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Date:2012/09/12
According to statistics, the stainless steel stocks in the Chinese Foshan market totaled 131,354 tons in the last 10 days of August, rising by 9.46% from the previous 10 days.Among them, 65,121 tons were cold rolled stainless steel, rising by 7,013 t...
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Date:2012/09/13
Chinadaily reported that China coal chemical industry is entering a new stage of development with 15 local pilot projects approved in late August. But authorities should take the environmental costs into account. The biggest problem is water resource...
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Date:2012/09/10
It is reported that China largest steelmaking province says the sector has fallen into extreme depression and is unlikely to recover for some time as the country steel mills undergo a long-awaited restructure.
The comments come as iron ore stock pile...
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Date:2012/09/12
According to statistics released by the China’s customs, China’s exports of steel products totaled 4.24 million tons in August, down by 1.9% from a month earlier, falling for consecutive two weeks.In August, China’s imports of steel products totaled ...
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Date:2012/09/13
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 2012, the company's output of ultra pure ferritic stainless s...
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Date:2012/09/10
Weak margins and overcapacity will erode the profitability of China's steel sector this year, amid sluggish demand and declining prices, ratings agency Standard & Poor's said at a teleconference Wednesday. "The overall performance for t...
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Date:2012/09/11
In August this year, the average aggregate daily production of finished steel in China totaled 2.54 million mt, down 3.05 percent compared to 2.62 million mt in July, according to the China Iron and Steel Association (CISA).
Amid the production cuts ...
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Date:2012/09/13
China exported 650,000 mt of coal in August, down 48% year on year, but up 30% month on month, according to preliminary figures released Tuesday by China Customs. In the first eight months of 2012, China exported a total of 6.92 million mt of coal, d...
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Date:2012/09/11
In the January-August period of this year, China's finished steel exports totaled 35.79 million mt, up 8.6 percent year on year, according to the figures released by China's General Administration of Customs. Meanwhile, the country imported...
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Date:2012/09/10
According to China's industrial economic performance report of H1 2012, China's steel capacity surplus exceeds 160 million tonnes and cement capacity surplus exceeds 300 million tonnes. The capacity utilization in aluminium smelting industr...
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Date:2012/09/12
BEIJING, Sept. 11 The prices of imported iron ore at 25 major ports in China fell during the week ending Sept. 10 from the previous week amid falling steel prices, according to Xinhua's latest iron ore price report released on Tuesday.
Th...
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Date:2012/09/12
Crude Steel Annual Output below 1 mln Tonne to Be Eliminated: The Ministry of Industry and Information Technology of China (MIIT) announced to obsolete steel mills with annual output under one million tonnes. According to the standards, plain ca...
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Date:2012/09/11
In August this year, the industrial value-added output of large and medium-sized enterprises in China indicated an increase of 8.9 percent year on year and was up 0.69 percent compared to July, according to China's National Bureau of Statistics ...
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Date:2012/09/10
China's railroads transported 214.5 million mt of coal in August, up 68.5% month on month, and 16.6% year on year, a release by the country's railway ministry on Thursday showed.
Over January-August, the coal railings stood at 1.508 billion...
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Date:2012/09/11
In August this year, Chinese exports improved by a smaller margin than expected, increasing by 2.7 percent year on year and by 0.6 percent month on month to $177.97 billion, as announced by the Chinese customs authorities on Monday, September 10. In ...
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Date:2012/09/10
East China's Shandong province has decided to further cut its coal output to stabilize the price amid faltering demand, state media reported.According to Xinhua News Agency, local coal miners, which have sold coal of inferior quality or suffered...
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Date:2012/09/07
China Datang Corp, the second-largest electricity producer in China, has announced that it plans to issue RMB 5 billion in super short-term bills with a maturity of 270 days on the interbank market today.
According to a statement, the power company s...
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Date:2012/09/11
According to statistics released by the China Iron and Steel Association (CISA), the major large-and-medium scale steel enterprises’ daily crude steel production averaged by 1.5214 million tons in the last 10 days of August, falling by 3.73% from 10 ...
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Date:2012/09/10
Changjiang Steel, a Chinese leading steel producer stated that the firm expected to put its upgrade project into operation before this December.It’s known that the upgrade project includes iron making, steel making along with rebar production and sin...
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Date:2012/09/07
China State Administration of Work Safety has decided to close 625 small coal mines this year. The Chinese government has acted to ensure safety within the coal mining industry with a coal mine explosion last week claiming the lives of 43 workers kil...