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Date:2013/04/19
Shougang, one of the largest steel companies in China announced to cut its prices for steel flat products for May.The company decided to cut its prices for hot rolled coils (HRC) by RMB150/ton, making its prices for Q235 HRC with thickness of 5.5mm b...
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Date:2013/04/22
In the first quarter this year, Chinese company Jigang International Trade Co., a subsidiary of Shandong Province-based Chinese steelmaker Jinan Iron and Steel Co. (Jigang), sold 1.48 million mt of iron ore worth RMB 1.2 billion ($192.9 million), cre...
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Date:2013/04/17
Jiangsu Province-based Chinese steel producer Shagang Group has announced that it has transferred a 38.96 percent stake in Shandong Tiexiong Xinsha Energy Co., Ltd to Chinese metallurgical coke producer Shandong Coking Group Co., Ltd. Following the t...
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Date:2013/04/19
According to local sources, the stocks of stainless steel products totaled 179,413 tons in the Chinese Wuxi market in the first 15 days of April, down by 0.19% from 15 days ago.Among them, 96,637 tons were cold rolled stainless steel products, down b...
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Date:2013/04/22
On April 18, the China Iron and Steel Association (CISA) announced that in early April (Apr. 1-10) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.6973 million mt, up 1.28 percen...
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Date:2013/04/17
The rise of China as a dominant force in the global seaborne market for thermal coal has driven changes that must be addressed by miners and traders if they are to remain relevant and profitable in a future flat growth market, Neil Dhar, managing dir...
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Date:2013/04/18
Liaoning Province-based Chinese steelmaker Angang Steel Group (Ansteel) has announced that it has delivered 10,000 mt of A709G50T3 bridge-building steel plate to Hebei Province-based China Railway Shanhaiguan Bridge Group Co., Ltd, which has won a te...
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Date:2013/04/22
On April 19, Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group Co. stated that in the first quarter of the current year the orders received by its subsidiary Handan Iron and Steel Co. (Hansteel) for steel sheet for application in hom...
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Date:2013/04/17
The Chinese steel giant Wuhan Iron and Steel Corp. (Wisco) released its price policy for May.The company decided to cut its list prices for hot rolled (HR) steel products by RMB200/ton for May. Also, it reduced its list prices for cold rolled steel c...
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Date:2013/04/18
It’s reported that Baosteel Stainless, the second largest stainless steel producer in China announced to cut its export prices for austenitic stainless steel coils by ¥200/ton due to lower nickel prices and sluggish demand.An official of Baosteel Sta...
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Date:2013/04/22
It’s reported that the Chinese steelmaker Ansteel launched its price policy for May.The company decided to cut its list prices for ordinary hot rolled carbon steel products and cold rolled coils/plates by RMB150/ton and RMB100/ton respectively for Ma...
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Date:2013/04/17
It’s reported that the Chinese steelmaker Hebei Steel announced that its sales revenues totaled RMB111.632 billion in 2012, falling by 16.28% year on year. The net income attributed to shareholders totaled RMB109 million, slumping by 92.09% year on y...
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Date:2013/04/18
China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan announced to cut its leeway prices by NT$800/ton for April due to weak demand and low-priced imports into Taiwanese market.After the adjustment, the list prices for hot rolled leeway ar...
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Date:2013/04/19
China Steel Corp. (CSC), the largest carbon steel producer in Taiwan announced to cut its galvanized steel leeway prices by NT$600/ton to NT$18,000~NT$21,000/ton for April.In fact, CSC increased its galvanized steel leeway prices by NT$800/ton for Ma...
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Date:2013/04/16
Chinese steel production and crude oil runs unexpectedly fell in March from a month ago, with lacklustre power generation and appetite for oil also fanning concerns that recovery in demand may be less vigorous than expected.Swollen inventories of cop...
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Date:2013/04/18
It’s reported that the stainless steel stocks totaled 151,149 tons in the Chinese Foshan market in the first 10 days of April, down by 0.79% from the previous 10 days.Among them, 78,688 tons were cold rolled stainless steel products, falling by 995 t...
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Date:2013/04/16
Beijing-based Chinese steelmaker Shougang Co., Ltd has issued its final financial results for 2012.
Accordingly, Shougang has posted an operating revenue of RMB 10.1 billion ($1.6 billion) for 2012, down 19.28 percent year on year, while it recorded ...
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Date:2013/04/16
China's overall real estate investment in the first quarter this year amounted to RMB 1.3111 trillion ($211 billion), up 20.2 percent year on year, with this growth rate down 3.3 percentage points compared to the increase rate recorded in the sa...
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Date:2013/04/18
Construction work has been completed on the first phase of South Korean steel producer POSCO's high-grade galvanized sheet project in Shunde in the southern Chinese province of Guangdong, according to local media sources in Guangdong. Investment...
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Date:2013/04/16
On April 13, Hebei Province-based Chinese steelmaker Hebei Iron and Steel Co. Ltd announced that in 2012 its total operating revenue amounted to RMB 111.632 billion ($17.95 billion), down 16.28 percent, while its net profit totaled RMB 109 million ($...