-
Date:2013/03/19
Vale Chief Executive Murilo Ferreira said Chinese demand for iron ore is improving and he expect prices to be between $110 and $145 per dry metric ton this year.His comments come after a tumultuous year for the steel-making commodity, which plunged t...
-
Date:2013/03/18
Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group (HBIS) has announced that so far in the current year the exports of hot dip galvanized (HDG) steel sheet for the automotive sector of its Hebei-based subsidiary Handan Iron and Steel ...
-
Date:2013/03/19
Sichuan Province-based Chinese steelmaker Pangang Group Steel Vanadium & Titanium Co., Ltd has announced its financial results for 2012. Accordingly, the company achieved an operating revenue of RMB 15.602 billion ($2.5 billion) in 2012, d...
-
Date:2013/03/14
It’s reported that Chinese steelmaker Baosteel announced to cut its export prices for stainless austenitic coils by US$50/ton in order to reflect lower nickel prices.An official of Baosteel said that the demand has remained unchanged since late Febru...
-
Date:2013/03/18
Tangshan, Hebei Province-based Chinese steel producer Donghai Special Steel Co. has launched construction work on its continuous casting project No. 2, as announced by Beijing-based state-owned China Metallurgical Group Co. (MCC). The actual construc...
-
Date:2013/03/19
Chung Hung Steel, one of the major carbon steel re-rolling mills announced its combine sales revenue in this February totaled NT$3.792 billion, falling by 9% from a month ago.Also, its February shipping quantity has remained at 200,000 tons level. Fo...
-
Date:2013/03/14
China’s Ministry of Commerce (MOC) announced on March 12 that during last week (March 4-March 10) the average steel price in China decreased by 0.4 percent compared to the previous week. In particular, in the given week prices of 145 mm x 2.5m...
-
Date:2013/03/18
Sichuan Province-based Xichang Steel & Vanadium Co., a subsidiary of Sichuan-based Chinese steel producer Panzhihua Iron and Steel Group (Pangang Group), has started construction of pickling units within the scope of the first phase of its cold r...
-
Date:2013/03/19
Iron ore prices are falling swiftly, reversing a sharp uptrend seen since September, when they had declined to sub-$90 per tonne. Since then, prices continued to increase despite low global steel output growth. The reasons for this increase in prices...
-
Date:2013/03/14
It’s reported that Jiuli Hi-Tech Metals, one of the major stainless steel pipe producers in China has planned to raise its stainless steel pipe outputs by 19% from a year ago to 66,800 tons in 2013.Last year, the company commissioned new capacities w...
-
Date:2013/03/15
It’s reported that the spot iron ore prices have dropped recently.At present, the spot prices of Indian iron ore fines contain 63.5% Fe have fallen to US$145.75~US$146.75/ton C&F, decreasing by US$2/ton from the previous quote of US$147.75~US$148...
-
Date:2013/03/19
In February this year, of 70 major Chinese cities surveyed, 66 cities saw higher prices in the new house market, one city witnessed lower prices, while new house prices in the remaining three cities remained unchanged, all compared to January this ye...
-
Date:2013/03/14
According to statistics released by the National Bureau of Statistics (NBS), China’s crude steel output totaled 61.83 million tons in February.In February, the country’s daily crude steel output averaged at 2.208 million tons, rising by 7.6% from a m...
-
Date:2013/03/15
Mongolia-based Chinese miner Mongolian Mining Corporation (MMC) has announced its financial results for 2012. In 2012, MMC registered a net loss of $2.5 million, compared to a net profit of $119 million in the previous year, due to the lower cok...
-
Date:2013/03/18
the final quarter of last year, the world’s miners breathed a sigh of relief as China seemed to break out of its economic slowdown and speed up its consumption of iron ore. Prices of the commodity had shriveled to almost a three year low last S...
-
Date:2013/03/14
On March 12, Chinese steelmaker Pangang Steel Vanadium & Titanium Plant Co., a subsidiary of Sichuan Province-based Chinese state-owned steel producer Panzhihua Iron and Steel (Pangang Group), announced that its board of directors has approved an...
-
Date:2013/03/15
China’s overall fixed asset investments in its railways totaled RMB 37.62567 billion ($6 billion) in January-February this year, up RMB 7.69403 billion or 25.7 percent year on year, according to the figures issued by China’s Ministry of Railways on M...
-
Date:2013/03/18
Three of the world’s biggest mining companies are heading for a rough ride over the next few years as the once heavily-promoted commodities super-cycle enters its end game with the price of iron ore tipped to be the next mineral to suffer a sharp pri...
-
Date:2013/03/14
Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group has announced that in the January-February period of the current year its subsidiary Xuanhua Steel exported 33,235 mt of wire rod (all SAE grade), accounting for 19.6 percent of the c...
-
Date:2013/03/15
Reportedly, the Chinese Shanxi based Taigang Stainless announced to cut its export prices for austenitic coils by US$100/ton in order to reflect lower nickel prices.The official of Taigang Stainless stated that the price cut is mainly to reflect lowe...