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Date:2012/09/18
Handan Steel, a leading Chinese steel producer who engages in high-quality plate and strip production said that it was about to commission its hot rolled (HR) cross-cutting line No.2.The firm indicated that the line is the first domestically-produced...
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Date:2012/09/14
On September 12, Chinese steelmaker Qingdao Iron and Steel Group Co. (Qingdao Steel) announced details of its relocation plan. Qingdao Environmental Protection Bureau had issued its environmental impact report for the project on the previous day. &nb...
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Date:2012/09/18
Xu LeJiang, the President of the Chinese steel giant Baosteel said on September 15th that the Chinese steel enterprise to face loss again in September.In fact, it’s used to be the peak season for Chinese steel industry during September and October; h...
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Date:2012/09/14
China’s Ministry of Railways has stated that in the current year investment in railway construction in China is expected to reach RMB 496 billion ($78.36 billion), increasing by RMB 90 billion ($14.22 billion) compared to the RMB 406 billion ($64.14 ...
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Date:2012/09/17
According to statistics released by the National Bureau of Statistics of China (NBS), China’s crude steel output totaled 58.703 million tons in August, falling by 4.84% from a month earlier and decreasing by 1.7% year on year.In August, the country’s...
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Date:2012/09/14
It is reported that Chinese Henan based Angang will commission its new JV special steel project in October 2012.It's known that the new special steel project named Yongcheng Yudong Special Steel is a joint venture built by Angang and Yongcheng Z...
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Date:2012/09/17
China exported 50,000 tonnes of coke and semi-coke in August, down 80% year on year or 54.55% month on month, according to statistics released by the General Administration of Customs.In the first eight months, China exported 750,000 tonnes of coke a...
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Date:2012/09/14
Vietnam Steel Corp. (VNSTEEL) said that the country’s imports of steel products from China hit 137,500 tons in the first eight months of this year, soaring substantially by 5 times from the total steel product imports in the full 2011.The Chinese ste...
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Date:2012/09/14
Downstream demand has continued to recover in China's domestic thermal coal market, but prices have yet to rebound accordingly, sources said this week.
Some Chinese power plants that are rebuilding their coal stocks have opted to buy a few low-C...
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Date:2012/09/14
It’s reported that that the slumped iron ore prices have forced the Chinese miners to cut production to reduce oversupply.Minmetals, a state-controlled mining company in China has cut the daily iron ore production at its subsidiary Minmetals Luzhong ...
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Date:2012/09/13
The stainless steel stocks in the Chinese Wuxi market totaled 184,685 tons in the first 10 days of September, falling by 2.81% from 10 days ago, according to local sources.In the given period of time, the inventories of hot rolled stainless steel pro...
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Date:2012/09/12
Reuters reported that China's approval of a USD 157 billion infrastructure plan for roads and railways sent US steel and coal shares surging on September 7th 2012.
Ms Michelle Applebaum of Steel Market Intelligence in Chicago said that "It'...
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Date:2012/09/13
Shanghai steel futures steadied on Wednesday as excitement over the $158 billion worth of infrastructure projects approved by China began to lose steam, possibly stalling a rebound in iron ore prices that have surged 15 percent over three sessions.Th...
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Date:2012/09/12
It’s reported that Chinese Henan-based Angang will commission its new jouint veuture special steel project in this October.It’s known that the new special steel project named Yongcheng Yudong Special Steel is a joint venture built by Angang and Yongc...
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Date:2012/09/11
Reportedly, Baosteel Stainless, the second largest stainless producer in China has continued to expand its production capacity of ferritic stainless steel, aiming to meet market demand.In August, the company’s output of ultra-pure ferritic stainless ...
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Date:2012/09/13
Retail gasoline and diesel prices were raised on Monday for the fourth time this year, but experts said the move will not have a major short-term effect on China's consumer price index. The National Development and Reform Commission said on Mond...
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Date:2012/09/12
Reportedly, China’s export prices of hot rolled coils (HRC) have remained stable recently even though the HRC prices have rose slightly in the Chinese domestic early this week.The export quotes of commercial grade boron-added HRC remain flat at US$50...
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Date:2012/09/11
Chinese Hebei-based steelmaker Jingye Group said that the firm has own a tender to supply around 90,000 tons of finished steel products for the metro line 4 project in Nanjing city in Jiangsu Province.It’s known that the products include HRB 400E reb...
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Date:2012/09/13
China will launch its second shale gas exploration tender on Oct 25 in Beijing, as the country accelerates the search for its potential vast reserves of the energy resource, authorities said. The tender will offer 20 blocks, about 20,002 square kilom...
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Date:2012/09/10
The China Iron and Steel Association (CISA) has stated that in late August (August 21-31) this year the average aggregate daily production of crude steel by large and medium-sized steel enterprises in China totaled 1,521,400 mt, down 3.73 percent com...