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Date:2013/03/14
Spot iron ore prices hit their lowest since late December on Wednesday, as steel mills in top market China slow purchases, prompting some traders to unload stocks of the raw material.Record high steel output and inventories, as well as nagging concer...
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Date:2013/03/18
Growth in demand for steel in China, the world’s biggest consumer, is set to rebound from a four-year low, supporting earnings for mills and the iron ore producers that supply them. Apparent consumption, which includes production and net imports, may...
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Date:2013/03/15
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 supplied 5,600 mt of round bar to Chongqing Sangang Steel Industry Co., Ltd. These s...
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Date:2013/03/13
According to report of the China's National Bureau of Statistics (NBS), China’s producer price index (PPI) fell by 1.6% year on year while rising by 0.2% month on month in February.In February, the country’s domestic industrial producers’ purcha...
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Date:2013/03/18
According to media report that the oversupply problem of the iron ore for steel producers can be moderate as the iron ore stocks at China's major ports have been down to a 3 year low as results of decreased quantity imported. Furthermore, Chines...
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Date:2013/03/15
Spot iron ore prices and Shanghai rebar futures fell to their lowest levels for the year on weak steel demand in top consumer China, driving down shares of top miners Rio Tinto and BHP Billiton to their cheapest in more than three months.Chinese stee...
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Date:2013/03/13
On March 11, Zhejiang Province-based Chinese special steel producer Juili Special MaterialTechnology Co., formerly known as Jiuli Stainless Steel Pipe Co., issued its financial results for 2012. Accordingly, for 2012 Jiuli Special Material Tec...
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Date:2013/03/15
China's crude steel output hit a record high in February on talk of higher demand, but signs of economic weakness raised doubts about the market outlook.
Steel output rose 9.8 percent from a year earlier to 2.21 million tons a day last month, da...
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Date:2013/03/13
China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan is going to release its price policy for leeway for March.Industry sources forecasted that CSC might hike its March leeway prices by NT$800~NT$900/ton from the previous estimates of NT$...
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Date:2013/03/13
In the January-February period of the current year, China imported 121.95 million mt of iron ore and iron ore concentrate, down 1.5 percent year on year, according to the figures released by China’s General Administration of Customs.
In ...
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Date:2013/03/13
According to statistics, the stocks of stainless steel products in the Chinese Foshan market totaled 148,870 tons in the last 10 days of February, rising by 5.12% from a month ago.Among them, 75,074 tons were cold rolled stainless steel products, ris...
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Date:2013/03/11
It is learned that China’s biggest steelmaker Baosteel expects a moderate increase of steel demand in China this year. According to the company’s general manager He Wenbo, the steel sector faced difficulties last year but this year should become bett...
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Date:2013/03/12
In February this year, China's producer price index (PPI) decreased by 1.6 percent compared to February 2012 and indicated a slight rise of 0.2 percent month on month, as announced by China's National Bureau of Statistics (NBS). Meanwhile, ...
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Date:2013/03/11
Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group has announced that in January-February this year its Hebei-based subsidiary Handan Iron and Steel Co. (Hansteel) produced over 58,000 mt of line pipe steel. In particular, its output ...
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Date:2013/03/12
China's bloated steel sector is facing a wave of closures in the next few years, with slowing demand and decades of "blind" expansion finally about to catch up with the industry, a senior executive and parliamentary delegate said.Zhang Wuzong, t...
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Date:2013/03/11
On March 8, Sichuan Province-based Chinese miner Panzhihua Iron and Steel Mining Company (Pangang Mining Co.), a subsidiary of Pangang Group, announced that in the January-February period of the current year it produced 1.9721 million mt of iron ore ...
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Date:2013/03/12
Feng Hsin, one of the steel long product makers in Taiwan announced to cut its rebar list prices substantially by NT$400/ton to NT$18,700/ton for this week.Also, the company reduced its scrap purchasing prices by NT$300/ton to NT$11,400~NT$12,100/ton...
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Date:2013/03/11
Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group has announced that its Yanshan iron ore mine produced 263,700 mt of iron ore concentrate in the January-February period of the current year, exceeding the target for the given period ...
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Date:2013/03/12
As of March 8, inventory of the main finished steel products (plate, hot rolled coil (HRC), cold rolled coil (CRC), rebar and wire rod) in the major steel markets in China totaled 22.316 million mt, up 565,000 mt week on week and constituting the 12t...
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Date:2013/03/08
According to statistics, the stocks of stainless steel products in the Chinese Wuxi market totaled 189,808 tons in the Chinese Wuxi market in the last 8 days of February, rising by 2.99% from that in mid-February.Among them, 104,812 tons were cold ro...