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Date:2012/12/05
China’s Ministry of Commerce (MOC) has announced that during last week (November 26-December 2) the average steel price in China decreased by 0.2 percent compared to the previous week.
In particular, in the given week prices of 10 mm steel pl...
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Date:2012/11/30
In October this year, the aggregate gross profit of 65 major steel enterprises in China’s Hebei Province totaled RMB 1.358 billion ($218 million), compared to an aggregate net loss of RMB 721 million ($116 million) in September of the current year, a...
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Date:2012/12/03
According to statistics, the major 65 steel enterprises in Chinese Hebei province realized net profits of RMB1.358 billion in October, soaring substantially from net losses of RMB721 million in September, driven by rebounded steel market.However, tho...
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Date:2012/12/05
Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel (Baogang Group) has announced that in November this year the output of iron ore at its Baiyun mine totaled 3.5504 million mt, equivalent to 102.91 percent of the planned production target ...
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Date:2012/11/30
Major Chinese steel producer Hebei Iron and Steel Group is expected to complete the injection of several iron ore and related assets into its listed subsidiary Heibei Iron and Steel Co. Ltd by the end of the current year, as reported by Chinese media...
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Date:2012/12/03
The China Private Enterprise Confederation, the National Statistical Society of China and the Enterprise Research Center of the Chinese Academy of Management Science have issued their list of China's top 500 private sector enterprises for 2012.&...
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Date:2012/11/30
According to statistics released by the China Iron & Steel Association (CISA), China’s daily crude steel output in the second 10 days of November averaged at 1.9518 million ton, falling by 0.25% from 1.9567 million tons in the previous 10 days.In...
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Date:2012/12/03
On November 30, Chinese steelmaker Pangang Steel Vanadium & Titanium Plant Co., subsidiary of Sichuan Province-based Chinese state-owned steel producer Panzhihua Iron and Steel (Pangang Group), announced that it will subscribe 130 million shares ...
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Date:2012/11/29
According to statistics, China imported 271,000 tons of scraps in October, slumping by 51.6% year on year and falling by 8.9% from a month ago.In October, Japan was the largest scrap supplier to China with 195,000 tons, down by 7.6%; the US was the s...
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Date:2012/11/29
Reportedly, the Chinese traders may cut the export quotes of hot rolled coils (HRC) by US$10~US$15/ton due to weak demand, according to market insiders.Traders indicated that the Chinese steel domestic prices started to rise since September, pushing ...
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Date:2012/11/29
It’s reported that the spot iron ore prices have continued falling recently.At present, the spot prices of Indian iron ore fines contain 63.5% Fe to China are at US$120.5~US$121.5/ton C&F, falling slightly by US$0.5/ton.Also, the spot iron ore pr...
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Date:2012/11/28
On November 26, Meiwei Wheel Co., a subsidiary of Shanghai-based Chinese steelmaker Baosteel, held a ceremony to mark the start of construction of its new high-end steel wheel production project on a site covering eight hectares in Yufu industry park...
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Date:2012/11/29
Taiwanese screw producers including Chun Yu Group and Tycoons said that their exports of small screws in this month have increased by 10% ~20% from a month ago, driven by the good sign of economy in the US.The two Taiwanese mills expected their expor...
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Date:2012/11/28
China's top economic planning agency has submitted a plan to scrap an annual coal contract system requiring suppliers to sell certain quantities to power companies at preferential prices, industry sources said on Tuesday.The move heralds a big s...
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Date:2012/11/29
It’s reported that the Taiwanese stainless steel mills are going to release December price policy this week.Industry predicted that the Taiwanese stainless steel mills might seek to leave the December list prices unchanged since the LME nickel prices...
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Date:2012/11/27
Last week, the spot prices of stainless steel products in the Chinese market merely increased by about RMB100-RMB200/ton (US$16~US$32/ton), in spite of sharply rising nickel prices.It’s known that the nickel prices surged by around US$1,000/ton in th...
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Date:2012/11/29
South Africa-based coal producer Coal of Africa Limited (CoAL) has announced that China-based coal producer Haohua Energy International (HEI), a wholly-owned subsidiary of Beijing Haohua Energy Resource (BHE) has received approval from the Australian...
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Date:2012/11/27
It's reported that Chinese steel industry will see a recovery from the fourth quarter of 2012 through the next year after posting huge losses of RMB 5.5 billion in the first three quarters of this year.According to Mr. Liu Zhenjiang, the vice pr...
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Date:2012/11/29
On November 27, Hubei Province-based Chinese steelmaker Wuhan Iron and Steel Co. Ltd (WISCO), a subsidiary of Wuhan Iron and Steel (Group) Corp, announced that it plans to issue non-public A shares to raise funds not exceeding RMB 15 billion ($2.4 bi...
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Date:2012/11/27
As of November 23 this year, inventory of iron ore at thirty major ports in China amounted to 82.63 million mt, decreasing on week-on-week basis for a fourth successive week, down by 2.68 million mt week on week and down 14.7 million mt compared with...