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Date:2013/05/16
China's steel industry continued to suffer from weak demand and thin profits during the first quarter, and the situation could continue for the rest of the year as prices keep falling.
The latest data from the China Iron and Steel Association sh...
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Date:2013/05/17
According to statistics, China’s iron ore output totaled 110.53 million tons in April, rising by 15.7% year on year.Meanwhile, China’s coal output totaled 39.48 million tons in April, increasing by 4.9% in comparison of 37.65 million tons in the same...
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Date:2013/05/16
China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan announced to cut its prices for hot rolled and cold rolled leeway by NT$500/ton and NT$400/ton for May.It’s known that CSC postponed launching leeway into the Taiwanese market in April ...
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Date:2013/05/17
Taigang Stainless, the largest steelmaker in China announced to raise its export prices for 400 grades stainless steel products by US$10/ton for July delivery, in order to reflect higher ferrochrome prices.After the adjustment, its export prices for ...
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Date:2013/05/16
According to data released by the Stainless Steel Council of China Special Steel Enterprise Association (CSSC), China’s crude stainless steel output totaled 4.405 million tons in the first quarter of this year, rising by 9.52% year on year.Among them...
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Date:2013/05/17
Anhui Province-based Chinese steelmaker Maanshan Iron and Steel (Masteel) has announced that its Baixiang Mountain iron ore mine has commenced pilot production.
Reserves at the mine are estimated at 41 million mt with an average 39 percent iron conte...
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Date:2013/05/16
Reportedly, Chinese steel giant Baosteel announced to cut its export prices for austenitic stainless steel coils by US$100/ton, effective from May 10th.After the adjustment, its exports prices for 304 grade hot rolled coils with thickness of 3mm and ...
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Date:2013/05/17
The precision steel pipe mill of Shanghai-based Chinese steelmaker Baoshan Iron and Steel Co. (Baosteel), built by China MCC20 Group Co., a subsidiary of Beijing-based state-owned China Metallurgical Group Co. (MCC), was commissioned on May 13, as re...
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Date:2013/05/15
German plantmaker SMS Siemag has announced that Chinese steelmaker Hebei Puyang Iron and Steel Co., Ltd (Puyang Steel) has ordered a medium slab caster from China-based SMS Siemag Technology (Beijing) Co., Ltd, to be installed at the steel plant in W...
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Date:2013/05/15
It’s reported that Shanxi Taihang Mining Co., Ltd. contracted with Mines and Metals Engineering (MME) GmbH, owned by the Iranian government, to import the technology to use coke oven gas to reduce iron in industrial production. The Iranian technology...
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Date:2013/05/15
China’s Ministry of Commerce (MOC) has announced that during last week (May 6-12) the average steel price in China decreased by 0.2 percent compared to the previous week. In particular, in the given week prices of 50 mm x 50 mm equal angle ste...
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Date:2013/05/15
As of May 13, inventory of iron ore at 25 major Chinese ports amounted to 71.905 million mt, indicating an increase of 1.095 million mt or 1.55 percent on week-on-week basis, as announced by China’s Xinhua News Agency. As of May 13, the Xinhua...
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Date:2013/05/14
In the January-April period of this year, China's total fixed asset investments (excluding rural households) amounted to RMB 9.1319 trillion ($1.47 trillion), up 20.6 percent year on year, according to the figures released by China's Nation...
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Date:2013/05/15
It’s reported that China’s Shagang announced to leave its rebar ex-works prices for the second 10 days of May during May 11st through May 20th.After the adjustment, the company’s prices for HRB400 rebar with diameters of 16mm-25mm are at RMB3, 710/to...
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Date:2013/05/14
In the January-April period of the current year, China's overall value-added industrial output increased by 9.4 percent year on year, as announced by China's National Bureau of Statistics (NBS) on May 13. Meanwhile, in April alone China...
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Date:2013/05/10
Xinjiang autonomous region-based Chinese steelmaker Xinjiang Kingtec Steel Co., a subsidiary of state-owned company Xinjiang Cathay International Group, has received approval from China's National Development and Reform Commission for the issuan...
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Date:2013/05/15
According to local sources, the stocks of stainless steel products totaled 137,264 tons in the first 10 days of May in the Chinese Foshan market, falling by 4.19% from the previous 10 days.Among them, 65,967 tons were cold rolled stainless steel prod...
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Date:2013/05/13
Hebei Province based Chinese steelmaker Qian'an Iron and Steel Co a subsidiary of Beijing based Chinese steelmaker Shougang Co has become the main supplier of electrical steel to Jiangsu Province based WEG Nantong Co which is a subsidiary of Bra...
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Date:2013/05/10
Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group has announced that its Yanshan iron ore mine produced 147,500 mt of iron ore concentrate in April of the current year, exceeding the target for the given month by 12,500 mt and consti...
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Date:2013/05/15
It’s reported that the spot iron ore prices decreased slightly recently.At present, the spot prices of Indian iron ore fine contain 63.5% Fe to China are at US$131.75~US$132.75/ton C&F, down by around US$0.25/ton from the previous quote of US$132...