-
Date:2013/03/06
Stockpiles of iron ore at 25 major Chinese ports further dropped by the end of the period from Feb. 26 to March 1, according to the iron ore price report released by the Xinhua News Agency on Tuesday.
Inventories of imported iron ore at the ports sto...
-
Date:2013/03/07
According to data released by China’s Customs, China’s exports of welded pipes in January increased by 20% from a month ago, driven by a rebound in shipments of oil and gas line pipes. The country’s welded pipe exports reached 335,948 tons in January...
-
Date:2013/03/04
China's purchasing managers' index (PMI) for its domestic manufacturing sector was at 50.1 percent in February this year, down 0.3 percentage points compared to January, according to the figures released by China’s National Bureau of Statis...
-
Date:2013/03/05
Henan Province-based Pingmei Shenma Group has established its second joint venture, called Zhongping Echeng Integrated Coking Co., with Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Corp. (WISCO), according to Chinese media sou...
-
Date:2013/03/07
Baosteel Group, the parent of China's biggest listed steelmaker, expects a moderate increase in steel demand this year, General Manager He Wenbo said.
"The steel industry hit a trough last year," He, who's also chairman of unit Baoshan Iron...
-
Date:2013/03/04
Tang Eng Iron Works (TE), one of the major stainless steel mills in Taiwan, has announced to keep its March price unchanged in Taiwan domestic market. TE's vice president said to calculate by mill's cost. The company actually still has some...
-
Date:2013/03/05
Shanghai-based Chinese steelmaker Baoshan Iron and Steel Co. Ltd (Baosteel) has announced that as of February 28 it has spent RMB 2.304 billion ($367 million), including commissions, to buy back 492 million of its own shares, paying between RMB 4.51 ...
-
Date:2013/03/06
China’s Ministry of Commerce (MOC) has announced that during last week (February 25-March 3) the average steel price in China decreased by 0.4 percent compared to the previous week.
In particular, in the given week prices of 10 mm steel plate,...
-
Date:2013/03/04
China's steel industry will continue to face difficulties to cut costs and boost exports in the first quarter amid growing trade dispute s, even though domestic demand is gradually increasing, a major economic policymaker said.
The National Deve...
-
Date:2013/03/05
On March 4, Zhejiang province-based Jiuli Special Material Technology Co. has announced that it plans to issue its first short-term bonds in 2013 worth RMB 200 million ($32.2 million).The period of issuance of the short-term bonds is one year, with C...
-
Date:2013/03/06
China’s crude steel output is expected to be around 745-755 mt in 2013, or 5-6% higher y/y, according to a market analysis by Deutsche Bank (DB).The estimated figure represents a considerable deceleration from the previous decade where growth rates a...
-
Date:2013/03/01
Demand for iron ore in China, the world's biggest importer of the steelmaking raw material, will grow at a faster pace this year, in step with an improving economy that should boost consumption of steel, an industry official said.Iron ore prices...
-
Date:2013/03/05
According to the China Iron and Steel Association (CISA), in January of the current year the steel sales of large and medium-sized steelmakers in China amounted to 42.4372 million mt, up by 4.6857 million mt or 12.41 percent year on year. Addi...
-
Date:2013/03/06
On March 5, Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang Group) announced that in February this year it produced 775,500 mt of pig iron, down 10.58 percent, 818,100 mt of crude steel, down 8.26 percent, and 778,300 mt of...
-
Date:2013/03/01
On February 28, Jiangsu Province-based Chinese steelmaker Shagang Co., Ltd issued its financial results for 2012.
Accordingly, Shangang Co. achieved an operating revenue of RMB 12.143 billion ($1.9 billion) in 2012, down 19.04 percent year on year. M...
-
Date:2013/03/05
As of March 1, 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 21.751 million mt, up 1.367 million mt week on week and constituting t...
-
Date:2013/03/01
Yieh Phui Enterprise (YP), one of the major coating steel mills in Taiwan, has announced its January combining sales revenue was NT$4.819 billion which has risen 8.12% Y-O-Y. Due to the dropping NTD currency, YP has become profitable in January, it i...
-
Date:2013/03/01
Chinese steelmaker Jiangsu Changbao Steel Tube Co. Ltd has announced its financial results for 2012.
Accordingly, in 2012 Changbao Steel Tube achieved an operating revenue of RMB 3.435 billion ($547 million), down 7.64 percent, while its operating pr...
-
Date:2013/03/05
Because of the slumping nickel prices at LME, the major stainless steel producers in Taiwan including Yieh United Steel Corp. (Yusco), Tang Eng and Walsin Lihwa all announced to keep the price flat for March.However, the Taiwanese stainless steel mar...
-
Date:2013/03/01
Shanghai-based Chinese special steel manufacturer Baosteel Special Material Co., a subsidiary of Shanghai-based Chinese steelmaker Baoshan Iron and Steel Co. Ltd (Baosteel), has finally delivered its first consignment of ultra-supercritical boiler tu...