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Date:2012/09/28
According to Mr. Craig Bouchard, CEO of Shale Inland Holdings LLC in the US, the iron ore prices which have dropped 25% this year are unlikely to rebound on China's economy slowdown, added that the 10% drop on steel prices also will not recover ...
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Date:2012/09/27
According to the China Association of Automobile Manufacturers, the auto exports in the world's largest auto market in August increased by 10.65% year on year and rose by 5.19% month on month to 95,419 units.Figures showed the exports of passeng...
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Date:2012/09/28
Sellers of imported iron ore cargoes in China cut prices for a third day Tuesday as weak demand pushed down the benchmark rate to a one-week low, and the near-term outlook for the steel market remained weak despite recent gains.
Price offers for iron...
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Date:2012/09/27
China Machine Building International Corporation (CMIC), a Chinese government company, has pledged to establish a US$100 million iron ore mining and integrated steel plant in Mbarara district. The plant is expected to be fully operational in 18...
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Date:2012/09/28
Reuters reported that spot iron ore prices in top consumer China fell, reflecting limited interest among steel mills in restocking the raw material ahead of next week's public holiday given the uncertain outlook for steel demand.Traders said tha...
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Date:2012/09/27
Shanxi Province based Chinese coal chemicals company Taiyuan Chemical Industry Co., Ltd announced on September 20 that the company’s annual coke output is estimated to see a YoY decrease of 200,000 tonnes in 2012 due to production halt of its coke ov...
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Date:2012/09/28
Iron ore stockpiles fell at 25 major Chinese ports during the week ending on Sept. 24, according to Xinhua's latest iron ore price report released on Tuesday. Inventories of imported iron ore at the ports stood at 101.28 million metric tons, dow...
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Date:2012/09/27
Zhuhai Port Authority in Guangdong Province, China announced that the construction of the coal logistics center located in the city of Zhuhai has been completed and the installation of all the large handling equipments is expected to be completed by ...
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Date:2012/09/28
On September 24th 2012, Taigang Stainless Steel cut October 2012 high nickel content ferronickel bidding price by CNY 20 per Ni from CNY 1200 per Ni of prior week to current CNY 1,180 per Ni, up CNY 20 per Ni month on month.
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Date:2012/09/26
According to statistics, the inventories of stainless steel totaled 187,718 tons in the Chinese Wuxi market in the second 10 days of September, up by 1.64% from the previous 10 days.Among them, 109,659 tons were cold rolled stainless steel, down by 1...
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Date:2012/09/28
The State Development and Investment Corporation (SDIC) has started trial operation at its second 50mt/yr coal terminal at Caofeidian port in Hebei, having completed building work in July.
The project includes two 150,000t berths, one 100,000t berth...
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Date:2012/09/26
According to statistics, China's export of seamless pipes totaled 470,900 tons in July, down by 2.44% versus June while up by 3.53% year on year.In July, export volumes of seamless pipe specifically for oil and gas transmission pipeline includin...
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Date:2012/09/27
China’s steel plate market will experience the correction after the long national holiday in October as the weak market demand is not improved and the spot iron ore prices continue falling, according to market participants’ estimates.However, the pri...
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Date:2012/09/26
Spot iron ore prices in top consumer China fell on Monday, reflecting limited interest among steel mills in restocking the raw material ahead of next week's public holiday given the uncertain outlook for steel demand. Price offers for imported i...
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Date:2012/09/27
It’s reported that the Chinese steel giant Baosteel has informed its domestic customers to remain its tinplate list prices unchanged for November.Besides, the firm has hiked the tinplate prices by RMB80/ton for certain customer through reducing the d...
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Date:2012/09/26
Taiyuan Iron & Steel Group (Tisco), the largest stainless producer in China announced to hike its export prices by US$150/ton averagely for September orders, driven by sharply rising nickel prices boosted by the QE3 monetary policy.Tisco decided ...
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Date:2012/09/27
It’s reported that the spot iron ore prices have slid recently after sharply rising. At present, the prices of Indian spot iron ore fine contains 63.5% Fe are at US$107.5~US$108.5/ton C&F, falling by US$2/ton from US$109.5~US$110.5/ton C&F.Me...
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Date:2012/09/26
China saw its cargo throughput of ports above designated size reach 792.04 million metric tons in August this year, reflecting a YoY growth of 2%, the Ministry of Transport said.
The figure last month was 14.38 million metric tons lower than in July ...
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Date:2012/09/26
China Coal Energy Co Ltd, the country's second-largest coal miner by revenue, has announced that its parent company China National Coal Group Corp has purchased 24.23 million A shares during the period between Sep 22, 2011 and Sep 21, 2012.
Aft...
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Date:2012/09/26
China's work safety watchdog on Monday unveiled several lists of penalties for unsafe coal mines, including mines that should be shut down or have production suspended for safety checks.
The State Administration of Work Safety (SAWS) decided to...