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Date:2013/03/01
Bayi Steel, the Xinjiang-based subsidiary of Shanghai-based Chinese steel giant Baosteel Group, has announced that it plans to issue short-term bonds worth RMB 800 million ($127.4 million). The period of issuance of the bonds is one year, with Indust...
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Date:2013/02/28
According to the deputy secretary general of China Iron and Steel Association, China’s iron ore demand is estimated to surge by 5.71 percent to 1.11 billion tons in 2013.In 2012, China had imported 743.55 million ton of iron ore, increasing by 8.43 p...
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Date:2013/02/27
Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Corp. (WISCO) has announced that it has delivered its first batch of hot rolled U-section steel sheet piling for the Wuhan-Donghu channel project, having received an order to supply...
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Date:2013/02/28
China’s Ministry of Commerce (MOC) has announced that during last week (February 18-24) the average steel price in China increased by 0.2 percent compared to the previous week. In particular, in the given week prices of 12 mm diameter rebar, 1 mm thi...
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Date:2013/02/27
China Shagang Group, the biggest private steel group and the biggest rebar producer in China, was interested in exporting rebar products to Taiwan. It has 13 million tons capacity for rebar products currently, having passed the requirement of mill in...
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Date:2013/02/28
The China Iron and Steel Association (CISA) has stated that in mid-February (Feb. 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.719 million mt, up 1.01 percent compared ...
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Date:2013/02/27
Bearish sentiment is spreading among Chinese steel dealers, according to industry consultancy Mysteel, as the country's steel inventories reach record levels.
As of Feb 22, the stockpiles of the nation's five major steel products, including...
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Date:2013/02/28
On February 22, Liaoning Province-based Chinese steelmaker Anshan Iron and Steel Group Co. (Ansteel) acquired a stake in Guangzhou Province-based Nansha Iron and Steel Integrated Logistics Park Co. (Nansha), becoming its largest shareholder and marki...
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Date:2013/02/27
Stockpiles of iron ore at 25 major Chinese ports picked up during the week ending Feb. 25 due to increased business activities after the Spring Festival, according to Xinhua's latest iron ore price report on Tuesday.
Inventories of imported iron...
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Date:2013/02/28
On February 25, Anhui Province-based Chinese steel pipe producer Wuhu Xinxing Pipes Co., a wholly-owned subsidiary of Chinese pipe maker Xinxing Ductile Iron Pipes Co., commissioned its coke oven No. 1, as announced by stated-owned China Metallurgica...
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Date:2013/02/26
Hebei Province-based Chinese steelmaker Jinxi Iron and Steel Co., a subsidiary of China Oriental Group Co. Ltd, has announced that in 2012 it exported 302,600 mt of H-beam, bringing in $195 million in sales revenue. The total export volume in ...
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Date:2013/02/28
On February 26, Henan Province-based Chinese steelmaker Zhongyuan Special Steel Co. announced its financial results for 2012. Accordingly, in the given year its operating revenue was RMB 1.85432 billion ($297.2 million), up 6.77 percent year on year....
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Date:2013/02/26
Jiangsu Province-based Chinese steelmaker Shagang Group has announced that it plans to issue short-term bonds worth RMB 3 billion ($477 million). The period of issuance of the short-term bonds is one year, with China CITIC Bank as the main consignee....
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Date:2013/02/27
On February 21, Sichuan Province-based Pangang Xichang Steel & Vanadium Co., a subsidiary of Sichuan-based Chinese steel producer Panzhihua Iron and Steel Group (Pangang Group), has launched production at coke oven No. 4 of its coal chemical plan...
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Date:2013/02/26
As of February 22, 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 20.3837 million mt, up 2.3677 million mt compared to the previous ...
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Date:2013/02/27
On February 26, Anhui Province-based Chinese steelmaker Magang Group (Masteel) announced that its new slag processing project has been approved for financial support worth RMB 10 million ($1.6 million) by China’s central government. The projec...
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Date:2013/02/26
Hebei Province-based Chinese steelmaker Handan Iron and Steel Group Co., a subsidiary of major Chinese steel producer Hebei Iron and Steel Group, has won a contract to supply 1 million mt of HRB 400 rebar for Wudonghe Hydroelectric Power Station at J...
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Date:2013/02/26
Tycoons Group, one of the major wire products manufacturers in both Taiwan and Thailand market, said the company's orders for wire rod and wire products have been booked until this April. It is expected that the local price of wire products in s...
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Date:2013/02/26
According to the Stainless Steel Council of China Special Steel Enterprises Association (SSC), it has planned to reduce or limit the production output of 200- series because 200-series grades do not conform to global and AISI standards. Meanwhile, th...
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Date:2013/02/26
According to report, China’s Magang Mining Co., the subsidiary of Ma’anshan Iron & Steel Group (Magang), said it will start mining at Heshangqiao iron ore mine in Auhui province in June. The annual capacity is expected of 5 million tons. The new ...