by 0.1 percent compared to the previous week.
In particular, in the given week prices in China of 145 mm x 2.5 mm hot rolle...
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Date:2013/06/26
On June 22, construction work commenced on Hebei Province-based Chinese steelmaker Tangshan Iron and Steel Co.'s new high-strength auto steel sheet production project, as announced by China Metallurgical Group Corporation (MCC) on June 25. Const...
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Date:2013/06/24
Jiangsu Province-based Wujin Stainless Steel Pipe Group Co., one of the largest stainless steel pipe producers in China, has announced that it plans to issue 50.5 million shares to raise a total of RMB 448 million ($72.5 million) to fund three expans...
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Date:2013/06/25
China’s Zhongyuan Special Steel, one of major manufacturers of retained mandrel, heavy precise forgings and drill tools in China has commissioned Austria’s Siemens Metals to install a vertical continuous caster at its new EAF steelmaking project.It’s...
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Date:2013/06/24
Shanxi Province-based Chinese steelmaker Taiyuan Iron and Steel (Group) Co. (TISCO) has held a ceremony to mark the commissioning of its new continuous annealing and coating line (CA3-6), which is part of its silicon steel continuous cold rolling tec...
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Date:2013/06/25
Rates to ship iron ore extended the year’s biggest rally on speculation Brazil expanded exports as Chinese steel mills, the biggest buyers, rebuild stockpiles. Daily earnings for Capesizes hauling about 160,000 metric tons of the commodity used to ma...
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Date:2013/06/24
It’s reported that the Chinese steel giant Baosteel released its price policy for steel wire products for July.The company decided to cut its list prices for cold heading wires and spring wires by RMB120/ton.Also, Baosteel reduced the prices for bear...
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Date:2013/06/25
Last week, the nickel price in LME performed not very strong and the spot nickel price was quoted at US$13, 780/ton on last Friday.Market participants estimated that Taiwan’s stainless steel mills would probably cut the price for July this week due t...
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Date:2013/06/24
According to data released by the National Bureau of Statistics, China’s output of seamless steel pipes totaled 2.74 million tons in May, rising by 16% year on year and increasing by 1.8% from the previous month.In May, the country’s daily output of ...
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Date:2013/06/25
It’s reported that the Chinese ferronickel market still remained weak recently. The ferronickel price fell by RMB50/ton (USD8/ton), in comparison of the prices early this month.Market participants reckon that the drop of the ferronickel price was mai...
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Date:2013/06/21
It’s reported that China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan released its list prices for AP plates for July.CSC decided to cut its AP plate prices substantially by NT$900/ton for July to NT$16,750/ton in order to compete again...
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Date:2013/06/25
Taigang Stainless, the largest stainless steel producer in China announced to cut its domestic prices for austenitic stainless steel coils by RMB700/tin in order to reflect lower nickel prices and decreased stainless market prices.After the adjustmen...
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Date:2013/06/21
It’s reported that the Chinese steelmaker Shougang released its price policy for July.The company decided to cut its prices for hot rolled coils (HRC), cold rolled coils (CRC) and galvanize steel sheets/coils by RMB60~RMB80/ton, RMB170/ton and RMB180...
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Date:2013/06/25
Dai Dongchang, chief planner at China's Ministry of Transport, has stated that China will invest around RMB 4.7 trillion ($766.72 billion) in building up its national road network in the period up to 2030, in order to ease pressure from increase...
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Date:2013/06/21
It’s reported that Taigang Stainless, the largest stainless producer in China released its prices for domestic market for July.The company decided to cut its domestic prices for 304 grade stainless coils with 2B and No.1 finish by RMB700/ton.After th...
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Date:2013/06/25
Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel (Baogang Group) has announced that it has signed a framework agreement with Shanxi Province-based Liulin Huifeng Industry Co. to cooperate in the latter company's Wangjiahui Logistics...
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Date:2013/06/21
It’s reported that Taigang Stainless announced its price policy for carbon medium heavy plates for July.The company decided to cut its prices for carbon medium heavy plates by RMB100/ton for June.After the adjustment, its ex-work prices for Q235 medi...
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Date:2013/06/24
Hebei Province-based Chinese steelmaker Tangshan Iron and Steel Co., a subsidiary of Hebei Iron and Steel Group, has announced that in the May of the current year it exported 270,000 mt of finished steel, including, among other products, 110,300 mt o...
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Date:2013/06/21
According to data, China’s exports of stainless steel products totaled 247,000 tons in April, rising by 12.6% from a month ago. The net exports totaled 189,000 tons, increasing by 20.8% month on month.Meanwhile, the country’s imports of stainless ste...
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Date:2013/06/21
In the January-May period of the current year, the aggregate shipbuilding output in China (from a total of 80 shipbuilding enterprises) amounted to 17.19 million deadweight tons (dwt), down 23.7 percent year on year, according to the figures released...