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Date:2012/12/06
The spot iron ore prices have stabilized recently after continuously falling for a period of time.At present, the spot prices of the Indian iron ore fines contain 63.5% Fe to China remained unchanged at US$118.5~US$119.5/ton.However, the prices are s...
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Date:2012/12/05
In the January-November period of the current year, Yongcheng, Henan Province-based Chinese steel producer Minyuan Special Steel Co., a subsidiary of Henan-based Anyang Iron and Steel Group, achieved a total industrial output value of RMB 5.8 billion...
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Date:2012/12/06
On December 5, Beijing-based Chinese pipe producer Xinxing Ductile Iron Pipes Co. announced that it signed a framework investment agreement and convertible bond agreement in Beijing on November 29 with Canadian miner Northern Star Minerals.
A...
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Date:2012/12/04
In October this year, the aggregate sales revenue of 80 large and medium-sized steel enterprises in China totaled RMB 297.449 billion ($47.7 billion), up 2.55 percent year on year, as stated by an insider from the China Iron and Steel Association (CI...
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Date:2012/12/03
Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang Group) has announced that the technology upgrade of the rolling line No. 2 steel at its rail and beam plant has entered the final phase. Baogang expects to achieve an overall ...
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Date:2012/12/06
According to statistics released by the China’s customs, China’s imports of cold rolled (CR) steel products totaled 230,000 tons in October, declining substantially by 15.1% from a month ago and decreasing by 14.2% year on year.However, the country’s...
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Date:2012/12/03
On November 30, Liaoning Province-based Chinese steel producer Fushun Special Steel announced that Chinese steelmaker Dongbei Special Steel Group currently holds 224 million shares in Fushun Special Steel, accounting for 43.02 percent of total shares...
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Date:2012/12/04
From November 26 to November 30, China’s iron ore spot transaction platform run by the China Beijing International Mining Exchange (CMBX) recorded 11 offers of a total of 650,000 mt of iron, with the conclusion of one deal. No deal had been concluded...
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Date:2012/12/06
According to statistics learned from local sources, the stainless steel stocks totaled 188,203 tons in the Chinese Wuxi market in the last 10 days of November, down by 1.26% from the previous 10 days.Among them, 105,645 tons were cold rolled stainles...
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Date:2012/12/03
On November 29, the government of the city of Guangzhou in China’s Guangdong Provinceand the municipal government of Anshan in Liaoning Province signed a strategic cooperation agreement, while on the same day and within the scope of the agreement bet...
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Date:2012/12/04
As of November 30, total iron ore inventory at 30 major Chinese ports amounted to 80.66 million mt, down 1.97 million mt week on week, constituting the fifth consecutive week-on-week decline, according to China’s National Bureau of Statistics. The to...
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Date:2012/12/05
Recently, the spot iron ore prices have continued falling. At present, the spot prices of Indian iron ore fines contain 63.5% Fe are at US$118.5~US$119.5/ton C&F, decreasing by US$0.5/ton from the previous US$119~US$120/ton C&F.Meanwhile, it’...
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Date:2012/11/30
According to media report that Chinese state-run Anshan Iron & Steel Group (Ansteel), the second largest steel maker in Mainland China has notified price increase of hot-rolled steel coils (HRC) by US$21/ton and US$11/ton for its cold-rolled stee...
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Date:2012/12/04
In November this year, the purchasing managers’ index (PMI) of China’s steel sector was 49.2 percent, down 3.5 percentage points compared to the previous month, as announced by the China Steel Logistics Committee (CSLC) which is part of the China Fed...
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Date:2012/12/05
Chinese Xinjiang-based Bayi Steel announced that it realized sales incomes of RMB25.5 billion and net profits of RMB100 million in the first ten months of this year,In the first ten month of this year, the firm’s production of pig iron was at 5.9357 ...
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Date:2012/11/30
Chinese steel giant Baosteel have informed its customer to remain its tinplate domestic prices unchanged for next January, according to market insiders.Meanwhile, it’s learned that Baosteel has cancelled the special discount for certain customers for...
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Date:2012/12/04
The US Census Bureau of the Department of Commerce reported Monday that construction spending during October 2012 was estimated at a seasonally adjusted annual rate of $872.1 billion, 1.4 percent above the revised September estimate of $860.4 billion...
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Date:2012/12/05
The mineral resource exploration strategy of China’s Fujian Province for the 2011-20 period has been officially issued by the provincial authorities.
Accordingly, it is estimated that by 2020 the total investment in mineral resource expl...
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Date:2012/11/30
According to the data issued by the China Association of the National Shipbuilding Industry(CANSI), in the January-October period of the current year China’s completed shipbuilding output amounted to 46.67 million deadweight tons (dwt), down 15.5 per...
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Date:2012/12/04
The Chinese steel giant Baosteel currently informed its customer that it will raise the steel plate prices by RMB50~RMB100/ton for next January, driven by increased steel prices in Chinese domestic market.According to statistics released by China Iro...