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Date:2013/01/05
Jiangsu Province-based Chinese steel tube producer Changbao Steel Tube Co. has announced that it has won a tender to supply oil country tubular goods (OCTG) to China National Petroleum Corporation (CNPC).
Accordingly, Changbao Steel Tube will...
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Date:2013/01/04
The Chinese steel giant Wuhan Iron and Steel Group (Wisco) has supplies steel material for national strategic crude oil storage project in Tianjin.This project has commission Wisco to supply nearly 37% of total steel volumes at 20,000 tons of steel p...
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Date:2013/01/05
In December this year, the purchasing managers’ index (PMI) of China’s steel sector rose to 55.5 percent, up 6.3 percentage points compared to the previous month, as announced by the China Steel Logistics Committee (CSLC) which is part of the China F...
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Date:2013/01/04
The Chinese steel giant Taiyuan Iron and Steel Co. (Tisco) has initiated the construction at Ekou iron ore mine underground mining project in Shanxi, China for expansion.This iron ore mine has original contentment of iron ore nearly 260 million tons ...
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Date:2013/01/05
China's purchasing managers' index (PMI) for the manufacturing sector stayed at 50.6 percent in December, unchanged compared with November, according to China’s National Bureau of Statistics (NBS).
In November, the figure rose to 50...
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Date:2013/01/04
Taigang Stainless, the largest stainless steel producers in China planned to produce 3.4 million tons of crude stainless steel in 2013, rising by 9.7% from 3.1 million tons in 2012.In 2012, Taiyuan Iron & Steel Group (Tisco), the parent company o...
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Date:2013/01/05
Recently, the Taiwanese steel mills have hiked rebar prices in order to reflect higher scrap prices.It’s said that an electric furnace steel mill in northern Taiwan increased its rebar prices to NT$18,700/ton.At the same time, a mill in middle Taiwan...
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Date:2013/01/04
China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan is going to release its list prices for March.Market participants forecasted that CSC might raise its steel plate prices by more than NT$500/ton for March, driven by rising steel plate ...
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Date:2013/01/05
According to local sources, the stainless steel product stocks in the Chinese Foshan market totaled 117,166 tons in the last 10 days of December, decreasing by 3.13% from the previous 10 days.Among them, 54,624 tons were cold rolled stainless steel p...
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Date:2012/12/31
Yieh United Steel Corp. (Yusco), one of the major stainless steel producers in Taiwan announced to hike its domestic prices for stainless steel products for by NT$300~NT$1,500/ton for next January.Also, Yusco increased its export prices for stainless...
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Date:2013/01/05
Reuters reported that two Chinese companies have concluded deal to build a rail line, a steel plant and a sea port in Cambodia worth US$11.2 billion. Cambodia Iron and Steel Mining Industry Group on Monday has contracted China Railway Group to build ...
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Date:2012/12/31
On December 28, Chinese steel producer Hebei Iron and Steel Group announced that the injection of several iron ore and related assets into its listed subsidiary Hebei Iron and Steel Co. will not be completed by December 31, 2012 as had been scheduled...
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Date:2013/01/05
Hai Kwang, one of the major electric furnace mills in Southern Taiwan, said that its total sales for the whole of 2012 may show the break-even number.The weak market demand in the Taiwanese domestic market has made the company face difficulty to sell...
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Date:2012/12/31
On December 27, the China Iron and Steel Association (CISA) stated that in mid-December (Dec. 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1,623,300 mt, down 2.03 percent...
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Date:2013/01/04
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...
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Date:2012/12/31
On December 27, Chongqing-based Chinese steelmaker Chongqing Iron and Steel Co. announced it received financial subsidies worth RMB 1.5 billion ($238 million) from the Bureau of Finance of Chongqing City on December 24.
Chongqing Steel stated...
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Date:2013/01/04
China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan planned to pour NT$2.27 billion to revamp the electrical control system at its No. 2 hot strip mill in southern Taiwan from January, 2013 through December, 2017.CSC stated that the reva...
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Date:2012/12/31
In the January-October period of this year the aggregate gross profit of the Chinese iron and steel industry amounted to RMB 113.1 billion ($18.1 billion), decreasing by 48.3 percent year on year, according to the data released by China’s National De...
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Date:2012/12/28
It's reported that during an official forum, China Machinery Industry Federation has suggested the Ministry of Industry and Information Technology to raise the export tax rebate of fastener from current 5% to 13%, aiming to help the fastener ind...
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Date:2012/12/28
China’s crudes steel production reached 660 million tons in the first 11 months of this year, rising by 2.9% year on year, according to statistics released by the National Development and Reform Commission (NDRC).Accordingly, it’s predicted that the ...