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Date:2013/01/17
Chongqing-based Chinese steelmaker Chongqing Iron and Steel Co. (Chongqing Steel), a subsidiary of Chongqing Iron and Steel (Group) Co., has signed a strategic cooperation agreement for shipbuilding steel supply in 2013 with Zhejiang Province-based C...
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Date:2013/01/21
China Steel Corp. (CSC), the largest carbon steel producer in Taiwan is going to release its list prices for March. Meanwhile, Chung Hung Steel, the subsidiary of CSC will announced its prices in January 22nd.It’s estimated that the CSC and Chung Hun...
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Date:2013/01/16
It’s reported that Taiwan’s scrap import prices have kept rising recently.At present, the quotes of the US HMS 80:20 (1&2) to Taiwan have surged to US$425~US$430/ton C&F.It’s learned that Taiwan’s scrap import prices have jumped by US$30ton s...
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Date:2013/01/17
On January 15, Beijing-based Chinese steel producer Shougang Group announced that its estimated total output of crude steel in 2012 was 31.42 million mt, up 4.6 percent or 1.38 million mt year on year. In addition, the group’s sales revenue for 2012 ...
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Date:2013/01/16
It’s reported that Taigang Stainless, the largest stainless steel producer in China announced to cut its export prices for 304 grade stainless coils by US$50/ton for the shipments between February and end of March.However, its rival Baosteel hiked it...
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Date:2013/01/21
It’s reported that the spot iron ore prices have decreased substantially recently.At present, the spot prices of Indian iron ore fines contains 63.5% Fe have fallen to US$147.5~US$148.5/ton C&F, down by US$5/ton from the previous US$152.5~US$153....
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Date:2013/01/17
China’s Ministry of Commerce (MOC) has announced that during last week (January 7-13) the average steel price in China increased by 0.4 percent compared to the previous week. In particular, in the given week prices of 3 mm hot rolled sheet, 10 mm ste...
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Date:2013/01/15
On January 11, Jiangsu Province-based Chinese steelmaker Shagang Co., Ltd issued its estimated adjusted financial results for 2012, indicating a net profit of RMB 13-40 million ($2.1-6.4 million), with a decrease of 85-95 percent compared to its net ...
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Date:2013/01/15
As of January 11, total iron ore inventory at 30 major Chinese ports amounted to 74.5 million mt, down 240,000 mt week on week, according to China’s National Bureau of Statistics. Meanwhile, the total iron ore inventory on the given date was 22.88 mi...
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Date:2013/01/15
As of January 11, inventory of the main finished steel products (plate, hot rolled coil (HRC), cold rolled coil (CRC), rebar and wire rod) in major steel markets in China totaled 14.017 million mt, up 388,000 mt compared to the previous week and cons...
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Date:2013/01/15
On January 14, Liaoning Province-based Chinese steelmaker Anshan Iron and Steel Group Co. (Ansteel) announced that it has signed a strategic cooperation agreement with Heilongjiang Province-based Chinese railway vehicle manufacturer Qiqihar Railway R...
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Date:2013/01/14
The largest Chinese private sector steelmaker, Jiangsu Province-based Shagang Group, has established headquarters for its international operations in Singapore to accelerate its internationalization process and explore the overseas markets, as report...
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Date:2013/01/15
Feng Hsin, one of the major steel long produce makers in Taiwan announced to leave its rebar list prices unchanged at NT$19,200/ton for this year after increasing the prices for consecutive four weeks.Also, the company remained its scrap purchasing p...
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Date:2013/01/11
According to media report, China Armco Metals Inc, one of the largest metal recyclers in China made it public that Armco (Lianyungang)Renewable Metals Inc, its wholly owned subsidiary, has inked a sales agreement with China's Jiangsu Lihuai Iron...
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Date:2013/01/15
The Chinese steel giant Wuhan Iron and Steel Group (Wisco) announced to leave its list prices for medium heavy plates unchanged for February.Taiwanese dealers said that Wisco’s list prices of medium heavy plates usually reflect the market situation. ...
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Date:2013/01/11
China's Ministry of Commerce (MOC) has announced that during last week (December 31, 2012-January 6, 2013) the average steel price in China increased by 0.3 percent compared to the previous week.
In particular, in the given week prices of 500 mm...
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Date:2013/01/15
Chinese state-owned shipbuilding conglomerate China State Shipbuilding Corporation (CSSC) has announced that its net profit is expected to decrease by 95-100 percent year on year in 2012, due to declining volumes of ships under construction, falling ...
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Date:2013/01/11
In 2012, China exported 55.73 million mt of finished steel, up 14 percent year on year, as announced by the Chinese customs authorities on January 10.
During the same period, China imported 740 million mt of iron ore, increasing by 8.4 percent year ...
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Date:2013/01/14
According to statistics, China imported 312,000 tons of scraps in November, slumping by 50.5% year on year but rising by 15% from a month ago. In November, the country’s scrap imports from Japan totaled 264,000 tons, increasing by 16.4% and those fro...
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Date:2013/01/11
CO2 emissions per unit of value-added industrial output in China will decrease by over 21 percent by 2015 compared to 2010, while a decrease of 18 percent is targeted for the domestic steel industry, according to the Industry Plan on Climate Change (...