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Date:2013/06/14
China, the world’s largest iron ore buyer, scrapped a licensing system for imports of the steelmaking raw material, according to two industry executives. The abolition of the permit system will help small and medium-sized trading companies easy acces...
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Date:2013/06/19
Given the pressure from domestic producers and the chronic pollution across the nation, China is considering clamps on low grade coal imports. While this is expected to radically transform the global scene, the import ban is set to cause volatility i...
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Date:2013/06/18
China will abandon its existing iron ore import licensing system as of July 1 in a move aimed at opening up the iron ore import market, as indicated by China's Ministry of Commerce (MOC). As of the date in question, companies will be able to app...
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Date:2013/06/14
BN Americas reported that Mexico's economy ministry has approved an AD investigation into imports of galvanized steel mesh from China.The decision follows a petition by Mexican steelmaker Deacero, which claims the product was imported illegally ...
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Date:2013/06/19
It’s reported that China adopted a series of measures aimed at combating air pollution and defusing growing public dissatisfaction with air and water quality. The Chinese government approved 10 anti-pollution measures, including speeding up the insta...
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Date:2013/06/17
Recently, BaoSteel launched a new member of its 3rd Generation super high tensile steel product making debut of super high tensile steel QP980 hot galvanizing product is launched. Compared with the super high tensile cold rolling product launched las...
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Date:2013/06/14
In order to get for more orders and help its buyers to cost down, Taiwan's China Steel Corp. (CSC) has released several price promotions recently which the offer deals even lower than the current market prices. One market participant said CSC do...
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Date:2013/06/17
Japan’s leading steel manufacturers Nippon Steel and Sumitomo Metal Corp will create a new steel mill to specifically create automotive steel as part of a JV with China’s Baosteel Group Corp.The Nikkei reports that the investment will likely total 30...
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Date:2013/06/14
China's Ministry of Commerce (MOC) has announced that during last week (June 3-9) the average steel price in China decreased by 0.1 percent compared to the previous week. Meanwhile, the average prices of 80 mm x 43 mm x 5 mm channel steel, 1 mm ...
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Date:2013/06/14
The China Iron and Steel Association (CISA) has announced that in late May (May 21-31) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.612 million mt, down 4.7 percent compared t...
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Date:2013/06/14
On June 13, Chinese steelmaker Pangang Steel Vanadium & Titanium Plant Co., a subsidiary of Sichuan Province-based Chinese state-owned steel producer Panzhihua Iron and Steel (Pangang Group), announced that it achieved a gross profit of RMB 18.56...
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Date:2013/06/13
Chung Hung Steel (CHS), the subsidiary company of Taiwan's China Steel Corp. (CSC) and also one of the major carbon steel flat re-rolling mills in Taiwan, has announced its sales revenue in May was NTD 2.84 billion, decreasing by 3.3% month-on-m...
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Date:2013/06/08
Sichuan Provincial Economic and Information Commission announced the production and operation performance of vanadium and titanium steel mills based in Sichuan province in January to April 2013. Data show that the sales revenue of vanadium and titani...
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Date:2013/06/13
Feng Hsin, one of the major steel long product makers in Taiwan, announced to remain its list prices for rebar, section steel and scraps unchanged for this week. The company released its list prices for rebar at NT$17,000/ton; those for section steel...
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Date:2013/06/08
It’s reported that Mexico’s Ministry of Economy said that it would start an antidumping (AD) investigation on galvanized mesh, made of carbon steel woire, from China, in response to the complaint made by Deacero in February.It’s known that the Chines...
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Date:2013/06/13
Growth in China's steel demand is expected to slow to a near standstill in 2013, adding to pressure on iron ore prices after a 17% fall in May.Head of the country's biggest listed steelmaker said that spot iron ore prices have tumbled to ar...
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Date:2013/06/08
It’s reported that the Chinese steelmaker Baosteel planned to cut tinplate prices by RMB230/ton for July.Meanwhile, Baosteel has reduced its tinplate prices by RMB180/ton and RMB160/ton for April and May.Industry sources said that if Baosteel continu...
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Date:2013/06/13
It is reported that Shougang Jingtang Steel has successfully rolled DP600 high aluminum auto sheet recently, making Jingtang steel being of few DP600 high aluminum steel producers in China.This kind of steel products is applied to producing automobil...
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Date:2013/06/08
It is reported that Rio Tinto Group and BHP Billiton, the world's leading iron ore producers, are developing new mines of worth US$250 billion.However, China is suffering sluggish steel output growth facing the competition from other countries. ...
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Date:2013/06/13
Reuters reported that China's state owned Anshan Iron and Steel Group Corp has agreed to take a majority stake in the Karara iron ore project in Western Australia, shoring up joint-venture partner Gindalbie Metals Ltd after setbacks at the proje...