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Date:2012/11/06
Hansteel, a constituent company of Heben Iron and Steel Group announced to hike its prices for steel wire products by RMB60/ton averagely for November.The firm decided to raise the prices for 40-60# hard wire rods by RMB60/ton for November, making it...
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Date:2012/11/05
As of October 31 this year, China’s Shandong Province had achieved 98 percent of its elimination targets for backward or dated industrial production capacities in the province for the current year, with a total of 182 enterprises affected by the capa...
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Date:2012/11/06
The Chinese steel giant Baosteel announced to hike the list prices for certain steel wire products by RMB200~RMB320/ton for November.The firm decided to hike the November list prices for reinforcing wires and welded wires by RMB320/ton and RMB200/ton...
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Date:2012/11/05
Shanghai-based Chinese steelmaker Baoshan Iron and Steel Co., Ltd (Baosteel) has announced that as of November 1 it has spent RMB 1.117 billion ($177 million), including commissions, to buy back 243 million of its own shares, paying between RMB 4.51 ...
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Date:2012/11/06
Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang Group) has announced that in September this year its rail and beam plant produced 65,500 mt of steel rails. Meanwhile, the plant’s total steel rail output in the January-Septe...
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Date:2012/11/05
According to local sources, the stainless steel inventories in the Chinese Wuxi market totaled 190,100 tons in the last 10 days of October, rising by 6.37% from the previous 10 days.Among them, 112,897 tons were cold rolled stainless steel, increasin...
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Date:2012/11/06
Hebei Province-based Chinese steelmaker Tangshan Iron and Steel Co., a subsidiary of Hebei Iron and Steel Group, has announced that in the January-October period of the current year its subsidiary Tangshan Heavy Plate Co. exported 161,700 mt of steel...
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Date:2012/11/05
The Chinese steel industry will be a big cause for concern in the fourth quarter due to shrinking demand and heavy losses, according to Huang Libin, an official of Ministry of Industry and Information Technology.He said the Chinese steel sector′s per...
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Date:2012/11/02
Shanxi Province-based Chinese steelmaker Taigang Stainless Steel Co., a subsidiary of Taiyuan Iron and Steel (Group) Co., has issued its financial results for the third quarter of this year.
In the third quarter, Taigang Stainless Steel achieved an ...
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Date:2012/11/02
In the third quarter, Changbao Steel Tube saw an operating revenue of RMB 941 million ($150.82 million), down 10.39 percent, while its net profit totaled RMB 64.16 million ($10.28 million), down 8.88 percent, both year on year. Meanwhile, in the firs...
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Date:2012/11/02
In October this year, the anticipated aggregate hot rolled coil (HRC) output of 40 major large and medium-sized steel enterprises in China is 9,719,500 mt, down 0.33 percent or 32,500 mt compared to the September output figure, according to the China...
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Date:2012/11/01
The Chinese steel giant Baosteel will pour RMB8 billion to invest in a natural gas pipeline built by a key customer, aiming to strengthen business tie.Baosteel will acquire 12.8% of China National Petroleum Corporation's third West East pipeline...
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Date:2012/11/02
On October 31, China’s National Development and Reform Commission (NDRC) issued financial results for China’s steel sector in the January-September period of the current year.
According to the NDRC, in the January-September period the aggrega...
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Date:2012/10/31
As of October 26, total iron ore inventory at 30 major Chinese ports amounted to 90.82 million mt, up 810,000 mt week on week and indicating the first week-on-week increase in four weeks, according to China’s National Bureau of Statistics.
The overa...
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Date:2012/10/30
On October 27, Henan Province-based Chinese steelmaker Anyang Iron and Steel Group Co. issued its financial results for the third quarter and the first three quarters of this year.
In the third quarter, Anyang Steel achieved an operating revenue of R...
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Date:2012/11/02
According to statistics, the stainless steel stocks in the Chinese Foshan market totaled 131,388 tons in the last 10 days of October, rising by 5.7% from the previous 10 days.Among them, 70,242 tons were cold rolled stainless steel, increasing by 2,6...
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Date:2012/10/31
According to statistics released by the National Development and Reform Commission (NDRC), China’s crude steel output totaled 542.34 million tons in the first three quarters of this year, up slightly by 1.7% year on year.Meanwhile, the Chinese steel ...
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Date:2012/10/30
In January-September of the current year, the large and medium-sized industrial enterprises in China achieved RMB 3.52 trillion ($ 564.82 billion) profit, down 1.8 percent year on year. In September, the companies registered a profit of RMB 464.3 bil...
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Date:2012/11/02
A senior executive of top miner BHP Billiton said China's economy could easily grow up to 7.5 percent a year in the decade ahead, prompting the company to quickly say the remark did not represent a downgrade of its official view.A BHP spokeswoma...
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Date:2012/10/31
Chinese steelmaker Shougang has issued its third quarter financial results of the current year. According to the report that the company has returned to profit in the third quarter, following the losses recorded in the first quarter of 2012.Shougang ...