Search result ( 34199)
  • New cold rolling mill speed record set by Fives DMS at TISCO in China

    Date:2013/01/07

    230 times viewed. Saturday, 05 Jan 2013 This summer, Fives DMS commissioned a cold rolling mill for TISCO at its plant in Taiyuan (that was able to achieve a maximum speed of 1,200 meters per minute for cold rolling stainless steel. This pulverizes ...

  • Steel enterprises in Hebei see 50.34% fall in gross profit in Jan-Nov

    Date:2013/01/10

    In the January-November period of 2012, the aggregate gross profit of 65 major steel enterprises in China’s Hebei Province totaled RMB 13.915 billion ($2.2 billion), down 50.34 percent year on year and only accounting for 7.05 percent of total gross ...

  • CISA: China’s 2012 crude steel output to reach 720 million mt

    Date:2013/01/08

    On January 5, the China Iron and Steel Association (CISA) stated that in the first 11 months of 2012 Chinese crude steel output amounted to 660.13 million mt, up 2.9 percent year on year, with this year-on-year growth rate down 6.9 percentage points ...

  • New Year opens with a bang in Chinese steel market

    Date:2013/01/07

    2013 had crackling opening in China with steel leaping by 1% on the first working day. Even though it was not a surprise since the tempo had been set at the beginning of Q4 with the resounding economic pouring in. Ensuing optimism on raw material mar...

  • Stainless steel stocks fall in Chinese Wuxi market

    Date:2013/01/09

    According to statistics, the stocks of stainless steel products totaled 188,489 tons in the Chinese Wuxi market in the last 10 days of December, falling by 1.86% from the previous 10 days.Among them, 104,552 tons were cold rolled stainless steel prod...

  • Baosteel to lift up February steel prices

    Date:2013/01/08

    According to report, China’s steel giant Baosteel said today that it will increase steel prices for February on higher raw material costs and strong outlook for steel demand.This accouchement may encourage other large steel mill to raise the price as...

  • Sichuan breaks ground first large scale gas power project

    Date:2013/01/07

    Accordingly, Sichuan Province's first large-scale gas-fired power station began to break ground last week, but analysts warned that the high price of feedstock gas means the USD 800 million project may struggle to turn a profit.Accordi...

  • Chinese steel sectors post net loss for Jan-Nov

    Date:2013/01/09

    The large and medium-size steel enterprises in China posted net loss of RMB1.97 billion for the first 11 months of 2012, according to the China Iron and Steel Association (CISA).In the first 11 months of 2012, the total sales revenues realized by the...

  • China’s Jiuli grabs Oman stainless pipe supply deal

    Date:2013/01/08

    Reportedly, Chinese Jiuli Stainless Steel Pipe announced that the company has won the US$13.9 million contract order for the supply of duplex stainless steel line pipes from Oman Oil Company Exploration & Production (OOCEP). The company also indi...

  • Chinese steel industry’s gross profits slump by 48.3% in Jan-Oct

    Date:2013/01/06

    According to statistics released by China’s National Development and Reform Commission (NDRC), the country’s iron and steel industry realized gross profits of RMB113.1 billion in the first 10 months of this year, slumping by 48.3% year on year.Among ...

  • Shuicheng Steel’s finished steel output reaches 5 million mt in 2012

    Date:2013/01/09

    On January 8, Guizhou Province-based Chinese steelmaker Shuicheng Iron and Steel (Group) Co., a subsidiary of major Chinese steel producer Shougang Group, announced that its finished steel output in 2012 amounted to a total of 5 million mt. Shuicheng...

  • Taiwanese Tycoons Group's December sales revenue to rise 18.3%

    Date:2013/01/08

    Tycoons Group, one of the major wire and wire rod manufacturers in both Taiwanese and Thailand market announced its December sales revenues were at NT$298 million , soaring by 18.3% from a month ago and jumping by 110.43% year on year. Also, Tycoons ...

  • China’s exports of stainless steel flat products jumps in November

    Date:2013/01/06

    According to statistics released by the customs, China’s exports of stainless steel flat products totaled 156,839 tons in November, rising by 31% year on year and increasing by 33% from a month ago.In November, China’s exports of stainless steel flat...

  • Meishan Mining produces 2.3428 million mt of iron ore concentrate in 2012

    Date:2013/01/09

    On January 8, Nanjing-based Meishan Mining Company, a subsidiary of Chinese steel giant Baosteel, announced that in 2012 it produced 3.9898 million mt of raw iron ore and 2.3428 million mt of iron ore concentrate, with the latter indicating an increa...

  • Taiwanese Yieh Phui's January sales revenue may rise

    Date:2013/01/08

    The Vice-President of Yieh Phui, one of the major coating steel mills in Asia said that the company might have the profitable sales number in this January due to the good export sales prices.Besides, the company’s February allocation has almost been ...

  • Feng Hsin increases rebar prices for this week

    Date:2013/01/06

    Feng Hsin, one of the major steel long product makers in Taiwan announced to raise its rebar prices by NT$400/ton to NT$18,900/ton for this week.Besides, the company increased its scrap prices by NT$400/ton to NT$11,500~NT$12,200/ton for this week.Ho...

  • Hongqiao Group unveils Indonesia alumina JV

    Date:2013/01/07

    Interfax reported that China's second largest privately owned aluminum producer Hongqiao Group has agreed to take a majority stake in a USD 1 billion alumina joint venture in Indonesia, joining the growing ranks of Chinese smelters investing in ...

  • Jiuli Steel to supply stainless pipes to Oman

    Date:2013/01/06

    On January 3, Zhejiang Province-based Chinese pipe producer Jiuli Stainless Steel Pipe Co. announced that it recently received an order from Oman Oil Company Exploration & Production LLC (OOCEP), a subsidiary of Oman Oil Company S.A.O.C (OOC). &n...

  • Hebei Steel to supply 200,000 mt for lines 7 and 9 of Shenzhen metro

    Date:2013/01/06

    On January 4, Hebei Province-based major Chinese steel producer Hebei Iron and Steel Group announced that it has signed a contract with China Railway Material Group Southwest Co., Ltd for the supply of 200,000 mt of steel in the coming four years for...

  • China’s iron ore appetite set to return

    Date:2013/01/06

    In a report out this week Norwegian analysts at Arctic Securities suggest Chinese iron ore imports are set to spike. The news comes as iron ore inventories at Chinese ports stand at their lowest for more than two years.Stockpiles stood at 71.3m metri...

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