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Date:2013/04/25
According to Antaike’s chief market analysis specialist Ms. Xiong Hui, the overproduction of primary aluminum materials in China will be a key factor influencing the world market this year, and she believes in the continuing downwards trend in the wh...
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Date:2013/04/24
According to statistics, Taiwan imported 15,266 tons of small-diameter wire rods (with diameters less than 14mm) in March, soaring by 65.5% from a month ago.Meanwhile, the export prices of small-diameter wire rods averaged at NT$21,680/ton, increasin...
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Date:2013/04/25
Spot iron ore prices drifted to a more than two-week low, reflecting slower buying interest from Chinese mills as they wait for steel demand in the world's top consumer to strengthen.Shanghai steel futures hit fresh 7-1/2-month lows on Wednesday...
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Date:2013/04/24
It’s reported that Baosteel Stainless, the second largest stainless producer in China announced to cut its domestic prices for stainless steel coils by RMB200~RMB1,000/ton for May deliveries due to lower nickel prices.The company decided to reduce it...
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Date:2013/04/25
According to data released by the National Bureau of Statistics (NBS), China’s seamless pipe output totaled 2.698 million tons in March, rising by 5% from a month ago.Meanwhile, the daily seamless pipe output averaged at 87,032 tons in March, increas...
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Date:2013/04/24
China’s crude oil demand may grow by 5% in 2013 to 10.1 mb/d (YTD March: 5.4%), driven by a steady yet moderate economic recovery and refinery expansions, stated London based Barclays in its recent market analysis.China is set to add 690 thousand b/d...
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Date:2013/04/25
On April 23, Jiangsu Province-based Chinese steelmaker Shagang Co., Ltd issued its financial results for the first quarter of this year as well as its revised results for 2012.Accordingly, Shangang Co. achieved an operating revenue of RMB 2.366 billi...
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Date:2013/04/23
China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan released its price policy for June last week. The company decided to cut its list prices for certain steel products by 2.08% averagely for June.It’s known that CSCs reduced its list pri...
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Date:2013/04/23
Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group has announced that in the first quarter this year its sales division sold 865,600 mt of finished steel for use in key projects in China, equivalent to 27.48 percent of its annual targ...
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Date:2013/04/23
On April 19, Shanxi Province-based Chinese steelmaker Shanxi Taigang Stainless Steel Co.announced its financial report for the first quarter of the current year. Accordingly, in the given period the company's operating revenue totaled RMB 25.124...
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Date:2013/04/23
It’s reported that the spot iron ore prices have remained stable recently.At present, the selling prices of Indian iron ore fine contain 63.5% Fe to China remained flat at US$140.5~US$141.5/ton C&F.Meanwhile, the spot iron prices dropped by US$2/...
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Date:2013/04/19
Asian iron ore prices in 2013 are likely to fall $10-15/mt year on year, as demand for the steelmaking raw material slows due to ongoing overcapacity woes in China's steel industry, Wang Xiaoqi, Vice Chairman of the China Iron & Steel Associ...
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Date:2013/04/23
Spot iron ore prices may approach their lowest level for the year this week with Chinese mills in no rush to stock up on the steelmaking raw material given an uncertain outlook for steel demand in the world's top consumer.Shanghai steel futures ...
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Date:2013/04/18
Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang Group) has announced that in the January-March period of this year its finished steel exports amounted to 305,700 mt, up 22 percent year on year.
In the given period, Baogang&...
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Date:2013/04/19
A ferronickel project with a planned annual output capacity of 150,000 mt to be built by Chinese investors in West Java in Indonesia has been approved by the Development and Reform Commission of China's Shandong Province, as announced by the loc...
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Date:2013/04/23
China's coal imports rose 13.3 percent in March from the month before, customs data showed on Monday, rebounding from two consecutive months of decline as cheaper overseas prices encouraged end-users to step up orders.China is the world's b...
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Date:2013/04/17
On April 15, Shanxi Province-based Chinese coke producer Shanxi Coking Co., Ltd announced that in 2012 its operating revenue totaled RMB 5.722 billion ($313 million), down 26.2 percent, while its net profit amounted to RMB 29.68 million ($4.11 millio...
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Date:2013/04/19
It’s reported that Taigang Stainless, the largest stainless producer in Taiwan announced to cut its export prices for austenitic coils by another US$100/ton for deliveries till end of June, due to lower nickel pricesThe official of Taigang Stainless ...
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Date:2013/04/22
It’s reported that Chinese steel giant Taigang released its price policy for hot rolled steel products and medium heavy plates for May.The company decided to cut the prices for hot rolled steel products and medium heavy plates by RMB400/ton and RMB30...
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Date:2013/04/17
China's Ministry of Commerce (MOC) has announced that during last week (April 8-14) the average steel price in China increased by 0.1 percent compared to the previous week.
In particular, in the given week prices of 3 mm hot rolled sheet, 6.5 mm...