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Date:2013/03/26
China's iron ore demand is expected to rise by 50 million tonnes in 2013, but it will not be enough to soak up a supply glut on the world market, the country's top economic planning agency said on Monday.China's own iron ore supply wil...
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Date:2013/03/28
Chinese steel giant Baosteel announced on March 25th that it has signed a contract with a subsidiary of China State Shipbuliding Co. (CSSC) - CSSC Logistics Co. for long term supply of steel scrap from the company.CSSC Logistics Co. was established i...
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Date:2013/03/27
According to China’s National Development and Reform Commission (NDRC), China’s crude steel output totaled 125.45 million tons in the first two months of this year, rising by 10.6% year on year.At the same time, the country’s production of finished s...
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Date:2013/03/26
According to statistics released by the Chinese customs, China exported 133,837 tons of stainless steel flats in February, falling by 8.5% from a month ago, affected by the Chinese New Year holiday.In February, the exports of stainless steel flats ma...
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Date:2013/03/28
It’s reported that the spot iron ore prices have rebounded recently.At present, the spot prices of Indian iron ore fines contain 63.5% Fe are at US$136~US$137/ton C&F, up by US$1/ton from the previous quote of US$135~US$136/ton C&F.
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Date:2013/03/27
Reportedly, the Chinese steelmaker Hangzhou Steel posted a net loss of RMB379 million for 2012, in comparison of a net profit of RMB299.8 million in a year ago.In 2012, the company realized operating revenue of RMB17.133 billion, slumping by 23.26% y...
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Date:2013/03/25
China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan announced to remain its list prices for electric furnace (EF) Al-killed wire rods unchanged for April.After the announcement, the company’s list prices for EF Al-killed wire rods are at...
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Date:2013/03/28
On March 27, Beijing-based Chinese steel giant Shougang Group announced that in the January-February period of the current year its subsidiary Shougang Tonggang Mining Co. produced 435,300 mt of iron ore, equivalent to 100.87 percent of the productio...
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Date:2013/03/27
It’s reported that Chung Hung Steel, one of the major steel flats producers in Taiwan announced to leave its list prices unchanged for April.After the announcement, its list prices for hot rolled steel products are at NT$19,100~NT$19,600/ton; those f...
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Date:2013/03/25
On March 22, Henan Province-based Chinese steelmaker Anyang Iron and Steel Group Co. issued its financial results for 2012. In 2012, Anyang Steel achieved an operating revenue of RMB 20.951 billion ($3.3 billion), down 29.62 percent on year-on...
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Date:2013/03/28
China’s Ministry of Commerce (MOC) has announced that during last week (March 18-24) the average steel price in China decreased by 0.2 percent compared to the previous week. In particular, in the given week prices of 12 mm diameter rebar, 80 mm x 43 ...
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Date:2013/03/26
In the January-February period of the current year, China’s crude steel output totaled 125.45 million mt, up 10.6 percent year on year, while its finished steel, coke and ferroalloy outputs came to 158.27 million mt, 73.61 million mt, and 5.1 million...
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Date:2013/03/25
On March 22, Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group announced that in the January-February period of the current year its subsidiary Hebei Iron and Steel Group Mining Co. (Hebei Steel Mining) produced 1.2191 million mt of ...
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Date:2013/03/28
As of March 25, inventory of iron ore at 25 major Chinese ports amounted to 72.59 million mt, down 1.43 million mt or 1.92 percent on week-on-week basis, as announced by China’s Xinhua News Agency. As of March 25, the Xinhua-China Iron Ore Pri...
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Date:2013/03/26
China Resources Cement Holdings Ltd, the largest cement producer in South China, has earned HKD 2.32 billion in net profit attributable to shareholders last year, reflecting a YoY decrease of 44.4%.In a statement filed with the Hong Kong Stock Exchan...
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Date:2013/03/25
According to data released by China Iron and Steel Association (CISA), the major 86 medium-and-large steel enterprises realized sales revenues of RMB300.292 billion in January, rising by 16%. The profits were at RMB1.338 billion.However, 30% of those...
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Date:2013/03/26
Shanghai based Chinese steel giant Baosteel has announced that, with the delivery of a final batch of welded pipe, it has completed its total supply of 87,000 tonne of line pipe to China National Offshore Oil Corpfor the 3-1 gas area of Li Bay in the...
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Date:2013/03/25
Reportedly, the Chinese steelmaker Tangshan Steel, a subsidiary of Heibei Steel has inked agreement to acquire 10% stakes at Swiss-based Duferco International Holding, the world’s largest steel trader, in order to expand its business fields in overse...
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Date:2013/03/22
Construction has commenced on the new stainless steel project of Henan Province-based Chinese stainless steel producer Xuyuan Group, as reported by local media sources on March 19. Total investment in the project, which is based in the county ...
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Date:2013/03/25
Reportedly, Baosteel Stainless announced to cut its domestic prices for austenitic stainless steel coils for April in order to reflect lower nickel prices and weak demand.The company decided to cut its domestic prices for 304 grade hot rolled coils a...