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Date:2013/05/31
Gansu Province-based Chinese steelmaker Jiuquan Iron and Steel Group (JISCO) has announced that its unlisted subsidiary JISCO Tianfeng Stainless Steel will be incorporated within another of its subsidiaries, namely, JISCO Hongxing Iron and Steel Co. ...
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Date:2013/05/30
According to data, China imported 559,000 tons of scraps in April, rising by 3.6% year on year and soaring by 47.2% from a month, hitting the highest level since November, 2011.Among them, 291,000 tons were from Japan, increasing by 26.3%; 188,000 to...
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Date:2013/05/29
Reportedly, Chinese Baosteel Stainless announced to cut domestic prices for austenitic stainless steel prices by RMB700~RMB900/ton for June to reflect lower raw material prices.Baosteel Stainless decided to cut its list prices for 304 grades hot roll...
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Date:2013/05/30
Reportedly, iron ore prices are falling sharply as the Chinese domestic steel prices continue to crash.The benchmark 62% grade iron ore. IO62-CNI=SI closed at US$123.20/ton last Thursday, reaching slightly higher than the yearly low of US$123/ton ear...
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Date:2013/05/29
According to data from the Chinese customs, China’s exports of stainless steel flat products totaled 196,878 tons in April, rising by 10.6% from a month ago.In April, the exports of stainless steel flats to Taiwan increased by 0.6%; those to Korea dr...
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Date:2013/05/30
Guangdong Province-based Chinese steel pipe manufacturer Panyu Chu Kong Steel Pipe Co. has announced that it will acquire 100 percent of shares of Nanjing Rongyu Group, the outstanding 26.17 percent of shares of Nanjing Qixiashan Steel Rolling Co. wh...
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Date:2013/05/29
According to data released by the China Iron and Steel Association (CISA), China’s inventories of main steel products including hot rolled coils (HRC), plates, cold rolled coils (CRC), wire rod and rebar in China decreased as of May 24th.The data sho...
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Date:2013/05/30
Spot iron ore fell to its lowest level for the year, at below $120 a tonne, as slower steel demand in top consumer China fanned fears producers may further curb output, with Shanghai rebar futures hitting near nine-month lows on Wednesday.Some Chines...
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Date:2013/05/28
In April this year, China's aggregate metallurgical coke and ferroalloy outputs were up 4.9 percent and 12.2 percent year on year, as announced by China's National Development and Reform Commission (NDRC). Meanwhile, the country exported 5....
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Date:2013/05/30
According to data released by China Customs, China’s exports of seamless steel pipes totaled 459,290 tons in April, rising by 11% from a month and increasing by 25% year on year.In the first four months of this year, the country exported 1.75 million...
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Date:2013/05/28
The China Iron and Steel Association (CISA) has stated that in mid-May (May 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.7405 million mt, down 0.4 percent compared to e...
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Date:2013/05/30
According to data released by China’s National Bureau of Statistics (NBS), the large and medium-sized industrial enterprises in China posted the aggregate gross profits of RMB1.61069 trillion for the first four months of this year, rising by 11.4% ye...
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Date:2013/05/28
As of May 24, inventories of the main finished steel products (plate, hot rolled coil (HRC), cold rolled coil (CRC), rebar and wire rod) in the major steel markets in China indicated decreases, according to the China Iron and Steel Association (CISA)...
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Date:2013/05/29
On May 27, China's Ministry of Commerce (MOC) announced that during last week (May 20-26) the average steel price in China decreased by 0.4 percent week on week, declining at the same rate as recorded in the previous week.
In particular, in the ...
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Date:2013/05/28
Shanxi Province-based Chinese steelmaker Taiyuan Iron and Steel (Group) Co. Ltd (TISCO) has announced that three overseas classification societies - Korean Register of Shipping, Germany's Germanischer Lloyd and Norway's Det Norske Veritas -...
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Date:2013/05/29
In the January-April period of this year, the aggregate shipbuilding output in China totaled 13.78 million deadweight tons (dwt), down 11.9 percent year on year, according to the figures released by the China Association of the National Shipbuilding ...
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Date:2013/05/28
Chinese power-station coal fell to the lowest price in almost four years as the nation’s manufacturing shrank for the first time in seven months and hydropower output increased. Spot coal with an energy value of 5,500 kilocalories per kilogram at the...
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Date:2013/05/29
It’s reported that China Steel Corp. (CSC), the largest carbon steelmakers in Taiwan is going to release its price policy for July and August.Industry sources predicted that CSC might cut its prices by US$30~US$40/ton for July and August after Chung ...
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Date:2013/05/28
China Steel Structure Co. (CSSC), the subsidiary company of Taiwan's China Steel Corp. and also one of the major steel structure suppliers in Taiwan, said the company's orders have been full booked until the end of 2013. CSSC's manager...
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Date:2013/05/27
It is reported that Hebei Steel Chengde Steel’s has produced super-thin SPHC HRC in 1780 production line, with thickness of 1.21250mm, marking a new achievement for HRC production technology.