Search result ( 34199)
  • Taiwanese Quintain Steel expects to reduce loss in Q4

    Date:2012/11/28

    Quintain Steel, one of the major wire products re-rolling mills in Taiwan said that the steel prices seem to bottom out in the Taiwanese market since Taiwan's China Steel Corp. (CSC) announced to keep its new prices for steel bars and wires unch...

  • Largest steel trading center in Jiangxi opens its doors

    Date:2012/11/27

    The largest steel trading center in China’s Jiangxi Province officially opened in Changbei in the city of Nanchang on November 25, as reported by local Chinese media sources.   Located on an area covering 40 hectares, the center is expected to h...

  • Spot iron ore prices slide further

    Date:2012/11/28

    It’s reported that the spot iron ore prices have continue falling this year.At present, the spot prices of the Indian iron ore fines contain 63.5% Fe have decreased to US$121~US$122/ton C&F, down by US$0.5/ton from US$121.5~US$122.5/ton in a week...

  • Yongjin Metal Technology increases stainless precision strip output

    Date:2012/11/27

    Nantong, Jiangsu Province-based Chinese steelmaker Yongjin Metal Technology Co., a subsidiary of Zhejiang Yongjin Metal Technology Co., has announced that it has achieved adaily output capacity of 300 mt of stainless steel precision strip since offic...

  • China’s exports of stainless steel flat products fall by 13% m-o-m in October

    Date:2012/11/28

    According to statistics released by the Chinese customs, China exported 118,103 tons of stainless hot rolled (HR) and cold rolled (HR) flat products in October, falling by 12.6% from a month ago while rising by 18.1% year on year.In the first ten mon...

  • Baogang gets green light for issuance of 1.65 billion new shares

    Date:2012/11/27

    As announced on November 23 by Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang Group), the company’s non-public issuance of 1.65 billion new shares has received approval from the China Securities Regulatory Commission (CSRC...

  • NDRC: China’s crude steel output up 2.1 percent in Jan-Oct

    Date:2012/11/28

    In the January-October period of this year, China’s aggregate crude steel output totaled 602.23 million mt, up 2.1 percent year on year, as announced by China’s National Development and Reform Commission (NDRC). Meanwhile, the country’s finished stee...

  • Taiwanese steel pipe makers may hike prices for December

    Date:2012/11/26

    Reportedly, the Taiwanese steel pipe makers may hike the list prices by at least NT$500/ton for December in response to Chung Hung Steel’s price hike.It’s learned that Chung Hung Steel, one of the major upstream raw material suppliers to the steel pi...

  • Baosteel spends RMB 1.625 billion on share buyback program to date

    Date:2012/11/26

    Shanghai-based Chinese steelmaker Baoshan Iron and Steel Co., Ltd (Baosteel) has announced that as of November 22 it has spent RMB 1.625 billion ($261 million), including commissions, on buying back 352 million of its own shares, paying between RMB 4...

  • CSC mulls to file AD complaint on steel plates from Japan and India

    Date:2012/11/26

    China Steel Corp. (CSC), the largest carbon steelmakers in Taiwan said on November 22nd that it is mulling to file an antidumping complaint on steel plates from Japan and India.Last year, CSC submitted an applicant to accuse the steel plates imported...

  • China's tax cut plan for iron ore miners unlikely to slash imports

    Date:2012/11/26

    A proposed tax cut by China for its iron ore miners could lead to lower prices of the raw material, but it is unlikely to reduce imports by the world's top buyer as it does little to improve the competitiveness of domestic producers.China may al...

  • Taiwan’s large-size wire rod export prices drop

    Date:2012/11/22

    It’s reported that Taiwan’s export prices of large-size wire rods with diameters larger than 14mm hit the lowest level since this year in October.In fact, Taiwan’s export prices of large-size wire rods had remained at around NT$25,000/ton since this ...

  • China considers tax cut for iron ore miners -paper

    Date:2012/11/21

    China is considering cutting taxes for domestic iron ore miners, state media reported on Tuesday, as mining firms in the world's top consumer of the ore struggle to compete with overseas rivals.The country's Ministry of Industry and Informa...

  • WISCO plans to upgrade steel industry in Hubei by 2015

    Date:2012/11/26

    It’s reported that Chinese steelmaker Wuhan Iron and Steel Group (Wisco) has announced to invest approximately US$6.2 billion for improvement of steel production process and technology upgrades in Hubei area by 2015. Basically, the company has invest...

  • Bayi Iron and Steel permanently shuts down two converters

    Date:2012/11/22

    On November 19, Xinjiang region-based Chinese steel producer Bayi Iron and Steel, a subsidiary of Chinese steel giant Baosteel, permanently shut down two converters at its first steelworks due to excessive emissions, as announced by local Chinese med...

  • CISA sees China’s crude steel output to exceed 1 billion tons by end of 2011

    Date:2012/11/21

    Wang Xiaoqi, the vice chairman of China Iron & Steel Association (CISA) indicated that China’s crude steel output would exceed 1 billion tons by the end of this year, much higher than 970 million tons at the end of a year ago.He added that the ov...

  • China’s exports of steel products rise by 10% y-o-y in Jan-Sep period

    Date:2012/11/26

    According to statistics, China exported 40.94 million tons of steel products in the first nine months of this year, rising by 10.2% year on year.It’s analyzed that the Chinese steelmakers have aimed on export market since the steel prices dropped in ...

  • MOC: China’s average steel price remains unchanged

    Date:2012/11/22

    China’s Ministry of Commerce (MOC) has announced that during last week (November 12-18) the overall average steel price in China remained unchanged compared to the previous week.   In particular, in the given week prices of 1 mm cold rolled she...

  • China’s finished steel inventory starts to indicate some increases

    Date:2012/11/20

    As of November 16 this year, inventory of the main finished steel products (plate, hot rolled coil (HRC), cold rolled coil (CRC), rebar and wire rod) in 26 major steel markets in China totaled 12.092 million mt, up 7,000 mt as compared to the previou...

  • Chinese special steel enterprises see reduced outputs in Jan-Oct

    Date:2012/11/23

    The China Special Steel Enterprises Association (SSEA) has issued its member companies’ steel output figures for the January-October period of this year. Accordingly, SSEA member companies’ overall crude steel output in the given period totaled 83,02...

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