Search result ( 34199)
  • Stainless steel product stocks fall in Chinese Foshan market

    Date:2013/05/07

    The stocks of stainless steel products totaled 143,260 tons in the Chinese Foshan market in the last 10 days of April, down by 0.99% from the previous 10 days, according to local sources.Among them, 72,432 tons were cold rolled stainless steel produc...

  • Imported iron ore stockpile drops on weak demand

    Date:2013/05/09

    Stockpiles of iron ore at 25 major Chinese ports dropped slightly in the past two weeks due to weak domestic demand, according to a report released Tuesday by the Xinhua News Agency. Inventories of imported iron ore at those ports stood at 70.53 mill...

  • China’s stocks of finished steel products fall further

    Date:2013/05/07

    According to data released by China Iron and Steel Association (CISA), the stocks of main finished steel products, including hot rolled coils, cold rolled coils, plates, rebar and wire rods in the major Chinese steel market amounted to 20.236 million...

  • Iron ore inventory at Chinese ports indicates minor decline

    Date:2013/05/08

    As of May 7, inventory of iron ore at 25 major Chinese ports amounted to 70.53 million mt, indicating a decrease of 290,000 mt or 0.4 percent on week-on-week basis, as announced by China's Xinhua News Agency. As of May 7, the Xinhua-China Iron O...

  • Chinese steel enterprises return to gain profit in Q1

    Date:2013/05/07

    The aggregate gross profits realized by the Chinese large-and-medium steel enterprise amounted to RMB2.486 billion in the first quarter of this year, in comparison of the overall net loss in the same period of 2012, according to data released by the ...

  • CISA: China’s average daily crude steel output edges down in mid-April

    Date:2013/05/08

    On May 7, the China Iron and Steel Association (CISA) announced that in mid-April (Apr. 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.6891 million mt, down 0.5 percent c...

  • China’s exports of seamless steel pipes increase by 11% in Q1

    Date:2013/05/07

    According to data released by China Customs, the country’s exports of seamless steel pipes totaled 1.29 million tons in the first quarter of this year, rising by 11% year on year.Meanwhile, China’s exports of seamless steel pipes totaled 415,304 tons...

  • MOC: Average steel price in China down slightly

    Date:2013/05/08

    China's Ministry of Commerce (MOC) has announced that during last week (April 29-May 5) the average steel price in China decreased by 0.3 percent compared to the previous week. In particular, in the given week prices of 3 mm hot rolled sheet, 10...

  • WISCO to issue short-term bonds worth RMB 6.3 billion

    Date:2013/05/07

    Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Corp. has announced that it plans to issue short-term bonds worth RMB 6.3 billion ($1.14 billion), in a second phase of short-term bond issuance for the current year. The issuance p...

  • China’s crude stainless steel output down by 1.7% in Q1

    Date:2013/05/08

    According to data of Stainless Steel Council of China Special Steel Enterprise Association (CSSC), China’s crude stainless steel output totaled 4.4 million tons in the first quarter of this year, down by 1.7% from a quarter ago.It’s learned that the ...

  • Crude steel output in China’s Hebei Province up 9.62% in Q1

    Date:2013/05/07

    In the first quarter this year, China's Hebei Province produced a total of 52.697 million mt of crude steel, up 9.62 percent year on year, accounting for 27.5 percent of total output in China, according to data released by Metallurgical Industry...

  • Zhengzhou Commodity Exchange to launch ferroalloy futures

    Date:2013/05/08

    The China Securities Regulatory Commission (CSRC) has approved the application for ferroalloy futures trading made by Zhengzhou Commodity Exchange (ZCE), according to Chinese media reports. ZCE stated that the launch of ferroalloy futures trading wou...

  • Two Baosteel subsidiaries plan to sell shares

    Date:2013/05/07

    Shandong Province-based Rizhao Baoxin Mining Resources Co. and Hunan Province-based Baosteel Steel Process and Distribution Co., both subsidiaries of Shanghai-based Baoshan Iron and Steel Co. Ltd (Baosteel), plan to sell 51 percent and 49 percent of ...

  • Taiwan’s Feng Hsin to drop its rebar prices on falling scrap

    Date:2013/05/08

    It’s reported that Feng Hsin, one of Taiwan’s largest rebar producer announced to cut its rebar prices by NT$300/ton due to decrease prices of the global scraps. The price will be adjusted to NT$17,700/ton aex-works at central west Tainan on Monday. ...

  • Stainless steel stocks fall in Chinese Wuxi market

    Date:2013/05/06

    According to data from local sources, the stocks of stainless steel products totaled 178,615 tons in the Chinese Wuxi market in the second half of April, falling by 0.44% from the previous 15 days.Among them, 80,373 tons were hot rolled (HR) stainles...

  • China's steel industry still suffering to cut prices

    Date:2013/05/08

    It’s reported that many china steel makers are still facing difficult time and are expected to lower factory prices for major steel products. Although China has a lot of ongoing infrastructure construction projects, the steel prices are still hardly ...

  • Chinese Wisco posts rise in net profits for Jan-Apr

    Date:2013/05/06

    Wuhan Iron and Steel Corp. (Wisco) realized sales revenues of RMB70 billion with profits of RMB506 million in the first four months of this year, rising by 5% and 168% year on year respectively.In the first quarter of this year, Wisco posted net prof...

  • Punitive policies for steel corps to be launched

    Date:2013/05/08

    China is working on policies to punish domestic steel companies that sell products below cost, in a bid to better regulate the market and improve the industry's current lackluster situation, a Beijing-based bulk commodities consultancy reported ...

  • LME nickel average prices fall in April

    Date:2013/05/06

    According to data, the nickel prices at LME averaged at US$15,635/ton in April, falling by 6.5% from a month ago.In April, the nickel prices in three-month delivery averaged at US$15,701.9/ton, decreasing by 6.6% month on month.As of April 29th, the ...

  • Rizhao Steel to supply flange beam for Yuwan Railway

    Date:2013/05/06

    Shandong Province-based Chinese steel producer Rizhao Iron and Steel Group has announced that in April it won a tender to supply flange beam for the Chongqing-Wanzhou Railway (Yuwan Railway), a part of Zhengzhou-Chongqing Railway. The Yuwan Railway i...

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