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Date:2012/10/26
It's reported that Shanghai rebar steel futures rose on October 24th 2012 after China's economy data showed a gradual recovery from seven straight quarters of slowdown.The most traded rebar for May 2013 delivery on the Shanghai Futures Exch...
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Date:2012/10/25
China's steel industry achieved an overall profit of RMB82 billion (about US$13 billion) in the first three quarters of this year, slumping by 53.4% year on year.In the given period of time, the country's crude steel output reached 542.34 m...
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Date:2012/10/26
Currently, Chinese steel giant Baosteel announced its December prices for tinplate.It’s learned that the company’s December prices for tinplate with thickness of 2mm are at RMB7,122/ton; that for tinplate with thickness of 0.35mm is at RMB5,882/ton, ...
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Date:2012/10/24
According to the Chinese customs authorities, China’s finished steel product exports and imports in September this year amounted to 5.15 million mt and 1.20 million mt respectively. In the January-September period China’s aggregate volumes of finishe...
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Date:2012/10/26
Recently, the spot prices of iron ore have continued rising.At present, the spot prices of Indian iron ore fines contain 63.5% Fe have jumped to US$120.5~US$121.5/ton C&F, up by US$1.5/ton from the previous quote.Meanwhile, the spot iron ore pric...
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Date:2012/10/24
According to the figures released by China’s National Bureau of Statistics, in September this year the aggregate outputs of crude steel, pig iron and finished steel in China amounted to 57.946 million mt, 52.896 million mt and 80.437 million mt, up 0...
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Date:2012/10/25
Chinese steelmaker Chongqing Iron & Steel Co. said on October 24 that it produced 3.99 million mt crude steel in the first nine months of the current year.
As SteelOrbis previously reported on October 10, the company had announced that its finish...
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Date:2012/10/24
Hebei Province-based Chinese steelmaker Jinxi Iron and Steel Co., a subsidiary of China Oriental Group Co. Ltd, has announced that it foresees reduced profitability in the second half of the current year, while it expects to record a net loss for the...
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Date:2012/10/25
China's National Development and Reform Commission (NDRC) has approved the application of 200,000 mt ore berth at Dadong dock of Dandong Port in Liaoning Province, Northeast China, as reported by China's state-owned Xinhua News Agency. The ...
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Date:2012/10/24
Iron-ore swaps rose to the highest since July on speculation China may cut the amount of cash banks have to keep in reserve, helping purchases of the commodity used to make steel, according to SSY Futures Ltd. November contracts rose 2.6 percent to $...
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Date:2012/10/25
It’s reported that the spot iron ore price started to rise recently after experiencing the correction for a period of time.At present, the spot prices of Indian iron ore fine contain 63.5% Fe have increased to US$119~US$120/ton C&F, rising by US$...
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Date:2012/10/24
In January to September 2012 period, Baotou Steel exported steel products of 770,000 tonnes, up by 12% YoY and the exports value accumulating USD 520 million.
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Date:2012/10/25
According to statistics, the stainless steel stocks market totaled 178,713 tons in the Chinese Wuxi in the second 10 days of October, falling by 1.34% from the previous 10 days.Among them, 107,764 tons were cold rolled stainless steel, decreasing by ...
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Date:2012/10/24
According to statistics released by the China National Coal Association, China’s coal production rose by 3.6% from a year earlier to 2.88 billion tonnes in the first Q3 and coal sales gained 2.4% YoY to 2.78 billion tonnes.
The CNCA predicted that th...
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Date:2012/10/25
China's Ministry of Commerce (MOC) has announced that during last week (October 15-21) average steel prices in China indicated a week-on-week decrease of 0.3 percent , while iron ore prices have declined by 2.9 percent compared to the previous w...
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Date:2012/10/24
Through two years geological exploration, a large integrated coalfield with 81 billion tonnes in reserve was discovered in Tacheng Prefecture by the Xinjiang Geology and Mineral Exploration Bureau. The coalfield would provide important resource guara...
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Date:2012/10/25
The inventories of stainless steel in the Chinese Foshan market totaled 124,302 tons in the second 10 days of October, up by 0.32% from 10 days earlier.Among them, 67,637 tons were cold rolled stainless steel, decreasing by 557 tons and 56,665 tons w...
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Date:2012/10/23
Spot iron ore prices were steady on Monday but were likely to rise later in the week as firmer steel prices in top consumer China encourage mills to produce more of the building material.Seasonal demand during the month when some construction activit...
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Date:2012/10/23
China's economy grew 7.4 percent in the third quarter from a year earlier, matching market expectations. But other data, including industrial production, was slightly ahead of forecasts, and quarter-on-quarter GDP growth was strong, suggesting t...
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Date:2012/10/23
Carbon Energy (ASX: CNX) has signed its first international technology license agreement, making it Chinese coal giant Shanxi Coal Transportation and Sales Group’s exclusive underground coal gasification technology partner for the Shanxi Province.
Sh...