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Date:2012/10/30
Reportedly, China’s largest coal producer Shenhua Energy has just posted a 7% net profit drop for the third quarter, citing the reduced coal demand amid current slowing economy.According to Reuters, the company’s third quarter profit was RMB12.1 bill...
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Date:2012/11/01
On October 31, Jiangsu Province-based Nanjing Iron and Steel Union Co. (NISCO) issued its financial results for the third quarter of this year. In the third quarter, Nanjing Steel saw an operating revenue of RMB 7.195 billion ($1.14 billion), ...
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Date:2012/10/31
According to statistics released by China’s customs, China exported 265,577 tons of cold rolled coils (CRC) in September, jumping by 37.5% from a month earlier while falling by 17.9% year on year.It’s analyzed that the surged CRC export volumes were ...
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Date:2012/10/29
China imported 14.85 million tons of coals in September, falling by 21.8% year on year, according to statistics released by China’s General Administration of Customs.In September, China’s coal exports totaled 525,891 tons, slumping by 56% year on yea...
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Date:2012/11/01
On October 31, Jiangxi Province-based Chinese steelmaker Xinyu Iron and Steel Co. issued its financial results for the third quarter of the current year. In the third quarter, Xinyu Steel achieved an operating revenue of RMB 9.095 billion ($1....
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Date:2012/10/31
On October 29, Shanghai-based Chinese steel giant Baoshan Iron and Steel Co. Ltd (Baosteel) issued its financial results for the third quarter of this year, indicating a net profit of RMB 1.181 billion ($187 million), down 4.88 pe...
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Date:2012/10/29
It’s reported that Chinese steel giant Baosteel might leave its domestic prices for steel plates unchanged for December.It’s known that Baosteel has kept its domestic prices for steel plates unchanged for a period of time after it cut the prices by R...
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Date:2012/11/01
The Chinese largest steelmaker Baosteel announced that its profits in the third quarter dropped by 4.9% due to decreased steel prices and weak demand.Baosteel said that its third quarter net profits declined to RMB1.18 billion; however, the figures w...
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Date:2012/10/30
Ningxia Autonomous region-based Chinese domestic steelmaker Xining Special Steel Co. issued its financial results for the third quarter of this year.
In the third quarter, Xining Special Steel's sales revenue totaled RMB 1.467 billion ($233 mil...
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Date:2012/10/29
Iron ore prices continued to climb this week on expected increase in demand from the steel industry. At Tianjin Port, iron ore fines 62% Fe, rose 3.7% to $119.6 per dry ton, while 58% Fe rose 4.5% to $110 per dry ton, according to The Steel Index (TS...
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Date:2012/11/01
Guizhou Province-based Chinese steelmaker Shuicheng Iron and Steel (Group) Co., a subsidiary of major Chinese steel producer Shougang Group, has announced that in the January-September period of the current year its crude steel output totaled 3.61 mi...
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Date:2012/10/30
Zhejiang Province-based Chinese steelmaker Hangzhou Iron and Steel Group Co. (HISGC) has issued its financial results for the third quarter of the current year, announcing a net loss of RMB 213 million ($33.8 million).
In the third quarter, the compa...
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Date:2012/10/29
China's imports of iron ore have risen for the past two months, but those of coking coal have dropped for the past three, creating a seeming disconnect between the two key ingredients for steel making.Coking coal imports slumped to 2.42 million ...
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Date:2012/11/01
Shandong Province-based Chinese steelmaker Shandong Iron and Steel Group Co. Ltd has issued its financial results for the third quarter of this year. Accordingly, in the third quarter Shandong Steel achieved an operating revenue of RMB 17.603 bi...
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Date:2012/10/30
On October 28, Hubei Province-based Chinese steelmaker Wuhan Iron and Steel Co. (WISCO) issued its financial results for the third quarter of the current, posting a net profit of RMB 193 million ($30.6 million), down 53.31 percent year on year.
In th...
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Date:2012/10/29
According to statistics released by China’s customs, China exported 135,166 tons of stainless steel flat products in September, rising by 18.8% from a month earlier.In September, the country’s imports of stainless steel flat products were at 48,883 t...
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Date:2012/10/30
As of October 26 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 12.43 million mt, down 274,000 mt as compared to the previ...
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Date:2012/10/26
China's General Administration of Customs announced on October 24 that China's aggregate coal imports in September this year totaled 14.85 million mt, down 21.8 percent year on year.
Meanwhile, the country exported 525,891 mt of coal in the...
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Date:2012/10/26
It’s reported that the global steel mills are expected to soon negotiate the prices of hot rolled coils (HRC) for December 2012 shipment with customers located in Latin American and Middle East.It’s learned that the HRC prices fell by US$50~US$60/ton...
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Date:2012/10/26
Chinese steel giant Hebei Steel posted a net loss of RMB26.08 million for the third quarter, in comparison of a net profit of RMB310 million.In the third quarter, the company’s sales revenues totaled RMB26.971 billion, decreasing by 26.88% year on ye...